In Karachi, the Pakistani rupee sustained its climb against the US dollar within the interbank market on Wednesday.
As per the State Bank of Pakistan (SBP), the USD saw a 17 paisa depreciation, concluding at Rs281.72 within the interbank setup.
Forex dealers reported the greenback's sale at Rs283.50 in the open market.
Trading activities remained subdued, influenced by the closure of Japanese markets due to a holiday and investors holding off for crucial U.S. economic releases anticipated later in the day. These releases include minutes from the Federal Reserve's December meeting.
The euro exhibited a 0.2% decline against the dollar, reaching $1.092, marking its lowest point since December 19. This follows a 0.95% drop on Tuesday, constituting its most significant daily decline since July.
