KARACHI: Dollar is continuously striking itself down against rupee. The last dollar rate reported by the Inter Bank in the open market was 97.90, Aaj News reported.
According to the reports, dollar has weakened its firm and stroked down to 97.75 in the open market against Pakistani rupees. The dollar rate came down by 1 rupee 95 paisas, whereas 1$ is now equal to 97.90 Pakistani rupees.
According to the experts, the reason of dollar being low is dependent upon the trade of oil, whereas dollar in future is likely expected to fall after the third installment of International Monitory Fund (IMF).