PKR gains 13 paisa against USD

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MG News | January 23, 2025 at 03:30 PM GMT+05:00

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January 23, 2025 (MLN): The Pakistani rupee (PKR) appreciated by 12.99 paisa or 0.05% against the US dollar in Thursday's interbank session to settle the trade at PKR 278.72 per USD, compared to previous closing of 278.85.

Throughout the day, the currency saw an intraday high (bid) of 278.85 and a low (ask) of 278.70.

In the open market, exchange companies quoted the dollar at 279 for buying and 281.3 for selling.

In comparison to major currencies, PKR increased 58.12 paisa or 0.20% against the Euro, closing at 289.72 compared to the previous value of 290.30.

Against the British Pound, PKR strengthened by 70.36 paisa or 0.20% to 342.77 compared to 343.48 a day ago.

The local unit strengthened 34.66 paisa or 0.11% against Swiss franc to close at 307.20.

Against the Japanese Yen, PKR's value rose 0.75 paisa or 0.42% to close the session at 1.7795 versus 1.7870 a day ago.

Pakistani Rupee rose 3.28 paisa or 0.09% against Chinese Yuan to close at 38.25 from 38.29.

The local currency appreciated by 2.28 paisa or 0.03% against Saudi Riyal to 74.30. While it strengthened by 3.54 paisa or 0.05% against the U.A.E Dirham to close at 75.88.

During the current fiscal year, PKR has fell against the US Dollar by 38.16 paisa or 0.14%. While it has weakened 17.28 paisa or 0.06% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates fell by 20bps to 11.41% and 11.66%.

Performance Summary

Currency Jan 23, 2025 Jan 22, 2025 1D 7D 1M FYTD CYTD
USD 278.7228 278.8527 0.1299 0.05% 0.1333 0.05% -0.1551 -0.06% -0.3816 -0.14% -0.1728 -0.06%
EUR 289.7184 290.2996 0.5812 0.20% -2.5803 -0.89% 0.4656 0.16% 7.9676 2.75% 0.3636 0.13%
GBP 342.7733 343.4769 0.7036 0.21% -2.0251 -0.59% 7.1496 2.09% 9.1475 2.67% 6.9323 2.02%
CHF 307.2003 307.5469 0.3466 0.11% -1.4538 -0.47% 4.2052 1.37% 2.2053 0.72% 1.2374 0.40%
JPY 1.7795 1.7870 0.0075 0.42% 0.0055 0.31% -0.0012 -0.07% -0.0497 -2.79% 0.0039 0.22%
SAR 74.3023 74.3251 0.0228 0.03% 0.0217 0.03% -0.1797 -0.24% -0.1076 -0.14% -0.1607 -0.22%
AED 75.8832 75.9186 0.0354 0.05% 0.0363 0.05% -0.0412 -0.05% -0.1028 -0.14% -0.0470 -0.06%
CNY 38.2546 38.2874 0.0328 0.09% -0.2200 -0.58% -0.0899 -0.24% 0.0506 0.13% -0.0931 -0.24%

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 279.7928 2.2749 -0.43% 0.38% 04-Oct-24 23-Jan-24 111 366
EUR 284.6665 311.2427 26.5762 -1.74% 7.43% 13-Jan-25 26-Aug-24 10 150
GBP 338.2418 372.1217 33.8799 -1.32% 8.56% 13-Jan-25 30-Sep-24 10 115
CHF 303.9815 330.8191 26.8376 -1.05% 7.69% 13-Jan-25 06-Sep-24 10 139
JPY 1.7211 1.9880 0.2669 -3.28% 11.72% 03-Jul-24 16-Sep-24 204 129
SAR 73.8767 74.6015 0.7248 -0.57% 0.40% 04-Oct-24 23-Jan-24 111 366
AED 75.5541 76.1776 0.6235 -0.43% 0.39% 04-Oct-24 23-Jan-24 111 366
CNY 37.9910 39.5910 1.6000 -0.69% 3.49% 10-Jan-25 30-Sep-24 13 115

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