KARACHI: The Pak Rupee gained six paisas against the dollar on Monday owing to better inflows of the foreign exchange, dealers said.
The rupee ended at Rs158.04 to the dollar from last Friday’s closing of Rs158.10 in the interbank foreign exchange market.
It was the sixth straight trading day when the rupee maintained its recovery against the greenback. The exchange rate was at Rs159.10 on February 19, 2021. However, since then the local currency recovered Re1.06 against the greenback in the interbank foreign exchange market.
Currency experts said that the rupee may make more gains in coming days owing to improved inflows of workers’ remittances and export receipts.
