US dollar rate in interbank market bounces back

KARACHI – US Dollar rate in interbank market on Wednesday has bounced back.

Dollar has increased by Rs 1.26 after which its value has reached Rs139.

Following this the dollar value was recorded at Rs139 in interbank marketwhile Rs140 in the open market. However, its value is fluctuating betweenRs130 and Rs140.

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The increase in the dollar value has risen debt burden by Rs 120 billion.