Rupee ends flat in lackluster trading

KARACHI: The Pak Rupee ended flat against dollar on Tuesday in lackluster trading activities, dealers said.

The rupee ended Rs155.45 to the dollar from previous day’s closing of Rs155.44 in interbank foreign exchange market.

Dealers said that lower dollar demand for import and corporate payments kept the rupee stable in the foreign currency market.

The foreign currency market was initiated in the range of Rs155.45 and Rs155.55. The market recorded day high of Rs155.45 and low of Rs155.43 and closed at Rs155.45.

The exchange rate in open market also witnessed stable rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.50, the same previous day’s level, in cash ready market.

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