PKR weakens by 87 paisa against greenback

MG News | March 10, 2020 at 04:20 PM GMT+05:00

0:00

March 10, 2020 (MLN): Pakistani rupee (PKR) depreciated by 87 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 157.45 per USD, against yesterday's closing of PKR 156.58 per USD.

1.75 rupees per USD showing an intraday high bid of 158.15 and an intraday Low offer of 156.70.

Within the Open Market, PKR was traded at 156.50/158.50 per USD.

Meanwhile, the currency lost 5 paisa to the Pound Sterling as the day's closing quote stood at PKR 205.72 per GBP, while the previous session closed at PKR 205.67 per GBP.

Similarly, PKR's value weakened by 48 paisa against EUR which closed at PKR 178.78 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.10 billion for 3 days at 13.26 percent.

The overnight repo rate towards close of the session was 13.00/13.10 percent, whereas the 1 week rate was 13.20/13.25 percent.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,830.22 319.89M	-0.14% -243.51
ALLSHR	102,922.38 808.59M	-0.19% -197.80
KSE30	52,169.49 112.77M	-0.13% -68.01
KMI30	242,960.31 62.27M	-0.31% -745.44
KMIALLSHR	66,780.42 307.03M	-0.21% -140.25
BKTi	47,435.60 66.45M	0.00% 0.50
OGTi	33,373.62 6.42M	0.72% 237.60

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,830.00	88,175.00 86,760.00	-310.00 -0.35%
BRENT CRUDE	62.28	62.73 62.02	-0.10 -0.16%
RICHARDS BAY COAL MONTHLY	87.50	0.00 0.00	1.30 1.51%
ROTTERDAM COAL MONTHLY	94.50	0.00 0.00	0.45 0.48%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.40	58.75 58.13	0.02 0.03%
SUGAR #11 WORLD	15.30	15.34 15.16	0.10 0.66%