Business News

Pakistan Rupee

Rupee gains 11 paisas against dollar

KARACHI: The Pak Rupee gained 11 paisas against the dollar on Wednesday owing to inflows of workers’ remittances and export receipts.

The rupee ended Rs160.50 to the dollar from previous day’s closing of Rs160.61 in the interbank foreign exchange market.

Currency dealers said that the market had witnessed supply of the foreign currency that helped the rupee to make gain.

The dealers said that on the improvement in inflows of the workers’ remittances and export receipts the rupee would make further gains in coming days.