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Pakistan rupee registers gain against US dollar

Business Recorder • • 1 min read

Pakistan rupee registers gain against US dollar

Business Recorder reported that the rupee edged higher in Pakistan’s interbank trading on Thursday, finishing at 276.61 per US dollar. That was Re0.01 stronger than Wednesday’s close of 276.62. The small daily change kept the local currency near its previous session’s level.

In open-market dealings, the dollar was quoted at Rs277.09 for buying and Rs278.23 for selling. The rupee also strengthened against the euro, ending at 306.65 for buying and 309.92 for selling, while its movement against the UAE dirham and Saudi riyal was limited. Internationally, the dollar index rose 0.15% to 103.02, its highest level since April 2025, amid increased expectations of Federal Reserve rate increases; Brent crude traded at $93.40 a barrel.

At a glance

  • The rupee closed at 276.61 per dollar in interbank trading.
  • Open-market dollar rates ended at Rs277.09 for buying and Rs278.23 for selling.
  • The dollar index reached 103.02 as markets raised expectations of Federal Reserve tightening.

Originally reported by Business Recorder

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