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Rupee registers gain against US dollar

Pakistan Published 16 October 2026, 15:47 · archived 16 Oct 2026

The Pakistani rupee stretched its marginal gains against the US dollar in the interbank market on Friday. The local unit closed the day at 276.91, a gain of Re0.01 against the greenback. On Thursday, the Pakistani rupee settled at 276.92 against the dollar. Internationally, the US dollar headed for its first weekly fall in five weeks on Friday, lifting the euro from a 17-month low as wobbles in AI investment and drop in US yields put the brakes on recent gains. Moves in the Asian morning were slight, leaving the dollar down 0.2% this week at 158.13 yen and shedding about 0.1% to $1.1210 per eu...

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