Dollar rate increases Rs1 in inter-bank market

KARACHI (92 News) – The Dollar rate on Friday increased by Rs1 and reached a two-week high of Rs134 in the interbank market on Friday. As per reports, Dollar maintains its upward journey for second day. In last two days, the dollar value increased by 1.40 rupees. The green back was worth Rs132.6 at the close of the market on October 7 but surged by 43 paisas the next day and 97 paisas today. It was trading at Rs134 in early hours, more than a rupee higher than the rate it has maintained since October 23.