PKR appreciates by 5 paisa at interbank trade

MG News | February 12, 2020 at 03:57 PM GMT+05:00

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February 12, 2020 (MLN): Pakistani rupee (PKR) appreciated by 5 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 154.36 per USD, against yesterday's closing of PKR 154.42 per USD.

The rupee traded within a very narrow range of 6 paisa per USD showing an intraday high bid of 154.40 and an intraday Low offer of 154.36.

Within the Open Market, PKR was traded at 154.20/70 per USD.

Alternatively, the currency lost 90 paisa to the Pound Sterling as the day's closing quote stood at PKR 200.3 per GBP, while the previous session closed at PKR 199.4 per GBP.

Similarly, PKR's value weakened by 4 paisa against EUR which closed at PKR 168.59 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 12.75/12.90 percent, whereas the 1 week rate was 13.15/13.20 percent.

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