Rupee ends flat against dollar

Rupee ends flat against dollar

KARACHI: The Pak Rupee eased by one paisa against the dollar on Tuesday as sufficient supply of the foreign currency was available during the day.

The rupee ended at Rs160.39 to the dollar from last day’s closing of Rs160.38 in the interbank foreign exchange market.

Currency dealers said that although demand for the foreign currency remained higher due to year ending. They said the supply of the greenback was sufficient to meet the demand.

They said that due to year ending the demand for import and corporate payments was higher. They however said that the rupee may remain stable in the coming days.