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PKR appreciates by 13 paisa at interbank trade

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July 29, 2019 (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 160.45 per USD, against last session's closing of PKR 160.59 per USD.

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 30 paisa per USD showing an intraday high bid of 160.65 and an intraday Low offer of 160.40.

Within the Open Market, PKR was traded at 159.50/161.00 per USD.

Meanwhile, the currency gained 1.9 rupees against the Pound Sterling as the day's closing quote stood at PKR 197.81 per GBP, while the previous session closed at PKR 199.76 per GBP.

Similarly, PKR's value strengthened by 41 paisa against EUR which closed at PKR 178.46 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.30/13.45 percent, whereas the 1 week rate was 13.50/13.75 percent.

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Posted on: 2019-07-29T15:49:00+05:00

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