PKR strengthens by 2 paisa against greenback

MG News | October 15, 2019 at 04:57 PM GMT+05:00

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October 15, 2019 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 156.06

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 3 paisa per USD showing an intraday high bid of 156.07 and an intraday Low offer of 156.05.

Within the Open Market, PKR was traded at 155.50/156.50 per USD.

Alternatively, the currency lost 58 paisa to the Pound Sterling as the day's closing quote stood at PKR 196.82 per GBP, while the previous session closed at PKR 196.23 per GBP.

On the other hand, PKR's value strengthened by 19 paisa against EUR which closed at PKR 172.03 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.10/13.25 percent, whereas the 1 week rate was 13.25/13.35 percent.

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