Rupee firm

The rupee remained unchanged at 104.86 against the dollar on Thursday owing to few demands for import payments in interbank foreign exchange marke

The dealers said that lower demand for import payments had helped the rupee to maintain levels. However, they said that the market was hoping some gains in rupee value in coming days owing to improved exports during March 2017.

The interbank foreign exchange market opened at 104.85 and 104.86. The market recorded day high of 104.86 and low of 104.85. Currency experts said that the future value of the local currency depended upon balance of payment and external inflows. The buying and selling of dollar in open market recorded at 106.00/106.20.