Pak Rupee loses over 13 paisa against USD

MG News | September 09, 2024 at 03:55 PM GMT+05:00

0:00

September 09, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 13.38 paisa or 0.05% against the US dollar in Monday's interbank session to settle the trade at PKR 278.7 per USD, compared to previous closing of 278.57.

Throughout the day, the currency saw an intraday high (bid) of 278.90 and a low (ask) of 278.70.

In the open market, exchange companies quoted the dollar at 279.10 for buying and 280.94 for selling.

In comparison to major currencies, PKR gained 1.37 rupees against the Euro, closing at 308.21 compared to the previous value of 309.58.

The British Pound became cheaper by 1.97 rupees closing at 365.22 compared to 367.19 from a day ago.

The Swiss franc saw losses of 1.44 rupees, closing at 329.37 compared to 330.82 from the previous session.

Against the Japanese Yen, PKR gained 0.74 paisa, closing at 1.9475 versus 1.9549 a day ago.

The Chinese Yuan lost 12.96 paisa, closing at 39.19 against 39.32 from the previous session.

The Saudi Riyal closed at 74.26 with a gain of 4.75 paisa from its value of 74.21 a day ago.

The U.A.E Dirham increased in value by 3.64 paisa from 75.88 a day ago to 75.84.

During the current financial year, PKR has depreciated against the Dollar by 35.88 paisa or 0.13%. While the current calendar year has seen PKR appreciate by 3.16 rupees or 1.13%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 4 bps to 17.51% and 17.76%.

Performance Summary

Currency	Sep 09, 2024	Sep 06, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.7	278.5662	-0.1338	-0.15	-0.3588	3.1607	-0.05%	-0.02%	-0.05%	-0.06%	-0.13%	1.13%
EUR	308.2143	309.5845	1.3702	-3.9959	-10.5283	3.284	0.44%	0.07%	-1.3%	0.19%	-3.42%	1.07%
GBP	365.2224	367.192	1.9696	-9.7229	-13.3016	-6.6252	0.54%	0.24%	-2.66%	0.58%	-3.64%	-1.81%
CHF	329.3742	330.8191	1.4449	-7.6672	-19.9686	5.6956	0.44%	-0.39%	-2.33%	-0.29%	-6.06%	1.73%
JPY	1.9475	1.9549	0.0074	-0.0552	-0.2177	0.042	0.38%	-2.34%	-2.83%	-1.36%	-11.18%	2.16%
SAR	74.2566	74.2091	-0.0475	-0.038	-0.0619	0.9062	-0.06%	0%	-0.05%	-0.04%	-0.08%	1.22%
AED	75.878	75.8416	-0.0364	-0.0408	-0.0976	0.8647	-0.05%	-0.02%	-0.05%	-0.06%	-0.13%	1.14%
CNY	39.1865	39.3161	0.1296	-0.3588	-0.8813	0.4449	0.33%	0.04%	-0.92%	0.27%	-2.25%	1.14%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.835	301.163	24.3279	-0.67%	8.06%	16-Oct-23	11-Sep-23	329	364
EUR	291.618	323.027	31.4094	-5.38%	4.81%	16-Oct-23	11-Sep-23	329	364
GBP	337.032	377.176	40.1438	-7.72%	3.27%	16-Oct-23	11-Sep-23	329	364
CHF	306.458	338.005	31.547	-6.96%	2.62%	13-Oct-23	11-Sep-23	332	364
JPY	1.851	2.0593	0.2083	-4.96%	5.74%	16-Oct-23	11-Sep-23	329	364
SAR	73.8029	80.2929	6.49	-0.61%	8.13%	16-Oct-23	11-Sep-23	329	364
AED	75.3681	81.9914	6.6233	-0.67%	8.06%	16-Oct-23	11-Sep-23	329	364
CNY	37.8634	41.3066	3.4432	-3.38%	5.41%	16-Oct-23	11-Sep-23	329	364

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