PKR loses 8 paisa against USD

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MG News | May 15, 2024 at 04:38 PM GMT+05:00

May 15, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 8.06 paisa against the US dollar in Wednesday's interbank session as the currency settled the trade at PKR 278.26 per USD, compared to the previous session's closing of PKR 278.18 per USD.

The currency saw an intraday high (bid) of 278.55 and a low (ask) of 278.25.

In the open market, exchange companies quoted the dollar at 276.93 for buying and 279.45 for selling.

In comparison to major currencies, PKR lost 1.31 rupees against the Euro, closing at 301.25 compared to the previous value of 299.94.

The British Pound became expensive by 1.9 rupees closing at 350.45 compared to 348.55 from a day ago.

The Swiss franc saw gains of 1.12 rupees, closing at 307.36 compared to 306.24 from the previous session.

Against the Japanese Yen, PKR lost 0.5 paisa, closing at 1.7827 versus 1.7777 a day ago.

The Chinese Yuan gained 8.44 paisa, closing at 38.52 against 38.44 from the previous session.

The Saudi Riyal closed at 74.2 with a gain of 2.15 paisa from its value of 74.17 a day ago.

The U.A.E Dirham increased in value by 2.09 paisa from 75.76 a day ago to 75.74.

During the current financial year, PKR has appreciated against the Dollar by 7.73 rupees or 2.78%. While the current calendar year has seen PKR appreciate by 3.6 rupees or 1.29%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates remained unchanged at 21.31% and 21.56%.

Performance Summary

Currency May 15, 2024 May 14, 2024 Change 1 Month FYTD CYTD 1 Day 7 Day 1 Month MTD FYTD CYTD
USD 278.2648 278.1842 -0.0806 0.0255 7.7257 3.5959 -0.03% -0.06% 0.01% 0.02% 2.78% 1.29%
EUR 301.2495 299.9382 -1.3113 -5.7191 11.6813 10.2488 -0.44% -0.87% -1.9% -1.09% 3.88% 3.4%
GBP 350.4467 348.5509 -1.8958 -4.4345 13.6906 8.1505 -0.54% -1.04% -1.27% -0.42% 3.91% 2.33%
CHF 307.3561 306.2354 -1.1207 -2.3302 12.4007 27.7137 -0.36% -0.48% -0.76% -0.81% 4.03% 9.02%
JPY 1.7827 1.7777 -0.005 0.0199 0.2096 0.2068 -0.28% 0.42% 1.12% -0.44% 11.76% 11.6%
SAR 74.196 74.1745 -0.0215 -0.007 2.058 0.9668 -0.03% -0.06% -0.01% 0.01% 2.77% 1.3%
AED 75.7585 75.7376 -0.0209 0.0193 2.1033 0.9842 -0.03% -0.06% 0.03% 0.02% 2.78% 1.3%
CNY 38.523 38.4386 -0.0844 -0.0827 1.1467 1.1084 -0.22% -0.09% -0.21% -0.24% 2.98% 2.88%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 275.438 307.1 31.6619 -1.02% 10.36% 04-Jul-23 05-Sep-23 316 253
EUR 291.618 332.701 41.083 -3.2% 10.44% 16-Oct-23 31-Aug-23 212 258
GBP 337.032 387.972 50.9401 -3.83% 10.71% 16-Oct-23 31-Aug-23 212 258
CHF 306.458 347.163 40.7049 -0.29% 12.95% 13-Oct-23 31-Aug-23 215 258
JPY 1.851 2.1004 0.2494 3.83% 17.82% 16-Oct-23 01-Sep-23 212 257
SAR 73.4412 81.8703 8.4291 -1.02% 10.34% 04-Jul-23 05-Sep-23 316 253
AED 74.9888 83.6089 8.6201 -1.02% 10.36% 04-Jul-23 05-Sep-23 316 253
CNY 37.8634 42.0637 4.2003 -1.71% 9.19% 16-Oct-23 01-Sep-23 212 257

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