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

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PKR stands firm against dollar

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December 29, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remained stable at PKR 160.39.

The rupee traded within a very narrow range of 11 paisa per USD showing an intraday high bid of 160.42 and an intraday Low offer of 160.35.

Within the Open Market, PKR was traded at 160.35/161 per USD.

Alternatively, the currency gained 69 paisa against the Pound Sterling as the day's closing quote stood at PKR 216.87 per GBP, while the previous session closed at PKR 217.57 per GBP.

On the other hand, PKR's value weakened by 35 paisa against EUR which closed at PKR 196.58 at the interbank today.

On another note, within the money market, the overnight repo rate towards the close of the session was 7.35/7.40 percent, whereas the 1-week rate was 7.15/7.25 percent.

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Posted on: 2020-12-29T15:08:00+05:00

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