Rupee eases in range bound trading

KARACHI: The Pak Rupee ended down by one paisa against dollar on Wednesday in range bound trading activities.

The rupee ended Rs155.37 to the dollar from previous day’s closing of Rs155.36 in interbank foreign exchange market.

Currency dealers said that the market was remained calm as neither major demand seen from importers nor inflows of export receipts.

The foreign currency market was opened in the range of Rs155.35 and Rs155.40. The market recorded day high of Rs155.37 and low of Rs155.35 and closed at Rs155.37.

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

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