KARACHI: With a consistent upward trend, the US dollar touched a new record high of Rs153 in the open market on Tuesday. With an increase of Rs1.36, the rate increased to Rs153 in the open market. The dollar was recorded at Rs150 on Friday, at Rs147 on Thursday and Rs144 on Wednesday, in the past week. The International Monetary Fund (IMF) has conditioned to let the market forces decide the rupee-dollar exchange rate going forward. A few days earlier, taking the notice of the devaluation of rupee against the US dollar, Prime Minister Imran Khan ordered to launch a crackdown against money changer companies selling dollar above market rate.

Source: Pakistan Today May 21, 2019 07:20 UTC