According to the report, the US dollar hit a fresh high of Rs181 in the open market on Tuesday.
The dollar climbed 50 paise in the open market on Tuesday, according to the Exchange Currency Association Karachi.
The euro gained 30 paise to Rs202 on the open market, while the Saudi riyal gained 10 paise to Rs47.65.
The rupee has been steadily losing value in recent months, making the dollar more expensive by the day. It lost 11 paisas in inter-bank transactions today (Tuesday), and the dollar rate jumped to Rs178.
At the close of inter-bank trading yesterday, the rate of the dollar was Rs177.89. The US dollar gained 60 paisas against the rupee in the open market Tuesday, reaching a fresh high of Rs180.50.