After the US Dollar, the value of the Euro, Pound, Dirham, and Riyal has also fallen heavily in the open market.
According to media reports, the Euro has dropped by Rs 8 to Rs 305, the Pound has down by Rs 13 to Rs 355, the Dirham has dropped by Rs 6.30 to Rs 72.70, and the Rial has dropped by Rs 3.70 to Rs 71.70.
On the other hand, the dollar closed at the level of 275 rupees 44 paise by 10 rupees 55 paise in interbank.
Besides, Malik Bustan says that the dollar can be between 260 to 270 rupees in the interbank.
He said that due to the wrong policies of the government, the value of the dollar had increased, and importers were buying dollars through Hawala Hindi.
He said that speculators have started selling dollars in the market, and now the value of the dollar in the inter-bank market can be between Rs 260 and Rs 270.
