PKR gains 13 paisa against USD

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

0:00

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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