Rupee ends flat against dollar

KARACHI: The Pak Rupee ended flat against dollar on Thursday amid higher demand for import and corporate payments.

The rupee ended Rs156.25 to the dollar from previous day’s closing of Rs156.24 in interbank foreign exchange market.

Currency experts said that demand for dollar was higher earlier in the day but inflows kept the local currency stable.

The foreign currency market was opened in the range of Rs156.30-156.40. The market recorded day high of Rs156.35 and low of Rs156.20 and ended at Rs156.25.

The exchange rate in open market also witnessed stable value of the local currency. The buying and selling of dollar was recorded at Rs155.80/Rs156.30, the same previous day’s closing in cash ready market.

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