Biden, who defeated Donald Trump at the ballot box on November 3, has promised a return to diplomacy with Iran after four hawkish years under the departing US president.
In interbank trading, the price of euro depreciated by Rs. 1.05 and closed at Rs. 190.04 against the last day’s trading of Rs. 191.09, State Bank of Pakistan reported.
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.65pc, to 3,271 ringgit ($799.56) a tonne by the midday break.