PKR edges higher against USD

MG News | June 02, 2026 at 03:42 PM GMT+05:00

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June 02, 2026 (MLN): The Pakistani rupee (PKR) continued its appreciating trend against the US dollar, posting a marginal gain of 0.94 paisa in Tuesday’s interbank session to close at PKR 278.46 per USD compared with the previous close of 278.47.

During the day, the currency recorded an intraday high (bid) of 278.50 and a low (ask) of 278.45.

In the open market, exchange companies quoted the dollar at 278.70 for buying and 279.55 for selling.

Against other major currencies, the rupee showed mixed performance.

It strengthened against the euro by 24.78 paisa to settle at 324.41, while it weakened against the British pound by 15.43 paisa to close at 375.19.

The local unit gained 69.17 paisa against the Swiss franc to finish at 354.84 and edged up 0.25 paisa against the Japanese yen to 1.7439.

In contrast, the rupee depreciated 1.87 paisa against the Chinese yuan to 41.18. It appreciated slightly against the Saudi riyal by 0.65 paisa to 74.20, while slipping marginally by 0.05 paisa against the UAE dirham to close at 75.82.

On a broader basis, the rupee has gained PKR 5.30 (1.90%) against the US dollar during the current fiscal year and is up PKR 1.66 (0.60%) so far in the calendar year.

In the money market, the benchmark 6-month Karachi Interbank Bid and Offer rates remained unchanged at 12.23% and 12.48%, respectively.

Performance Summary

Currency	Jun 02, 2026	Jun 01, 2026	1D		7D		1M		FYTD		CYTD
USD	278.4634	278.4728	0.0094	0.00%	0.0480	0.02%	0.3101	0.11%	5.3011	1.90%	1.6597	0.60%
EUR	324.4098	324.6576	0.2478	0.08%	-0.3479	-0.11%	1.2813	0.39%	8.2473	2.54%	4.4407	1.37%
GBP	375.1876	375.0333	-0.1543	-0.04%	0.2875	0.08%	0.9057	0.24%	13.6690	3.64%	1.9842	0.53%
CHF	354.8434	355.5351	0.6917	0.19%	1.2410	0.35%	-2.0772	-0.59%	0.4840	0.14%	-1.6208	-0.46%
JPY	1.7439	1.7464	0.0025	0.14%	0.0080	0.46%	-0.0029	-0.17%	0.2261	12.97%	0.0453	2.60%
SAR	74.1995	74.2060	0.0065	0.01%	0.0227	0.03%	0.1302	0.18%	1.4609	1.97%	0.4950	0.67%
AED	75.8208	75.8203	-0.0005	-0.00%	0.0090	0.01%	0.0772	0.10%	1.4466	1.91%	0.4551	0.60%
CNY	41.1782	41.1595	-0.0187	-0.05%	-0.1240	-0.30%	-0.3858	-0.94%	-1.5748	-3.82%	-1.1054	-2.68%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	278.4634	284.9710	6.5076	0.00%	2.34%	02-Jun-26	22-Jul-25	0	315
EUR	319.5489	335.6068	16.0579	-1.50%	3.45%	16-Mar-26	28-Jan-26	78	125
GBP	366.2051	390.0418	23.8367	-2.39%	3.96%	05-Nov-25	26-Jun-25	209	341
CHF	342.6899	365.8872	23.1973	-3.43%	3.11%	04-Jun-25	28-Jan-26	363	125
JPY	1.7410	1.9757	0.2347	-0.17%	13.29%	30-Apr-26	03-Jun-25	33	364
SAR	74.1995	75.9801	1.7806	0.00%	2.40%	02-Jun-26	16-Jul-25	0	321
AED	75.8203	77.5864	1.7661	-0.00%	2.33%	01-Jun-26	22-Jul-25	1	315
CNY	39.1639	41.1782	2.0143	-4.89%	0.00%	02-Jun-25	02-Jun-26	365	0

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