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Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains, appreciating 0.01%, against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.27, a gain of Re0.03 against the greenback. On Tuesday, the Pakistani rupee settled at 277.30 against the dollar. Internationally, the US dollar was hanging on to recent gains on Wednesday and trading near multi-week highs on a handful of major peers ahead of a Federal Reserve decision where traders expect the first of what could be several US interest rate hikes. The US dollar had advanced along with yields overnight, running f...
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