Rupee makes another gain of 82 paisas against dollar

KARACHI: The Pak Rupee gained another 82 paisas against dollar on Wednesday owing to ease in demand for import payment and improved economic indicators.

The rupee ended Rs159.27 to the dollar from previous day’s closing of Rs160.09 in interbank foreign exchange market.

Currency dealers said that due to second phase of covid pandemic globally and subsequent lockdowns discouraged importers to place new orders.

Further the improved foreign exchange reserves and current account surplus also supported the rupee to make gain.

The local currency recovered Rs1.72 against dollar during past three trading days.

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