Rupee makes significant gain against dollar

Rupee makes significant gain against dollar

KARACHI: The rupee made gain of Rs1.40 paisas against dollar on Monday in interbank foreign exchange market.

The rupee ended Rs149.80 to the dollar as compared with last Friday’s closing of Rs151.20 in interbank foreign exchange market.

The interbank foreign exchange market on Monday initiated in the range between Rs 150.60 and 150.90.

The market recorded day high of Rs 151.00 and low of Rs 149.25 and closed at Rs 149.80.

The exchange rate in open market also witnessed appreciation in rupee value.

The buying and selling of dollar was recorded at Rs151.20/Rs151.70 from last Friday’s closing of Rs151.80/Rs152.50 in the cash ready market.