The US greenback on Monday elevated by Rs2.70 in opposition to the Pakistani rupee within the interbank alternate market, reaching Rs156.58.
As commerce commenced, the greenback rose Rs2.70 within the open market, climbing to Rs157 within the open market.
The speedy unfold of the coronavirus an infection world wide has had a detrimental impression on the world economic system, creating hindrances for provide chains throughout the globe.
The event additionally comes within the wake of oil costs crashing by 30% attributable to a disagreement between the cartel of oil producing and exporting nations (OPEC) and Russia on slicing manufacturing.