In the opening hours of trading in the inter-bank market on Tuesday, the Pakistani rupee experienced a slight uptick against the US dollar, appreciating by 0.04%.
As of 10 am, the rupee was trading at 277.85, marking a gain of Re0.10 compared to the previous day’s rate.
The State Bank of Pakistan (SBP) reported that on Monday, the rupee had maintained relative stability, closing at 277.95 against the US dollar.
This minor fluctuation in the currency market reflects the ongoing dynamics of foreign exchange trading, with factors such as economic indicators, market sentiment, and global events influencing the exchange rates.