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Intra-day update: rupee registers gain against US dollar
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Intra-day update: rupee registers gain against US dollar
The Pakistani rupee strengthened against the US dollar, appreciating 0.08% during the opening hours of trading in the inter-bank market on Wednesday. At 10:40am, the local currency was hovering at 280.92, up by Re0.23 against the US dollar. On Tuesday, the local unit closed at 281.15. Internationally, the US dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate…
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