KARACHI: The dollar surpassed the barrier of Rs141 in the interbank market on Tuesday to set a record high against the local currency.

“From start of the day, we found the dollar was trading at Rs141.10, which was 20 paisa more than Monday,” said a banker dealing in the interbank currency market.

Currency dealers said the greenback has started gaining fast against the rupee since the last visit of Inter­national Monetary Fund officials to the country in March. They added that the State Bank of Pakistan has directed the open market to trade dollar within the range of Rs142-142.50.

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