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The Pakistani rupee extended gains for the second straight session in both the currency markets, as dollar demand and easing concerns over US-Iran war hysteria helped the currency rise.

According to the details, the rupee closed at 154.83 to the dollar, compared with the previous closing of 154.88.

The rupee also managed to gain 50 paisas against the dollar in the open market, the local unit ended at 155.20 versus the greenback. It had settled at 155.70 in the previous session.