Dollar increases by Rs18.98 against rupee, reaches all-time high of Rs285.09 in interbank

KARACHI (92 News) - The dollar rate increased by Rs18.89 against the rupee in the interbank market on Thursday, reaching at Rs285.09.

In the open market, the dollar rate witnessed an increase of Rs14 and it was sold at Rs288. During the last two days, the dollar price has increased by Rs24.

It is being feared that the dollar rate might cross Rs300 due to a delay in the stock-level agreement with the International Monetary Fund.