KARACHI: The US dollar plummeted to Rs97-level on Monday, continuing its depreciation from the previous week.
According to forex.pk, the greenback was being bought at Rs97.70 and sold at Rs97.90 in the interbank-market.
However, in the open market the dollar is being sold at Rs100.40 and bought at Rs100.15, registering a slight decrease in its value from the previous day.
Last week the dollar dropped to Rs98.10 in the interbank-market and currency dealers have predicted further devaluing of the greenback this week.