Dollar on rampage against rupee on third consecutive day
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But things were even worse in the open market for the local currency where the dollar exchange rate reached Rs161 after an increase of 80 paisas.
Meanwhile, this trend has serious consequences for the country as the external debt increased by Rs245 billion in just three days.
As far as the other major currencies are concerned, the euro was up by 20 paisas in interbank and by 50 paisas in open market trading with its value reaching Rs190.10 and Rs190.50 respectively.
However, the pound sterling had a mixed day with the interbank exchange rate going up by Rs1 in the open market to the level of Rs213 and the interbank price reduced to Rs212.14 with a cut of 19 paisas.