The Pakistani rupee extended its marginal gains against the US dollar on Wednesday.
The local unit closed the day at 277.66, a gain of Re0.01 against the greenback.
On Tuesday, the Pakistani rupee settled at 277.67 against the dollar.
Meanwhile, the dollar traded sideways in early Asian dealings on Wednesday, shrugging off renewed attacks on shipping in critical waterways in the Middle East, as currency markets awaited the release of inflation data later in the global day.
The yen was flat against the dollar at 159.335 yen, hovering around its weakest levels of the month despite the recent joint intervention by US and Japanese authorities to strengthen the Japanese currency, while the euro held steady at $1.1537.
The British pound was also unchanged at $1.3503. The Australian dollar was flat at $0.7064.
The kiwi dollar was down 0.1% at $0.5876 after New Zealand Prime Minister Christopher Luxon said on Wednesday he had won a confidence vote of ruling party lawmakers, following speculation about his leadership months from a general election.
The US dollar index , which measures the greenback’s strength against a basket of six currencies, was up 0.1% at 99.858.
Moreover, oil prices rose on Wednesday.
Brent futures were up 75 cents, or 0.84%, to $89.66 a barrel by 0553 GMT, while US West Texas Intermediate (WTI) crude climbed 72 cents, or 0.87%, to $83.92. Both contracts had risen more than $1 earlier in the session.
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