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Greenback falls to Rs97

Greenback falls to Rs97

KARACHI: The US dollar plummeted to Rs97-level on Monday, continuing its depreciation from the previous week.

According to forex.pk, the greenback was being bought at Rs97.70 and sold at Rs97.90 in the interbank-market.

However, in the open market the dollar is being sold at Rs100.40 and bought at Rs100.15, registering a slight decrease in its value from the previous day.

Last week the dollar dropped to Rs98.10 in the interbank-market and currency dealers have predicted further devaluing of the greenback this week.