PKR vs USD Exchange Rate USD / PKR
The Pakistani rupee posted marginal gain against the US dollar in the inter-bank market on Tuesday.
At close, the local currency settled at 278.16, a gain of Re0.01 against the greenback.
On Monday, the local unit closed at 278.17.
Moreover, the yen was pinned at levels not seen since 1986 on Tuesday, stoking worries that a direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.
The dollar index, which measures the US currency against six other units, was at 101.6, after dropping 0.26% in the previous session, but is on course for a 1.3% rise in the second quarter.
The euro was at $1.14165, while sterling last bought $1.3251. The Australian dollar eased 0.15% to $0.6876 and the New Zealand dollar fetched $0.5647.
Meanwhile, oil prices dipped on Tuesday and were poised for a monthly decline.
Brent August crude futures, which expire on Tuesday, were down 0.9%, or 64 cents, at $72.51 a barrel as of 0356 GMT.
These levels are around $20, or 22%, lower than last month’s closing.
The more actively traded September contract was down 0.4%, or 31 cents, at $73.6 a barrel.
US West Texas Intermediate for August fell 0.6%, or 39 cents, to $70.36 a barrel.
Prices are set for around a $17 drop, or 19%, from the May 29 closing.
Both Brent and WTI prices are almost back at pre-war levels on February 27.


















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