PKR depreciates by over 9 paisa against USD

By MG News | July 04, 2024 at 04:35 PM GMT+05:00

0:00

July 04, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 9.47 paisa against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 278.5 per USD, compared to the previous session's closing of PKR 278.4 per USD.

The currency saw an intraday high (bid) of 278.6 and a low (ask) of 278.4.

In the open market, exchange companies quoted the dollar at 277.70 for buying and 280.25 for selling.

In comparison to major currencies, PKR lost 1.24 rupees against the Euro, closing at 300.83 compared to the previous value of 299.59.

The British Pound became expensive by 1.83 rupees closing at 355.21 compared to 353.38 from a day ago.

The Swiss franc saw gains of 92.52 paisa, closing at 308.98 compared to 308.05 from the previous session.

Against the Japanese Yen, PKR lost 0.61 paisa, closing at 1.7272 versus 1.7211 a day ago.

The Chinese Yuan gained 2.9 paisa, closing at 38.31 against 38.28 from the previous session.

The Saudi Riyal closed at 74.24 with a gain of 2.72 paisa from its value of 74.21 a day ago.

The U.A.E Dirham increased in value by 2.47 paisa from 75.82 a day ago to 75.8.

During the current financial year, PKR has depreciated against the Dollar by 15.61 paisa or 0.06%. While the current calendar year has seen PKR appreciate by 3.36 rupees or 1.21%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 2 bps to 19.85% and 20.1%.

Performance Summary

Currency	Jul 04, 2024	Jul 03, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.4973	278.4026	-0.0947	-0.1973	-0.1561	3.3634	-0.03%	-0.04%	-0.07%	-0.06%	-0.06%	1.21%
EUR	300.8328	299.589	-1.2438	1.8045	-3.1468	10.6655	-0.41%	-1.09%	0.6%	-1.05%	-1.05%	3.55%
GBP	355.2093	353.3764	-1.8329	0.3607	-3.2885	3.3879	-0.52%	-1%	0.1%	-0.93%	-0.93%	0.95%
CHF	308.9779	308.0527	-0.9252	2.808	0.4277	26.0919	-0.3%	0.37%	0.91%	0.14%	0.14%	8.44%
JPY	1.7272	1.7211	-0.0061	0.0556	0.0026	0.2623	-0.35%	0.39%	3.22%	0.15%	0.15%	15.19%
SAR	74.2382	74.211	-0.0272	-0.0348	-0.0435	0.9246	-0.04%	-0.05%	-0.05%	-0.06%	-0.06%	1.25%
AED	75.8228	75.7981	-0.0247	-0.0557	-0.0424	0.9199	-0.03%	-0.05%	-0.07%	-0.06%	-0.06%	1.21%
CNY	38.3056	38.2766	-0.029	0.1026	-0.0004	1.3258	-0.08%	-0.02%	0.27%	0%	0%	3.46%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.462	307.1	30.6377	-0.73%	10.27%	13-Jul-23	05-Sep-23	357	303
EUR	291.618	332.701	41.083	-3.06%	10.59%	16-Oct-23	31-Aug-23	262	308
GBP	337.032	387.972	50.9401	-5.12%	9.22%	16-Oct-23	31-Aug-23	262	308
CHF	306.458	347.163	40.7049	-0.82%	12.36%	13-Oct-23	31-Aug-23	265	308
JPY	1.851	2.1004	0.2494	7.17%	21.61%	16-Oct-23	01-Sep-23	262	307
SAR	73.6917	81.8703	8.1786	-0.74%	10.28%	13-Jul-23	05-Sep-23	357	303
AED	75.2677	83.6089	8.3412	-0.73%	10.27%	13-Jul-23	05-Sep-23	357	303
CNY	37.8634	42.0637	4.2003	-1.15%	9.81%	16-Oct-23	01-Sep-23	262	307

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%