The State Bank of Pakistan reported that in interbank, the price of euro appreciated by Rs. 1.07 to close at Rs. 198.67 against the last day’s trading of Rs. 197.61.
Sterling was at $1.3081 at 0958 GMT, up 0.4pc since New York's close versus a weaker dollar. So far in August, it has been broadly in line with its pre-pandemic levels.
The Australian dollar rose after better-than-expected jobs data eased concerns about a persistent coronavirus outbreak in the country’s second-largest city.
The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 42 paisas to close at Rs. 197.61 against the last day’s trading of Rs. 198.03.
The yield on 10-year U.S. debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday.
The peso gained 0.3% as a rebound in manufacturing and construction saw Mexican industrial output rise 17.9% in June from May.
Brazil's real firmed as the dollar started to lose momentum as signs of an improving global market outlook saw investors betting on riskier currencies.
The euro has been bolstered recently by views that the continent was outperforming the United States and handling the coronavirus pandemic much better.
The rouble is regaining ground after a steep slide in July when investors in Russian stocks converted their rouble-denominated dividends into other currencies.
The dollar was up 0.1pc against the Japanese yen at 106.06 as US 10-year Treasury yields rose to two-week highs before a quarterly US refunding auction on Tuesday.