Pakistani Rupee further gains strength against US dollar
The greenback shed its value by Re0.35 in the interbank and was traded against Rs148.15. Similarly, the dollar shed its value by Re1 in the open market to be traded at Rs148.50.
According to currency dealers, the increasing inflows of remittances in connection with Eidul Fitr have supported the local rupee in the market.
They said the majority of inflows came from Saudi Arabia and other Gulf countries, including the United Arab Emirates (UAE).