PKR appreciates by 19 paisa at interbank trade

March 02, 2021 (MLN): Pakistani rupee (PKR) appreciated by 19 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 157.85 per USD, against yesterday's closing of PKR 158.04 per USD.

The rupee traded in a range of 37 paisa per USD showing an intraday high bid of 158.00 and an intraday Low offer of 157.68.

Within the Open Market, PKR was traded at 157.75/158.25 per USD.

Meanwhile, the currency gained 1.3 rupees against the Pound Sterling as the day's closing quote stood at PKR 219.18 per GBP, while the previous session closed at PKR 220.46 per GBP.

Similarly, PKR's value strengthened by 93 paisa against EUR which closed at PKR 189.56 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.20/6.50 percent, whereas the 1 week rate was 6.80/6.95 percent.

 

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Posted on: 2021-03-02T15:45:00+05:00

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