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Pakistan Rupee

Dollar weakens to Rs153.02

KARACHI: The US dollar weakened to Pak Rupee at Rs153.02 on Thursday owing to lower demand for import payments, dealers said.

The rupee ended Rs153.02 to the dollar from previous day’s closing of Rs153.18 in the interbank foreign exchange market.

The dealers said that due to rising case of coronavirus the importers were cautious in placing orders to their foreign suppliers.

Currency experts said that inflows of foreign remittances and export receipts had helped the local units to make gain against the greenback.