The rupee continued slide versus the dollar on the money market on Saturday and it's most likely that it may breach the barrier of Rs 131 in the near term, dealers said.
To control the demand and supply position of dollar, the Stake Bank of Pakistan (SBP) is taking cautionary measures, marketmen said.
The outcome of efforts made by central bank may come out in the coming days, they said.
In the final US trade, the dollar fell across the board on Friday, as the latest comments by US President Donald Trump complaining about the strength of the greenback and the rise in US interest rates squashed a rally that took it to a one-year high the previous session.
The US currency extended losses in afternoon trading after CNBC reported that Trump was worried the Federal Reserve will raise interest rates twice more this year.
The dollar index, a measure of its value against a basket of six major currencies, erased three days of gains. Against the yen, the dollar recorded its largest daily fall since February.
The latest report, which cited a White House official, followed Trump's criticism on Thursday of the Fed's interest rate policy and the strong dollar, saying that it could hurt the US economy.

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Open Bid       Rs.130.20
Open Offer     Rs.130.70
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