Dollar closes flat against the PKR

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KARACHI: The dollar closed even in value against the domestic unit in interbank trade and closed firm on the open market, currency dealers said.

Insignificant demand from importers, meagre imports payments and dull demand from the corporate sector kept the dollar flat during trading as it closed at Rs 104.40 for buying and at Rs 104.60 for selling.

The dollar changed hands at a low of Rs 104.19. The dollar rate differential between the kerb rate and interbank markets remained at Rs 1.93 on average.

The euro gained 30 paisas in the interbank market to close at Rs 110.80 for buying and at Rs 111 for selling. The pound sterling remained down and closed at Rs 130.09 and Rs 130.29 for buying and selling respectively after shedding 09 paisas.

Kerb Market: The dollar remained firm against the rupee in the open market after closure flat in interbank, foreign exchange dealers said. The US dollar closed at Rs 107.25 for buying and Rs 107.45 for selling. It gained 10 paisas in the open market against the rupee.