Dollar gains 33 paisas on foreign payment demand

Dollar gains 33 paisas on foreign payment demand

KARACHI: The US dollar on Friday strengthened by 33 paisas against the Pak Rupee on higher demand for foreign payments.

The rupee ended at Rs157.87 to the dollar from the previous day’s closing of Rs157.54 in the interbank foreign exchange market.

Experts said that demand for the foreign currency remained higher during the day because the market opened after the bank holiday. The foreign exchange market remained closed on July 01, 2021 on account of bank holiday.

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