PKR appreciates by 4 paisa at interbank trade

March 09, 2021 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 157.04

The rupee traded within a very narrow range of 18 paisa per USD showing an intraday high bid of 157.08 and an intraday Low offer of 156.95.

Within the Open Market, PKR was traded at 157.00/157.50 per USD.

Alternatively, the currency lost 1.1 rupees to the Pound Sterling as the day's closing quote stood at PKR 218.2 per GBP, while the previous session closed at PKR 217.1 per GBP.

Similarly, PKR's value weakened by 26 paisa against EUR which closed at PKR 186.83 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 7.05/7.15 percent, whereas the 1 week rate was 7.05/7.10 percent.

 

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Posted on: 2021-03-09T15:20:00+05:00

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