KARACHI – The Pakistani rupee fell to fresh historic low against the US dollar on Saturday, with the US currency crossing the mark of Rs 91 easily, dealers said.

In the open market, the dollar witnessed strength against the rupee. It initiated the day’s trading at Rs 89.9, gained 95 paisas and closed at Rs 90.85 for buying and Rs 91.3 for selling. The euro depreciated against the local currency as it began the day’s trading at Rs 116, lost 20 paisas and closed at Rs 115.8 for buying and Rs 118 for selling. The British currency also recorded strength against the rupee. It started the day’s trading at Rs 139, gained Rs 1.3 and closed at Rs 140.3 for buying and Rs 142.3 for selling.

In the interbank market as well, the dollar witnessed strength against the rupee. It commenced the day’s trading at Rs 89.93 for buying, gained 69 paisas and closed at Rs 90.62 for buying and Rs 90.67 for selling. The European currency slumped against the rupee as it started the day’s trading at Rs 116.15 for buying, lost 15 paisas and closed at Rs 116 for buying and Rs 116.2 for selling. The British pound witnessed gain against local currency. It began the day’s trading at Rs 138.58 for buying, increased Rs 1.9 and closed at Rs 140.48 for buying and Rs 140.68 for selling.