December 06, 2024 (MLN): The Pakistani rupee (PKR) decreased by 6.47 paisa or 0.02% against the US dollar in Friday's interbank session to settle the trade at PKR 278.01 per USD, compared to previous closing of 277.94.
Throughout the day, the currency saw an intraday high (bid) of 277.95 and a low (ask) of 277.8.
On a weekly basis, the home unit gained 4 paisa against the might Dollar.
In the open market, exchange companies quoted the dollar at 277.4 for buying and 279.1 for selling.
In comparison to major currencies, PKR depreciated 1.22 rupees or 0.42% against the Euro, closing at 294.20 compared to the previous value of 292.98.
Against the British Pound, PKR weakened by 80.53 paisa or 0.23% to 354.84 compared to 354.03 a day ago.
The local unit weakened 1.93 rupees or 0.62% against Swiss franc to close at 316.33.
Against the Japanese Yen, PKR's value appreciated 0.49 paisa or 0.26% to close the session at 1.8495 versus 1.8544 a day ago.
Pakistani Rupee decreased 1.95 paisa or 0.05% against Chinese Yuan to close at 38.29 from 38.27.
The local currency depreciated by 2.51 paisa or 0.03% against Saudi Riyal to 74.00. While it weakened by 1.66 paisa or 0.02% against the U.A.E Dirham to close at 75.69.
During the current fiscal year, PKR has rose against the US Dollar by 33.20 paisa or 0.12%. While it has increased 3.85 rupees or 1.39% so far this calendar year.
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1bps to 12.31% and 12.56%.
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs9.64 trillion into the market. Of which Rs9.09tr were injected through reverse repo OMO.
Meanwhile, the remaining Rs554 billion was injected through Shariah-compliant Modarabah-based OMO.
Performance Summary
Currency | Dec 06, 2024 | Dec 05, 2024 | 1D | 7D | 1M | FYTD | CYTD | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
USD | 278.0092 | 277.9445 | -0.0647 | -0.02% | 0.0408 | 0.01% | -0.1169 | -0.04% | 0.3320 | 0.12% | 3.8515 | 1.39% |
EUR | 294.2032 | 292.9813 | -1.2219 | -0.42% | -0.2070 | -0.07% | 4.8922 | 1.66% | 3.4828 | 1.18% | 17.2951 | 5.88% |
GBP | 354.8371 | 354.0318 | -0.8053 | -0.23% | -1.3382 | -0.38% | 3.6578 | 1.03% | -2.9163 | -0.82% | 3.7601 | 1.06% |
CHF | 316.3330 | 314.3991 | -1.9339 | -0.61% | -0.8869 | -0.28% | 1.6215 | 0.51% | -6.9274 | -2.19% | 18.7368 | 5.92% |
JPY | 1.8495 | 1.8544 | 0.0049 | 0.26% | 0.0030 | 0.16% | -0.0454 | -2.45% | -0.1197 | -6.47% | 0.1400 | 7.57% |
SAR | 74.0036 | 73.9785 | -0.0251 | -0.03% | 0.0118 | 0.02% | -0.0272 | -0.04% | 0.1911 | 0.26% | 1.1592 | 1.57% |
AED | 75.6879 | 75.6713 | -0.0166 | -0.02% | 0.0132 | 0.02% | -0.0308 | -0.04% | 0.0925 | 0.12% | 1.0548 | 1.39% |
CNY | 38.2875 | 38.2680 | -0.0195 | -0.05% | 0.1682 | 0.44% | 0.5188 | 1.36% | 0.0177 | 0.05% | 1.3439 | 3.51% |
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 | 284.1438 | 6.6259 | -0.18% | 2.21% | 04-Oct-24 | 06-Dec-23 | 63 | 366 |
EUR | 290.2794 | 313.4799 | 23.2005 | -1.33% | 6.55% | 25-Nov-24 | 28-Dec-23 | 11 | 344 |
GBP | 343.9880 | 372.1217 | 28.1337 | -3.06% | 4.87% | 23-Apr-24 | 30-Sep-24 | 227 | 67 |
CHF | 304.0534 | 335.8529 | 31.7996 | -3.88% | 6.17% | 27-May-24 | 28-Dec-23 | 193 | 344 |
JPY | 1.7211 | 2.0020 | 0.2809 | -6.94% | 8.25% | 03-Jul-24 | 28-Dec-23 | 156 | 344 |
SAR | 73.8767 | 75.7576 | 1.8809 | -0.17% | 2.37% | 04-Oct-24 | 06-Dec-23 | 63 | 366 |
AED | 75.5541 | 77.3770 | 1.8229 | -0.18% | 2.23% | 04-Oct-24 | 06-Dec-23 | 63 | 366 |
CNY | 38.1528 | 39.8626 | 1.7098 | -0.35% | 4.11% | 03-Dec-24 | 15-Dec-23 | 3 | 357 |
Copyright Mettis Link News
Posted on: 2024-12-06T17:52:03+05:00