Rupee ends unchanged in range bound activities

KARACHI: The Pak Rupee ended unchanged against dollar on Thursday owing to range bound trading activities.

The rupee ended Rs155.33 to the dollar, the same previous day’s level in interbank foreign exchange market.

The currency experts said that the lower demand for dollar from importers and corporate sector helped the rupee to maintain level. Besides, the market also witnessed no significant inflows of export receipts and workers remittances.

The foreign currency market was initiated in the range of Rs155.30 and Rs155.35. The market recorded day high of Rs155.34 and low of Rs155.30 and closed at Rs155.33.

The exchange rate in open market also witnessed no change in rupee value. The buying and selling of dollar was recorded at Rs155.40/Rs155.70, the same previous day’s closing, in cash ready market.

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