PKR gains more than three rupees in intraday
MG News | April 08, 2022 at 12:24 PM GMT+05:00
April 08, 2022 (MLN): After enduring a bleak phase of depreciation for over a month, the Pakistani rupee (PKR) on Friday has taken a U-turn as the currency started gaining its ground back. In the intraday trade the local unit has recovered by 3.18 rupees [12:25 PST] against the US dollar.
At the same time, the dollar was being quoted at 185/185.50 when compared to the previous close of Rs188.18.
This notable appreciation is linked to the SBP's bold move to raise the policy rate by 250bps.
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|---|---|---|
| KSE100 | 175,927.74 343.88M | 0.07% 124.95 |
| ALLSHR | 106,419.79 671.14M | -0.14% -148.49 |
| KSE30 | 52,615.81 89.17M | 0.23% 118.13 |
| KMI30 | 247,816.35 125.20M | 0.20% 492.98 |
| KMIALLSHR | 68,232.70 442.45M | -0.12% -82.56 |
| BKTi | 50,085.21 22.82M | 0.30% 149.09 |
| OGTi | 34,742.63 8.07M | -0.04% -15.39 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 65,455.00 | 65,505.00 65,165.00 | 270.00 0.41% |
| BRENT CRUDE | 88.88 | 88.96 88.77 | -0.34 -0.38% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.25 -1.17% |
| ROTTERDAM COAL MONTHLY | 119.80 | 0.00 0.00 | 0.10 0.08% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 82.46 | 82.74 82.32 | -0.02 -0.02% |
| SUGAR #11 WORLD | 14.81 | 14.94 14.73 | -0.02 -0.13% |
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