The Pakistani rupee gained Re0.03 against the US dollar in the inter-bank market on Thursday, closing at 277.97. This marginal appreciation occurred as the US dollar hovered near a one-month low globally, influenced by soft inflation data suggesting a patient Federal Reserve. Oil prices also turned lower. A stronger rupee and weaker global dollar could potentially ease imported inflation and impact local gold prices.
بحوالہ / Source: www.brecorder.com