PKR strengthens by 29 paisa against greenback

MG News | February 17, 2021 at 04:45 PM GMT+05:00

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February 17, 2021 (MLN): Pakistani rupee (PKR) appreciated by 29 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 159.26 per USD, against yesterday's closing of PKR 159.54 per USD.

The rupee traded within a range of 24 paisa per USD showing an intraday high bid of 159.34 and an intraday Low offer of 159.15.

Within the Open Market, PKR was quoted at 159.10/159.70 per USD.

Meanwhile, the currency gained 98 paisa against the Pound Sterling as the day's closing quote stood at PKR 221.2 per GBP, while the previous session closed at PKR 222.18 per GBP.

Similarly, PKR's value strengthened by 1.3 rupees against EUR which closed at PKR 192.38 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.95/7.05 percent, whereas the 1 week rate was 7.00/7.05 percent.

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