PKR decreases by 7 paisa against USD

MG News | November 12, 2024 at 03:51 PM GMT+05:00

0:00

November 12, 2024 (MLN): The Pakistani rupee (PKR) fell by 6.55 paisa or 0.02% against the US dollar in Tuesday's interbank session to settle the trade at PKR 277.93 per USD, compared to previous closing of 277.86.

Throughout the day, the currency saw an intraday high (bid) of 278.05 and a low (ask) of 277.95.

In the open market, exchange companies quoted the dollar at 276.83 for buying and 278.74 for selling.

In comparison to major currencies, PKR strengthened 1.57 rupees or 0.53% against the Euro, closing at 295.45 compared to the previous value of 297.02.

Against the British Pound, PKR increased by 2.25 rupees or 0.63% to 356.01 compared to 358.26 a day ago.

The local unit strengthened 1.04 rupees or 0.33% against Swiss franc to close at 315.41.

Against the Japanese Yen, PKR remained stable at 1.8076.

Pakistani Rupee increased 23.69 paisa or 0.61% against Chinese Yuan to close at 38.42 from 38.66.

The local currency deteriorated by 1.35 paisa or 0.02% against Saudi Riyal to 73.99. While it fell by 1.89 paisa or 0.02% against the U.A.E Dirham to close at 75.67.

During the current fiscal year, PKR has gained against the US Dollar by 41.47 paisa or 0.15%. While it has rose 3.93 rupees or 1.42% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 13.08% and 13.33%.

Performance Summary

Currency	Nov 12, 2024	Nov 11, 2024	1D		7D		1M		FYTD		CYTD
USD	277.9265	277.8610	-0.0655	-0.02%	-0.0886	-0.03%	-0.2886	-0.10%	0.4147	0.15%	3.9342	1.42%
EUR	295.4497	297.0195	1.5698	0.53%	7.0741	2.39%	8.4943	2.88%	2.2363	0.76%	16.0486	5.43%
GBP	356.0099	358.2600	2.2501	0.63%	4.4986	1.26%	7.0432	1.98%	-4.0891	-1.15%	2.5873	0.73%
CHF	315.4133	316.4523	1.0390	0.33%	6.2141	1.97%	8.6461	2.74%	-6.0077	-1.90%	19.6565	6.23%
JPY	1.8076	1.8076	0.0000	0.00%	0.0164	0.91%	0.0573	3.17%	-0.0778	-4.30%	0.1819	10.06%
SAR	73.9894	73.9759	-0.0135	-0.02%	-0.0255	-0.03%	-0.0512	-0.07%	0.2053	0.28%	1.1734	1.59%
AED	75.6685	75.6496	-0.0189	-0.02%	-0.0252	-0.03%	-0.0796	-0.11%	0.1119	0.15%	1.0742	1.42%
CNY	38.4250	38.6619	0.2369	0.62%	0.6727	1.75%	0.8571	2.23%	-0.1198	-0.31%	1.2064	3.14%

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	-0.15%	3.68%	04-Oct-24	15-Nov-23	39	363
EUR	295.4497	313.4962	18.0465	0.00%	6.11%	12-Nov-24	29-Nov-23	0	349
GBP	343.9880	372.1217	28.1337	-3.38%	4.53%	23-Apr-24	30-Sep-24	203	43
CHF	304.0534	335.8529	31.7996	-3.60%	6.48%	27-May-24	28-Dec-23	169	320
JPY	1.7211	2.0020	0.2809	-4.78%	10.75%	03-Jul-24	28-Dec-23	132	320
SAR	73.8767	76.8293	2.9526	-0.15%	3.84%	04-Oct-24	15-Nov-23	39	363
AED	75.5541	78.4505	2.8964	-0.15%	3.68%	04-Oct-24	15-Nov-23	39	363
CNY	38.2611	40.0793	1.8182	-0.43%	4.31%	22-Jul-24	21-Nov-23	113	357

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