Rupee ends flat in range bound activity

Rupee ends flat in range bound activity

KARACHI: The Pak Rupee ended flat against dollar on Wednesday in range bound trading activity.

The rupee ended Rs155.89 to the dollar from previous day’s closing of Rs155.88 in interbank foreign exchange market.

The foreign currency market was initiated in the range of Rs155.88 and Rs155.90. The market recorded day high of Rs155.93 and low of Rs155.89 and closed at Rs155.89.

Currency experts said that flat demand for import and corporate payments helped the rupee to maintain the levels.

The exchange rate in open market witnessed stable rupee value. The buying and selling of dollar was recorded at Rs155.50/Rs156.00, the same previous day’s level, in cash ready market.

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