KARACHI:The US dollar on the first day of the business week reached a historic high of Rs210.03 mark after an increase of Rs2.55 in interbank trading on Monday.

This is the first time that the US dollar crossed the Rs210 mark in the country’s interbank trading history. Financial experts said that the uncertainty over the deal with the International Monitory Fund (IMF) delayed keeps on putting pressure on the local currency.

Since the coalition government assumed charge in April, the American currency increased by Rs26.99. The previous close on Friday last week was Rs208.75 with the total depreciation of the Pakistani rupee -0.52 percent.