PKR appreciates by 92 paisa against GBP

MG News | April 24, 2019 at 05:59 PM GMT+05:00

0:00

April 24, 2019 (MLN): The Pakistani Rupee (PKR) was stable against US Dollar (USD) in today’s trade at interbank, but the currency gained value against GBP and EUR both.

At today’s interbank session, PKR appreciated by 92 paisa against GBP as the quote came down from PKR 183.78 per GBP recorded yesterday, to PKR 182.86 per GBP recorded today.

Similarly, the local currency appreciated by 48 paisa against EUR at today’s session closed at PKR 158.64 per EUR.

The open market rates for today are recorded at PKR 141.00/142.50 per USD.

Within the money market, a Treasury Bill auction is scheduled for today with the SBP receiving bids worth Rs.1.776 trillion against an auction target of Rs.150 Billion.

Meanwhile the Overnight repo rate towards close of session was 10.70/10.90 percent and 1 Week rate was 10.60/10.80 percent.

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