PKR appreciates by 2.6 rupees

News Image

By MG News | April 17, 2020 at 12:16 PM GMT+05:00

0:00

April 17, 2020 (MLN): Pak rupee appreciated by Rs. 2.6 or 1.5% against the dollar during today’s session, after opening weaker in the interbank market.

Resultantly, the Dollar was quoted as low as 164.0/164.5 with trades reported at 164.40.

The highest trade reported during the session was 166.95, which was early in the session before the Rupee appreciated.

The approval of SDR 1,015.5 million under the Rapid Financing Instrument (RFI) by Executive Board of the International Monetary Fund (IMF) allowed the PKR to bounce back.

The debt rescheduling facilities, along with provision of funds by international institutions are expected result in further appreciation of the local currency over the year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,940.00 106,200.00
105,440.00
190.00
0.18%
BRENT CRUDE 67.23 67.29
67.05
0.12
0.18%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.53 65.65
65.34
0.08
0.12%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 01, 2025 at 10:04 PM GMT+05:00

Pakistan’s trade deficit improves by over 9% in June


July 01, 2025 at 05:24 PM GMT+05:00

Gold price in Pakistan rises Rs6,600 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg