Rupee registers gain against US dollar

Business Recorder reported that the rupee firmed slightly against the greenback on Friday. The interbank close stood at 277.00, a gain of Re0.01 from Thursday's level of 277.01. Interbank bid and offer quotes were Rs277.00 and Rs277.20 respectively.

Overseas workers sent $3.6 billion home in September 2026, figures from the SBP showed. That was 12.7% higher than the $3.2 billion of September 2025, though 1.9% below the $3.7 billion recorded in August 2026.

Abroad, the euro was set for a fifth consecutive weekly fall, though the selling appeared to be losing pace as French debt stabilised and lower US yields eased pressure on the dollar. Brent crude futures slipped $1.10 to $103.18 a barrel after Middle East supply worries eased. In the open market, the dollar was quoted at Rs277.52 for buying and Rs278.69 for selling.