By 10:20am, the rupee was valued at 280.43, marking a gain of Re0.17 from the previous trading session, where it closed at 280.60, on April 15.

Meanwhile, in international markets, the US dollar remained stable but close to a three-year low against the euro and a six-month low against the yen.

Traders are monitoring fluctuations in US tariffs, which have caused uncertainty among investors.

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Pakistani rupee sees slight increase against US dollar in inter-bank market

Rupee shows minor gains against dollar in intraday update

Dollar ticks up against rupee in interbank

In early Asian trading, the dollar index, which measures the US currency against six others, stood at 99.864, reflecting a drop of over 4% this month, indicating significant market shifts.

Oil prices have risen slightly, supported by changes in tariff exemptions proposed by US President Donald Trump and a rebound in Chinese crude oil imports.