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Rupee gains 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 277.15, a gain of Re0.01 against the greenback. During the previous week, the Pakistani rupee closed at 277.16 against the greenback, a gain of Re0.09 from 277.25 it had closed at a week earlier. Internationally, the US dollar inched higher to hold near a two-month high on Monday, as the US-Iran standoff continued to push up oil prices while investors looked ahead to a data-packed week for more clues on inflation and central banks’ moves. The euro and ster...
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