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Rupee registers gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Wednesday. The local unit closed the day at 277.02, a gain of Re0.03 against the greenback. On Tuesday, the Pakistani rupee settled at 277.05 against the dollar. Internationally, the US dollar edged higher on Wednesday, buoyed by rising oil prices, while investors awaited Federal Reserve meeting minutes and remarks from policymakers for signals on a potential rate hike. The euro gave back some of its gains in the prior session when French bonds rallied after the frontrunner in ...
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