Rupee makes four paisas gain against dollar

Rupee makes four paisas gain against dollar

KARACHI: The Pak Rupee gained four paisas against the dollar on Tuesday owing to sufficient supply of the foreign currency to meet payment demand.

The rupee ended Rs157.04 to the dollar from previous day’s closing of Rs157.08 in the interbank foreign exchange market.

Currency dealers said that the market witnessed supply of the dollar during the day which was sufficient to meet payment for import and corporate demand.

They said that the market was remained optimistic and hopes of inflows in shape of workers’ remittances and export receipts the rupee likely to make more gain in coming days.

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