KARACHI: The Pak Rupee ended with gain of 36 paisas against dollar on Friday owing to improved inflows of remittances and export receipts.
The rupee ended Rs156.86 to the dollar from previous day’s closing of Rs157.22 in interbank foreign exchange market.
The currency experts said that the rupee value was improved on inflows of remittances and export receipts.
The foreign currency market was initiated in the range between Rs157.20 and Rs157.30. The market recorded day high of Rs157.20 and low of Rs156.75 in interbank foreign exchange market.
The exchange rate in open market also witnessed 50 paisas appreciation in value of the local currency.
The buying and selling of dollar was recorded at Rs156.50/Rs157.00 from previous day’s closing of Rs157.00/Rs157.50 in cash ready market.