US Dollar Hits Record Height of Rs 121 in Interbank Market

The US dollar reaches the record  height of Rs 121 in interbank trading on Monday morning.

According to foreign exchange dealers, dollar initially standing on 115.63 is increased by Rs 5.38.

The possible reasons for this hike are increasing imports and decrease in widening current account.

Pakistani Rupee is decrease by 4% in interbank market due to increase in dollar.