*ISLAMABAD – US Dollar has hit the highest ever mark of history againstPakistani Rupee.*
*The dollar saw a Rs9.5 rise Friday morning, jumping to Rs143.5 in theinterbank market. This is the highest ever level the dollar has reached andthe highest intraday gain in its history.*
The last highest rate was Rs136. On November 29, the dollar closed atRs134. The second highest intraday gain was Rs9.26 on October 9.
The State Bank of Pakistan has acknowledged the dollar’s rise but said thatit cannot comment until the end of the day when the dollar settles. The dayends at around 3:30pm or 4pm.
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“There is certainly this movement in the market but we can’t comment onwhat the exact rate is. We will know by day end where it settles,” it said.The central bank also said that the rise is due to a gap in the demand andsupply of dollars in the market.
