KARACHI: The dollar hit a 22-month low on the interbank market.

According to Geo News, at the beginning of the second day of the business week today, the dollar has lost 83 paisa in the interbank market so far, bringing the dollar to Rs 153.20.

The value of the dollar in the interbank market is at its lowest level since June 13, 2019 and after a high of Rs 168.43 on August 20, the dollar has depreciated by Rs 15.23 so far.

The US dollar had lost an average of 55 paise to close at Rs 154.04 against the rupee yesterday.