PKR reaches an all-time low

MG News | March 26, 2020 at 12:16 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 26, 2020 (MLN): The Pakistani Rupee has depreciated by around 5.90 rupees in the intraday session and has reached an all time low of 167/167.5 against the US Dollar.

The high volatility in the trading of local currency has been caused by the outflow of funds in T-bills from the local markets by foreign investors via SCRA. The primary driver has been panic selling by foreign investors who are withdrawing from risky investments owing to worsening global economic situation.

It is pertinent to note that the PKR has depreciated by 8.6% since the start of the month and 3.65% as compared to yesterday’s close.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	180,613.38 305.71M	-0.89% -1628.40
ALLSHR	109,699.32 684.26M	-0.80% -884.35
KSE30	53,932.31 69.23M	-0.92% -499.40
KMI30	254,439.68 86.98M	-0.96% -2474.53
KMIALLSHR	70,401.69 449.90M	-0.90% -639.62
BKTi	51,287.36 14.38M	-0.82% -425.40
OGTi	36,357.39 5.78M	-0.82% -302.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,260.00	64,680.00 62,605.00	-825.00 -1.29%
BRENT CRUDE	77.76	79.80 77.54	1.75 2.30%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	118.00	0.00 0.00	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	72.99	75.08 72.75	1.58 2.21%
SUGAR #11 WORLD	14.66	14.98 14.66	-0.22 -1.48%