Rupee ends flat in range bound activity

KARACHI: The Pak Rupee ended flat against dollar on Wednesday in range bound trading activity.

The rupee ended Rs156.17 to the dollar from previous day’s closing of Rs156.16 in interbank foreign exchange market.

Currency experts said that the rupee was remained stable during the day as no significant demand was seen for the greenback by importers or corporate side.

The foreign currency market was initiated in the range of Rs156.16 and Rs156.21. The market recorded day high of Rs156.19 and low of Rs156.12 in interbank foreign exchange market.

The exchange rate witnessed stable rupee value in open market. The buying and selling of dollar was recorded at Rs155.70/Rs156.20, the same previous day’s level, in cash ready market.

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