Rupee hits new low of 305/dollar in interbank market

The US dollar continued to rise against a loss of Pakistani rupee, reaching 305 during trade as the difference with the inter-bank rate extended further.

The Pakistani rupee is once again on an uphill battle against the mighty US dollar.

The dollar soared beyond the Rs305 mark in interbank trading, as the rupee fell further 80 paisas against the greenback.

The rupee's value seemed to be dropping with each passing day, shocking both economists and citizens alike.

The consequences of the dollar's ongoing gains are far-reaching.