Rupee appreciates 24 paisas against dollar. KARACHI: The Pak Rupee (PKR) gained 24 paisas against the dollar on Thursday. The local currency improved due to sufficient inflows of export receipts and workers remittances.
The rupee ended at Rs163.23 to the dollar from the previous day’s closing of Rs163.47 in the interbank foreign exchange market.
Currency experts said that the market witnessed sufficient supply of the foreign currency during the day. The supply of the greenback helped the rupee to make gain.
They said that the rupee likely to make further gain in coming days due to expected inflows of $2.8 billion from the IMF by month end.
