In the interbank session today, PKR remained stable against USD. The Pakistani Rupee, today, closed at PKR 160.37.
It is stated that PKR traded within a very narrow range of 15 paisa per USD showing an intraday high bid of 160.40 and a low offer of 160.32. Whereas, within the Open Market, the rupee was traded at 160/160.7 per USD.
However, against GBP, PKR depreciated by 60 paisa and closed at PKR 217.23 per GBP. The PKR to GBP rate was PKR 216.62.
In the forex market, PKR appreciated by 48 paisa against EUR and closed at PKR 195.01.
It is further informed that the overnight repo rate towards the end of the session was 7.20/7.30% within the money market, while the 1-week rate was 7.05/7.10%.