The Pakistani rupee registered a marginal gain against the US dollar on Wednesday, closing at 277.91, up Re0.01 from Tuesday's 277.92. This slight appreciation occurred despite a broader strengthening of the US dollar against other major currencies, with the yen hitting a near four-decade low and the euro dipping. Concurrently, crude oil prices also climbed, with Brent crude futures rising to $91.51 and WTI to $84.64. A stable or strengthening rupee, alongside rising oil prices, could influence local inflation and indirectly affect demand for gold in Pakistan.
بحوالہ / Source: www.brecorder.com