The Pakistani rupee posted further gain against the US dollar, appreciating 0.07% during the opening hours of trading in the inter-bank market on Wednesday.
At 10:30am, the currency was hovering at 281.13, a gain of Re0.19 against the greenback.
On Tuesday, the local unit closed at 281.32.
Globally, the US dollar hovered near a one-week low versus major peers on Wednesday as the US government entered a shutdown that is likely to delay the release of crucial jobs data.
Government funding expired at midnight in Washington after Republicans and Democrats failed to agree on a last-minute interim deal.
The dollar index, which gauges the currency against six counterparts including the euro and yen, stood at 97.814 as the deadline passed. It had fallen as low as 97.633 overnight for the first time since last Wednesday.
US President Donald Trump warned congressional Democrats on Tuesday that letting the federal government shut down would allow his administration to take “irreversible” actions, including closing programs important to them.
The US Labor and Commerce departments said their statistics agencies would halt data releases in the event of a partial shutdown. That includes Friday’s scheduled nonfarm payrolls release, which is seen by markets as key in determining whether a Federal Reserve interest rate cut is likely at the end of this month.
The euro edged up slightly to $1.1738, after rising to the highest since September 24 at $1.1762 on Tuesday.
The dollar was flat at 147.92 yen following a three-day 1.2% slide.
Oil prices, a key indicator of currency parity, steadied on Wednesday after two days of declines as investors weighed OPEC+ plans for a larger output hike next month and the outcome of a US government shutdown that could impact economic activity and fuel demand.
Brent crude futures for December delivery rose 28 cents to $66.31 a barrel by 0500 GMT. US West Texas Intermediate crude rose by 26 cents to $62.63 a barrel.
This is an intra-day update
