{
  "id": 8013583,
  "title": "Rupee registers gain against US dollar",
  "url": "https://urgent.news/2026/09/17/rupee-registers-gain-against-us-dollar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T11:12:20.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439968/intra-day-update-rupee-records-gain-against-us-dollar"
  },
  "original_language": "en",
  "account": "The Pakistani rupee experienced a slight increase against the US dollar on Thursday, closing at 277.26. This represents a gain of just Re0.01 compared to the previous day's settlement of 277.27. Internationally, the US dollar reached a seven-week high following the Federal Reserve's decision to raise interest rates and hint at further hikes in the months to come. Meanwhile, investors awaited announcements from the Bank of England and the Bank of Japan. The Federal Reserve's chief, Kevin Warsh, was one of the unanimous members who approved the rate hike, signaling a hawkish stance and projecting another increase in 2026. The stronger dollar pushed the euro to $1.1456, near a seven-week low, while the British pound remained steady at $1.3377 ahead of the Bank of England's meeting. The yen hovered near a two-week low at 156.20 per US dollar, as markets awaited the Bank of Japan's decision on Friday. The dollar index, which gauges the greenback against various currencies, traded near its strongest level since July 31 at 100.33. In anticipation of potential further Fed rate hikes, rate futures markets now indicate a 90% chance of a quarter-percentage-point hike by the end of the year. Oil prices, a crucial factor in currency valuation, declined in Asian trade on Thursday due to reports of Saudi Arabia supplying additional crude via Oman, lessening concerns over supply disruptions. However, oil prices stayed above $100 due to fears of the Middle East conflict intensifying. Brent crude futures decreased by 19 cents, or 0.2%, to $105.64 a barrel, while US West Texas Intermediate futures fell by 33 cents, or 0.3%, to $102.10.",
  "summary": "The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Thursday. The local unit closed the day at 277.26, a gain of Re0.01 against the greenback. On Wednesday , the Pakistani rupee settled at 277.27 against the dollar. Internationally, the US dollar clung to a seven-week high on Thursday after the Federal Reserve raised interest rates and flagged more…",
  "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."
}