PKR trades 3 paisa lower against USD

MG News | January 02, 2020 at 04:08 PM GMT+05:00

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January 02, 2020 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 154.88.

The rupee traded within a very narrow range of 12 paisa per USD showing an intraday high bid of 154.93 and an intraday Low offer of 154.85.

Within the Open Market, PKR was traded at 154.50/155.30 per USD.

Meanwhile, the currency lost 1.3 rupees to the Pound Sterling as the day's closing quote stood at PKR 204.74 per GBP, while the previous session closed at PKR 203.45 per GBP.

Similarly, PKR's value weakened by 6 paisa against EUR which closed at PKR 173.64 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 13.25/13.30 percent.

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