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

MPS Preview: High for Longer

PKR Appreciates further in early trade

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March 17, 2021 (MLN): The dollar continued to lose value against the PKR in the interbank as it declined by 45 paisa compared to previous close of 156.7158.

The Dollar opened at 156.40/156.50 and declined further to the current level of 156.25/156.30 (10:00 AM PST).

The Dollar is trading at its lowest level in over 52 weeks. The last time it was quoted at 156 was in early March 2020.

During FY21, PKR has appreciated by 7.55% against the USD while in CY21 the appreciation has been 2.29% with the Rupee gaining 1.18% in March 2021 so far.

 

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Posted on: 2021-03-17T10:12:00+05:00

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