KARACHI: The Pak Rupee ended with significant gain against dollar on Thursday after witnessing decline for three consecutive days.
The rupee ended with gain of 19 paisas to Rs154.89 to the dollar from previous day’s closing of Rs155.08 in interbank foreign exchange market.
Currency dealers said that the ease in US-Iran conflict and inflows of export receipts and foreign remittances helped the rupee to gain against the greenback.
The foreign currency market was initiated in the range of Rs154.85 and Rs154.90. The market recorded day high of Rs154.92 and low of Rs154.88 and closed at Rs154.89.
The exchange rate in open market also witnessed appreciation in rupee value. The buying and selling of dollar was recorded at Rs155.30/Rs155.70 from previous day’s closing of Rs155.40/Rs155.80 in cash ready market.
