KARACHI: The Pak Rupee (PKR) made a recovery of seven paisas against the dollar on Friday. The interbank foreign exchange marke ended at Rs166.91 to the dollar from the previous day’s closing of Rs166.98.
The dollar made a sharp gain early in the day and reached Rs167.20. However, the supply of the greenback during the day helped the rupee to make gains.
The market witnessed the supply of the dollars in the shape of workers’ remittances and export receipts.
Currency experts said that the dollar demand remained high during the day because of the last trading day of the week. However, the supply of the dollar supported the rupee.
