KARACHI: The Pakistani rupee weakened against the US dollar, depreciating 0.10% in the inter-bank market on Wednesday.
At close, the currency settled at 284.96, a loss of Re0.29.
On Tuesday, the currency settled at 284.67.
Internationally, the US dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest US inflation report showed signs that President Donald Trump’s tariffs were beginning to feed into prices.
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