PKR continues to suffer, down by 7 paisa per USD

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MG News | September 04, 2024 at 03:56 PM GMT+05:00

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September 04, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 6.68 paisa or 0.02% against the US dollar in Wednesday's interbank session to settle the trade at PKR 278.77 per USD, compared to previous closing of 278.70.

Throughout the day, the currency saw an intraday high (bid) of 278.95 and a low (ask) of 278.80.

In the open market, exchange companies quoted the dollar at 279.02 for buying and 280.00 for selling.

In comparison to major currencies, PKR gained 10.74 paisa against the Euro, closing at 308.08 compared to the previous value of 308.19.

The British Pound became cheaper by 5.18 paisa closing at 365.67 compared to 365.72 from a day ago.

The Swiss franc saw gains of 1.73 rupees, closing at 328.41 compared to 326.67 from the previous session.

Against the Japanese Yen, PKR lost 1.18 paisa, closing at 1.9209 versus 1.9091 a day ago.

The Chinese Yuan gained 2.68 paisa, closing at 39.19 against 39.16 from the previous session.

The Saudi Riyal closed at 74.27 with a gain of 0.79 paisa from its value of 74.27 a day ago.

The U.A.E Dirham increased in value by 1.82 paisa from 75.9 a day ago to 75.88.

During the current financial year, PKR has depreciated against the Dollar by 42.56 paisa or 0.15%. While the current calendar year has seen PKR appreciate by 3.09 rupees or 1.11%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 7 bps to 17.57% and 17.82%.

Performance Summary

Currency Sep 04, 2024 Sep 03, 2024 Change 1 Month FYTD CYTD 1 Day 7 Day 1 Month MTD FYTD CYTD
USD 278.7668 278.7 -0.0668 -0.1379 -0.4256 3.0939 -0.02% -0.11% -0.05% -0.08% -0.15% 1.11%
EUR 308.0791 308.1865 0.1074 -2.5904 -10.3931 3.4192 0.03% 0.86% -0.84% 0.23% -3.37% 1.11%
GBP 365.6723 365.7241 0.0518 -8.7069 -13.7515 -7.0751 0.01% 0.76% -2.38% 0.46% -3.76% -1.93%
CHF 328.4052 326.6718 -1.7334 -0.7799 -18.9996 6.6646 -0.53% 0.56% -0.24% 0% -5.79% 2.03%
JPY 1.9209 1.9091 -0.0118 0.026 -0.1911 0.0686 -0.61% 0.27% 1.35% 0.01% -9.95% 3.57%
SAR 74.2744 74.2665 -0.0079 -0.0505 -0.0797 0.8884 -0.01% -0.09% -0.07% -0.06% -0.11% 1.2%
AED 75.8983 75.8801 -0.0182 -0.0396 -0.1179 0.8444 -0.02% -0.11% -0.05% -0.08% -0.16% 1.11%
CNY 39.1912 39.1644 -0.0268 -0.1689 -0.886 0.4402 -0.07% -0.33% -0.43% 0.25% -2.26% 1.12%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 276.835 306.98 30.1449 -0.69% 10.12% 16-Oct-23 06-Sep-23 324 364
EUR 291.618 329.481 37.8637 -5.34% 6.95% 16-Oct-23 06-Sep-23 324 364
GBP 337.032 385.459 48.4267 -7.83% 5.41% 16-Oct-23 06-Sep-23 324 364
CHF 306.458 344.921 38.4628 -6.68% 5.03% 13-Oct-23 06-Sep-23 327 364
JPY 1.851 2.0824 0.2314 -3.64% 8.41% 16-Oct-23 06-Sep-23 324 364
SAR 73.8029 81.8361 8.0332 -0.63% 10.18% 16-Oct-23 06-Sep-23 324 364
AED 75.3681 83.5751 8.207 -0.7% 10.11% 16-Oct-23 06-Sep-23 324 364
CNY 37.8634 42.0134 4.15 -3.39% 7.2% 16-Oct-23 06-Sep-23 324 364

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