Rupee gains 22 paisas on inflows

Rupee gains 22 paisas on inflows

KARACHI: The Pak Rupee on Thursday gained 22 paisas against the dollar owing to substantial inflows witnessed during the day.

The rupee ended Rs156.74 to the dollar from previous day’s closing of Rs156.96 in the interbank foreign exchange market.

Currency experts said that the market witnessed inflows of workers’ remittances and export receipts, which helped the rupee to make gain.

They said that the dollar demand for import and corporate payments was remained high during the day.