KARACHI - US dollar traded at the highest price of Rs 109.20 in free market on Monday.
According to the data provided by the Exchange Companies Association of Pakistan, US dollar traded at the lowest price of Rs 107.60 and the highest price of Rs 108.20 in inter-bank while the lowest price of it in cash-free market was Rs 108.80 and the highest was Rs 109.20.
Pakistani rupee has been under pressure. Experts link the depreciation to various factors, including excessive government borrowing from local as well as international lenders.