PKR gains around 7 paisa against USD

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By MG News | September 24, 2024 at 04:03 PM GMT+05:00

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September 24, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 6.6 paisa or 0.02% against the US dollar in Tuesday's interbank session to settle the trade at PKR 277.8 per USD, compared to previous closing of 277.87.

Throughout the day, the currency saw an intraday high (bid) of 277.95 and a low (ask) of 277.85.

In the open market, exchange companies quoted the dollar at 279.41 for buying and 280.7 for selling.

In comparison to major currencies, PKR lost 91.3 paisa against the Euro, closing at 309.32 compared to the previous value of 308.41.

The British Pound became expensive by 2.5 rupees closing at 371.02 compared to 368.52 from a day ago.

The Swiss franc saw gains of 1.39 rupees, closing at 327.81 compared to 326.42 from the previous session.

Against the Japanese Yen, PKR gained 1.03 paisa, closing at 1.9247 versus 1.935 a day ago.

The Chinese Yuan gained 10.84 paisa, closing at 39.48 against 39.37 from the previous session.

The Saudi Riyal closed at 74.05 with a gain of 0.02 paisa from its value of 74.05 a day ago.

The U.A.E Dirham decreased in value by 1.8 paisa from 75.63 a day ago to 75.65.

During the current financial year, PKR has appreciated against the Dollar by 53.83 paisa or 0.19%. While the current calendar year has seen PKR appreciate by 4.06 rupees or 1.46%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 3 bps to 15.93% and 16.18%.

Performance Summary

Currency Sep 24, 2024 Sep 23, 2024 Change 1 Month FYTD CYTD 1 Day 7 Day 1 Month MTD FYTD CYTD
USD 277.8029 277.8689 0.066 0.7 0.5383 4.0578 0.02% 0.12% 0.25% 0.26% 0.19% 1.46%
EUR 309.3197 308.4067 -0.913 0.3616 -11.6337 2.1786 -0.3% -0.01% 0.12% -0.17% -3.76% 0.7%
GBP 371.0197 368.5237 -2.496 -5.6656 -19.0989 -12.4225 -0.67% -1.2% -1.53% -0.99% -5.15% -3.35%
CHF 327.8105 326.4246 -1.3859 -0.6796 -18.4049 7.2593 -0.42% 0.5% -0.21% 0.18% -5.61% 2.21%
JPY 1.9247 1.935 0.0103 -0.0158 -0.1949 0.0648 0.54% 3.29% -0.82% -0.19% -10.13% 3.37%
SAR 74.0492 74.049 -0.0002 0.1747 0.1455 1.1136 0% 0.08% 0.24% 0.24% 0.2% 1.5%
AED 75.6338 75.6518 0.018 0.1926 0.1466 1.1089 0.02% 0.12% 0.25% 0.27% 0.19% 1.47%
CNY 39.4794 39.371 -0.1084 -0.4619 -1.1742 0.152 -0.27% -0.69% -1.17% -0.48% -2.97% 0.39%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 276.835 289.801 12.9663 -0.35% 4.32% 16-Oct-23 26-Sep-23 344 364
EUR 291.618 313.496 21.8787 -5.72% 1.35% 16-Oct-23 29-Nov-23 344 300
GBP 337.032 362.283 25.2507 -9.16% -2.35% 16-Oct-23 29-Nov-23 344 300
CHF 306.458 329.845 23.3868 -6.51% 0.62% 13-Oct-23 22-Dec-23 347 277
JPY 1.851 1.9892 0.1382 -3.83% 3.35% 16-Oct-23 18-Dec-23 344 281
SAR 73.8029 77.2514 3.4485 -0.33% 4.32% 16-Oct-23 26-Sep-23 344 364
AED 75.3681 78.8982 3.5301 -0.35% 4.32% 16-Oct-23 26-Sep-23 344 364
CNY 37.8634 40.0793 2.2159 -4.09% 1.52% 16-Oct-23 21-Nov-23 344 308

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