Rupee gains 46 paisas in interbank market

KARACHI: The Pak Rupee made another gain of 46 paisas against dollar on Wednesday on improved inflows of remittances sent home by overseas Pakistanis.

The rupee closed at Rs159.60 to the dollar from last day’s closing of Rs160.06 in interbank foreign exchange market.

The foreign exchange market was initiated in the range of Rs159.75 and Rs159.90. The market recorded day high of Rs159.80 and low of Rs159.60 and closed at Rs159.60.

The exchange rate in open market was remained unchanged as the buying and selling of dollar was recorded at Rs159.00/Rs160.00, the same last day’s closing, in cash ready market.

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