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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 Monday. The local unit closed the day at 277.22, a gain of Re0.03 against the greenback. During the previous week, the Pakistani rupee appreciated 0.03% to settle at 277.25 against the US dollar in the inter-bank market. Globally, currency markets focused on the yen on Monday following a sharp drop last week that spurred speculation of a rate check from Tokyo, while investors pondered interest-rate outlooks after a wave of hikes from major central banks last week. The yen was a touch firmer at 15...
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