PKR appreciates by 22 paisa at interbank trade

MG News | November 10, 2020 at 03:43 PM GMT+05:00

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November 10, 2020 (MLN): Pakistani rupee (PKR) appreciated by 22 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 158.69 per USD, against yesterday's closing of PKR 158.91 per USD.

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 158.83 and an intraday Low offer of 158.70.

Within the Open Market, PKR was traded at 158.00/159.00 per USD.

Alternatively, the currency lost 63 paisa to the Pound Sterling as the day's closing quote stood at PKR 209.66 per GBP, while the previous session closed at PKR 209.03 per GBP.

On the other hand, PKR's value strengthened by 80 paisa against EUR which closed at PKR 187.91 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.75/7.00 percent, whereas the 1 week rate was 6.95/7.00 percent.

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