The Pakistani rupee registered gains against the US dollar, appreciating 0.06% during the opening minutes of trading in the inter-bank market on Friday.
At 10am, the local currency was hovering at 280.27, a gain of Re0.18 against the greenback.
On Thursday, the local unit closed at 280.45.
Internationally, the US dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week.
Markets widely expect a quarter-point reduction when the policy-setting Federal Open Market Committee meets on December 9-10, and a focus will be on any signals about how much additional easing lies ahead.
The dollar index, which measures the currency against six rivals, was flat at 99.065 in Asia early.
A small gain overnight snapped a nine-day losing streak, but the index had dipped to a five-week low of 98.765 earlier that session, and it remains on course for a 0.4% decline this week.
Traders are pricing around 86% odds of a Fed cut next Wednesday, and potentially 2-3 more reductions next year, LSEG data showed.
Fed officials have been carefully watching the labour market to determine whether the economy needs further support.
Oil prices, a key indicator of currency parity, were heading for weekly gains of close to 2% in early trading on Friday, supported by an expected Federal Reserve interest rate cut, escalating US-Venezuela tensions and stalled peace talks in Moscow.
It would be a second straight week of increases.
Prices were little changed at market open on Friday, with Brent crude up 6 cents, or 0.09%, at $63.32 per barrel by 0104 GMT.
This is an intra-day update
American Dollar Exchange Rate