US Dollar dives 6.2pc against Rupee in International Market

Surprising day for Pakistan as US Dollar dives down at Rs. 121.57 against Pakistani Rupee approximately 6.2% in a day. 

Earlier we reported InterBank US Dollar rate continues to decline and In open Market Dollar nose dived at closing hour on monday.

Inflow from Saudia Arabia and China has offered 2$ billion loan to upcoming government for settlement purpose, this news made a huge impact on market on monday and as Pakistani Rupees fever started to drop against US Dollar, like never before.

Meanwhile PSX ( 100 Index ) closed with 770+ change with current exchange at 43556.6 The confidence in market is visible since General Elections results and expecting to improve further as PTI to forms a new government in Federal, KPK and Punjab on August 11.