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Intra-day update: rupee records gain against US dollar
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Intra-day update: rupee records gain against US dollar
The Pakistani rupee strengthened against the US dollar, appreciating 0.06% during the opening minutes of trading in the inter-bank market on Wednesday. At 10am, the local currency was hovering at 280.13, a gain of Re0.17 against the greenback. On Tuesday, the local unit closed at 280.30. Globally, the US dollar was steady on Wednesday and near its lowest since the start of October after data showed the labour market remained soft, leaving invest…
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