PKR loses 8 paisa against USD

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

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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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