PKR loses 8 paisa against USD

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MG News | October 15, 2024 at 03:34 PM GMT+05:00

October 15, 2024 (MLN): The Pakistani rupee (PKR) weakened by 8.17 paisa or 0.03% against the US dollar in Tuesday's interbank session to settle the trade at PKR 277.74 per USD, compared to previous closing of 277.66.

Throughout the day, the currency saw an intraday high (bid) of 277.85 and a low (ask) of 277.75.

In the open market, exchange companies quoted the dollar at 277.86 for buying and 279.35 for selling.

In comparison to major currencies, PKR rose 42.46 paisa or 0.14% against the Euro, closing at 303.04 compared to the previous value of 303.47.

Against the British Pound, PKR decreased by 42.61 paisa or 0.12% to 363.22 compared to 362.79 a day ago.

The local unit gained 67.43 paisa or 0.21% against Swiss franc to close at 322.45.

Against the Japanese Yen, PKR's value depreciated 0.43 paisa or 0.23% to close the session at 1.8632 versus 1.8589 a day ago.

Pakistani Rupee rose 17.73 paisa or 0.45% against Chinese Yuan to close at 39.04 from 39.22.

The local currency fell by 3.75 paisa or 0.05% against Saudi Riyal to 73.98. While it deteriorated by 2.32 paisa or 0.03% against the U.A.E Dirham to close at 75.62.

During the current fiscal year, PKR has gained against the US Dollar by 59.89 paisa or 0.22%. While it has risen 4.12 rupees or 1.48% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 4 bps to 14.41% and 14.66%.

Performance Summary

Currency Oct 15, 2024 Oct 14, 2024 1D 7D 1M FYTD CYTD
USD 277.7423 277.6606 -0.0817 -0.03% -0.0722 -0.03% 0.4217 0.15% 0.5989 0.22% 4.1184 1.48%
EUR 303.0446 303.4692 0.4246 0.14% 2.1565 0.71% 5.4810 1.81% -5.3586 -1.77% 8.4537 2.79%
GBP 363.2174 362.7913 -0.4261 -0.12% 0.2666 0.07% 2.5543 0.70% -11.2966 -3.11% -4.6202 -1.27%
CHF 322.4499 323.1242 0.6743 0.21% 2.6717 0.83% 5.4770 1.70% -13.0443 -4.05% 12.6199 3.91%
JPY 1.8632 1.8589 -0.0043 -0.23% 0.0175 0.94% 0.1153 6.19% -0.1334 -7.16% 0.1263 6.78%
SAR 73.9798 73.9423 -0.0375 -0.05% -0.0350 -0.05% 0.1399 0.19% 0.2149 0.29% 1.1830 1.60%
AED 75.6162 75.5930 -0.0232 -0.03% -0.0186 -0.02% 0.1159 0.15% 0.1642 0.22% 1.1265 1.49%
CNY 39.0386 39.2159 0.1773 0.45% 0.3461 0.89% 0.1695 0.43% -0.7334 -1.88% 0.5928 1.52%

52 Week Performance

Currency High Low Trading Band % Since High % Since Low High Date Low Date Days Since High Days Since Low
USD 276.8345 288.1406 11.3061 -0.33% 3.74% 16-Oct-23 15-Nov-23 365 335
EUR 291.6175 313.4962 21.8786 -3.77% 3.45% 16-Oct-23 29-Nov-23 365 321
GBP 337.0322 372.1217 35.0895 -7.21% 2.45% 16-Oct-23 30-Sep-24 365 15
CHF 304.0534 335.8529 31.7996 -5.71% 4.16% 27-May-24 28-Dec-23 141 292
JPY 1.7211 2.0020 0.2809 -7.62% 7.45% 03-Jul-24 28-Dec-23 104 292
SAR 73.8029 76.8293 3.0264 -0.24% 3.85% 16-Oct-23 15-Nov-23 365 335
AED 75.3681 78.4505 3.0824 -0.33% 3.75% 16-Oct-23 15-Nov-23 365 335
CNY 37.8634 40.0793 2.2159 -3.01% 2.67% 16-Oct-23 21-Nov-23 365 329

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