Rupee ends unchanged for ninth consecutive trading day

Rupee ends unchanged for ninth consecutive trading day

KARACHI: The Pak Rupee ended without change against dollar for the ninth consecutive day on Thursday.

The rupee ended Rs141.40 to the dollar, the same last day’s closing, in interbank foreign exchange market.

The interbank foreign exchange market was initiated in the range of Rs141.39 and Rs141.40.

The market recorded a high of Rs141.40 and low of Rs141.40 and closed at Rs141.40.

Currency experts said that traders were cautious ahead of IMF meeting with Pakistan authorities scheduled for this week.

The exchange rate in open market ended with losses of the local currency.

The buying and selling of dollar was recorded at Rs141.70/Rs142.20 as compared with previous day’s closing of Rs141.50/Rs142.00 in cash ready market.