Rupee continues upward march.

KARACHI -- Pakistani rupee maintained its uptick for the second consecutive working day on Wednesday, increasing by 0.25%, or Rs0.70, to Rs283.20 against the US dollar in inter-bank market.

The gradual recovery of the currency came in the wake of a slowdown in demand for US dollars for imports, which were partially closed amid financial crisis in the country.

With the latest increase, the rupee regained 0.28%, or Rs0.81, in two days. It came following appreciation of 0.82%, or Rs2.32, to Rs284.03 against the greenback on Monday.

Market talk suggests that the supply of foreign currency has slightly improved in the inter-bank market, as overseas Pakistanis are sending...