Rupee gains four paisas as positive sentiments

Rupee gains four paisas as positive sentiments

KARACHI: The Pak Rupee gained four paisas against the dollar on Monday owing to positive sentiments prevailed in the foreign exchange market.

The rupee ended Rs157.08 to the dollar from previous day’s closing of Rs157.12 in the interbank foreign exchange market.

Currency dealers said that foreign inflows of workers’ remittances and export receipts helped the rupee to make gain despite demand for import and corporate payments.

The dealers said that the optimism prevailed on economic growth after confidence vote win by the prime minister in the parliament.