Rupee gains 48 paisas against dollar

Rupee gains 48 paisas against dollar

KARACHI: The Pak Rupee appreciated by 48 paisas against the dollar on Tuesday owing to inflows of export receipts and workers remittances.

The rupee ended at Rs157.74 to the dollar as compared with the previous day’s closing of Rs158.22 in the interbank foreign exchange market.

A day earlier the rupee fell by 60 paisas against the foreign currency as the market opened after two weekly holidays. However, it recovered today on inflows of export receipts and workers remittances.

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