Pakistani Rupee Records Gain Against US Dollar

Pakistani rupee records gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar on Thursday. The local unit closed the day at 277.90, a gain of Re0.01 against the greenback. On Wednesday, the Pakistani rupee settled at 277.91 against the dollar. Furthermore, the US dollar largely stabilised on Thursday as renewed US-Iran tensions kept investors on edge. The dollar index, which measures the greenback against a basket of currencies including the yen and the…

Rupee rises 5 paise to 96.48 against U.S. dollar in early trade

Foreign Institutional Investor outflows and sustained negative sentiments in the domestic equity markets added pressure on the local unit, while a weaker greenback provided some respite said forex traders

Rupee Rises 5 Paise to 96.48 Against US Dollar in Early Trade

At the interbank foreign exchange, the rupee opened at 96.53 before inching up to 96.48, up 5 paise from its previous close.

Rupee rises to 96.49 against US dollar, rising oil prices limit gains

The Indian rupee saw a slight gain against the US dollar on Thursday. Rising crude oil prices continue to exert pressure on the currency. The Reserve Bank of India's intervention is expected to limit sharper losses. Foreign investors showed mixed sentiment in Indian equities and bonds. Stock markets opened on a weak note, with key indices falling.