January 16, 2025 (MLN): The Pakistani rupee (PKR) weakened by 8.66 paisa or 0.03% against the US dollar in Thursday's interbank session to settle the trade at PKR 278.86 per USD, compared to previous closing of 278.77.
Throughout the day, the currency saw an intraday high (bid) of 278.85 and a low (ask) of 278.80.
In the open market, exchange companies quoted the dollar at 279.00 for buying and 280.55 for selling.
In comparison to major currencies, PKR strengthened 10.60 paisa or 0.04% against the Euro, closing at 287.14 compared to the previous value of 287.24.
Against the British Pound, PKR increased by 34.02 paisa or 0.10% to 340.75 compared to 341.09 a day ago.
The local unit rose 5.59 paisa or 0.02% against Swiss franc to close at 305.75.
Against the Japanese Yen, PKR's value deteriorated 0.82 paisa or 0.46% to close the session at 1.7850 versus 1.7768 a day ago.
Pakistani Rupee fell 1.29 paisa or 0.03% against Chinese Yuan to close at 38.03 from 38.02.
The local currency deteriorated by 6.07 paisa or 0.08% against Saudi Riyal to 74.32. While it depreciated by 2.46 paisa or 0.03% against the U.A.E Dirham to close at 75.92.
During the current fiscal year, PKR has weakened against the US Dollar by 51.49 paisa or 0.18%. While it has deteriorated 30.61 paisa or 0.11% so far this calendar year.
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates unchanged by 0bps to 11.64% and 11.89%.
Performance Summary
Currency | Jan 16, 2025 | Jan 15, 2025 | 1D | 7D | 1M | FYTD | CYTD | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
USD | 278.8561 | 278.7695 | -0.0866 | -0.03% | -0.2466 | -0.09% | -0.6839 | -0.25% | -0.5149 | -0.18% | -0.3061 | -0.11% |
EUR | 287.1381 | 287.2441 | 0.1060 | 0.04% | -0.4489 | -0.16% | 5.1513 | 1.79% | 10.5479 | 3.67% | 2.9439 | 1.03% |
GBP | 340.7482 | 341.0884 | 0.3402 | 0.10% | 0.6738 | 0.20% | 10.6945 | 3.14% | 11.1726 | 3.28% | 8.9574 | 2.63% |
CHF | 305.7465 | 305.8024 | 0.0559 | 0.02% | -0.5214 | -0.17% | 6.2806 | 2.05% | 3.6591 | 1.20% | 2.6912 | 0.88% |
JPY | 1.7850 | 1.7768 | -0.0082 | -0.46% | -0.0246 | -1.38% | 0.0270 | 1.51% | -0.0552 | -3.09% | -0.0016 | -0.09% |
SAR | 74.3240 | 74.2633 | -0.0607 | -0.08% | -0.1033 | -0.14% | -0.2968 | -0.40% | -0.1293 | -0.17% | -0.1824 | -0.25% |
AED | 75.9195 | 75.8949 | -0.0246 | -0.03% | -0.0661 | -0.09% | -0.1852 | -0.24% | -0.1391 | -0.18% | -0.0833 | -0.11% |
CNY | 38.0346 | 38.0217 | -0.0129 | -0.03% | -0.0352 | -0.09% | 0.1643 | 0.43% | 0.2706 | 0.71% | 0.1269 | 0.33% |
52 Week Performance
Currency | High | Low | Trading Band | % Since High | % Since Low | High Date | Low Date | Days Since High | Days Since Low |
---|---|---|---|---|---|---|---|---|---|
USD | 277.5179 | 280.2480 | 2.7301 | -0.48% | 0.50% | 04-Oct-24 | 16-Jan-24 | 104 | 366 |
EUR | 284.6665 | 311.2427 | 26.5762 | -0.86% | 8.39% | 13-Jan-25 | 26-Aug-24 | 3 | 143 |
GBP | 338.2418 | 372.1217 | 33.8799 | -0.74% | 9.21% | 13-Jan-25 | 30-Sep-24 | 3 | 108 |
CHF | 303.9815 | 330.8191 | 26.8376 | -0.58% | 8.20% | 13-Jan-25 | 06-Sep-24 | 3 | 132 |
JPY | 1.7211 | 1.9880 | 0.2669 | -3.58% | 11.37% | 03-Jul-24 | 16-Sep-24 | 197 | 122 |
SAR | 73.8767 | 74.7268 | 0.8501 | -0.60% | 0.54% | 04-Oct-24 | 16-Jan-24 | 104 | 366 |
AED | 75.5541 | 76.3057 | 0.7516 | -0.48% | 0.51% | 04-Oct-24 | 16-Jan-24 | 104 | 366 |
CNY | 37.9910 | 39.5910 | 1.6000 | -0.11% | 4.09% | 10-Jan-25 | 30-Sep-24 | 6 | 108 |
Copyright Mettis Link News
Posted on: 2025-01-16T16:15:29+05:00