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PKR appreciates by 71 paisa at interbank trade

March 03, 2021 (MLN): Pakistani rupee (PKR) appreciated by 71 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 157.13 per USD, against yesterday's closing of PKR 157.85 per USD.

The rupee traded within a range of 60 paisa per USD showing an intraday high bid of 157.55 and an intraday Low offer of 157.05.

Within the Open Market, PKR was traded at 157.20/157.80 per USD.

Alternatively, the currency lost 31 paisa to the Pound Sterling as the day's closing quote stood at PKR 219.49 per GBP, while the previous session closed at PKR 219.18 per GBP.

Similarly, PKR's value weakened by 18 paisa against EUR which closed at PKR 189.75 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.10/6.15 percent, whereas the 1 week rate was 6.80/6.90 percent.

 

Copyright Mettis Link News

Posted on: 2021-03-03T15:35:00+05:00

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