PKR trades 1 paisa lower against USD

MG News | February 03, 2020 at 04:45 PM GMT+05:00

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January 31, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 154.49.

The rupee traded within a very narrow range of 5 paisa per USD showing an intraday high bid of 154.55 and an intraday Low offer of 154.51.

Within the Open Market, PKR was traded at 154.00/154.80 per USD.

Meanwhile, the currency lost 2.3 rupees to the Pound Sterling as the day's closing quote stood at PKR 203 per GBP, while the previous session closed at PKR 200.73 per GBP.

Similarly, PKR's value weakened by 5 paisa against EUR which closed at PKR 170.28 at the interbank today.

Besides, SBP today conducted an outright purchase of GOP Ijara Sukuk (Bai-Muajjal basis) worth Rs 4.65 Billion at cut-off price of Rs109.7940.

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