PKR increases by 5 paisa against USD

By MG News | December 18, 2024 at 03:55 PM GMT+05:00

0:00

December 18, 2024 (MLN): The Pakistani rupee (PKR) strengthened by around 5 paisa or 0.02% against the US dollar in Wednesday's interbank session to settle the trade at PKR 278.23 per USD, compared to previous closing of 278.27.

Throughout the day, the currency saw an intraday high (bid) of 278.10 and a low (ask) of 278.10.

In the open market, exchange companies quoted the dollar at 278 for buying and 279.25 for selling.

In comparison to major currencies, PKR gained 28.65 paisa or 0.10% against the Euro, closing at 291.86 compared to the previous value of 292.14.

Against the British Pound, PKR strengthened by 56.12 paisa or 0.16% to 352.89 compared to 353.45 a day ago.

The local unit fell 93.63 paisa or 0.30% against Swiss franc to close at 311.28.

Against the Japanese Yen, PKR's value depreciated 0.58 paisa or 0.32% to close the session at 1.8117 versus 1.8059 a day ago.

Pakistani Rupee increased 1.80 paisa or 0.05% against Chinese Yuan to close at 38.19 from 38.21.

The local currency gained by 1.26 paisa or 0.02% against Saudi Riyal to 74.05. While it appreciated by 1.30 paisa or 0.02% against the U.A.E Dirham to close at 75.75.

During the current fiscal year, PKR has strengthened against the US Dollar by 11.62 paisa or 0.04%. While it has appreciated 3.64 rupees or 1.31% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates unchanged by 0bps to 11.98% and 12.23%.

Performance Summary

Currency	Dec 18, 2024	Dec 17, 2024	1D		7D		1M		FYTD		CYTD
USD	278.2250	278.2726	0.0476	0.02%	-0.0568	-0.02%	-0.3696	-0.13%	0.1162	0.04%	3.6357	1.31%
EUR	291.8580	292.1445	0.2865	0.10%	0.2604	0.09%	1.1544	0.40%	5.8280	2.00%	19.6403	6.73%
GBP	352.8867	353.4479	0.5612	0.16%	1.5970	0.45%	-2.3026	-0.65%	-0.9659	-0.27%	5.7105	1.62%
CHF	311.2833	310.3470	-0.9363	-0.30%	3.1555	1.01%	1.9168	0.62%	-1.8777	-0.60%	23.7865	7.64%
JPY	1.8117	1.8059	-0.0058	-0.32%	0.0139	0.77%	-0.0175	-0.97%	-0.0819	-4.52%	0.1778	9.81%
SAR	74.0492	74.0618	0.0126	0.02%	-0.0329	-0.04%	-0.0255	-0.03%	0.1455	0.20%	1.1136	1.50%
AED	75.7487	75.7617	0.0130	0.02%	-0.0165	-0.02%	-0.0996	-0.13%	0.0317	0.04%	0.9940	1.31%
CNY	38.1881	38.2061	0.0180	0.05%	0.0636	0.17%	0.1744	0.46%	0.1171	0.31%	1.4433	3.78%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	277.5179	283.2099	5.6920	-0.25%	1.79%	04-Oct-24	18-Dec-23	75	366
EUR	290.2794	313.4799	23.2005	-0.54%	7.41%	25-Nov-24	28-Dec-23	23	356
GBP	343.9880	372.1217	28.1337	-2.52%	5.45%	23-Apr-24	30-Sep-24	239	79
CHF	304.0534	335.8529	31.7996	-2.32%	7.89%	27-May-24	28-Dec-23	205	356
JPY	1.7211	2.0020	0.2809	-5.00%	10.50%	03-Jul-24	28-Dec-23	168	356
SAR	73.8767	75.4904	1.6137	-0.23%	1.95%	04-Oct-24	18-Dec-23	75	366
AED	75.5541	77.1132	1.5591	-0.26%	1.80%	04-Oct-24	18-Dec-23	75	366
CNY	38.1528	39.7114	1.5586	-0.09%	3.99%	03-Dec-24	18-Dec-23	15	366

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