PKR depreciates by 5 paisa at interbank trade

MG News | December 02, 2019 at 04:06 PM GMT+05:00

0:00

December 02, 2019 (MLN): Pakistani rupee (PKR) depreciated by 5 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 155.29 per USD, against last session's closing of PKR 155.24 per USD.

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 6 paisa per USD showing an intraday high bid of 155.32 and an intraday Low offer of 155.30.

Within the Open Market, PKR was traded at 155.00/155.80 per USD.

Meanwhile, the currency lost 6 paisa to the Pound Sterling as the day's closing quote stood at PKR 200.35 per GBP, while the previous session closed at PKR 200.29 per GBP.

Similarly, PKR's value weakened by 10 paisa against EUR which closed at PKR 171 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 12.75/13.00 percent, whereas the 1 week rate was 13.15/13.25 percent.

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