KARACHI, Pakistan (Reuters) – The Pakistani rupee fell 1.3% to a file low of 288.5 in opposition to the U.S. greenback on Wednesday, a day after the arrest of former prime minister Imran Khan by the anti-terrorism company -corruption of Islamabad.

Pakistan’s worldwide bonds fell with the 2024 situation down 0.4 cents on the greenback, in accordance with Tradeweb information.

Bonds are buying and selling at deeply distressed ranges between 49 cents on the greenback for shorter maturities whereas longer maturities are altering arms at round 33 cents.

After the arrest, clashes erupted between Khan’s supporters and the police, leaving at the very least one protester lifeless. The Inside Ministry has suspended cell broadband providers within the nation.