KARACHI: The Pakistani rupee clawed back a modest Re0.04 on Tuesday, closing at 280.67 in the inter-bank after Monday’s 280.71, defying a resurgent US dollar globally.
In the open market, the rupee flexed harder — up 4–5 paise, settling at 281.31/281.70. It hammered the euro (+41–43 paise) to 325.32/328.32, nudged the UAE dirham (+4 paise buy) to 76.61, and edged the Saudi riyal (+2 paise sell) to 75.55.
The dollar index roared back 0.2% to 99.545, snapping a four-day slide as Fed rate-cut bets plunged from 62% to 43% for December.
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