Pak rupee all-time low against US dollar

Pak rupee all-time low against US dollar
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Summary On Wednesday, rupee yet again hit a record low against US dollar in inter-bank market.

US dollar reached as high as Rs.94, which is an all-time high in history of the country.Forex dealers were of the view that it gained strength against rupee due to a rising demand of USD by the exporters.Currency savants said if USD is not stopped in its tracks now the imports would go dearer fuelling inflation big time.
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