PKR gains around 7 paisa against USD

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

0:00

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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