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Rupee records gain against US dollar

The Pakistani rupee extended its marginal gains, appreciating 0.01%, against the US dollar on Monday. The local unit closed the day at 277.62, a gain of Re0.03 against the greenback. On Thursday , the Pakistani rupee settled at 277.65 against the dollar. Meanwhile, the US dollar index , which measures the greenback’s strength against a basket of six currencies, was 0.1% lower, trading near its…

Rupee records gain against US dollar

The Pakistani rupee recorded a marginal gain against the US dollar on Monday, closing at 277.62, a rise of Re0.03. This follows a dip in the US dollar index, which has been trading near its lowest levels of the month at 99.519. Meanwhile, the euro and British pound showed minimal movement, while commodity prices saw fluctuations, with Brent crude futures rising while West Texas Intermediate crude futures fell.

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