PKR appreciates by 2 paisa at interbank trade

August 21, 2019 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 158.58

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 18 paisa per USD showing an intraday high bid of 158.72 and an intraday Low offer of 158.57.

Within the Open Market, PKR was traded at 158.20/159.20 per USD.

Alternatively, the currency lost 77 paisa to the Pound Sterling as the day's closing quote stood at PKR 192.58 per GBP, while the previous session closed at PKR 191.8 per GBP.

Similarly, PKR's value weakened by 25 paisa against EUR which closed at PKR 175.97 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 12.80/13.00 percent, whereas the 1 week rate was 13.00/13.25 percent.

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Posted on: 2019-08-21T16:18:00+05:00