US Dollar plunges to all time high

Rupee recovers Rs 2.25 against dollar

KARACHI: The Pakistani rupee gained Rs 2.25 to reach Rs199.76 on Friday as the government met the International Monetary Fund’s (IMF) condition of slashing the subsidy on the prices of fuel. The local unit recovered Rs2.25 to close at Rs199.76 to the dollar from Thursday’s closing of Rs202.01 in the interbank foreign exchange market. The rupee recorded the historic low

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