After gaining by 80 paisa in the Interbank on Monday, the US Dollar closed at an all-time high versus the Pakistani Rupee (PKR).

Weakening macroeconomic have kept dollar demand high, with the greenback ending the first working day of the week at Rs200.94.

Depleting foreign exchange reserves and uncertainties over the resumption of the International Monetary Fund (IMF) programme are weighing on the local currency.

The dollar has gained Rs18.01 against the local currency since the new government took office.

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