Rupee makes gain against dollar on inflows

Rupee makes gain against dollar on inflows

KARACHI: The Pak Rupee gained against dollar on Friday owing to improved inflows of export receipts and workers’ remittances.

The rupee ended Rs155.24 to the dollar from previous day’s closing of Rs155.33 in interbank foreign exchange market.

Currency dealers said that the rupee made early day gain and maintained the values in the remaining sessions.

The foreign currency market was initiated in the range of Rs155.25 and Rs155.30. The market recorded day high of Rs155.27 and low of Rs155.23 and closed at Rs155.24.

The exchange rate in open market witnessed unchanged value of the rupee. The buying and selling of the dollar recorded at Rs155.40/Rs155.70, the same previous day’s closing, in cash ready market.

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