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Rupee registers gain against US dollar
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 hikes in coming months, while investors awaited decisions from the Bank of England later and the Bank of Japan on Friday. The US dollar ripped higher alongside US Treasury yields, after new central bank ...
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