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Mettis Global News
Mettis Global News

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PKR depreciates by 3 rupees against GBP

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March 12, 2019 (MLN): The value of Pakistani Rupee (PKR) against US dollar (USD) did not change in today’s session at interbank, holding still at Rs.138.8 per USD at today’s close.

However the local currency depreciated by PKR 3 against Pound Sterling (GBP) and by 50 paisa against Euro (EUR).

The interbank market closed with Rupee trading at PKR 183.5 per GBP, down from Rs.180.2 per GBP. On the other hand, the trade against EUR closed at PKR.156.6 per EUR, down from PKR 156.1 per EUR recorded yesterday.

The surge in sterling came as regional equity markets pushed higher following a positive lead from Wall Street, with tech firms tracking an upbeat outlook for Apple, energy firms rising with oil prices and dealers cheered by improving US retail sales.

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Posted on: 2019-03-12T17:24:00+05:00

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