KARACHI: Rupee is the erosion is far from over as it went as low as Rs90/dollar on the open market on Monday, Geo News reported.Haji Haroon, president Exchange Companies Association of Pakistan (ECAP), Geo News said they expected the falling dollar - interbank transactions - a few days because they firmly believe that the State Bank of Pakistan (SBP) would open its taps reserves "increased supply of the greenback.
He analyzed a local capacity building and global dollar is down big time rupee.
Experts expect the rupee may reverse after the SBP injects dollars into the system
