Pakistani Rupee holds its ground

MG News | April 13, 2020 at 04:34 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 13, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 166.83.

The rupee traded within a very narrow range of 20 paisa per USD showing an intraday high bid of 166.80 and an intraday Low offer of 166.70.

Within the Open Market, PKR was traded at 167/168.5 per USD.

Meanwhile, the currency lost 67 paisa to the Pound Sterling as the day's closing quote stood at PKR 208.7 per GBP, while the previous session closed at PKR 208.04 per GBP.

On the other hand, PKR's value strengthened by 5 paisa against EUR which closed at PKR 182.38 at the interbank today.

On another note, within the money market, the State Bank of Pakistan (SBP) conducted an Open Market Operation in which it injected Rs.107.5 billion for 4 days at 11.01 percent.

The overnight repo rate towards close of the session was 10.90/11.10 percent, whereas the 1 week rate was 10.95/11.00 percent.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,846.68 370.24M	-0.81% -1463.60
ALLSHR	108,777.96 842.70M	-0.57% -624.36
KSE30	53,571.08 118.45M	-0.81% -434.78
KMI30	253,007.72 126.35M	-1.06% -2717.47
KMIALLSHR	69,727.55 549.62M	-0.70% -488.73
BKTi	52,178.22 35.92M	-0.12% -62.01
OGTi	35,518.90 13.54M	-0.77% -274.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,340.00	64,610.00 63,880.00	220.00 0.34%
BRENT CRUDE	87.43	90.03 86.60	-0.29 -0.33%
RICHARDS BAY COAL MONTHLY	105.50	0.00 0.00	-4.00 -3.65%
ROTTERDAM COAL MONTHLY	122.00	122.00 122.00	0.75 0.62%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	81.96	84.61 81.48	-0.17 -0.21%
SUGAR #11 WORLD	16.58	16.63 16.33	0.11 0.67%