Rupee gains 27 paisas in early trade

Rupee gains 27 paisas in early trade

KARACHI: The Pak Rupee made significant gain of 27 paisas against dollar in early day trading owing to inflows of remittances and export receipts.

The dollar is being traded at Rs156.95 to the dollar in interbank foreign exchange market in early trading.

The exchange rate ended at Rs157.22 to the dollar in interbank foreign exchange market on Thursday.

Currency experts said that the improved inflows of worker remittances and export receipts helped the local currency to make gains against the greenback. They said that encouraging economic figures in the month of July and following in August helped to improve sentiments of businesses.