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Rupee registers gain against US dollar
The Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Wednesday. The local unit closed the day at 276.62, a gain of Re0.03 against the greenback. On Tuesday, the rupee had closed at 276.65 against the dollar. Internationally, the US dollar held gains near a two-week high in early Asian trade on Wednesday as a hotter-than-expected inflation report and hawkish comments from Federal Reserve officials fuelled bets the central bank will raise rates next month. The US dollar index, which measures the greenback’s strength against a bas...
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