Rupee gains 50 paisas in interbank

Rupee gains 50 paisas in interbank

KARACHI: The Pak Rupee gained 50 paisas against dollar on Wednesday on positive development on economic front.

The rupee ended Rs149.75 to the dollar as compared with last day’s closing of Rs150.25 in interbank foreign exchange market.

The interbank outright foreign exchange market was initiated in the range of Rs149.50 and Rs150.00.

The market recorded a high of Rs150.25 and low of Rs149.50 and closed at Rs149.75.

The exchange rate witnessed no change in the rupee value against dollar.

The buying and selling of dollar was recorded at Rs149.00/Rs150.00 in cash ready market.