Rupee falls nine paisas in early day trading

Rupee falls nine paisas in early day trading

KARACHI: The Pak Rupee fell by nine paisas against dollar in early trade on Monday owing to higher demand for import and corporate payments.

The dollar is being traded at Rs154.99 in interbank foreign exchange market. The exchange rate in foreign exchange market was ended at Rs154.90 to the dollar.

Currency experts said that the due to first trading day after two weekly holidays the demands were seen early in the day.

They said that the buyers were cautious due to the rising conflict between US and Iran in the Middle East.

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