Rupee appreciates by 12 paisas

Rupee appreciates by 12 paisas

KARACHI: The Pak Rupee gained 12 paisas against the dollar on Tuesday owing to inflows of workers’ remittances and export receipts.

The rupee ended Rs153.24 to the dollar from previous day’s closing of Rs153.36 in the interbank foreign exchange market.

Currency experts said that the rupee was appreciated due to inflows of Eid related remittances.

They said that overseas Pakistanis usually send money to their relatives for Eid celebrations.

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