Rupee ends with two paisas gain

KARACHI: The Pak Rupee gained two paisas against dollar on Tuesday amid higher demand for import and corporate payments.

The rupee ended Rs140.27 to the dollar from previous day’s closing of Rs140.29 in interbank foreign exchange market.

The interbank foreign exchange market was initiated in the range of Rs140.25 and Rs140.30.

The market recorded day high of Rs140.30 and low of Rs140.26 and closed at Rs140.27.

The exchange rate in open market however ended with appreciation of local currency against the dollar.

The buying and selling of dollar was recorded at Rs140.50/Rs141.00 from previous day’s closing of Rs140.80/Rs141.30 in cash ready market.

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