PKR falls to 175.60 in intraday

MG News | November 12, 2021 at 10:07 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 12, 2021 (MLN): Pakistani Rupee (PKR) has lost its ground by a further 1.41 rupees during the intraday trade as the currency fell to PKR 175.50 against USD (10:20 PST) on Friday. This was due to the delay in IMF announcement in the release of the committed tranche that created pressure on the home unit.

In an early-morning tweet, Former Treasury Head-Chase Manhattan Bank, Asad Rizvi said, “PKR that was holding up relatively well after the news of Saudi deposit & in hope of getting IMF nod lost nearly 440 paisa in 9-days due to delay.”

Last night, the Saudi ambassador’s tweet should help, but the IMF announcement delay could still keep the market nervous, he noted.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,587.88 92.15M	0.69% 1185.79
ALLSHR	104,439.42 386.96M	0.65% 676.68
KSE30	51,386.45 48.89M	0.76% 387.87
KMI30	246,858.02 49.84M	0.90% 2192.84
KMIALLSHR	67,742.78 233.68M	0.67% 451.85
BKTi	47,757.59 6.56M	0.59% 278.37
OGTi	35,388.10 2.88M	0.68% 239.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,435.00	87,350.00 86,065.00	145.00 0.17%
BRENT CRUDE	99.16	99.49 97.91	-0.09 -0.09%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.90 5.61%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.20 -0.15%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	89.70	90.38 88.71	-0.82 -0.91%
SUGAR #11 WORLD	18.50	18.58 18.50	-0.06 -0.32%