The Pakistani rupee registered gain against the US dollar, appreciating 0.03% during the opening minutes of trading in the inter-bank market on Friday.
At 10am, the local currency was hovering at 279.87, a gain of Re0.09 against the greenback.
On Thursday, the e local unit closed at 279.96.
Internationally, the US dollar was poised for a third weekly gain on Friday after positive US economic data lowered expectations for rate cuts by the Federal Reserve anytime soon.
The greenback rose overnight on a surprise decline in weekly jobless figures and was steady in Asian morning trade. The yen remained at levels that risked intervention in currency markets by Japan to defend its currency.
Fed funds futures have pushed back expectations for the next rate cut to June on the back of improving employment data and as central bank policymakers expressed concern about inflation.
The dollar index, which measures the greenback against a basket of currencies, was little changed at 99.36 and poised for a 0.2% advance this week. The euro was steady at $1.1607.
The yen strengthened 0.05% against the greenback to 158.58 per dollar, but is set to fall about 0.5% this week.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 198,000 for the week ended January 10, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims for the latest week.
Oil prices, a key indicator of currency parity, were flat on Friday with both Brent and US West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a US strike on Iran receded.
Brent was down 3 cents, or 0.05%, to $63.73 per barrel, while US West Texas Intermediate was up 4 cents, or 0.07%, to $59.22 per barrel as of 0223 GMT.
Both Brent and WTI rose to multi-month highs this week after protests flared up in Iran and US President Donald Trump signalled the potential for strikes on the nation.
This is an intra-day update
American Dollar Exchange Rate