PKR gains around 5 paisa against greenback

MG News | October 02, 2024 at 04:12 PM GMT+05:00

0:00

October 02, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 4.95 paisa or 0.02% against the US dollar in Wednesday's interbank session to settle the trade at PKR 277.64 per USD, compared to previous closing of 277.69.

Throughout the day, the currency saw an intraday high (bid) of 277.7 and a low (ask) of 277.6.

In the open market, exchange companies quoted the dollar at 278.5 for buying and 280 for selling.

In comparison to major currencies, PKR gained 1.32 rupees against the Euro, closing at 307.32 compared to the previous value of 308.64.

The British Pound became cheaper by 1.43 rupees closing at 368.97 compared to 370.39 from a day ago.

The Swiss franc saw gains of 79.37 paisa, closing at 328.35 compared to 327.56 from the previous session.

Against the Japanese Yen, PKR lost 0.17 paisa, closing at 1.9277 versus 1.926 a day ago.

The Chinese Yuan lost 0.71 paisa, closing at 39.56 against 39.57 from the previous session.

The Saudi Riyal closed at 73.97 with a loss of 4.18 paisa from its value of 74.02 a day ago.

The U.A.E Dirham decreased in value by 1.35 paisa from 75.59 a day ago to 75.6.

During the current financial year, PKR has appreciated against the Dollar by 70.38 paisa or 0.25%. While the current calendar year has seen PKR appreciate by 4.22 rupees or 1.52%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 7 bps to 14.77% and 15.02%.

Performance Summary

Currency	Oct 02, 2024	Oct 01, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	277.6374	277.6869	0.0495	1.0626	0.7038	4.2233	0.02%	0.08%	0.38%	0.03%	0.25%	1.52%
EUR	307.3168	308.6351	1.3183	0.8697	-9.6308	4.1815	0.43%	1.18%	0.28%	1.09%	-3.13%	1.36%
GBP	368.9662	370.3927	1.4265	-3.2421	-17.0454	-10.369	0.39%	0.84%	-0.88%	0.86%	-4.62%	-2.81%
CHF	328.3513	327.5576	-0.7937	-1.6795	-18.9457	6.7185	-0.24%	0.18%	-0.51%	0.29%	-5.77%	2.05%
JPY	1.9277	1.926	-0.0017	-0.0186	-0.1979	0.0618	-0.09%	0.15%	-0.96%	1.15%	-10.27%	3.21%
SAR	73.9745	74.0163	0.0418	0.292	0.2202	1.1883	0.06%	0.11%	0.39%	0.07%	0.3%	1.61%
AED	75.5887	75.6022	0.0135	0.2914	0.1917	1.154	0.02%	0.08%	0.39%	0.03%	0.25%	1.53%
CNY	39.5579	39.565	0.0071	-0.3935	-1.2527	0.0735	0.02%	0.06%	-0.99%	0.08%	-3.17%	0.19%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.835	288.141	11.306	-0.29%	3.78%	16-Oct-23	15-Nov-23	352	322
EUR	291.618	313.496	21.8787	-5.11%	2.01%	16-Oct-23	29-Nov-23	352	308
GBP	337.032	362.283	25.2507	-8.65%	-1.81%	16-Oct-23	29-Nov-23	352	308
CHF	306.458	329.845	23.3868	-6.67%	0.45%	13-Oct-23	22-Dec-23	355	285
JPY	1.851	1.9892	0.1382	-3.98%	3.19%	16-Oct-23	18-Dec-23	352	289
SAR	73.8029	76.8293	3.0264	-0.23%	3.86%	16-Oct-23	15-Nov-23	352	322
AED	75.3681	78.4505	3.0824	-0.29%	3.79%	16-Oct-23	15-Nov-23	352	322
CNY	37.8634	40.0793	2.2159	-4.28%	1.32%	16-Oct-23	21-Nov-23	352	316

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