Rupee gains four paisas against dollar on inflows

KARACHI: The Pak Rupee gained four paisas against dollar on Monday owing to sufficient inflows.

The rupee ended Rs155.35 to the dollar from last Friday’s closing of Rs155.39 in interbank foreign exchange market.

Currency experts said that the inflows of export receipts and remittances helped the rupee to gain values.

The foreign currency market was initiated in the range of Rs155.38 and Rs155.42. The market recorded day high of Rs155.40 and low of Rs155.35 and closed at Rs155.35.

The exchange rate in open market the rupee witnessed slight gain. The buying and selling of dollar was recorded at Rs155.20/Rs155.40 from previous level of last Friday’s of Rs155.20/Rs155.50.

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