The Pakistani rupee recorded a marginal gain on Thursday, appreciating 0.01 percent against the US dollar in the inter-bank market amid global currency fluctuations.
At close, the local currency settled at 279.87, gaining Re0.03 against the greenback, after closing at 279.90 on Wednesday, reflecting minimal movement in domestic trading conditions.
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The US dollar remained firm internationally following President Donald Trump withdrawing threats of tariffs on European NATO nations, highlighting an agreement framework over Greenland control concerns.
Read More: Gold Prices Fall in Pakistan on Global Losses
The Swiss franc retreated sharply from a three-week high, while gold fell from record levels, and the Australian dollar rose to a fifteen-month high unexpectedly.
The Japanese yen hovered near a record low against the euro after the Prime Minister announced a snap election, promising new fiscal stimulus measures to support economic growth.
Oil prices declined on Thursday after previous gains, with Brent crude falling 28 cents to $64.96 and West Texas Intermediate losing 19 cents to $60.43.
