USD to PKR reaches at Rs 148.5 after breaking all records

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Dollar rate in Pakistan is still increasing as it broke all previous records today.

USD to PKR significantly increased today and reached at Rs 148.5 in the interbank market.

Yesterday, Dollar rate in Pakistan out of the blue came to at Rs 146.25 in the open market. The raise of Rs 2.25 was seen as understanding is concluded in regards to the $6 billion IMF bailout to Pakistan. From that point forward, PM Imran Khan requested concerned experts to make a move against outside trade organizations selling the dollar at above Rs 144.

On the opposite side, Under the IMF loan agreement, Pakistan must choose the option to yield to the IMF’s requests to climb control duties and assesses and pull back duty concessions and exclusions which are among the conditions that the nation has acknowledged to get the loan.

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