PKR stands firm against dollar

MG News | September 25, 2019 at 03:49 PM GMT+05:00

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September 25, 2019 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 156.17

The rupee traded within a very narrow range of 8 paisa per USD showing an intraday high bid of 156.18 and an intraday Low offer of 156.13.

Within the Open Market, PKR was traded at 155.50/156.75 per USD.

Alternatively, the currency gained 19 paisa against the Pound Sterling as the day's closing quote stood at PKR 194.14 per GBP, while the previous session closed at PKR 194.33 per GBP.

On the other hand, PKR's value weakened by 8 paisa against EUR which closed at PKR 171.8 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.40/13.50 percent, whereas the 1 week rate was 13.40/13.50 percent.

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