KARACHI: The Pak Rupee ended firmer against the dollar on Wednesday amid higher demand for import and corporate payments.
The rupee ended Rs160.48 to the dollar from previous day’s closing of Rs160.47 in the interbank foreign exchange market.
Currency dealers said that the demand for import and corporate payments were higher during the day. They said rising demand of the foreign currency from corporate side normally seen on the higher side in the month of December due to closing of the quarter.
They said that the market also witnessed supply of the dollar in the shape of export receipts and workers remittances.
