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Pakistan’s rupee at all-time low against U.S. dollar at 194.60

KARACHI, Pakistan – The U.S. dollar climbed past Rs194 in the interbank market in Pakistan on Monday as analysts expressed concern about the country’s rising import bill.

According to the Forex Association of Pakistan (FAP), the greenback gained Rs1.30 from Friday’s close to Rs194.30 in interbank trade around 11:30 am.

The dollar closed at Rs194.60, up Rs1.60 from the previous close.

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