Dollar comes down against PKR in early trade

Dollar comes down against PKR in early trade

KARACHI: The Pak Rupee (PKR) has made a sharp recovery of Rs1.07 against the dollar in early trade on Thursday.

The dollar is being traded at Rs168.05 to the dollar from last day’s historic close of Rs169.12 in the interbank foreign exchange market.

Market sources said that the central bank had intervened earlier in the day to support the rupee.

They said that the demand for dollar remained high for import and corporate payments. The import payments have increased due to higher prices of commodities in the international market.

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