PKR loses 9 paisa against USD

MG News | June 20, 2024 at 08:01 PM GMT+05:00

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June 20, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 9.03 paisa against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 278.6 per USD, compared to the previous session's closing of PKR 278.51 per USD.

The currency saw an intraday high (bid) of 278.85 and a low (ask) of 278.65.

In the open market, exchange companies quoted the dollar at 277.61 for buying and 280.32 for selling.

In comparison to major currencies, PKR lost 54.25 paisa against the Euro, closing at 298.77 compared to the previous value of 298.23.

The British Pound became cheaper by 48.4 paisa closing at 354.07 compared to 354.56 from a day ago.

The Swiss franc saw gains of 1.28 rupees, closing at 313.23 compared to 311.95 from the previous session.

Against the Japanese Yen, PKR gained 0.78 paisa, closing at 1.7599 versus 1.7677 a day ago.

The Chinese Yuan lost 1.19 paisa, closing at 38.37 against 38.39 from the previous session.

The Saudi Riyal closed at 74.26 with a gain of 3 paisa from its value of 74.23 a day ago.

The U.A.E Dirham increased in value by 2.56 paisa from 75.85 a day ago to 75.82.

During the current financial year, PKR has appreciated against the Dollar by 7.39 rupees or 2.65%. While the current calendar year has seen PKR appreciate by 3.26 rupees or 1.17%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 19.85% and 20.1%.

Performance Summary

Currency	Jun 20, 2024	Jun 14, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.6	278.5097	-0.0903	-0.2097	7.3905	3.2607	-0.03%	0%	-0.08%	-0.1%	2.65%	1.17%
EUR	298.7707	298.2282	-0.5425	3.7004	14.1601	12.7276	-0.18%	0.84%	1.24%	0.82%	4.74%	4.26%
GBP	354.0728	354.5568	0.484	-0.1274	10.0645	4.5244	0.14%	0.62%	-0.04%	-0.13%	2.84%	1.28%
CHF	313.2273	311.9509	-1.2764	-7.3711	6.5295	21.8425	-0.41%	-0.63%	-2.35%	-1.8%	2.08%	6.97%
JPY	1.7599	1.7677	0.0078	0.0221	0.2324	0.2296	0.44%	0.65%	1.26%	0.64%	13.21%	13.05%
SAR	74.2636	74.2336	-0.03	-0.0321	1.9904	0.8992	-0.04%	0%	-0.04%	-0.08%	2.68%	1.21%
AED	75.8498	75.8242	-0.0256	-0.0571	2.012	0.8929	-0.03%	0%	-0.08%	-0.1%	2.65%	1.18%
CNY	38.3733	38.3852	0.0119	0.0858	1.2964	1.2581	0.03%	0.11%	0.22%	0.15%	3.38%	3.28%

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	-1.14%	10.23%	04-Jul-23	05-Sep-23	352	289
EUR	291.618	332.701	41.083	-2.39%	11.36%	16-Oct-23	31-Aug-23	248	294
GBP	337.032	387.972	50.9401	-4.81%	9.57%	16-Oct-23	31-Aug-23	248	294
CHF	306.458	347.163	40.7049	-2.16%	10.83%	13-Oct-23	31-Aug-23	251	294
JPY	1.851	2.1004	0.2494	5.18%	19.35%	16-Oct-23	01-Sep-23	248	293
SAR	73.4412	81.8703	8.4291	-1.11%	10.24%	04-Jul-23	05-Sep-23	352	289
AED	74.9888	83.6089	8.6201	-1.14%	10.23%	04-Jul-23	05-Sep-23	352	289
CNY	37.8634	42.0637	4.2003	-1.33%	9.62%	16-Oct-23	01-Sep-23	248	293

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