USD reaches 100 against PKR

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Pakistani Rupee (PKR) fell against the Dollar (USD) and reached Rs100 per Dollar on Monday which is the lowest in the history of PKR-USD trade.

Open market trading began at Rs 99.70/- for buying and fell 10 Paisas closing at Rs100 for selling.

Experts are expecting a bounce back and lower than average volumes with other financial markets in Asia.

USD in the open market reached the highest in 65 years, dealers said they would watch the domestic share market for direction during the day.