KARACHI: The Pak Rupee fell by 12 paisas against dollar on Friday owing to enhanced demand for import and corporate payments on the last trading day of the week
The rupee ended at Rs163.84 to the dollar from previous day’s closing of Rs163.72 in interbank foreign exchange market.
Currency experts said that the rupee was under pressure on the last trading day of the week as importers and corporate buyers were demanding for the dollar for advance payments.
The experts said that the local currency main maintain levels in the coming week due to substantial inflows of export receipts and workers’ remittances.
