PKR inches down against USD

By MG News | October 08, 2024 at 03:23 PM GMT+05:00

0:00

October 08, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 2.78 paisa or 0.01% against the US dollar in Tuesday's interbank session to settle the trade at PKR 277.67 per USD, compared to previous closing of 277.64.

Throughout the day, the currency saw an intraday high (bid) of 277.80 and a low (ask) of 277.70.

In the open market, exchange companies quoted the dollar at 278.3 for buying and 279.69 for selling.

In comparison to major currencies, PKR lost 72.47 paisa against the Euro, closing at 305.2 compared to the previous value of 304.48.

The British Pound became cheaper by 40.78 paisa closing at 363.48 compared to 363.89 from a day ago.

The Swiss franc saw gains of 1.43 rupees, closing at 325.12 compared to 323.69 from the previous session.

Against the Japanese Yen, PKR lost 0.8 paisa, closing at 1.8807 versus 1.8727 a day ago.

The Chinese Yuan lost 17.39 paisa, closing at 39.38 against 39.56 from the previous session.

The Saudi Riyal closed at 73.94 with a gain of 2.51 paisa from its value of 73.92 a day ago.

The U.A.E Dirham increased in value by 1.17 paisa from 75.6 a day ago to 75.59.

During the current financial year, PKR has appreciated against the Dollar by 67.11 paisa or 0.24%. While the current calendar year has seen PKR appreciate by 4.19 rupees or 1.51%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 2 bps to 14.46% and 14.71%.

Performance Summary

Currency	Oct 08, 2024	Oct 07, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	277.6701	277.6423	-0.0278	1.0299	0.6711	4.1906	-0.01%	0.01%	0.37%	0.02%	0.24%	1.51%
EUR	305.2011	304.4764	-0.7247	3.0132	-7.5151	6.2972	-0.24%	1.13%	0.99%	1.79%	-2.46%	2.06%
GBP	363.484	363.8918	0.4078	1.7384	-11.5632	-4.8868	0.11%	1.9%	0.48%	2.38%	-3.18%	-1.34%
CHF	325.1216	323.6867	-1.4349	4.2526	-15.716	9.9482	-0.44%	0.75%	1.31%	1.28%	-4.83%	3.06%
JPY	1.8807	1.8727	-0.008	0.0668	-0.1509	0.1088	-0.43%	2.41%	3.55%	3.68%	-8.02%	5.79%
SAR	73.9448	73.9197	-0.0251	0.3118	0.2499	1.218	-0.03%	0.1%	0.42%	0.11%	0.34%	1.65%
AED	75.5976	75.5859	-0.0117	0.2804	0.1828	1.1451	-0.02%	0.01%	0.37%	0.02%	0.24%	1.51%
CNY	39.3847	39.5586	0.1739	-0.1982	-1.0795	0.2467	0.44%	0.46%	-0.5%	0.52%	-2.74%	0.63%

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	-0.3%	3.77%	16-Oct-23	15-Nov-23	358	328
EUR	291.618	313.496	21.8787	-4.45%	2.72%	16-Oct-23	29-Nov-23	358	314
GBP	337.032	362.283	25.2507	-7.28%	-0.33%	16-Oct-23	29-Nov-23	358	314
CHF	306.458	329.845	23.3868	-5.74%	1.45%	13-Oct-23	22-Dec-23	361	291
JPY	1.851	1.9892	0.1382	-1.58%	5.77%	16-Oct-23	18-Dec-23	358	295
SAR	73.8029	76.8293	3.0264	-0.19%	3.9%	16-Oct-23	15-Nov-23	358	328
AED	75.3681	78.4505	3.0824	-0.3%	3.77%	16-Oct-23	15-Nov-23	358	328
CNY	37.8634	40.0793	2.2159	-3.86%	1.76%	16-Oct-23	21-Nov-23	358	322

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