Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

PKR gains further against USD

PKR surges most in six months after IMF loan deal
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

June 28, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 3.38 paisa against the US dollar in Friday's interbank session as the currency settled the trade at PKR 278.34 per USD, compared to the previous session's closing of PKR 278.38 per USD.

The currency saw an intraday high (bid) of 278.85 and a low (ask) of 278.65.

In the open market, exchange companies quoted the dollar at 277.75 for buying and 280.50 for selling.

In comparison to major currencies, PKR lost 13.09 paisa against the Euro, closing at 297.69 compared to the previous value of 297.56.

The British Pound became expensive by 24.96 paisa closing at 351.92 compared to 351.67 from a day ago.

The Swiss franc saw losses of 70.97 paisa, closing at 309.41 compared to 310.12 from the previous session.

Against the Japanese Yen, PKR gained 0.41 paisa, closing at 1.7298 versus 1.7339 a day ago.

The Chinese Yuan gained 0.82 paisa, closing at 38.31 against 38.3 from the previous session.

The Saudi Riyal closed at 74.19 with a loss of 0.8 paisa from its value of 74.2 a day ago.

The U.A.E Dirham decreased in value by 0.81 paisa from 75.78 a day ago to 75.79.

During the current financial year, PKR has appreciated against the Dollar by 7.65 rupees or 2.75%. While the current calendar year has seen PKR appreciate by 3.52 rupees or 1.26%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 2 bps to 19.89% and 20.14%.

Meanwhile, the State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.18 trillion into the market. 

Performance Summary

Currency Jun 28, 2024 Jun 27, 2024 Change 1 Month FYTD CYTD 1 Day 7 Day 1 Month MTD FYTD CYTD
USD 278.3412 278.375 0.0338 0.0619 7.6493 3.5195 0.01% 0.06% 0.02% -0.01% 2.75% 1.26%
EUR 297.686 297.5551 -0.1309 4.0473 15.2448 13.8123 -0.04% -0.04% 1.36% 1.19% 5.12% 4.64%
GBP 351.9208 351.6712 -0.2496 3.3494 12.2165 6.6764 -0.07% 0.1% 0.95% 0.48% 3.47% 1.9%
CHF 309.4056 310.1153 0.7097 -4.3398 10.3512 25.6642 0.23% 1.03% -1.4% -0.59% 3.35% 8.29%
JPY 1.7298 1.7339 0.0041 0.0418 0.2625 0.2597 0.24% 1.4% 2.42% 2.39% 15.18% 15.01%
SAR 74.1947 74.2027 0.008 0.0342 2.0593 0.9681 0.01% 0.06% 0.05% 0.02% 2.78% 1.3%
AED 75.7804 75.7885 0.0081 0.0147 2.0814 0.9623 0.01% 0.06% 0.02% -0.01% 2.75% 1.27%
CNY 38.3052 38.297 -0.0082 0.1018 1.3645 1.3262 -0.02% 0.13% 0.27% 0.33% 3.56% 3.46%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 275.438 307.1 31.6619 -1.04% 10.33% 04-Jul-23 05-Sep-23 360 297
EUR 291.618 332.701 41.083 -2.04% 11.76% 16-Oct-23 31-Aug-23 256 302
GBP 337.032 387.972 50.9401 -4.23% 10.24% 16-Oct-23 31-Aug-23 256 302
CHF 306.458 347.163 40.7049 -0.95% 12.2% 13-Oct-23 31-Aug-23 259 302
JPY 1.851 2.1004 0.2494 7.01% 21.42% 16-Oct-23 01-Sep-23 256 301
SAR 73.4412 81.8703 8.4291 -1.02% 10.35% 04-Jul-23 05-Sep-23 360 297
AED 74.9888 83.6089 8.6201 -1.04% 10.33% 04-Jul-23 05-Sep-23 360 297
CNY 37.8634 42.0637 4.2003 -1.15% 9.81% 16-Oct-23 01-Sep-23 256 301

Copyright Mettis Link News

Posted on: 2024-06-28T14:56:38+05:00