At the start of the week, the US dollar a Achieved Monday its highest level in more than two weeks, while la rupee records a gain against the US dollar . For its part, the Chinese yuan reached its highest level in a month.

The US dollar reached Monday its highest level in more than two weeks against the yen, at the start of a busy week of global trade negotiations and central bank meetings. The Dollar strengthened by 0.2% to 153.12 against the yen, the highest since the 10th October.

The dollar index, which measures the greenback by compared to some of its peers, changed little at 98.94.

The Pakistani rupee strengthened against American dollar, appreciating by 0.09% during the business hours of trading on the interbank market on Monday.

At 9:50am, the local currency was hovering at 280.76, in increase of 0.26 rupees against the American dollar.

During the previous week, the rupee Pakistan gained 0.08 rupees, or 0.03%, against the US dollar on the interbank market. The local rupee closed at 281.02 rupees , against 281.10 per week previous rate against the dollar, according to the State Bank of Pakistan (SBP).

The Chinese yuan hit its highest on Monday Level in more than a month against the dollar, boosted by developments positive concerning trade relations between Beijing and Washington.

The Chinese currency, traded both on the at home and abroad, has strengthened beyond the level psychologically significant of 7.11 to the dollar, at levels observed for last time in September, after top economic officials China and the United States discussed on Sunday the framework of a trade agreement on Which US President Donald Trump and Chinese President Xi Jinping are due to vote later this week.

The cash yuan is allowed to be traded at a maximum of 2% on each side of the fixed midpoint each day.

On the spot market, the onshore yuan reached a high of 7.1083 for the dollar, the highest level since the 18th September, before trading at 7.1224 at 02:23 GMT.

His offshore counterpart followed suit and reached a high of 7.1091, the highest level since September 19. He last reached 7,1128 at 02:23 GMT.