KARACHI: The Pak Rupee gained 20 paisas against the dollar on Wednesday owing to inflows of workers’ remittances and export receipts.
The rupee ended Rs153.04 to the dollar from previous day’s closing of Rs153.24 in the interbank foreign exchange market.
Currency dealers said that the rupee was appreciated due to inflows of Eid related remittances. They said that overseas Pakistanis usually send money to their relatives for Eid celebrations.
They further said that the positive sentiments were prevailed as exports receipts were over $2 billion for the last 10 consecutive month in April 2021.