PKR weakens by 32 paisa against greenback

MG News | July 16, 2020 at 03:39 PM GMT+05:00

0:00

July 16, 2020 (MLN): Pakistani rupee (PKR) depreciated by 32 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 166.99 per USD, against yesterday's closing of PKR 166.67 per USD.

The rupee traded within a very narrow range of 34 paisa per USD showing an intraday high bid of 167.10 and an intraday Low offer of 166.85.

Within the Open Market, PKR was traded at 166.60/167.50 per USD.

Alternatively, the currency gained 95 paisa against the Pound Sterling as the day's closing quote stood at PKR 209.37 per GBP, while the previous session closed at PKR 210.33 per GBP.

Similarly, PKR's value strengthened by 30 paisa against EUR which closed at PKR 190.36 at the interbank today.

On another note, within the money market, the State Bank of Pakistan (SBP) conducted an Open Market Operation in which it injected Rs.143 billion for 8 days at 7.01 percent.

The overnight repo rate towards close of the session was 6.90/7.00 percent, whereas the 1 week rate was 7.10/7.40 percent.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	141,034.99 304.55M	1.18% 1644.56
ALLSHR	87,318.24 607.11M	1.23% 1057.27
KSE30	43,334.54 168.35M	1.68% 715.94
KMI30	201,116.98 176.63M	2.14% 4209.12
KMIALLSHR	58,357.22 362.26M	1.89% 1080.35
BKTi	38,265.16 18.85M	1.18% 444.89
OGTi	29,938.42 82.25M	6.11% 1723.79

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	114,265.00	117,125.00 113,440.00	-3170.00 -2.70%
BRENT CRUDE	69.52	72.00 69.40	-2.18 -3.04%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.26	69.58 67.05	-2.00 -2.89%
SUGAR #11 WORLD	16.20	16.42 16.12	-0.15 -0.92%