April 26, 2024 (MLN): The Pakistani rupee (PKR) lost around 8 paisa against the US Dollar this week and settled at PKR 278.39 per USD, compared to the previous week's closing of PKR 278.31 per USD.
In today's session alone, the domestic unit appreciated by 9.63 paisa against the US dollar.
Throughout Friday's interbank session, the currency saw an intraday high (bid) of 278.8 and a low (ask) of 278.6.
In the open market, exchange companies quoted the dollar at 277.01 for buying and 279.69 for selling.
In comparison to major currencies, PKR lost 20.3 paisa against the Euro, closing at 298.88 compared to the previous value of 298.67.
The British Pound became expensive by 7.44 paisa closing at 348.49 compared to 348.41 from a day ago.
The Swiss franc saw gains of 71.46 paisa, closing at 305.65 compared to 304.94 from the previous session.
Against the Japanese Yen, PKR gained 0.46 paisa, closing at 1.7846 versus 1.7892 a day ago.
The Chinese Yuan lost 0.51 paisa, closing at 38.42 against 38.43 from the previous session.
The Saudi Riyal closed at 74.22 with a loss of 2.47 paisa from its value of 74.25 a day ago.
The U.A.E Dirham decreased in value by 2.83 paisa from 75.79 a day ago to 75.82.
During the current financial year, PKR has appreciated against the Dollar by 7.6 rupees or 2.73%. While the current calendar year has seen PKR appreciate by 3.47 rupees or 1.25%.
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 6 bps to 21.18% and 21.43%.
Performance Summary
| Currency | Apr 26, 2024 | Apr 25, 2024 | Change | 1 Month | FYTD | CYTD | 1 Day | 7 Day | 1 Month | MTD | FYTD | CYTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD | 278.3883 | 278.4846 | 0.0963 | -0.3477 | 7.6022 | 3.4724 | 0.03% | -0.03% | -0.12% | -0.16% | 2.73% | 1.25% |
| EUR | 298.8777 | 298.6747 | -0.203 | 2.1013 | 14.0531 | 12.6206 | -0.07% | -0.82% | 0.7% | 0.23% | 4.7% | 4.22% |
| GBP | 348.4865 | 348.4121 | -0.0744 | 2.512 | 15.6508 | 10.1107 | -0.02% | -0.63% | 0.72% | 0.68% | 4.49% | 2.9% |
| CHF | 305.6525 | 304.9379 | -0.7146 | 1.134 | 14.1043 | 29.4173 | -0.23% | 0.24% | 0.37% | 0.86% | 4.61% | 9.62% |
| JPY | 1.7846 | 1.7892 | 0.0046 | 0.0483 | 0.2077 | 0.2049 | 0.26% | 1% | 2.71% | 2.89% | 11.64% | 11.48% |
| SAR | 74.224 | 74.2487 | 0.0247 | -0.0937 | 2.03 | 0.9388 | 0.03% | -0.05% | -0.13% | -0.15% | 2.73% | 1.26% |
| AED | 75.7942 | 75.8225 | 0.0283 | -0.0833 | 2.0676 | 0.9485 | 0.04% | -0.02% | -0.11% | -0.14% | 2.73% | 1.25% |
| CNY | 38.4222 | 38.4273 | 0.0051 | 0.0399 | 1.2475 | 1.2092 | 0.01% | 0.03% | 0.1% | 0.14% | 3.25% | 3.15% |
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 | -1.06% | 10.31% | 04-Jul-23 | 05-Sep-23 | 297 | 234 |
| EUR | 291.618 | 332.701 | 41.083 | -2.43% | 11.32% | 16-Oct-23 | 31-Aug-23 | 193 | 239 |
| GBP | 337.032 | 387.972 | 50.9401 | -3.29% | 11.33% | 16-Oct-23 | 31-Aug-23 | 193 | 239 |
| CHF | 306.458 | 347.163 | 40.7049 | 0.26% | 13.58% | 13-Oct-23 | 31-Aug-23 | 196 | 239 |
| JPY | 1.851 | 2.2178 | 0.3668 | 3.72% | 24.27% | 16-Oct-23 | 11-May-23 | 193 | 351 |
| SAR | 73.4412 | 81.8703 | 8.4291 | -1.05% | 10.3% | 04-Jul-23 | 05-Sep-23 | 297 | 234 |
| AED | 74.9888 | 83.6089 | 8.6201 | -1.06% | 10.31% | 04-Jul-23 | 05-Sep-23 | 297 | 234 |
| CNY | 37.8634 | 43.0908 | 5.2274 | -1.45% | 12.15% | 16-Oct-23 | 11-May-23 | 193 | 351 |
Copyright Mettis Link News
Posted on: 2024-04-26T15:33:10+05:00
