The Pakistani rupee gained slightly against the US dollar on Friday, closing at 280.02 in the inter-bank market.
This reflected an appreciation of Re0.03 compared with Thursday, while the currency remained relatively stable amid modest market fluctuations.
In the open market, the PKR rose by 3 paisa for buying and 5 paisa for selling rates.
Against the euro, the rupee gained 78 paisa for buying and 81 paisa for selling, closing higher accordingly.
Against the UAE dirham and Saudi riyal, the currency showed mixed movement, reflecting minor adjustments in trading patterns.
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Internationally, the US dollar strengthened in early Asian trading amid anticipation of US jobs data and Supreme Court decisions.
The dollar index, which tracks the greenback against six major currencies, rose 0.2%, extending gains for a third consecutive day.
Oil prices increased on concerns over Iran supply disruptions and ongoing uncertainty regarding Venezuela’s crude output in international markets.
Brent crude gained 0.7% to $62.42 per barrel, while WTI rose 0.7% to $58.17, both benchmarks recovering from previous declines.
Analysts said upcoming US non-farm payrolls and interest rate expectations will continue influencing global currency movements and Pakistan’s rupee performance.
