PKR edges higher against USD

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

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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