PKR loses 11 paisa against USD

MG News | July 10, 2024 at 03:50 PM GMT+05:00

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July 10, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 11.05 paisa against the US dollar in Wednesday's interbank session as the currency settled the trade at PKR 278.51 per USD, compared to the previous session's closing of PKR 278.4 per USD.

The currency saw an intraday high (bid) of 278.7 and a low (ask) of 278.5.

In the open market, exchange companies quoted the dollar at 279.03 for buying and 281.00 for selling.

In comparison to major currencies, PKR lost 11.96 paisa against the Euro, closing at 301.29 compared to the previous value of 301.17.

The British Pound remained stable at 356.41.

The Swiss franc saw gains of 64.13 paisa, closing at 310.47 compared to 309.83 from the previous session.

Against the Japanese Yen, PKR gained 0.54 paisa, closing at 1.7247 versus 1.7301 a day ago.

The Chinese Yuan lost 0.53 paisa, closing at 38.28 against 38.28 from the previous session.

The Saudi Riyal closed at 74.26 with a gain of 3.74 paisa from its value of 74.22 a day ago.

The U.A.E Dirham increased in value by 2.9 paisa from 75.83 a day ago to 75.8.

During the current financial year, PKR has depreciated against the Dollar by 16.93 paisa or 0.06%. While the current calendar year has seen PKR appreciate by 3.35 rupees or 1.2%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 2 bps to 19.83% and 20.08%.

Performance Summary

Currency	Jul 10, 2024	Jul 09, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.5105	278.4	-0.1105	-0.0129	-0.1693	3.3502	-0.04%	-0.04%	0%	-0.06%	-0.06%	1.2%
EUR	301.2927	301.1731	-0.1196	-1.5458	-3.6067	10.2056	-0.04%	-0.57%	-0.51%	-1.2%	-1.2%	3.39%
GBP	356.4099	356.3938	-0.0161	-2.0635	-4.4891	2.1873	0%	-0.85%	-0.58%	-1.26%	-1.26%	0.61%
CHF	310.4738	309.8325	-0.6413	-0.0317	-1.0682	24.596	-0.21%	-0.78%	-0.01%	-0.34%	-0.34%	7.92%
JPY	1.7247	1.7301	0.0054	0.0452	0.0051	0.2648	0.31%	-0.21%	2.62%	0.3%	0.3%	15.35%
SAR	74.2556	74.2182	-0.0374	0.0065	-0.0609	0.9072	-0.05%	-0.06%	0.01%	-0.08%	-0.08%	1.22%
AED	75.8264	75.7974	-0.029	-0.0045	-0.046	0.9163	-0.04%	-0.04%	-0.01%	-0.06%	-0.06%	1.21%
CNY	38.2788	38.2841	0.0053	0.1127	0.0264	1.3526	0.01%	-0.01%	0.29%	0.07%	0.07%	3.53%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.462	307.1	30.6377	-0.74%	10.26%	13-Jul-23	05-Sep-23	363	309
EUR	291.618	332.701	41.083	-3.21%	10.42%	16-Oct-23	31-Aug-23	268	314
GBP	337.032	387.972	50.9401	-5.44%	8.86%	16-Oct-23	31-Aug-23	268	314
CHF	306.458	347.163	40.7049	-1.29%	11.82%	13-Oct-23	31-Aug-23	271	314
JPY	1.851	2.1004	0.2494	7.32%	21.78%	16-Oct-23	01-Sep-23	268	313
SAR	73.6917	81.8703	8.1786	-0.76%	10.25%	13-Jul-23	05-Sep-23	363	309
AED	75.2677	83.6089	8.3412	-0.74%	10.26%	13-Jul-23	05-Sep-23	363	309
CNY	37.8634	42.0637	4.2003	-1.09%	9.89%	16-Oct-23	01-Sep-23	268	313

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