{
  "id": 19801035,
  "title": "Rupee records gain against US dollar",
  "url": "https://urgent.news/2026/11/13/rupee-records-gain-against-us-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T11:28:16.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448764/intra-day-update-rupee-records-gain-against-us-dollar"
  },
  "original_language": "en",
  "account": "The Pakistani rupee experienced a slight improvement against the US dollar on Friday, closing at 276.60 per dollar, marking an increase of Re0.01. Internationally, the US dollar reached near a 19-month high following strong gains driven by expectations of a larger Federal Reserve rate hike. This shift put pressure on the Japanese yen, which fell back near the critical 160 mark, prompting traders to consider potential government intervention. The euro faced a minor decline, settling at $1.1049, hovering near its lowest point against the dollar since April 2025. Throughout the week, the euro dropped by 0.8%, on track for its most significant weekly loss since late September. Federal Reserve officials voiced concerns about persistent US inflation, with some suggesting a possibility of a 50-basis-point rate hike if inflation remains high. Market sentiment now reflects a 14.5% probability of a substantial rate increase next month, up from zero the previous week. The yen's volatility added to concerns about intervention, as Japan's Finance Minister Satsuki Katayama announced the government's readiness to address currency fluctuations. The dollar index, which gauges the greenback's strength against a basket of currencies, dipped slightly by 0.05% to 103.17, maintaining its highest level since April 2025. Oil prices, while modestly down, signaled potential for another weekly decline as the easing of US sanctions on Iran reduced fears of conflict in the Middle East, although shipping attacks still posed a risk. Brent and West Texas Intermediate futures both experienced slight declines, with Brent futures falling 28 cents to $95.54 and WTI futures dropping 56 cents to $88.18 per barrel.",
  "summary": "The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Friday. The local unit closed the day at 276.60, a gain of Re0.01 against the greenback. On Thursday , the rupee had closed at 276.61 against the dollar. Internationally, the US dollar held near a 19-month high on Friday after a strong week of gains on rising bets of a larger Federal Reserve rate…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}