KARACHI: The US dollar weakened against the Pakistani rupee after consecutive gains in three days in inter-bank market as opposition parties in the assembly are making frantic efforts to break the deadlock after negotiating with Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan and Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri.
US dollar has weakened 10 paisa against rupee in inter-bank market to reach 102.2 and lost 65 paisa in open market to reach 101.75 on Thursday.
Financial analysts are of the view that the latest political development, the consensus between major political stakeholders to protect the parliament and democracy, will bode well for the market overall
On Wednesday, however, the US dollar strengthened 10 paisa against rupee in inter-bank market to reach 102.3; however, it sheds 10 paisa in the open market to reach 102.4.