PKR weakens by 87 paisa against greenback

By 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	130,686.66 280.01M	0.26% 342.63
ALLSHR	81,305.25 897.01M	0.35% 281.26
KSE30	39,945.45 114.02M	0.09% 37.19
KMI30	190,698.05 148.61M	0.61% 1163.05
KMIALLSHR	55,074.15 495.43M	0.53% 290.50
BKTi	34,568.40 28.73M	-1.07% -372.33
OGTi	28,739.35 22.59M	1.57% 443.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,385.00	110,525.00 110,055.00	-30.00 -0.03%
BRENT CRUDE	68.74	68.89 68.71	-0.06 -0.09%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.01	67.18 66.99	0.01 0.01%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%