Pakistan Rupee

Rupee makes gain 85 paisas against dollar

Money & Banking

KARACHI: The Pak Rupee made a gain of 85 paisas against the dollar on Thursday owing to sufficient supply of export receipts and workers’ remittances.

The rupee ended at Rs157.68 to the dollar from the previous day’s closing of Rs158.53 in the interbank foreign exchange market.

Currency experts said that the market had sufficient supply of the foreign currency that helped the rupee to make gain.

The rupee witnessed a continuous decline against the dollar during this week owing to demand for import and corporate payments.

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