Pakistani Rupee holds its ground

MG News | June 11, 2020 at 03:30 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 11, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 164.59.

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 40 paisa per USD showing an intraday high bid of 164.80 and an intraday Low offer of 164.50.

Within the Open Market, PKR was traded at 163.80/165.50 per USD.

Alternatively, the currency gained 1.5 rupees against the Pound Sterling as the day's closing quote stood at PKR 208.75 per GBP, while the previous session closed at PKR 210.22 per GBP.

On the other hand, PKR's value weakened by 3 paisa against EUR which closed at PKR 187.17 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 200 billion for 1 day at 8.05 percent.

The overnight repo rate towards close of the session was 8.05/8.25 percent, whereas the 1 week rate was 8.02/8.05 percent.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,802.79 267.06M	-1.30% -2320.78
ALLSHR	106,568.29 617.78M	-1.25% -1352.24
KSE30	52,497.68 83.82M	-1.25% -665.92
KMI30	247,323.37 106.69M	-1.37% -3422.76
KMIALLSHR	68,315.26 363.70M	-1.37% -952.13
BKTi	49,936.11 23.35M	-1.18% -594.28
OGTi	34,758.02 9.23M	-1.71% -605.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,700.00	65,000.00 63,980.00	430.00 0.67%
BRENT CRUDE	88.26	88.38 83.71	4.03 4.78%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.65 -0.61%
ROTTERDAM COAL MONTHLY	119.80	120.30 119.80	0.00 0.00%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	81.77	82.07 77.93	3.49 4.46%
SUGAR #11 WORLD	14.82	14.94 14.39	0.38 2.63%