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Mettis Global News
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PKR weakens by 34 paisa against greenback

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July 22, 2019 (MLN): Pakistani rupee (PKR) depreciated by 34 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 160.53 per USD, against last session's closing of PKR 160.19 per USD.

The Rupee saw moderate volatility in today’s session and traded in a range of 39 paisa per USD showing an intraday high bid of 160.65 and an intraday Low offer of 160.40.

Within the Open Market, PKR was traded at 159.80/161.40 per USD.

Alternatively, the currency gained 38 paisa against the Pound Sterling as the day's closing quote stood at PKR 200.09 per GBP, while the previous session closed at PKR 200.47 per GBP.

Similarly, PKR's value strengthened by 9 paisa against EUR which closed at PKR 180.06 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.35/13.40 percent, whereas the 1 week rate was 13.35/13.45 percent.

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Posted on: 2019-07-22T16:12:00+05:00