Rupee strengthens by 15 paisas on inflows

Rupee strengthens by 15 paisas on inflows

KARACHI: The Pak Rupee gained another 15 paisas against dollar on Thursday owing to inflows of export and workers remittances.

The rupee ended Rs167.93 to the dollar from previous day’s closing of Rs168.08 in interbank foreign exchange market.

Currency analysts said that the rupee gained value for the third consecutive day. They said that the inflows of export receipts and workers remittances helped the rupee to gain value.

They further said that lower demand for import payment also helped the local unit.