PKR weakens by 1 paisa against greenback

By MG News | December 10, 2019 at 04:05 PM GMT+05:00

0:00

December 10, 2019 (MLN): Pakistani rupee (PKR) closed today's trading session relatively unchanged against the USD with the rate remaing stable at PKR 154.98

The rupee traded within a very narrow range of 6 paisa per USD showing an intraday high bid of 155.00 and an intraday Low offer of 154.97.

Within the Open Market, PKR was traded at 154.50/155.20 per USD.

Alternatively, the currency gained 20 paisa against the Pound Sterling as the day's closing quote stood at PKR 203.85 per GBP, while the previous session closed at PKR 204.05 per GBP.

On the other hand, PKR's value weakened by 12 paisa against EUR which closed at PKR 171.63 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 12.90/13.10 percent, whereas the 1 week rate was 13.20/13.25 percent.

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