PKR recovers in early trade

MG News | June 24, 2021 at 10:03 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 24, 2021 (MLN): The Pakistani Rupee (PKR) has appreciated by 80 paisa against the US Dollar (USD) in the early trade on Thursday at the interbank market.

The dollar is being quoted at 157.70/157.80 (9:54 PST) compared to the previous day’s close of 158.53.

“Yesterday, State Bank of Pakistan (SBP) invited few Bank Treasurers that are actively involved in the market & told them not to panic as FX position is under control,” Asad Rizvi, Former Treasury Head-Chase Manhattan Bank said via his Twitter handle this morning.

He noted that banks were asked to use their NOP limit more effectively. This should help to stabilize the market, suggesting a strong rupee opening.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,013.48 371.01M	2.38% 3994.62
ALLSHR	103,148.97 839.44M	2.13% 2147.61
KSE30	50,618.51 237.90M	2.44% 1206.74
KMI30	246,398.18 133.03M	2.42% 5817.20
KMIALLSHR	66,639.08 402.94M	2.04% 1329.92
BKTi	47,126.50 83.39M	2.61% 1200.64
OGTi	34,400.13 6.65M	1.60% 541.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,060.00	77,430.00 76,450.00	220.00 0.29%
BRENT CRUDE	105.86	107.24 104.27	1.09 1.04%
RICHARDS BAY COAL MONTHLY	129.00	129.00 129.00	0.75 0.58%
ROTTERDAM COAL MONTHLY	142.50	0.00 0.00	0.35 0.25%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	97.43	98.69 96.12	0.97 1.01%
SUGAR #11 WORLD	18.46	19.06 18.39	-0.60 -3.15%