Despite tall claims by government, US dollar crosses Rs 188 in open market trading

Despite tall claims by government, US dollar crosses Rs 188 in open market trading

*KARACHI: The US dollar continued its flight on Thursday after thegreenback gained Rs0.18 at the start of the day against rupee in interbank..*

The US dollar traded at 187.10 in the interbank after it jumped by Rs0.18in the interbank. In the open market, the US dollar is trading at overRs188.

After recording an upward march against US dollar following the success ofno-trust move and the formation of new coalition government, the Pakistanirupee on Wednesday continued its upward trajectory against US dollar afterit witnessed a jump of Rs1.2 against the greenback in the interbank.

The US dollar traded at Rs185.56 in the interbank after a rise of Rs1.2during the opening hours of the day. Meanwhile, the US dollar traded atRs186.50 in the open market today.