The Pakistani rupee posted marginal gain, appreciating 0.01%, against the US dollar in the inter-bank market on Wednesday.
At close, the local currency settled at 278.27, a gain of Rs0.03 against the greenback.
On Tuesday, the local unit closed at 278.30.
The dollar eased on Wednesday ahead of the Federal Reserve’s first policy decision under Chair Kevin Warsh.
The yen found little respite against a weaker greenback and teetered further into intervention territory.
The euro steadied at $1.1611 while sterling was little changed at $1.3430.
The New Zealand dollar edged slightly higher to $0.5833.
Against a basket of currencies, the dollar eased slightly to 99.53, unwinding some of its safe-haven gains made as details emerged of the US and Iran’s interim agreement to end the war in the Middle East.
Oil prices edged higher in early trade on Wednesday, clawing back some of the previous session’s losses.
Brent crude futures gained 47 cents, or 0.6%, to $79.43 a barrel, while US West Texas Intermediate rose to $76.53 a barrel, up 48 cents, or 0.6%, as of 0038 GMT.
Both benchmarks fell about 5% for a second straight session on Tuesday to three-month lows on hopes a U.S.-Iran deal would allow oil flows through the Strait.