PKR drops by around 11 paisa against USD

By MG News | July 23, 2024 at 03:20 PM GMT+05:00

0:00

July 23, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 10.72 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 278.41 per USD, compared to the previous session's closing of PKR 278.3 per USD.

The currency saw an intraday high (bid) of 278.65 and a low (ask) of 278.40.

In the open market, exchange companies quoted the dollar at 278.50 for buying and 280.00 for selling.

In comparison to major currencies, PKR gained 21.75 paisa against the Euro, closing at 302.8 compared to the previous value of 303.01.

The British Pound remained largely unchanged at 359.63.

The Swiss franc saw losses of 53.14 paisa, closing at 312.9 compared to 313.44 from the previous session.

Against the Japanese Yen, PKR lost 1.01 paisa, closing at 1.7857 versus 1.7756 a day ago.

The Chinese Yuan gained 1.27 paisa, closing at 38.27 against 38.26 from the previous session.

The Saudi Riyal closed at 74.22 with a gain of 2.66 paisa from its value of 74.2 a day ago.

The U.A.E Dirham increased in value by 3.02 paisa from 75.8 a day ago to 75.77.

During the current financial year, PKR has depreciated against the Dollar by 6.6 paisa or 0.02%. While the current calendar year has seen PKR appreciate by 3.45 rupees or 1.24%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 4 bps to 19.59% and 19.84%.

Performance Summary

Currency	Jul 23, 2024	Jul 22, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.4072	278.3	-0.1072	0.2152	-0.066	3.4535	-0.04%	-0.11%	0.08%	-0.02%	-0.02%	1.24%
EUR	302.7956	303.0131	0.2175	-4.3492	-5.1096	8.7027	0.07%	0.05%	-1.44%	-1.69%	-1.69%	2.87%
GBP	359.6325	359.6471	0.0146	-7.0358	-7.7117	-1.0353	0%	0.37%	-1.96%	-2.14%	-2.14%	-0.29%
CHF	312.9049	313.4363	0.5314	-1.1595	-3.4993	22.1649	0.17%	-0.68%	-0.37%	-1.12%	-1.12%	7.08%
JPY	1.7857	1.7756	-0.0101	-0.041	-0.0559	0.2038	-0.57%	-1.38%	-2.3%	-3.13%	-3.13%	11.41%
SAR	74.2221	74.1955	-0.0266	0.0495	-0.0274	0.9407	-0.04%	-0.1%	0.07%	-0.04%	-0.04%	1.27%
AED	75.7993	75.7691	-0.0302	0.0566	-0.0189	0.9434	-0.04%	-0.11%	0.07%	-0.02%	-0.02%	1.24%
CNY	38.2738	38.2611	-0.0127	0.0942	0.0314	1.3576	-0.03%	0.04%	0.25%	0.08%	0.08%	3.55%

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	307.1	30.265	-0.56%	10.31%	16-Oct-23	05-Sep-23	281	322
EUR	291.618	332.701	41.083	-3.69%	9.88%	16-Oct-23	31-Aug-23	281	327
GBP	337.032	387.972	50.9401	-6.28%	7.88%	16-Oct-23	31-Aug-23	281	327
CHF	306.458	347.163	40.7049	-2.06%	10.95%	13-Oct-23	31-Aug-23	284	327
JPY	1.851	2.1004	0.2494	3.66%	17.62%	16-Oct-23	01-Sep-23	281	326
SAR	73.8029	81.8703	8.0674	-0.56%	10.3%	16-Oct-23	05-Sep-23	281	322
AED	75.3681	83.6089	8.2408	-0.57%	10.3%	16-Oct-23	05-Sep-23	281	322
CNY	37.8634	42.0637	4.2003	-1.07%	9.9%	16-Oct-23	01-Sep-23	281	326

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