PKR Weakens by 16 Paisa Against USD

Today, in the interbank session, PKR lost its value against USD. However, it gained value against GBP and EUR.

Pakistani Rupee - Foreign Currency (October 5th)

In the interbank session today, the Pakistani Rupee (PKR) depreciates by 16 paisa against USD. Today, PKR valued at 160.17 per USD against the previous day rate of PKR 160.02 per USD.

It is said that PKR remained witnessed a relatively dull trading session with very little intraday movement, trading in a range of 29 paisa per USD showing an intraday high bid of 160.10 and an intraday low offer of 159.90.

While within the Open Market, PKR was traded at 160/160.70 per USD.

On the other hand, PKR gained 16 paisa against GBP and closed at PKR 217.5 per GBP. Previously, PKR closed at PKR 217.65 per GBP.

In a similar way, PKR strengthened by 1 rupees against EUR and closed at PKR 195.87 per EUR.

It is said that the overnight repo rate towards the close of the session was 7.35/7.50 percent, whereas the 1-week rate was 7.05/7.15 percent.

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