KARACHI: The Pak Rupee appreciated by 33 paisas against the dollar on Thursday owing to improved inflows of workers’ remittances and export receipts.
The rupee ended Rs158.93 to the dollar from the previous day’s closing of Rs159.26 in the interbank foreign exchange market.
Currency experts said that the inflows of the foreign currency into Roshan Digital Accounts, workers remittances and export receipts helped the rupee to make gains against the greenback.
The inflows in Roshan Digital Account increased to $500 million.
The experts hoped that the local currency would gain more value in coming days owing to positive sentiments prevailing over inflows from IMF and workers remittances.
