PKR edges higher against USD
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MG News | May 14, 2024 at 04:36 PM GMT+05:00
May 14, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 1.09 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 278.18 per USD, compared to the previous session's closing of PKR 278.2 per USD.
The currency saw an intraday high (bid) of 278.35 and a low (ask) of 278.15.
In the open market, exchange companies quoted the dollar at 277.02 for buying and 279.50 for selling.
In comparison to major currencies, PKR lost 15.51 paisa against the Euro, closing at 299.94 compared to the previous value of 299.78.
The British Pound became expensive by 11.15 paisa closing at 348.55 compared to 348.44 from a day ago.
The Swiss franc saw losses of 56.93 paisa, closing at 306.24 compared to 306.8 from the previous session.
Against the Japanese Yen, PKR gained 0.69 paisa, closing at 1.7777 versus 1.7846 a day ago.
The Chinese Yuan lost 1.48 paisa, closing at 38.44 against 38.45 from the previous session.
The Saudi Riyal closed at 74.17 with a loss of 0.3 paisa from its value of 74.18 a day ago.
The U.A.E Dirham decreased in value by 0.4 paisa from 75.74 a day ago to 75.74.
During the current financial year, PKR has appreciated against the Dollar by 7.81 rupees or 2.81%. While the current calendar year has seen PKR appreciate by 3.68 rupees or 1.32%.
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 21.31% and 21.56%.
Performance Summary
| Currency | May 14, 2024 | May 13, 2024 | Change | 1 Month | FYTD | CYTD | 1 Day | 7 Day | 1 Month | MTD | FYTD | CYTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD | 278.1842 | 278.1951 | 0.0109 | -0.0616 | 7.8063 | 3.6765 | 0% | -0.02% | -0.02% | 0.05% | 2.81% | 1.32% |
| EUR | 299.9382 | 299.7831 | -0.1551 | -3.5151 | 12.9926 | 11.5601 | -0.05% | -0.27% | -1.17% | -0.66% | 4.33% | 3.85% |
| GBP | 348.5509 | 348.4394 | -0.1115 | -1.3705 | 15.5864 | 10.0463 | -0.03% | 0.01% | -0.39% | 0.13% | 4.47% | 2.88% |
| CHF | 306.2354 | 306.8047 | 0.5693 | -1.6104 | 13.5214 | 28.8344 | 0.19% | 0.07% | -0.53% | -0.45% | 4.42% | 9.42% |
| JPY | 1.7777 | 1.7846 | 0.0069 | 0.0289 | 0.2146 | 0.2118 | 0.39% | 1.5% | 1.63% | -0.16% | 12.07% | 11.91% |
| SAR | 74.1745 | 74.1775 | 0.003 | -0.0322 | 2.0795 | 0.9883 | 0% | -0.03% | -0.04% | 0.04% | 2.8% | 1.33% |
| AED | 75.7376 | 75.7416 | 0.004 | -0.0065 | 2.1242 | 1.0051 | 0.01% | -0.02% | -0.01% | 0.05% | 2.8% | 1.33% |
| CNY | 38.4386 | 38.4534 | 0.0148 | -0.0162 | 1.2311 | 1.1928 | 0.04% | 0.29% | -0.04% | -0.02% | 3.2% | 3.1% |
52 Week Performance
| Currency | High | Low | Trading Band | % Since High | % Since Low | High Date | Low Date | Days Since High | Days Since Low |
|---|---|---|---|---|---|---|---|---|---|
| USD | 275.438 | 307.1 | 31.6619 | -0.99% | 10.39% | 04-Jul-23 | 05-Sep-23 | 315 | 252 |
| EUR | 291.618 | 332.701 | 41.083 | -2.77% | 10.92% | 16-Oct-23 | 31-Aug-23 | 211 | 257 |
| GBP | 337.032 | 387.972 | 50.9401 | -3.3% | 11.31% | 16-Oct-23 | 31-Aug-23 | 211 | 257 |
| CHF | 306.458 | 347.163 | 40.7049 | 0.07% | 13.36% | 13-Oct-23 | 31-Aug-23 | 214 | 257 |
| JPY | 1.851 | 2.1004 | 0.2494 | 4.12% | 18.15% | 16-Oct-23 | 01-Sep-23 | 211 | 256 |
| SAR | 73.4412 | 81.8703 | 8.4291 | -0.99% | 10.38% | 04-Jul-23 | 05-Sep-23 | 315 | 252 |
| AED | 74.9888 | 83.6089 | 8.6201 | -0.99% | 10.39% | 04-Jul-23 | 05-Sep-23 | 315 | 252 |
| CNY | 37.8634 | 42.0637 | 4.2003 | -1.5% | 9.43% | 16-Oct-23 | 01-Sep-23 | 211 | 256 |
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