PKR edges up against USD

By MG News | July 19, 2024 at 03:28 PM GMT+05:00

0:00

July 19, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 4.46 paisa against the US dollar in Friday's interbank session as the currency settled the trade at PKR 278.13 per USD, compared to the previous session's closing of PKR 278.17 per USD.

The currency saw an intraday high (bid) of 278.50 and a low (ask) of 278.30.

In the open market, exchange companies quoted the dollar at 279.00 for buying and 280.50 for selling.

In comparison to major currencies, PKR gained 1.22 rupees against the Euro, closing at 302.82 compared to the previous value of 304.04.

The British Pound became cheaper by 1.88 rupees closing at 359.69 compared to 361.57 from a day ago.

The Swiss franc saw losses of 1.63 rupees, closing at 313.06 compared to 314.69 from the previous session.

Against the Japanese Yen, PKR gained 1.33 paisa, closing at 1.7673 versus 1.7806 a day ago.

The Chinese Yuan lost 5.46 paisa, closing at 38.27 against 38.33 from the previous session.

The Saudi Riyal closed at 74.15 with a loss of 1.19 paisa from its value of 74.16 a day ago.

The U.A.E Dirham decreased in value by 1.21 paisa from 75.72 a day ago to 75.73.

During the current financial year, PKR has appreciated against the Dollar by 21.45 paisa or 0.08%. While the current calendar year has seen PKR appreciate by 3.73 rupees or 1.34%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 1 bps to 19.65% and 19.9%.

Performance Summary

Currency	Jul 19, 2024	Jul 18, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.1267	278.1713	0.0446	0.4733	0.2145	3.734	0.02%	0.1%	0.17%	0.08%	0.08%	1.34%
EUR	302.8244	304.0413	1.2169	-4.0537	-5.1384	8.6739	0.4%	0.01%	-1.34%	-1.7%	-1.7%	2.86%
GBP	359.6874	361.5671	1.8797	-5.6146	-7.7666	-1.0902	0.52%	0.09%	-1.56%	-2.16%	-2.16%	-0.3%
CHF	313.0648	314.6913	1.6265	0.1625	-3.6592	22.005	0.52%	-0.73%	0.05%	-1.17%	-1.17%	7.03%
JPY	1.7673	1.7806	0.0133	-0.0074	-0.0375	0.2222	0.75%	-1.05%	-0.42%	-2.12%	-2.12%	12.57%
SAR	74.1513	74.1632	0.0119	0.1123	0.0434	1.0115	0.02%	0.1%	0.15%	0.06%	0.06%	1.36%
AED	75.722	75.7341	0.0121	0.1278	0.0584	1.0207	0.02%	0.1%	0.17%	0.08%	0.08%	1.35%
CNY	38.271	38.3256	0.0546	0.1023	0.0342	1.3604	0.14%	0.2%	0.27%	0.09%	0.09%	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	-0.46%	10.42%	16-Oct-23	05-Sep-23	277	318
EUR	291.618	332.701	41.083	-3.7%	9.87%	16-Oct-23	31-Aug-23	277	323
GBP	337.032	387.972	50.9401	-6.3%	7.86%	16-Oct-23	31-Aug-23	277	323
CHF	306.458	347.163	40.7049	-2.11%	10.89%	13-Oct-23	31-Aug-23	280	323
JPY	1.851	2.1004	0.2494	4.74%	18.85%	16-Oct-23	01-Sep-23	277	322
SAR	73.8029	81.8703	8.0674	-0.47%	10.41%	16-Oct-23	05-Sep-23	277	318
AED	75.3681	83.6089	8.2408	-0.47%	10.42%	16-Oct-23	05-Sep-23	277	318
CNY	37.8634	42.0637	4.2003	-1.07%	9.91%	16-Oct-23	01-Sep-23	277	322

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