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The dollar continues to fly in the interbank market due to rising inflation and other external factors.
The dollar continued to soar in the interbank market on Monday due to concerns over Pakistan’s ongoing talks with the IMF, the Pandora Papers scandal, and the rise in inflation to 9 percent in September.
In the interbank market, the dollar closed at a new high of Rs 170.79, up another 32 paise. However, in the open currency market, the dollar depreciated, with the dollar depreciating by 30 paise to close at Rs 172.30.