In the early hours of trading on Thursday, the Pakistani rupee exhibited slight improvement against the US dollar, with a marginal appreciation of 0.03%, settling at 278.56 in the inter-bank market.
This modest gain follows a similar trend observed on Wednesday, where the rupee strengthened by 0.11% in the inter-bank market.
Globally, the currency market remained subdued on Thursday, with the US dollar stabilizing against major currencies. Market participants awaited further economic data from the United States, seeking insights into the Federal Reserve’s policy direction.