The Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 279.41, a gain of Re0.01 against the greenback. On Wednesday , the local unit closed at 279.42. Internationally, th e dollar halted its blistering rally on Thursday, providing some reprieve ​to the battered euro, as investors clung to fragile assumptions that the war in the Middle East might not last as ‌long as initially expected. The dollar further ​eased from an over three-month high hit earlier this week and stood at 98.82 against a basket of currencies. The ⁠euro was steady at $1.1628, having slid to a more than three-month low on Tuesday, while sterling was little changed at $1.3368. The yen found some ⁠support on Thursday from a weaker greenback and rose 0.2% to 156.79 per dollar. The Australian dollar held on to its 0.57% gain from the previous session and last stood at $0.7068, while the New Zealand dollar eased slightly to $0.5939. Furthermore, oil prices, a key indicator of currency parity, rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the US-Iran war ​chokes off vital Middle East oil and gas flows while production facilities limit ‌output. Brent crude was trading up $1.67, or 2.05%, at $83.07 per barrel by 0141 GMT. US West Texas Intermediate crude rose $1.94, or 2.60%, to $76.60.