Rupee gains in early trading

KARACHI: The Pak Rupee gained three paisas against dollar in interbank bank market during early trading on Monday.

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 Rs138.75 in interbank foreign exchange market.

The exchange rate in the interbank foreign exchange market ended at Rs138.77 to the dollar by last day closing.

The State Bank of Pakistan (SBP) last 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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