PKR loses 12 paisa against USD

By MG News | November 11, 2024 at 04:09 PM GMT+05:00

0:00

November 11, 2024 (MLN): The Pakistani rupee (PKR) decreased by 12.36 paisa or 0.04% against the US dollar in Monday's interbank session to settle the trade at PKR 277.86 per USD, compared to previous closing of 277.74.

Throughout the day, the currency saw an intraday high (bid) of 277.90 and a low (ask) of 277.80.

In the open market, exchange companies quoted the dollar at 276.83 for buying and 278.74 for selling.

In comparison to major currencies, PKR appreciated 1.92 rupees or 0.64% against the Euro, closing at 297.02 compared to the previous value of 298.94.

Against the British Pound, PKR gained by 1.29 rupees or 0.36% to 358.26 compared to 359.55 a day ago.

The local unit strengthened 1.45 rupees or 0.46% against Swiss franc to close at 316.45.

Against the Japanese Yen, PKR's value increased 1.24 paisa or 0.68% to close the session at 1.8076 versus 1.8200 a day ago.

Pakistani Rupee appreciated 12.72 paisa or 0.33% against Chinese Yuan to close at 38.66 from 38.79.

The local currency deteriorated by 3.68 paisa or 0.05% against Saudi Riyal to 73.98. While it deteriorated by 3.47 paisa or 0.05% against the U.A.E Dirham to close at 75.65.

During the current fiscal year, PKR has strengthened against the US Dollar by 48.02 paisa or 0.17%. While it has increased 4.00 rupees or 1.44% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 4 bps to 13.09% and 13.34%.

Performance Summary

Currency	Nov 11, 2024	Nov 08, 2024	1D		7D		1M		FYTD		CYTD
USD	277.8610	277.7374	-0.1236	-0.04%	-0.0734	-0.03%	-0.2231	-0.08%	0.4802	0.17%	3.9997	1.44%
EUR	297.0195	298.9427	1.9232	0.65%	5.6162	1.89%	6.9245	2.33%	0.6665	0.22%	14.4788	4.87%
GBP	358.2600	359.5450	1.2850	0.36%	2.0444	0.57%	4.7931	1.34%	-6.3392	-1.77%	0.3372	0.09%
CHF	316.4523	317.9047	1.4524	0.46%	4.7452	1.50%	7.6071	2.40%	-7.0467	-2.23%	18.6175	5.88%
JPY	1.8076	1.8200	0.0124	0.69%	0.0193	1.07%	0.0573	3.17%	-0.0778	-4.30%	0.1819	10.06%
SAR	73.9759	73.9391	-0.0368	-0.05%	-0.0136	-0.02%	-0.0377	-0.05%	0.2188	0.30%	1.1869	1.60%
AED	75.6496	75.6149	-0.0347	-0.05%	-0.0200	-0.03%	-0.0607	-0.08%	0.1308	0.17%	1.0931	1.44%
CNY	38.6619	38.7891	0.1272	0.33%	0.4786	1.24%	0.6202	1.60%	-0.3567	-0.92%	0.9695	2.51%

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	288.1406	10.6227	-0.12%	3.70%	04-Oct-24	15-Nov-23	38	362
EUR	295.5304	313.4962	17.9658	-0.50%	5.55%	16-Apr-24	29-Nov-23	209	348
GBP	343.9880	372.1217	28.1337	-3.98%	3.87%	23-Apr-24	30-Sep-24	202	42
CHF	304.0534	335.8529	31.7996	-3.92%	6.13%	27-May-24	28-Dec-23	168	319
JPY	1.7211	2.0020	0.2809	-4.78%	10.75%	03-Jul-24	28-Dec-23	131	319
SAR	73.8767	76.8293	2.9526	-0.13%	3.86%	04-Oct-24	15-Nov-23	38	362
AED	75.5541	78.4505	2.8964	-0.13%	3.70%	04-Oct-24	15-Nov-23	38	362
CNY	38.2611	40.0793	1.8182	-1.04%	3.67%	22-Jul-24	21-Nov-23	112	356

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