Rupee gains 26 paisas on inflows

Rupee gains 26 paisas on inflows

KARACHI: The Pak Rupee gained 26 paisas against dollar on Thursday owing to better inflows and surplus current account balance.

The rupee ended Rs165.96 to the dollar from previous day’s closing of Rs166.22 in interbank foreign exchange market.

Currency experts said that sentiments in the market were remained positive due to surplus in current account balance for the first two months of the current fiscal year.

The further said that the inflows of export receipts and workers’ remittances also helped the rupee to recover losses against the dollar.

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