Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PKR appreciates by Rs.1 against EUR

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April 19, 2019 (MLN): The Pakistani Rupee (PKR) has closed the week at 141.39 per US Dollar (USD), marking no change over the course of the week.

Meanwhile the local currency has appreciated by 17 paisa against GBP as it closed the interbank trade at PKR 183.83 per GBP against yesterday’s closing of PKR 184 per GBP. Compared to last week, the Rupee has appreciated by 97 paisa against GBP.

Similarly, the value of PKR against EUR has appreciated by 20 paisa today, and by 1 rupee over the week.

In the money market, the SBP conducted a 7 day Open Market Operation in which it mopped up Rs.599.1 billion from the market.

Meanwhile the Overnight repo rate towards close of session was 10.90/11.00 percent and 1 Week rate was 10.65/10.75 percent.

Copyright Mettis Link News

Posted on: 2019-04-19T18:09:00+05:00

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