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Intraday trade: PKR rises 19 paisa against US dollar

The Pakistani rupee (PKR) saw a slight improvement against the US dollar, rising by 0.07 per cent during early trading hours in the interbank market on Wednesday. Around 10 AM, the rupee was trading at Rs277.55 to the dollar, reflecting a gain of 19 paisa. On a global scale, the US dollar reached a two-and-a-half-month high as investors adjusted their expectations for a gradual reduction in interest rates. This comes amid heightened focus on the ongoing presidential election race in th

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