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PKR falls by another 11 paisa against greenback

PKR edges higher against USD
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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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Posted on: 2024-06-12T16:41:44+05:00