Pakistan, Oct. 9 -- The Pakistani rupee posted marginal gain against the US dollar, gaining Re0.01 in the inter-bank market on Wednesday. At close, the currency settled at 281.21, a gain of Re0.01 against the greenback. On Tuesday, the local unit closed at 281.22. Globally, the Indian rupee may inch towards a record low at the open on Wednesday, bogged down by the dollar index's rally to a six-week high and weakness in Asia, prompting bets on another round of central bank intervention. The 1-month non-deliverable forward indicated the Indian rupee will open in the 88.78-88.82 range versus the US dollar, compared with Tuesday's close of 88.7725.

Published by HT Digital Content Services with permission from Daily Times....