The rupee gained Rs 0.03 to close at 280.62 against the US dollar amid strong dollar tone and muted domestic drivers.

The Pakistani rupee recorded a marginal improvement against the US dollar on Friday, gaining 0.01 % in the inter-bank market. The currency closed at Rs 280.62, up by Rs 0.03 from Thursday’s close of Rs 280.65.Pakistani Rupee Improves Against US Dollar

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Oil prices, which can influence currency flows in commodity-importing countries like Pakistan, fell for a third straight session. Brent crude retraced 1.5 % to about $62.45 a barrel while US West Texas Intermediate fell 1.7 % to approximately $58.02, amid concerns over global supply and weaker risk appetite.

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