The Pakistani rupee posted a marginal gain against the US dollar, settling at 278.12 in the latest session.

The move marks a slight stabilization in the currency market, following a period of volatility that has seen the dollar hold firm despite intermittent upward pressure on local currencies.

This modest appreciation comes as the dollar experienced its biggest weekly drop in recent trading, providing a tailwind for emerging market currencies.

While the gain is incremental, it suggests that immediate selling pressure on the rupee has eased, allowing the currency to find a temporary floor.

The development aligns with broader trends in South Asia, where neighboring currencies have also shown signs of resilience.

The Indian rupee, for instance, closed slightly higher on Thursday, supported by a decline in global crude oil prices and renewed foreign portfolio inflows.