KARACHI: The Pak Rupee ended down by 29 paisas against the dollar on Tuesday owing to demand of the foreign currency for import and corporate payments.
The rupee ended Rs152.89 to the dollar from previous day’s closing of Rs152.60 in the interbank foreign exchange market.
Currency experts said that the demand for the dollar was seen from importers and corporate buyers after the Eid holidays.
The experts however said that the local unit might recover the losses in coming days due to significant rise in workers’ remittances and export receipts.
