KARACHI: The greenback closed flat in value versus rupee on dull demand from corporate sector in interbank and in open market. The policy of commercial banks to release greenback demand to demand and keeping an eye on inflow and outflow of dollar has supported domestic unit to close firm. The dollar closed at Rs 115.50 for buying and Rs 115.70 for selling with no change against the rupee. The dollar traded at a low of Rs 115.49. The dollar rate differential between kerb and interbank markets remained Rs 1,53 on day’s average. Demand from importers and corporate sector was dull that kept dollar away from surge while meager payment on imports from national exchequer stayed rupee steady. Commercial banks helped rupee to stand firm versus dollar. The euro remained firm in interbank market to close at Rs 137.64 for buying and Rs 137.84 for selling with 54 paisas rise. The pound sterling remained flat and closed at Rs 156.62 and Rs 156.82 for buying and selling respectively. Kerb Market: The dollar remained dull in value in the open market following flat demand from corporate and private sector in interbank. The dollar closed at Rs 117.50 for buying and Rs 117.70 for selling in open market against rupee. The pound sterling closed at Rs 158.50 for buying and Rs 158.70 for selling after 50 paisas decline against rupee, while euro remained dull by 15 paisas and closed at Rs 138.85 for buying and closed at Rs 139.05 for selling. Published in Daily Times, May 12th 2018.