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Pak Rupee makes four paisas gain against USD

Pak Rupee makes four paisas gain against USD

KARACHI: The Pak Rupee made four paisas gain against the dollar on Friday amid demand for import and corporate payments.

The rupee ended Rs160.13 to the dollar from previous day’s closing of Rs160.17 in the interbank foreign exchange market.

Currency dealers said that the demand for the foreign currency was higher due to last trading day of the current week.

They said that however supply of the greenback was sufficient to help the rupee to make gain.

The currency dealers were optimistic that the local currency would make gain in coming days owing to encouraging economic indicators.