PKR loses another 1.8 rupees to greenback

News Image

By MG News | May 20, 2019 at 03:32 PM GMT+05:00

0:00

May 20, 2019 (MLN): Pakistani rupee (PKR) depreciated by 1.8 rupees against US Dollar (USD) at today's interbank session as the currency closed the day's trade at PKR 149.65 per USD, against previous session's closing of PKR 147.88 per USD.

Towards the end of today's session, tom settlement was traded at PKR 152 per USD and closed at PKR 150/150.5 against greenback.

Meanwhile, the currency lost 1.6 rupees against Pound Sterling as the day's closing quote stood at PKR 190.71 per GBP, while the previous session closed at PKR 189.08 per GBP.

Similarly, PKR's value weakened by 1.6 rupees against EUR which closed at PKR 166.92 at the interbank today.

Within the Open Market, PKR was traded at 149.50/151 per USD.

Today's depreciation has further weighed down Pakistan's external debt burden by Rs.187.57 billion which in dollar terms account for a $105.84 billion. Pakistan now owes external avenues a total of Rs.15.84 trillion.

On another note, within the money market, the State Bank of Pakistan (SBP) conducted an Open Market Operation in which it mopped up Rs.26.5 billion for 3 days at 10.69 percent.

Meanwhile, the overnight repo rate towards close of the session was 10/10.5 percent.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,940.00 107,955.00
107,505.00
-295.00
-0.27%
BRENT CRUDE 66.53 66.63
66.48
-0.21
-0.31%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.86 65.02
64.82
-0.25
-0.38%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg