Rupee gains 15 paisas in midday trading on inflows of $2 billion

KARACHI: The Pak Rupee gained 15 paisas against dollar in interbank bank market during midday trading on Friday.

 

 

 

Dealers said that the inflows from Saudi Arabia and UAE helped the local currency to gain against the greenback.

The dollar is being traded at Rs138.74 in interbank foreign exchange market.

The exchange rate in the interbank foreign exchange market ended at Rs138.89 to the dollar by last day closing.

The State Bank of Pakistan (SBP) on Friday confirmed that it had received dollars one billion from Saudi Arabia and another one billion dollars from UAE for forex reserves buildup.

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