Rupee appreciates by 21 against dollar

Rupee appreciates by 21 against dollar

KARACHI: The Pak Rupee appreciated by 21 paisas against the dollar on Tuesday as positive sentiments prevailed after inflows of export receipts.

The rupee ended Rs159.35 to the dollar from previous day’s close of Rs159.56 in the interbank foreign exchange market.

Currency experts said that better exports had supported the local currency.

Pakistan’s exports have crossed over $2 billion for the fourth consecutive months in January 2021 for the first time in last eight years, a official statement said.