KARACHI: The Pak Rupee gained nine paisas against the dollar on Monday owing to improved inflows of export receipts.
The rupee ended Rs153.36 to the dollar from last Friday’s closing of Rs153.45 in the interbank foreign exchange market.
Currency experts said that the inflows of export receipts helped the rupee to make gain on the first day of the week.
The exports have maintained over $2 billion in April 2021. Exports for July-April 2021 grew by 13 percent to $20.879 billion as compared to $18.408 billion during the same period last year.
The experts said that the inflows of exports, remittances and other foreign receipts would help the rupee to maintain levels in coming days.