PKR gains 12 paisa against USD

MG News | June 25, 2024 at 03:43 PM GMT+05:00

0:00

June 25, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 12.24 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 278.5 per USD, compared to the previous session's closing of PKR 278.62 per USD.

The currency saw an intraday high (bid) of 278.75 and a low (ask) of 278.55.

In the open market, exchange companies quoted the dollar at 277.75 for buying and 280.50 for selling.

In comparison to major currencies, PKR lost 30.06 paisa against the Euro, closing at 298.75 compared to the previous value of 298.45.

The British Pound became expensive by 91.73 paisa closing at 353.51 compared to 352.6 from a day ago.

The Swiss franc saw gains of 5.49 paisa, closing at 311.8 compared to 311.75 from the previous session.

Against the Japanese Yen, PKR lost 0.2 paisa, closing at 1.7467 versus 1.7447 a day ago.

The Chinese Yuan lost 2.11 paisa, closing at 38.35 against 38.37 from the previous session.

The Saudi Riyal closed at 74.23 with a loss of 4.06 paisa from its value of 74.27 a day ago.

The U.A.E Dirham decreased in value by 3.44 paisa from 75.82 a day ago to 75.86.

During the current financial year, PKR has appreciated against the Dollar by 7.49 rupees or 2.69%. 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 inched up by 2 bps to 19.88% and 20.13%.

Performance Summary

Currency	Jun 25, 2024	Jun 24, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.5	278.6224	0.1224	-0.2903	7.4905	3.3607	0.04%	0%	-0.1%	-0.06%	2.69%	1.21%
EUR	298.747	298.4464	-0.3006	2.415	14.1838	12.7513	-0.1%	-0.17%	0.81%	0.83%	4.75%	4.27%
GBP	353.514	352.5967	-0.9173	-0.1737	10.6233	5.0832	-0.26%	0.29%	-0.05%	0.03%	3.01%	1.44%
CHF	311.8003	311.7454	-0.0549	-7.5631	7.9565	23.2695	-0.02%	0.05%	-2.43%	-1.35%	2.55%	7.46%
JPY	1.7467	1.7447	-0.002	0.0247	0.2456	0.2428	-0.11%	1.2%	1.41%	1.4%	14.06%	13.9%
SAR	74.231	74.2716	0.0406	-0.0536	2.023	0.9318	0.05%	0%	-0.07%	-0.03%	2.73%	1.26%
AED	75.8215	75.8559	0.0344	-0.078	2.0403	0.9212	0.05%	0%	-0.1%	-0.06%	2.69%	1.21%
CNY	38.3469	38.368	0.0211	0.0544	1.3228	1.2845	0.06%	0.1%	0.14%	0.22%	3.45%	3.35%

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	-1.1%	10.27%	04-Jul-23	05-Sep-23	357	294
EUR	291.618	332.701	41.083	-2.39%	11.37%	16-Oct-23	31-Aug-23	253	299
GBP	337.032	387.972	50.9401	-4.66%	9.75%	16-Oct-23	31-Aug-23	253	299
CHF	306.458	347.163	40.7049	-1.71%	11.34%	13-Oct-23	31-Aug-23	256	299
JPY	1.851	2.1004	0.2494	5.97%	20.25%	16-Oct-23	01-Sep-23	253	298
SAR	73.4412	81.8703	8.4291	-1.06%	10.29%	04-Jul-23	05-Sep-23	357	294
AED	74.9888	83.6089	8.6201	-1.1%	10.27%	04-Jul-23	05-Sep-23	357	294
CNY	37.8634	42.0637	4.2003	-1.26%	9.69%	16-Oct-23	01-Sep-23	253	298

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