PKR appreciates by 13 paisa at interbank trade

February 24, 2021 (MLN): Pakistani rupee (PKR) appreciated by 13 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 158.76 per USD, against yesterday's closing of PKR 158.89 per USD.

The rupee traded within a very narrow range of 15 paisa per USD showing an intraday high bid of 158.83 and an intraday Low offer of 158.73.

Within the Open Market, PKR was traded at 158.80/159.20 per USD.

Alternatively, the currency lost 1.4 rupees to the Pound Sterling as the day's closing quote stood at PKR 225.06 per GBP, while the previous session closed at PKR 223.63 per GBP.

On the other hand, PKR's value strengthened by 10 paisa against EUR which closed at PKR 193.08 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 7.10/7.15 percent, whereas the 1 week rate was 7.00/7.05 percent.

 

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Posted on: 2021-02-24T15:30:00+05:00

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