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PKR gains 10 paisa against USD

PKR records largest gain against USD in almost 4 months
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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 278.50 for buying and 280.50 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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Posted on: 2024-07-09T16:12:44+05:00