PKR falls by around 13 paisa against USD

By MG News | July 08, 2024 at 04:00 PM GMT+05:00

0:00

July 08, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 12.74 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 278.38 per USD.

The currency saw an intraday high (bid) of 278.7 and a low (ask) of 278.5.

In the open market, exchange companies quoted the dollar at 278.73 for buying and 280.50 for selling.

In comparison to major currencies, PKR lost 31.89 paisa against the Euro, closing at 301.76 compared to the previous value of 301.44.

The British Pound became expensive by 1.15 rupees closing at 356.87 compared to 355.72 from a day ago.

The Swiss franc saw gains of 1.25 rupees, closing at 311.21 compared to 309.96 from the previous session.

Against the Japanese Yen, PKR gained 0.08 paisa, closing at 1.7307 versus 1.7315 a day ago.

The Chinese Yuan gained 0.47 paisa, closing at 38.31 against 38.31 from the previous session.

The Saudi Riyal closed at 74.25 with a gain of 3.59 paisa from its value of 74.21 a day ago.

The U.A.E Dirham increased in value by 3.67 paisa from 75.82 a day ago to 75.79.

During the current financial year, PKR has depreciated against the Dollar by 16.12 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 remained unchanged at 19.84% and 20.09%.

Performance Summary

Currency	Jul 08, 2024	Jul 05, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.5024	278.375	-0.1274	-0.3024	-0.1612	3.3583	-0.05%	-0.06%	-0.11%	-0.06%	-0.06%	1.21%
EUR	301.7573	301.4384	-0.3189	1.2025	-4.0713	9.741	-0.11%	-1.35%	0.4%	-1.35%	-1.35%	3.23%
GBP	356.8729	355.7215	-1.1514	-0.8325	-4.9521	1.7243	-0.32%	-1.39%	-0.23%	-1.39%	-1.39%	0.48%
CHF	311.2106	309.96	-1.2506	1.4616	-1.805	23.8592	-0.4%	-0.58%	0.47%	-0.58%	-0.58%	7.67%
JPY	1.7307	1.7315	0.0008	0.0585	-0.0009	0.2588	0.05%	-0.05%	3.38%	-0.05%	-0.05%	14.95%
SAR	74.2455	74.2096	-0.0359	-0.0687	-0.0508	0.9173	-0.05%	-0.07%	-0.09%	-0.07%	-0.07%	1.24%
AED	75.8242	75.7875	-0.0367	-0.0833	-0.0438	0.9185	-0.05%	-0.06%	-0.11%	-0.06%	-0.06%	1.21%
CNY	38.3098	38.3051	-0.0047	0.0981	-0.0046	1.3216	-0.01%	-0.01%	0.26%	-0.01%	-0.01%	3.45%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.462	307.1	30.6377	-0.73%	10.27%	13-Jul-23	05-Sep-23	361	307
EUR	291.618	332.701	41.083	-3.36%	10.25%	16-Oct-23	31-Aug-23	266	312
GBP	337.032	387.972	50.9401	-5.56%	8.71%	16-Oct-23	31-Aug-23	266	312
CHF	306.458	347.163	40.7049	-1.53%	11.55%	13-Oct-23	31-Aug-23	269	312
JPY	1.851	2.1004	0.2494	6.95%	21.36%	16-Oct-23	01-Sep-23	266	311
SAR	73.6917	81.8703	8.1786	-0.75%	10.27%	13-Jul-23	05-Sep-23	361	307
AED	75.2677	83.6089	8.3412	-0.73%	10.27%	13-Jul-23	05-Sep-23	361	307
CNY	37.8634	42.0637	4.2003	-1.17%	9.8%	16-Oct-23	01-Sep-23	266	311

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