BR100 Increased By (1.66%)
BR30 Increased By (1.75%)
KSE100 Increased By (1.2%)
KSE30 Increased By (1.4%)
AGHA 7.48 Increased By ▲ 0.04 (0.54%)
BECO 5.30 No Change ▼ 0.00 (0%)
BML 57.22 Increased By ▲ 0.16 (0.28%)
BOP 33.92 Increased By ▲ 0.43 (1.28%)
CNERGY 11.10 Increased By ▲ 0.36 (3.35%)
CSIL 6.06 Increased By ▲ 0.02 (0.33%)
FCCL 55.90 Increased By ▲ 1.72 (3.17%)
FFL 16.08 Increased By ▲ 0.01 (0.06%)
FNEL 1.21 Decreased By ▼ -0.01 (-0.82%)
KEL 7.30 Increased By ▲ 0.12 (1.67%)
KOSM 6.10 Increased By ▲ 0.17 (2.87%)
LOTCHEM 27.29 Increased By ▲ 0.32 (1.19%)
MLCF 97.45 Increased By ▲ 2.58 (2.72%)
NBP 204.44 Increased By ▲ 4.15 (2.07%)
NCPL 56.15 Increased By ▲ 0.68 (1.23%)
NPL 65.98 Increased By ▲ 0.36 (0.55%)
OGDC 319.09 Increased By ▲ 5.05 (1.61%)
PACE 10.66 Increased By ▲ 0.15 (1.43%)
PAEL 42.52 Increased By ▲ 0.25 (0.59%)
PIBTL 17.08 Increased By ▲ 0.04 (0.23%)
PPL 221.32 Increased By ▲ 5.11 (2.36%)
PRL 63.42 Increased By ▲ 3.28 (5.45%)
PTC 72.49 Increased By ▲ 0.48 (0.67%)
SSGC 25.93 Increased By ▲ 0.65 (2.57%)
TBL 9.72 Increased By ▲ 0.05 (0.52%)
TELE 8.46 Increased By ▲ 0.21 (2.55%)
TPL 21.47 Increased By ▲ 1.14 (5.61%)
TPLP 14.71 Increased By ▲ 1.34 (10.02%)
TREET 23.19 Increased By ▲ 0.14 (0.61%)
TRG 60.81 Decreased By ▼ -0.04 (-0.07%)
Markets

Rupee inches up against US dollar

  • Settles at 277.77
Published Updated

The Pakistani rupee extended its marginal gains, appreciating 0.01% against the US dollar on Monday.

The local unit closed the day at 277.77, a gain of Re0.03 against the greenback.

On Friday, the Pakistani rupee settled at 277.80 against the dollar.

Meanwhile, the latest bouts of yen-buying hammered ​the dollar, with the euro ​rising to a 1-1/2-month high ⁠of $1.1559 early in Asia on Monday, while sterling hovered near a two-week top at $1.3476.

The dollar index was little changed at 99.71, having slid more than 1.5% last week.

In other currencies, the Australian dollar was up 0.18% at $0.7033, while the New Zealand dollar edged 0.05% higher to $0.5893.

Furthermore, oil prices tumbled more than $4 a barrel on Monday.

Brent crude futures slid $4.49, or 5.11%, to $83.44 by 0408 GMT while US West Texas Intermediate crude was at $79.77 a barrel, down $4.90, or 5.79%.

Both contracts jumped more than 20% last month after fighting between the US and Iran resumed and as attacks on several tankers around Oman heightened security concerns, deterring shippers from entering the Gulf to load oil.

Comments

200 characters remaining