PKR falls 16 paisa against USD

MG News | July 29, 2024 at 03:46 PM GMT+05:00

0:00

July 29, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 16.18 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 278.5 per USD, compared to the previous session's closing of PKR 278.34 per USD.

The currency saw an intraday high (bid) of 278.75 and a low (ask) of 278.55.

In the open market, exchange companies quoted the dollar at 278.00 for buying and 280.00 for selling.

In comparison to major currencies, PKR gained 13.07 paisa against the Euro, closing at 301.92 compared to the previous value of 302.05.

The British Pound became cheaper by 1.25 rupees closing at 356.95 compared to 358.21 from a day ago.

The Swiss franc saw losses of 36.93 paisa, closing at 314.78 compared to 315.15 from the previous session.

Against the Japanese Yen, PKR lost 0.29 paisa, closing at 1.8106 versus 1.8077 a day ago.

The Chinese Yuan lost 1.02 paisa, closing at 38.38 against 38.39 from the previous session.

The Saudi Riyal closed at 74.24 with a gain of 4.51 paisa from its value of 74.19 a day ago.

The U.A.E Dirham increased in value by 4.41 paisa from 75.82 a day ago to 75.78.

During the current financial year, PKR has depreciated against the Dollar by 15.88 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 3 bps to 19.13% and 19.38%.

Performance Summary

Currency	Jul 29, 2024	Jul 26, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.5	278.3382	-0.1618	-0.1588	-0.1588	3.3607	-0.06%	-0.07%	-0.06%	-0.06%	-0.06%	1.21%
EUR	301.9219	302.0526	0.1307	-4.2359	-4.2359	9.5764	0.04%	0.36%	-1.4%	-1.4%	-1.4%	3.17%
GBP	356.9535	358.2073	1.2538	-5.0327	-5.0327	1.6437	0.35%	0.75%	-1.41%	-1.41%	-1.41%	0.46%
CHF	314.7782	315.1475	0.3693	-5.3726	-5.3726	20.2916	0.12%	-0.43%	-1.71%	-1.71%	-1.71%	6.45%
JPY	1.8106	1.8077	-0.0029	-0.0808	-0.0808	0.1789	-0.16%	-1.93%	-4.46%	-4.46%	-4.46%	9.88%
SAR	74.237	74.1919	-0.0451	-0.0423	-0.0423	0.9258	-0.06%	-0.06%	-0.06%	-0.06%	-0.06%	1.25%
AED	75.8236	75.7795	-0.0441	-0.0432	-0.0432	0.9191	-0.06%	-0.07%	-0.06%	-0.06%	-0.06%	1.21%
CNY	38.3757	38.3859	0.0102	-0.0705	-0.0705	1.2557	0.03%	-0.3%	-0.18%	-0.18%	-0.18%	3.27%

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	-0.6%	10.27%	16-Oct-23	05-Sep-23	287	328
EUR	291.618	332.701	41.083	-3.41%	10.19%	16-Oct-23	31-Aug-23	287	333
GBP	337.032	387.972	50.9401	-5.58%	8.69%	16-Oct-23	31-Aug-23	287	333
CHF	306.458	347.163	40.7049	-2.64%	10.29%	13-Oct-23	31-Aug-23	290	333
JPY	1.851	2.1004	0.2494	2.23%	16.01%	16-Oct-23	01-Sep-23	287	332
SAR	73.8029	81.8703	8.0674	-0.58%	10.28%	16-Oct-23	05-Sep-23	287	328
AED	75.3681	83.6089	8.2408	-0.6%	10.27%	16-Oct-23	05-Sep-23	287	328
CNY	37.8634	42.0637	4.2003	-1.33%	9.61%	16-Oct-23	01-Sep-23	287	332

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