Rupee recovers another 25 paisas against dollar

KARACHI: The Pak Rupee gained another 25 paisas against dollar for second day on Friday after witnessing massive deterioration during past nine days.

The rupee ended Rs151.20 to the dollar from previous day’s closing of Rs151.45 in interbank foreign exchange market.

The foreign exchange market was initiated in the range of Rs151.30 and Rs151.50.

The market recorded day high o f Rs151.85 and low of Rs151.20 and closed at Rs151.20.

The rupee fell to record low of Rs152 during the current week from the level of Rs141.40 to the dollar on May 15, 2019.

The exchange rate in open market witnessed gain in rupee value.

The buying and selling of dollar was recorded at Rs151.00/Rs152.00 from previous day’s closing of Rs152.00/Rs153.25 in cash ready market.

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