PKR jumps 10 paisa against USD

By MG News | August 20, 2024 at 03:50 PM GMT+05:00

0:00

August 20, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 10 paisa or 0.04% against the US dollar in Tuesday's interbank session to settle the trade at PKR 278.34 per USD, compared to previous closing of 278.44.

Throughout the day, the currency saw an intraday high (bid) of 278.50 and a low (ask) of 278.30.

In the open market, exchange companies quoted the dollar at 279.00 for buying and 280.20 for selling.

In comparison to major currencies, PKR lost 89.16 paisa against the Euro, closing at 308.39 compared to the previous value of 307.5.

The British Pound became expensive by 73.32 paisa closing at 361.83 compared to 361.1 from a day ago.

The Swiss franc saw gains of 1.35 rupees, closing at 323.79 compared to 322.44 from the previous session.

Against the Japanese Yen, PKR gained 0.86 paisa, closing at 1.8977 versus 1.9063 a day ago.

The Chinese Yuan lost 3.72 paisa, closing at 38.96 against 39 from the previous session.

The Saudi Riyal closed at 74.19 with a loss of 1.48 paisa from its value of 74.2 a day ago.

The U.A.E Dirham decreased in value by 2.52 paisa from 75.78 a day ago to 75.81.

During the current financial year, PKR has depreciated against the Dollar by 0.11 paisa or 0%. 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 up by 1 bps to 18.37% and 18.62%.

Performance Summary

Currency	Aug 20, 2024	Aug 19, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.3423	278.4423	0.1	-0.2156	-0.0011	3.5184	0.04%	0.13%	-0.08%	0.14%	0%	1.26%
EUR	308.3893	307.4977	-0.8916	-5.5649	-10.7033	3.109	-0.29%	-1.25%	-1.8%	-2.26%	-3.47%	1.01%
GBP	361.831	361.0978	-0.7332	-2.1436	-9.9102	-3.2338	-0.2%	-1.38%	-0.59%	-1.12%	-2.74%	-0.89%
CHF	323.7856	322.4391	-1.3465	-10.7208	-14.38	11.2842	-0.42%	-0.7%	-3.31%	-2.29%	-4.44%	3.49%
JPY	1.8977	1.9063	0.0086	-0.1304	-0.1679	0.0918	0.45%	-0.69%	-6.87%	-2.43%	-8.85%	4.84%
SAR	74.185	74.1998	0.0148	-0.0337	0.0097	0.9778	0.02%	0.07%	-0.05%	0.15%	0.01%	1.32%
AED	75.7827	75.8079	0.0252	-0.0607	-0.0023	0.96	0.03%	0.13%	-0.08%	0.14%	0%	1.27%
CNY	38.9647	39.0019	0.0372	-0.6937	-0.6595	0.6667	0.1%	-0.26%	-1.78%	-0.96%	-1.69%	1.71%

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	-0.54%	10.33%	16-Oct-23	05-Sep-23	309	350
EUR	291.618	332.701	41.083	-5.44%	7.88%	16-Oct-23	31-Aug-23	309	355
GBP	337.032	387.972	50.9401	-6.85%	7.22%	16-Oct-23	31-Aug-23	309	355
CHF	306.458	347.163	40.7049	-5.35%	7.22%	13-Oct-23	31-Aug-23	312	355
JPY	1.851	2.1004	0.2494	-2.46%	10.68%	16-Oct-23	01-Sep-23	309	354
SAR	73.8029	81.8703	8.0674	-0.52%	10.36%	16-Oct-23	05-Sep-23	309	350
AED	75.3681	83.6089	8.2408	-0.55%	10.33%	16-Oct-23	05-Sep-23	309	350
CNY	37.8634	42.0637	4.2003	-2.83%	7.95%	16-Oct-23	01-Sep-23	309	354

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