The rate of dollar rate has now reached Rs 142 in the interbank market, against Rs 134 trading yesterday Nov 29.

The current account deficit is said to be reason behind the fresh surge. The government is holding talks with the International Monetary Fund, and the IMF has asked Pakistan bring down rupee in terms of the dollar, reported our correspondent.

It appeared that the rupee may continue fall in terms of the dollar, because just within one year December 27, 2017 when it was available at Rs 110.45 against the dollar, has lost Rs 23 to Rs 135.30.