Weekly Currency update: Pakistani rupee may trade range-bound after Eid By Dealers expect the Pakistani rupee to trade range-bound ahead of Eid-ul-Fitr. Traders note the value of the currency depends on the level of demand for the dollars from importers and inflows’ position. The advent of Ramadan and Eid increased the inflows of remittances from overseas Pakistanis, helping bolster the domestic currency. KARACHI: Dealers expect the Pakistani rupee to trade range-bound ahead of Eid-ul-Fitr although the currency posted moderate gains against the dollar during the outgoing week, Traders noted that the value of the currency depends on the level of demand for the dollars from importers and the position of the inflows’.