Rupee ends unchanged in range bound trading

Rupee ends unchanged in range bound trading

KARACHI: The Pak Rupee ended unchanged on Wednesday in range bound trading activities, currency dealers said.

The rupee ended at Rs154.98 to the dollar, same previous day’s closing, in interbank foreign exchange market.

The dealers said that the dollar demand for import and corporate payments was remained lackluster. The market was trade in six paisas band.

The foreign currency market was initiated in the range of Rs154.95 and Rs154.98. The market witnessed day high of Rs155.01 and low of Rs154.94 and closed at Rs154.98.

The exchange rate in open market witnessed appreciation in rupee value.

The buying and selling of dollar was recorded at Rs154.40/Rs154.70 from previous day’s closing of Rs154.50/Rs154.80 in cash ready market.

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