KARACHI: The Pak Rupee ended remained unchanged for third consecutive day against the dollar on Wednesday owing to lackluster trading activities.
The rupee ended Rs154.57 to the dollar, same previous day’s level, in interbank foreign exchange market.
Currency dealers said that the rupee had maintained the levels as importers and corporate buyers were cautious. They said that due to coronavirus outbreak in China the international oil prices had fallen.
Besides, the health alerts issued by the government authorities due to coronavirus also prevented fresh orders to import Chinese goods.
The foreign currency market was initiated in the range of Rs154.55 and Rs154.60. The market recorded day high of Rs154.59 and low of Rs154.55 and closed at Rs154.57.
The exchange rate in open market was also remained unchanged. The buying and selling of the dollar was traded at Rs154.50/Rs154.80, the same previous day’s level, in cash ready market.
