KARACHI: The Pak Rupee gained 19 paisas against the dollar on Thursday owing to supply of the foreign currency in the market.
The rupee ended Rs160.29 to the dollar from previous day’s closing of Rs160.48 in the interbank foreign exchange market.
Currency dealers said that the market witnessed demand for import and corporate payments. However, the supply of the dollar in the shape of export receipts and workers remittances.
They said that the pace of inflows likely help the local currency to further gain value against the dollar.
