PKR trades 81 paisa lower against USD

MG News | June 02, 2020 at 04:15 PM GMT+05:00

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June 02, 2020 (MLN): Pakistani rupee (PKR) depreciated by 81 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 164.9 per USD, against yesterday's closing of PKR 164.08 per USD.

2.05 rupees per USD showing an intraday high bid of 166.00 and an intraday Low offer of 164.20.

Within the Open Market, PKR was traded at 164/165.5 per USD.

Meanwhile, the currency lost 3.3 rupees to the Pound Sterling as the day's closing quote stood at PKR 206.91 per GBP, while the previous session closed at PKR 203.66 per GBP.

Similarly, PKR's value weakened by 1.3 rupees against EUR which closed at PKR 184.1 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 8.15/8.30 percent, whereas the 1 week rate was 8.00/8.05 percent.

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