Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

PKR stands firm against dollar

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January 28, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 154.57

The rupee traded within a very narrow range of 6 paisa per USD showing an intraday high bid of 154.60 and an intraday Low offer of 154.55.

Within the Open Market, PKR was traded at 154.30/155.20 per USD.

Meanwhile, the currency gained 85 paisa against the Pound Sterling as the day's closing quote stood at PKR 201.15 per GBP, while the previous session closed at PKR 201.99 per GBP.

Similarly, PKR's value strengthened by 6 paisa against EUR which closed at PKR 170.29 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.10/13.30 percent, whereas the 1 week rate was 13.15/13.30 percent.

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Posted on: 2020-01-28T16:27:00+05:00