Dollar rate soars to Rs 116 in interbank market

KARACHI (92 News) – The rate of dollar in the interbank market continued to rise as it soared to Rs 116, on Tuesday. The value of rupee continues to fall in comparison to the dollar as the rate of the American currency climbed to Rs 116. Experts have warned that if the value of dollar continues to rise then the prices of food items as well as other commodities will also increase.