Rupee remains stable

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KARACHI: The rupee maintained stability against dollar during the week as it ended unchanged on Friday in dull trading activities.

The rupee ended Rs124.25 to the dollar, same previous day’s closing level, in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs124.24 and Rs124.25. The market recorded day high of Rs124.25 and low of Rs121.2450 and closed at Rs124.25.
In open market the rupee gained slightly as buying and selling of dollar recorded at Rs125.00/Rs125.50 as compared with last day’s closing of Rs125.30/Rs125.70.

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