Rupee ends down by five paisas in dull trading

Rupee ends down by five paisas in dull trading

KARACHI: The Pak Rupee ended down by five paisas against dollar on Tuesday in dull trading activities in foreign currency market.

The rupee ended Rs156.46 to the dollar from previous day’s closing of Rs156.41 in interbank foreign exchange market.

Currency dealers said that the market activities were remained dull as the exchange rate was remained in the band of eight paisas.

The foreign currency market was initiated in the range of Rs156.40 and Rs156.50. The market recorded day high of Rs156.48 and low of Rs156.40 and closed at Rs156.46.

The exchange rate in open market witnessed appreciation in rupee value. The buying and selling of dollar recorded at Rs156.10/Rs156.60 from previous day’s closing of Rs156.40/Rs156.80 in cash ready market.