KARACHI: The United States dollar has reached a new record high of Rs150 in the interbank market on Friday morning.<br /><br />As the rupee continues to devalue against the US dollar in this week, the greenback, today, gained another Rs3 in the interbank market to touch the highest peak.<br /><br />Yesterday, with consistent downward trend of the rupee against the US dollar, the greenback touched Rs148.<br /><br />Read more: PM Imran Khan orders crackdown against companies selling dollar above market rate<br /><br />The dollar gained Rs6.61 at the start of the trading in the inter-bank today, but soon was contained to 146 rupees.<br /><br />It may be noted, just three days after PM’s adviser Abdul Hafeez Sheikh’s announcement regarding finalization of a three-year bailout with the International Monetary Fund (IMF) for $6 billion, the rupee went into free fall on Wednesday, hitting a record low of Rs146.25 against the dollar in the open market during trading and later bounced back to Rs144 at the closing of the trading.
