Rupee gains against dollar; crude futures fall amid currency movements
The Pakistani rupee gained against the US dollar, closing at 277.06 against the dollar on Monday. The rupee had also appreciated by 0.03% against the US dollar during the preceding week. Meanwhile, Brent crude futures fell by 0.65% to $101.59 a barrel at 0240 GMT. Separately, the US dollar hovered near its 17-month high on Monday.
On Thursday, the US dollar held near its two-month high. The Euro was reported at $1.1330 against the US dollar during the early Asian session. Sterling was noted as being flat at $1.3264. Traders are currently pricing in a 78% probability that the US central bank will keep rates steady in October. At the open market, the rupee gained 9 paise for buying and 4 paise for selling against the USD.























































