Dollar eases to Rs159.97

Dollar eases to Rs159.97

KARACHI: The Pak Rupee gained 14 paisas against dollar on Tuesday amid inflows of workers’ remittances and export receipts, dealers said.

The rupee ended at Rs159.97 to the dollar from last day’s closing of Rs160.11 in interbank foreign exchange market.

Currency experts said that improved receipts of exports and workers’ remittances helped the rupee to make gain.

They said that the second wave of coronavirus also reduced dollar demand for import payments.

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