PKR depreciates by 45 paisa at interbank trade

February 15, 2021 (MLN): Pakistani rupee (PKR) depreciated by 45 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 159.27 per USD, against last session's closing of PKR 158.82 per USD.

The rupee traded within a  range of 61 paisa per USD showing an intraday high bid of 159.28 and an intraday Low offer of 158.75.

Within the Open Market, PKR was quoted at 159.00/159.50 per USD.

Meanwhile, the currency lost 2.5 rupees to the Pound Sterling as the day's closing quote stood at PKR 221.39 per GBP, while the previous session closed at PKR 218.92 per GBP.

Similarly, PKR's value weakened by 1.1 rupees against EUR which closed at PKR 193.33 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.90/7.05 percent, whereas the 1 week rate was 7.00/7.05 percent.


Copyright Mettis Link News

Posted on: 2021-02-15T15:15:00+05:00