PKR appreciates by around one rupee in early trade on Chinese $2.3bn inflow

News Image

MG News | June 27, 2022 at 09:49 AM GMT+05:00

Join our Whatsapp channel
0:00

June 27, 2022 (MLN): The Pakistani rupee (PKR) on Monday gained around one rupee against the greenback in early trade as the local unit is being traded at 207.03/207.53 per USD [9:49 PST], compared to the previous close of PKR207.48 per USD.

The positive sentiments stemmed in the interbank market after the State Bank of Pakistan (SBP) had received a $2.3 billion loan from a Chinese consortium on Friday.

As per expectations, in the wake of depleting foreign exchange reserves, the inflow has given some respite to the deteriorating rupee-dollar parity.

Meanwhile, the International Monetary Fund (IMF) is expected to send the draft of the Memorandum of Economic and Financial Policies (MEFP) to Pakistan today which would be a crucial step to validate that both sides have reached an agreement for the revival of $6bn program.

Copyright Mettis Link News

Related News

News
NBP issues foreign exchange rates
News
PKR remains flat against USD
News
NBP issues foreign exchange rates
Name Price/Vol %Chg/NChg
KSE100 149,113.30
63.57M 		-0.85%
-1285.41
ALLSHR 89,502.38
101.16M 		-0.65%
-581.71
KSE30 44,975.16
23.37M 		-1.05%
-478.19
KMI30 216,967.71
41.22M 		-0.60%
-1303.41
KMIALLSHR 58,727.80
63.48M 		-0.40%
-237.69
BKTi 40,951.11
10.85M 		-1.97%
-824.23
OGTi 31,316.70
1.91M 		-0.04%
-11.72
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,460.00 69,870.00
67,570.00 		2325.00
3.46%
BRENT CRUDE 110.03 111.89
109.00 		1.00
0.92%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00 		6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00 		-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00 		0.00
0.00%
CRUDE OIL - WTI 111.88 115.48
109.50 		0.34
0.30%
SUGAR #11 WORLD 14.96 15.50
14.91 		-0.33
-2.16%
Chart of the Day
Latest News
April 06, 2026 at 10:43 AM GMT+05:00

Govt begins disbursing subsidies via digital wallets

April 06, 2026 at 10:18 AM GMT+05:00

Short term bond yields spike on Iran conflict

April 06, 2026 at 10:00 AM GMT+05:00

Pakistan, Türkiye to sign judicial cooperation MoU

April 06, 2026 at 09:48 AM GMT+05:00

NBP issues foreign exchange rates

April 06, 2026 at 09:43 AM GMT+05:00

Asia markets climb amid Middle East tensions, oil surge

Top 5 things to watch in this week
Central Government Debt
Workers' Remittances
Car Sales
National Savings
Foreign Exchange Reserves
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg