Rupee makes steady gain for four consecutive trading days

Rupee makes steady gain for four consecutive trading days

KARACHI: The Pak Rupee has maintained steady gain against the dollar for the last four trading days on Thursday owing to improved inflows of workers’ remittances and export receipts.

The rupee appreciated by 30 paisas against the dollar to close at Rs158.46 on Thursday from previous day’s closing of Rs158.76 in the interbank foreign exchange market.

The exchange rate was at Rs159.10 on February 19, 2021. However, since then the local currency recovered 64 paisas against the greenback in the interbank foreign exchange market.

Currency experts said that the rupee may make more gains in coming days owing to improved inflows of workers’ remittances and export receipts.

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