PKR trades 20 paisa lower against USD

MG News | September 14, 2020 at 03:25 PM GMT+05:00

0:00

September 14, 2020 (MLN): Pakistani rupee (PKR) depreciated by 20 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 166.17 per USD, against last session's closing of PKR 165.97 per USD.

The rupee traded within a very narrow range of 25 paisa per USD showing an intraday high bid of 166.20 and an intraday Low offer of 166.10.

Within the Open Market, PKR was quoted at 165.80/166.50 per USD.

Meanwhile, the currency lost 61 paisa to the Pound Sterling as the day's closing quote stood at PKR 213.61 per GBP, while the previous session closed at PKR 213.01 per GBP.

Similarly, PKR's value weakened by 74 paisa against EUR which closed at PKR 197.18 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 6.00/6.10 percent, whereas the 1 week rate was 6.65/6.80 percent.

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