PKR gains around 9 paisa against greenback

By MG News | August 26, 2024 at 04:32 PM GMT+05:00

0:00

August 26, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 8.56 paisa or 0.03% against the US dollar in Monday's interbank session to settle the trade at PKR 278.42 per USD, compared to previous closing of 278.5.

Throughout the day, the currency saw an intraday high (bid) of 278.60 and a low (ask) of 278.45.

In the open market, exchange companies quoted the dollar at 279 for buying and 280 for selling.

In comparison to major currencies, PKR lost 1.56 rupees against the Euro, closing at 311.24 compared to the previous value of 309.68.

The British Pound became expensive by 2 rupees closing at 367.36 compared to 365.35 from a day ago.

The Swiss franc saw gains of 1.68 rupees, closing at 328.81 compared to 327.13 from the previous session.

Against the Japanese Yen, PKR lost 2.54 paisa, closing at 1.9343 versus 1.9089 a day ago.

The Chinese Yuan gained 8.03 paisa, closing at 39.1 against 39.02 from the previous session.

The Saudi Riyal closed at 74.2 with a loss of 2.28 paisa from its value of 74.22 a day ago.

The U.A.E Dirham decreased in value by 2.33 paisa from 75.8 a day ago to 75.83.

During the current financial year, PKR has depreciated against the Dollar by 7.61 paisa or 0.03%. While the current calendar year has seen PKR appreciate by 3.44 rupees or 1.24%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 17.61% and 17.86%.

Performance Summary

Currency	Aug 26, 2024	Aug 23, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.4173	278.5029	0.0856	-0.0791	-0.0761	3.4434	0.03%	0.01%	-0.03%	0.12%	-0.03%	1.24%
EUR	311.2427	309.6813	-1.5614	-9.1901	-13.5567	0.2556	-0.5%	-1.2%	-2.95%	-3.15%	-4.36%	0.08%
GBP	367.3576	365.3541	-2.0035	-9.1503	-15.4368	-8.7604	-0.55%	-1.7%	-2.49%	-2.61%	-4.2%	-2.38%
CHF	328.8069	327.1309	-1.676	-13.6594	-19.4013	6.2629	-0.51%	-1.94%	-4.15%	-3.78%	-5.9%	1.9%
JPY	1.9343	1.9089	-0.0254	-0.1266	-0.2045	0.0552	-1.31%	-1.45%	-6.55%	-4.28%	-10.57%	2.85%
SAR	74.2011	74.2239	0.0228	-0.0092	-0.0064	0.9617	0.03%	0%	-0.01%	0.13%	-0.01%	1.3%
AED	75.8031	75.8264	0.0233	-0.0236	-0.0227	0.9396	0.03%	0.01%	-0.03%	0.11%	-0.03%	1.24%
CNY	39.0978	39.0175	-0.0803	-0.7119	-0.7926	0.5336	-0.21%	-0.25%	-1.82%	-1.29%	-2.03%	1.36%

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	307.1	30.265	-0.57%	10.3%	16-Oct-23	05-Sep-23	315	356
EUR	291.618	332.701	41.083	-6.31%	6.89%	16-Oct-23	31-Aug-23	315	361
GBP	337.032	387.972	50.9401	-8.26%	5.61%	16-Oct-23	31-Aug-23	315	361
CHF	306.458	347.163	40.7049	-6.8%	5.58%	13-Oct-23	31-Aug-23	318	361
JPY	1.851	2.1004	0.2494	-4.31%	8.59%	16-Oct-23	01-Sep-23	315	360
SAR	73.8029	81.8703	8.0674	-0.54%	10.34%	16-Oct-23	05-Sep-23	315	356
AED	75.3681	83.6089	8.2408	-0.57%	10.3%	16-Oct-23	05-Sep-23	315	356
CNY	37.8634	42.0637	4.2003	-3.16%	7.59%	16-Oct-23	01-Sep-23	315	360

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