Rupee advances five paisas against dollar

Rupee advances five paisas against dollar

KARACHI: The Pak Rupee further advanced by five paisas against dollar on Friday amid calm demand from importers and corporate.

The rupee ended Rs155.29 to the dollar from previous day’s closing of Rs155.34 in interbank foreign exchange market.

Currency experts said that the inflows of export receipts and remittances helped the rupee to make gain.

The foreign currency market was initiated in the range of Rs155.31 and Rs155.33. The market recorded day high of Rs155.31 and low of Rs155.29 and closed at Rs155.29.

The exchange rate in open market witnessed slight change in rupee value. The buying and selling of dollar was recorded at Rs155.20/Rs155.50 from previous day’s closing of Rs155.20/Rs155.40 in cash ready market.