PKR falls by another 11 paisa against greenback

By MG News | June 12, 2024 at 04:41 PM GMT+05:00

0:00

June 12, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 11.07 paisa against the US dollar in Wednesday's interbank session as the currency settled the trade at PKR 278.61 per USD, compared to the previous session's closing of PKR 278.5 per USD.

The currency saw an intraday high (bid) of 278.9 and a low (ask) of 278.65.

In the open market, exchange companies quoted the dollar at 277.63 for buying and 280.33 for selling.

In comparison to major currencies, PKR gained 35.44 paisa against the Euro, closing at 299.39 compared to the previous value of 299.75.

The British Pound became expensive by 93.49 paisa closing at 355.28 compared to 354.35 from a day ago.

The Swiss franc saw gains of 19.27 paisa, closing at 310.63 compared to 310.44 from the previous session.

Against the Japanese Yen, PKR lost 0.17 paisa, closing at 1.7716 versus 1.7699 a day ago.

The Chinese Yuan gained 1.74 paisa, closing at 38.41 against 38.39 from the previous session.

The Saudi Riyal closed at 74.28 with a gain of 1.76 paisa from its value of 74.26 a day ago.

The U.A.E Dirham increased in value by 3.12 paisa from 75.85 a day ago to 75.82.

During the current financial year, PKR has appreciated against the Dollar by 7.38 rupees or 2.65%. While the current calendar year has seen PKR appreciate by 3.25 rupees or 1.17%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 19.86% and 20.11%.

Performance Summary

Currency	Jun 12, 2024	Jun 11, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.6083	278.4976	-0.1107	-0.4132	7.3822	3.2524	-0.04%	-0.11%	-0.15%	-0.1%	2.65%	1.17%
EUR	299.3925	299.7469	0.3544	0.3906	13.5383	12.1058	0.12%	1.08%	0.13%	0.61%	4.52%	4.04%
GBP	355.2813	354.3464	-0.9349	-6.8419	8.856	3.3159	-0.26%	0.08%	-1.93%	-0.47%	2.49%	0.93%
CHF	310.6348	310.4421	-0.1927	-3.8301	9.122	24.435	-0.06%	0.37%	-1.23%	-0.98%	2.94%	7.87%
JPY	1.7716	1.7699	-0.0017	0.013	0.2207	0.2179	-0.1%	0.63%	0.73%	-0.03%	12.46%	12.3%
SAR	74.2797	74.2621	-0.0176	-0.1022	1.9743	0.8831	-0.02%	-0.1%	-0.14%	-0.1%	2.66%	1.19%
AED	75.8531	75.8219	-0.0312	-0.1115	2.0087	0.8896	-0.04%	-0.11%	-0.15%	-0.1%	2.65%	1.17%
CNY	38.4089	38.3915	-0.0174	0.0445	1.2608	1.2225	-0.05%	0%	0.12%	0.06%	3.28%	3.18%

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	-1.14%	10.23%	04-Jul-23	05-Sep-23	344	281
EUR	291.618	332.701	41.083	-2.6%	11.13%	16-Oct-23	31-Aug-23	240	286
GBP	337.032	387.972	50.9401	-5.14%	9.2%	16-Oct-23	31-Aug-23	240	286
CHF	306.458	347.163	40.7049	-1.34%	11.76%	13-Oct-23	31-Aug-23	243	286
JPY	1.851	2.1004	0.2494	4.48%	18.56%	16-Oct-23	01-Sep-23	240	285
SAR	73.4412	81.8703	8.4291	-1.13%	10.22%	04-Jul-23	05-Sep-23	344	281
AED	74.9888	83.6089	8.6201	-1.14%	10.22%	04-Jul-23	05-Sep-23	344	281
CNY	37.8634	42.0637	4.2003	-1.42%	9.52%	16-Oct-23	01-Sep-23	240	285

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