KARACHI: In the currency market on Wednesday, the Pakistani rupee ended almost flat at 90.80/85 to the dollar, compared to Tuesday’s close of 90.82/88.
The rupee has been supported by remittances, which rose 21.45 per cent to $9.73 billion in the first nine months of the 2011/12 fiscal year, compared with $8.02 billion in the same period last year.
In March, remittances totalled $1.14 billion.
Overnight rates in the money market ended lower at 9.10 per cent, down from Tuesday’s close of
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