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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 277.10, a gain of Re0.01 against the greenback. On Wednesday, the Pakistani rupee settled at 277.11 against the dollar. Internationally, the US dollar held near a two-month high on Thursday, supported by an extended rise in US Treasury yields partly driven by concerns over persistent global price pressures stemming from the Middle East war. Data showing US inflation rose less than expected in August, along with downward revisions to July’s reading, reduc...
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