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Citing a source, who asked not to be named, Reuters reported on Wednesday that Pakistan has delivered the United States’ proposal to Iran.

Other details of the report suggest that sides are yet to decide on a venue for talks between Tehran and Washington, and that Turkiye is one of the the potential places to hold such talks.

Market reaction

This headline failed to trigger a noticeable market reaction. At the time of press, the US Dollar (USD) Index was up 0.15% on the day at 99.32.

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