PKR depreciates by 22 paisa over the week

August 17, 2019 (MLN): Pakistani rupee (PKR) appreciated by 29 paisa against US Dollar (USD) in today’s interbank session as the currency closed the day’s trade at PKR 158.67 per USD, against yesterday’s closing of PKR 158.96 per USD.

The rupee traded within a very narrow range of 19 paisa per USD showing an intraday high bid of 158.75 and an intraday Low offer of 158.70.

During the week, the currency has lost 22 paisa against the greenback, as the previous week was concluded at PKR 158.45 per USD.

Within the Open Market, PKR was traded at 158.00/159.50 per USD.

On another note, within the money market, the overnight repo rate towards close of the session was 13.40/13.50 percent.

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Posted on: 2019-08-17T16:55:00+05:00