PKR falls by 13 paisa against greenback

MG News | August 28, 2024 at 04:33 PM GMT+05:00

0:00

August 28, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 12.89 paisa or 0.05% against the US dollar in Wednesday's interbank session to settle the trade at PKR 278.45 per USD, compared to previous closing of 278.32.

Throughout the day, the currency saw an intraday high (bid) of 278.55 and a low (ask) of 278.35.

In the open market, exchange companies quoted the dollar at 279.15 for buying and 280 for selling.

In comparison to major currencies, PKR gained 14.84 paisa against the Euro, closing at 310.72 compared to the previous value of 310.87.

The British Pound became expensive by 86.64 paisa closing at 368.46 compared to 367.59 from a day ago.

The Swiss franc saw gains of 1.91 rupees, closing at 330.25 compared to 328.34 from the previous session.

Against the Japanese Yen, PKR lost 0.64 paisa, closing at 1.9261 versus 1.9197 a day ago.

The Chinese Yuan gained 3.12 paisa, closing at 39.06 against 39.03 from the previous session.

The Saudi Riyal closed at 74.21 with a gain of 3.03 paisa from its value of 74.18 a day ago.

The U.A.E Dirham increased in value by 3.51 paisa from 75.81 a day ago to 75.78.

During the current financial year, PKR has depreciated against the Dollar by 10.88 paisa or 0.04%. While the current calendar year has seen PKR appreciate by 3.41 rupees or 1.22%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 2 bps to 17.64% and 17.89%.

Performance Summary

Currency	Aug 28, 2024	Aug 27, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.45	278.3211	-0.1289	0.05	-0.1088	3.4107	-0.05%	0.03%	0.02%	0.1%	-0.04%	1.22%
EUR	310.7224	310.8708	0.1484	-8.8005	-13.0364	0.7759	0.05%	-0.36%	-2.83%	-2.99%	-4.2%	0.25%
GBP	368.459	367.5926	-0.8664	-11.5055	-16.5382	-9.8618	-0.24%	-1.59%	-3.12%	-2.9%	-4.49%	-2.68%
CHF	330.2497	328.3444	-1.9053	-15.4715	-20.8441	4.8201	-0.58%	-1.46%	-4.68%	-4.2%	-6.31%	1.46%
JPY	1.9261	1.9197	-0.0064	-0.1155	-0.1963	0.0634	-0.33%	-1.03%	-6%	-3.87%	-10.19%	3.29%
SAR	74.2058	74.1755	-0.0303	0.0312	-0.0111	0.957	-0.04%	0.03%	0.04%	0.12%	-0.01%	1.29%
AED	75.812	75.7769	-0.0351	0.0116	-0.0316	0.9307	-0.05%	0.03%	0.02%	0.1%	-0.04%	1.23%
CNY	39.0612	39.03	-0.0312	-0.6855	-0.756	0.5702	-0.08%	-0.08%	-1.75%	-1.2%	-1.94%	1.46%

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	-0.58%	10.29%	16-Oct-23	05-Sep-23	317	358
EUR	291.618	332.701	41.083	-6.15%	7.07%	16-Oct-23	31-Aug-23	317	363
GBP	337.032	387.972	50.9401	-8.53%	5.3%	16-Oct-23	31-Aug-23	317	363
CHF	306.458	347.163	40.7049	-7.2%	5.12%	13-Oct-23	31-Aug-23	320	363
JPY	1.851	2.1004	0.2494	-3.9%	9.05%	16-Oct-23	01-Sep-23	317	362
SAR	73.8029	81.8703	8.0674	-0.54%	10.33%	16-Oct-23	05-Sep-23	317	358
AED	75.3681	83.6089	8.2408	-0.59%	10.28%	16-Oct-23	05-Sep-23	317	358
CNY	37.8634	42.0637	4.2003	-3.07%	7.69%	16-Oct-23	01-Sep-23	317	362

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