The Pakistani rupee posted a slight gain against the US dollar in the inter-bank market on Tuesday, appreciating by 0.01%.
By the close of trading, the local currency settled at 278.57 per dollar, improving by Rs0.03 compared to the previous session.
A day earlier, on Monday, the rupee had closed at 278.60 against the greenback.
In global markets, the US dollar opened Asian trading on a firmer note after US President Donald Trump announced he had delayed a planned strike on Iran to allow room for negotiations. Meanwhile, bond markets regained stability following a two-day selloff.
The US dollar index, which tracks the greenback against a basket of six major currencies, remained largely unchanged at 99.026. The index found support after easing concerns over a potential escalation in the conflict caused it to slip 0.3% on Monday, ending a five-session winning streak.
Below are the latest forex rates from both the open market and interbank.
