PKR loses 6 paisa against USD

By MG News | September 03, 2024 at 05:02 PM GMT+05:00

0:00

September 03, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 5.69 paisa or 0.02% against the US dollar in Tuesday's interbank session to settle the trade at PKR 278.70 per USD, compared to previous closing of 278.64.

Throughout the day, the currency saw an intraday high (bid) of 278.90 and a low (ask) of 278.65.

In the open market, exchange companies quoted the dollar at 278.97 for buying and 279.75 for selling.

In comparison to major currencies, PKR gained 25.75 paisa against the Euro, closing at 308.19 compared to the previous value of 308.44.

The British Pound became cheaper by 37.11 paisa closing at 365.72 compared to 366.1 from a day ago.

The Swiss franc saw losses of 1.43 rupees, closing at 326.67 compared to 328.1 from the previous session.

Against the Japanese Yen, PKR lost 0.72 paisa, closing at 1.9091 versus 1.9019 a day ago.

The Chinese Yuan lost 3.91 paisa, closing at 39.16 against 39.2 from the previous session.

The Saudi Riyal closed at 74.27 with a gain of 1.32 paisa from its value of 74.25 a day ago.

The U.A.E Dirham increased in value by 1.55 paisa from 75.88 a day ago to 75.86.

During the current financial year, PKR has depreciated against the Dollar by 35.88 paisa or 0.13%. While the current calendar year has seen PKR appreciate by 3.16 rupees or 1.13%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 2 bps to 17.64% and 17.89%.

Performance Summary

Currency	Sep 03, 2024	Sep 02, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.7	278.6431	-0.0569	-0.2	-0.3588	3.1607	-0.02%	-0.14%	-0.07%	-0.06%	-0.13%	1.13%
EUR	308.1865	308.444	0.2575	-7.3647	-10.5005	3.3118	0.08%	0.87%	-2.39%	0.2%	-3.41%	1.07%
GBP	365.7241	366.0952	0.3711	-11.5974	-13.8033	-7.1269	0.1%	0.51%	-3.17%	0.44%	-3.77%	-1.95%
CHF	326.6718	328.1049	1.4331	-7.0895	-17.2662	8.398	0.44%	0.51%	-2.17%	0.53%	-5.29%	2.57%
JPY	1.9091	1.9019	-0.0072	-0.0414	-0.1793	0.0804	-0.38%	0.56%	-2.17%	0.62%	-9.39%	4.21%
SAR	74.2665	74.2533	-0.0132	-0.0612	-0.0718	0.8963	-0.02%	-0.12%	-0.08%	-0.05%	-0.1%	1.21%
AED	75.8801	75.8646	-0.0155	-0.0545	-0.0997	0.8626	-0.02%	-0.14%	-0.07%	-0.06%	-0.13%	1.14%
CNY	39.1644	39.2035	0.0391	-0.5685	-0.8592	0.467	0.1%	-0.34%	-1.45%	0.32%	-2.19%	1.19%

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	-0.67%	10.19%	16-Oct-23	05-Sep-23	323	364
EUR	291.618	330.132	38.5147	-5.38%	7.12%	16-Oct-23	05-Sep-23	323	364
GBP	337.032	385.459	48.4267	-7.85%	5.4%	16-Oct-23	06-Sep-23	323	363
CHF	306.458	345.95	39.4918	-6.19%	5.9%	13-Oct-23	05-Sep-23	326	364
JPY	1.851	2.0898	0.2388	-3.04%	9.47%	16-Oct-23	05-Sep-23	323	364
SAR	73.8029	81.8703	8.0674	-0.62%	10.24%	16-Oct-23	05-Sep-23	323	364
AED	75.3681	83.6089	8.2408	-0.67%	10.19%	16-Oct-23	05-Sep-23	323	364
CNY	37.8634	42.0437	4.1803	-3.32%	7.35%	16-Oct-23	05-Sep-23	323	364

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