News of interest rate hike again Currency market I DollarThe value has been further increased.
Yesterday (Wednesday March 8). Interbank The value of the dollar increased by one rupee 25 paise to 279 rupees 12 paise, while the dollar rose by two rupees to 280 rupees in the open market.
Pakistan will not default
Rs The decline in the value of the dollar continues on Thursday (March 9), the value of the dollar increased by 2 rupees 88 paise to 282 rupees in a few hours.
Demand to increase the prices of petroleum products
On the other hand, the rupee continues to be under pressure in the open market.
Currency dealers say that The IMF due to contract delays and news of further interest rate hikes Dollar There is a tendency to buy.