PKR gains 10 paisa against USD

MG News | July 09, 2024 at 04:12 PM GMT+05:00

0:00

July 09, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 10.24 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 278.4 per USD, compared to the previous session's closing of PKR 278.5 per USD.

The currency saw an intraday high (bid) of 278.6 and a low (ask) of 278.4.

In the open market, exchange companies quoted the dollar at 279.03 for buying and 281.00 for selling.

In comparison to major currencies, PKR gained 58.42 paisa against the Euro, closing at 301.17 compared to the previous value of 301.76.

The British Pound became cheaper by 47.91 paisa closing at 356.39 compared to 356.87 from a day ago.

The Swiss franc saw losses of 1.38 rupees, closing at 309.83 compared to 311.21 from the previous session.

Against the Japanese Yen, PKR gained 0.06 paisa, closing at 1.7301 versus 1.7307 a day ago.

The Chinese Yuan lost 2.57 paisa, closing at 38.28 against 38.31 from the previous session.

The Saudi Riyal closed at 74.22 with a loss of 2.73 paisa from its value of 74.25 a day ago.

The U.A.E Dirham decreased in value by 2.68 paisa from 75.8 a day ago to 75.82.

During the current financial year, PKR has depreciated against the Dollar by 5.88 paisa or 0.02%. While the current calendar year has seen PKR appreciate by 3.46 rupees or 1.24%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 1 bps to 19.85% and 20.1%.

Performance Summary

Currency	Jul 09, 2024	Jul 08, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.4	278.5024	0.1024	-0.0299	-0.0588	3.4607	0.04%	-0.01%	-0.01%	-0.02%	-0.02%	1.24%
EUR	301.1731	301.7573	0.5842	-1.6468	-3.4871	10.3252	0.19%	-0.92%	-0.55%	-1.16%	-1.16%	3.43%
GBP	356.3938	356.8729	0.4791	-2.3487	-4.473	2.2034	0.13%	-1.39%	-0.66%	-1.26%	-1.26%	0.62%
CHF	309.8325	311.2106	1.3781	0.4848	-0.4269	25.2373	0.44%	-0.58%	0.16%	-0.14%	-0.14%	8.15%
JPY	1.7301	1.7307	0.0006	0.0427	-0.0003	0.2594	0.03%	-0.48%	2.47%	-0.02%	-0.02%	14.99%
SAR	74.2182	74.2455	0.0273	0.0099	-0.0235	0.9446	0.04%	-0.02%	0.01%	-0.03%	-0.03%	1.27%
AED	75.7974	75.8242	0.0268	-0.0102	-0.017	0.9453	0.04%	-0.01%	-0.01%	-0.02%	-0.02%	1.25%
CNY	38.2841	38.3098	0.0257	0.1237	0.0211	1.3473	0.07%	0%	0.32%	0.06%	0.06%	3.52%

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	-0.7%	10.31%	13-Jul-23	05-Sep-23	362	308
EUR	291.618	332.701	41.083	-3.17%	10.47%	16-Oct-23	31-Aug-23	267	313
GBP	337.032	387.972	50.9401	-5.43%	8.86%	16-Oct-23	31-Aug-23	267	313
CHF	306.458	347.163	40.7049	-1.09%	12.05%	13-Oct-23	31-Aug-23	270	313
JPY	1.851	2.1004	0.2494	6.99%	21.4%	16-Oct-23	01-Sep-23	267	312
SAR	73.6917	81.8703	8.1786	-0.71%	10.31%	13-Jul-23	05-Sep-23	362	308
AED	75.2677	83.6089	8.3412	-0.7%	10.31%	13-Jul-23	05-Sep-23	362	308
CNY	37.8634	42.0637	4.2003	-1.1%	9.87%	16-Oct-23	01-Sep-23	267	312

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