Dollar rises to highest in history - Pakistan News Digest

Dollar rises to highest in history

The inter-bank exchange rates of dollar rose to the highest in history today with buying rate remaining at 124.8 rupees and selling rate at 125 rupees.

According to SN M tate Bank officials, the increase in exchange rate has also increased the country's foreign debt volume by 800 billion rupees making it 8120 billion rupees.

The State Bank further informed that the country's foreign debt was 63 point 35 billion dollars that was calculated at 7324 billion rupees at the end of May with dollar rate of 115.61 rupees. This amount rose by 800 billion rupees with the increase in the exchange rate of dollar.

Source: Radio Pakistan

   

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