The Pakistani rupee posted a marginal gain against the US dollar, closing the session at 278.21.
The modest appreciation reflects a stabilization in the currency market, with the dollar holding firm despite the slight upward pressure on the local unit.
This movement aligns with broader trends across South Asian currencies.
The Indian rupee recently extended its strength, supported by a combination of falling crude oil prices and positive signals from US-Iran peace negotiations.
Traders have indicated that these dual tailwinds are providing relief to regional currencies, which have faced significant pressure from import bills and geopolitical risks.
The Pakistani rupee’s performance is closely watched as a barometer for regional stability.