This Monday, the dollar cut its losses after the appeasement of Donald Trump's speech on trade. LA For its part, the rupee recorded a gain against the American dollar.

The dollar regained ground on Monday, as the Investors expected the United States to moderate its recent escalation of the trade war with China after the markets fell on Friday, while that political developments in France and Japan were weakening the euro and yen.

The dollar index, which measures the performance of the Against a basket of six other currencies, the American currency rose by 0.2% to 99.2, thus erasing the losses recorded at the end of the week latest after US President Donald Trump announced rights to 100% customs on China.

The Pakistani rupee has improved compared to the American dollar, appreciating by 0.05% during the opening hours of trading on the interbank market on Monday.

At 10:05am, the currency was hovering around 281.02, or a gain of Re 0.15 compared to the greenback.

AU last week , the Pakistani rupee recorded a gain marginal for another week, appreciating by 0.09 rupees or 0.03% by against the US dollar on the interbank market