Dollar Making New Highs in Pakistan
Pakisan who is going through trouble after trouble since the action against judiciary was taken by President Musharraf in the month of March, the last year is now awaiting the outcome of the recent move by the ruling coalition of Impeachment of President Musharraf.
In the backdrop of above situation today the American Dollar is is touching a new high of 76.6 against the Pak rupee. This is the highest ever rate of dollar since the independence of Pakistan.
However all is not bad as the benchmark index of Karachi Stock Exchange KSE100 is trading in the positive zone and has already crossed the 10,000 mark by touching a high of 182 points. This index level is very crucial for local bourse as the index was trading near 15,000 points just after the general elections in February this year.
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