The dollar rate in Pakistan defied expectations and managed not to jump particularly high after the country’s exchange companies announced they would be removing the artificial cap on the rupee-dollar parity. The dollar opened at Rs 251 at the start of the day, but closed at Rs 242 by the close of market. UrduPoint anchor Danish Hussain has elaborated in this video that how this dollar rate surge will affect the economy in Pakistan and how it would add up to the inflation in Pakistan. To know more about the causes of dollar rate increase, Let us know in this video.
Anchor: Danish Hussain

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