KARACHI: The rupee ended almost flat at 90.85/89 to the dollar, compared to Wednesday's close of 90.80/85.
The rupee has been supported by remittances, which rose 20.23 percent to $10.877 billion in the first 10 months of the
2011/12 fiscal year, compared with $9.046 billion in the same
period last year.
In April, remittances totaled $1.141 billion.
Overnight rates in the money market ended at 11.90 percent, up from Wednesday's close of 9.10 percent because of decreased liquidity in the market. (Reuters)