Pak Rupee loses over 11 paisa against USD

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MG News | October 24, 2024 at 04:08 PM GMT+05:00

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October 24, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 11.42 paisa or 0.04% against the US dollar in Thursday's interbank session to settle the trade at PKR 277.84 per USD, compared to previous closing of 277.73.

Throughout the day, the currency saw an intraday high (bid) of 277.90 and a low (ask) of 277.80.

In comparison to major currencies, PKR fell 62.32 paisa or 0.21% against the Euro, closing at 300.08 compared to the previous value of 299.46.

Against the British Pound, PKR deteriorated by 32.86 paisa or 0.09% to 360.40 compared to 360.07 a day ago.

The local unit weakened 72.29 paisa or 0.23% against Swiss franc to close at 320.78.

Against the Japanese Yen, PKR's value depreciated 0.27 paisa or 0.15% to close the session at 1.8256 versus 1.8229 a day ago.

Pakistani Rupee fell 9.30 paisa or 0.24% against Chinese Yuan to close at 39.07 from 38.98.

The local currency depreciated by 2.25 paisa or 0.03% against Saudi Riyal to 73.98. While it weakened by 3.11 paisa or 0.04% against the U.A.E Dirham to close at 75.64.

During the current fiscal year, PKR has strengthened against the US Dollar by 49.89 paisa or 0.18%. While it has gained 4.02 rupees or 1.45% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates fell by 19 bps to 13.99% and 14.24%.

Performance Summary

Currency Oct 24, 2024 Oct 23, 2024 1D 7D 1M FYTD CYTD
USD 277.8423 277.7281 -0.1142 -0.04% -0.0500 -0.02% -0.0394 -0.01% 0.4989 0.18% 4.0184 1.45%
EUR 300.0835 299.4603 -0.6232 -0.21% 1.4461 0.48% 9.2362 3.08% -2.3975 -0.80% 11.4148 3.80%
GBP 360.4031 360.0745 -0.3286 -0.09% 0.4351 0.12% 10.6166 2.95% -8.4823 -2.35% -1.8059 -0.50%
CHF 320.7784 320.0555 -0.7229 -0.23% 0.2388 0.07% 7.0321 2.19% -11.3728 -3.55% 14.2914 4.46%
JPY 1.8256 1.8229 -0.0027 -0.15% 0.0293 1.60% 0.0991 5.43% -0.0958 -5.24% 0.1639 8.98%
SAR 73.9847 73.9622 -0.0225 -0.03% -0.0172 -0.02% 0.0645 0.09% 0.2100 0.28% 1.1781 1.59%
AED 75.6435 75.6124 -0.0311 -0.04% -0.0136 -0.02% -0.0097 -0.01% 0.1369 0.18% 1.0992 1.45%
CNY 39.0727 38.9797 -0.0930 -0.24% -0.0991 -0.25% 0.4067 1.04% -0.7675 -1.96% 0.5587 1.43%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 277.5179 288.1406 10.6227 -0.12% 3.71% 04-Oct-24 15-Nov-23 20 344
EUR 295.5256 313.4962 17.9706 -1.52% 4.47% 26-Oct-23 29-Nov-23 364 330
GBP 338.7298 372.1217 33.3919 -6.01% 3.25% 26-Oct-23 30-Sep-24 364 24
CHF 304.0534 335.8529 31.7996 -5.21% 4.70% 27-May-24 28-Dec-23 150 301
JPY 1.7211 2.0020 0.2809 -5.72% 9.66% 03-Jul-24 28-Dec-23 113 301
SAR 73.8767 76.8293 2.9526 -0.15% 3.84% 04-Oct-24 15-Nov-23 20 344
AED 75.5541 78.4505 2.8964 -0.12% 3.71% 04-Oct-24 15-Nov-23 20 344
CNY 38.2302 40.0793 1.8491 -2.16% 2.58% 24-Oct-23 21-Nov-23 366 338

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