Karachi: The trend of rupees declining against dollar is going on and dollar in open market bank increases more then 96 rupees. According to the market dealers inter bank market has observed 10 paisa rise in dollar against rupees after which the dollar is selling on 94 rupees and 35 paisa. While a dollar in open market has increases more then 96 rupees.
There is ground reality that dollar is not gaining any strength worldwide its just Pakistani rupees which is declining very rapidly. The major difference in Dollar has been observed from the late May. According to the business community the rise in dollar will create prominent hurdles in their business