The Pakistani rupee strengthened marginally by Re0.01 against the US dollar, closing at 277.86 on Monday. Globally, the US dollar slumped against major peers, with the dollar index falling 0.25% to 101.23, as US-Iran tensions paused. Concurrently, crude oil prices tumbled 5%, with Brent crude futures dropping to $91.89. This trend of a stronger rupee and weaker global dollar could influence local gold prices and import costs.
بحوالہ / Source: www.brecorder.com