Rupee ends flat in lackluster trading

Rupee ends flat in lackluster trading

KARACHI: The Pak Rupee ended flat against dollar on Tuesday in lackluster trading activities, dealers said.

The rupee ended Rs154.90 to the dollar from previous day’s closing of Rs154.91 in interbank foreign exchange market.

The currency dealers said that importers and corporate buyers were cautious in purchasing dollars.

They said that reduction in current account deficit on back of falling imports had improved the sentiments in the currency market.

The exchange rate in open market witnessed appreciation in rupee value. The buying and selling of the dollar was recorded at Rs154.60/Rs154.90 from previous day’s closing of Rs154.70/Rs155.00 in cash ready market.

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