Staff Report
KARACHI: With the World Bank reportedly delaying the release of a loan to Pakistan, the dollar rate has gone up as the rupee weakened against the US dollar in the open market on Thursday morning.
Market rates released by the Forex Association of Pakistan showed that a single US dollar was being traded at Rs239.50.
Inter-bank dollar rate
The value of dollar was reflected Rs228.91 in the inter-bank market. For the majority of the past year, the open market has largely traded at Rs10 over and above the interbank price.
