Rupee gains against the dollar in outgoing week.

 
FREE EXCERPT

KARACHI -- The Pakistani rupee made slight gains in the outgoing week due to steady import payments, improving economic indicators and positive sentiment. The Rupee rose 10 paisas against the dollar in the interbank market. On Monday, the currency closed at 155 against the greenback, compared to last closing of 154.96. The rupee was rangebound, trading in the band of 154.90 and 154.94 in the remaining four sessions. In the open market, the local currency lost 30 paisas to close at 155 to the dollar in the outgoing week. Currency dealers said the rupee is likely to stay...

To continue reading

REQUEST YOUR TRIAL