Rupee weakens against dollar.

KARACHI -- The rupee weakened against the US dollar at Rs154.77 in the inter-bank market on Wednesday compared with Tuesday's close of Rs154.54, according to the State Bank of Pakistan (SBP). Earlier, the SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with the International Monetary Fund (IMF) for a loan programme on May 12, 2019. The IMF has asked Pakistan to end state control of the rupee and let the currency move freely to find its...

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