Rupee strengthens against US in interbank market
In the open market, the greenback was traded at 166.70/168 per USD.
KARACHI (Dunya News) – Pakistani rupee (PKR) strengthened by 19 paisa against US Dollar (USD) in interbank market on Wednesday as the currency closed the day s trade at PKR 166.76 per USD, against yesterday s closing of PKR 166.95 per USD.
In the open market, the greenback was traded at 166.70/168 per USD.
Meanwhile, the currency lost 68 paisa to the Pound Sterling as the day s closing quote stood at Rs209.01 per GBP, while the previous session closed at Rs208.33 per GBP.
On the other hand, the PKR s value strengthened by 11 paisa against EUR which closed at Rs188.19 at the interbank today.
On another note, within the money market, the overnight repo rate towards close of the session was 6.50/6.75 percent, whereas the 1 week rate was 6.85/6.95 percent.
