Rupee ends down by two paisas against dollar

Rupee ends down by two paisas against dollar

KARACHI: The Pak Rupee eased by two paisas against dollar on Friday in range bound trading activities, dealers said.

The rupee closed at Rs154.23 to the dollar from previous day’s closing of Rs154.21 in interbank foreign exchange market.

The currency dealers said that the market was remained dull during the day owing to lackluster demand from importers and corporate buyers.

However, slight demand was seen due to the last week day, they added.

The foreign currency market was initiated in the range of Rs154.21 and Rs154.24. The market recorded day high of Rs154.24 and low of Rs154.19 and closed at Rs154.23.

The exchange rate in open market witnessed depreciation in rupee value. The buying and selling of the dollar was recorded at Rs154.10/Rs154.40 from previous day’s closing of Rs154.00/Rs154.30 in interbank foreign exchange market.

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