PKR loses around 10 paisa against USD

MG News | May 21, 2024 at 03:42 PM GMT+05:00

0:00

May 21, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 9.52 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 278.39 per USD, compared to the previous session's closing of PKR 278.3 per USD.

The currency saw an intraday high (bid) of 278.6 and a low (ask) of 278.4.

In the open market, exchange companies quoted the dollar at 276.91 for buying and 279.43 for selling.

In comparison to major currencies, PKR gained 11.92 paisa against the Euro, closing at 302.47 compared to the previous value of 302.59.

The British Pound became expensive by 64.97 paisa closing at 353.95 compared to 353.3 from a day ago.

The Swiss franc saw losses of 8.03 paisa, closing at 305.86 compared to 305.94 from the previous session.

Against the Japanese Yen, PKR gained 0.51 paisa, closing at 1.782 versus 1.7871 a day ago.

The Chinese Yuan lost 2.28 paisa, closing at 38.46 against 38.48 from the previous session.

The Saudi Riyal closed at 74.23 with a gain of 2.94 paisa from its value of 74.2 a day ago.

The U.A.E Dirham increased in value by 2.59 paisa from 75.79 a day ago to 75.77.

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 1 bps to 21.01% and 21.26%.

Performance Summary

Currency	May 21, 2024	May 20, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.3903	278.2951	-0.0952	-0.0589	7.6002	3.4704	-0.03%	-0.07%	-0.02%	-0.03%	2.73%	1.25%
EUR	302.4711	302.5903	0.1192	-5.8394	10.4597	9.0272	0.04%	-0.84%	-1.93%	-1.49%	3.46%	2.98%
GBP	353.9454	353.2957	-0.6497	-9.6773	10.1919	4.6518	-0.18%	-1.52%	-2.73%	-1.4%	2.88%	1.31%
CHF	305.8562	305.9365	0.0803	-0.1319	13.9006	29.2136	0.03%	0.12%	-0.04%	-0.32%	4.54%	9.55%
JPY	1.782	1.7871	0.0051	0.0176	0.2103	0.2075	0.29%	-0.24%	0.99%	-0.4%	11.8%	11.64%
SAR	74.2315	74.2021	-0.0294	-0.0256	2.0225	0.9313	-0.04%	-0.08%	-0.03%	-0.04%	2.72%	1.25%
AED	75.7927	75.7668	-0.0259	-0.0068	2.0691	0.95	-0.03%	-0.07%	-0.01%	-0.02%	2.73%	1.25%
CNY	38.4591	38.4819	0.0228	-0.0344	1.2106	1.1723	0.06%	-0.05%	-0.09%	-0.07%	3.15%	3.05%

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	322	259
EUR	291.618	332.701	41.083	-3.59%	9.99%	16-Oct-23	31-Aug-23	218	264
GBP	337.032	387.972	50.9401	-4.78%	9.61%	16-Oct-23	31-Aug-23	218	264
CHF	306.458	347.163	40.7049	0.2%	13.51%	13-Oct-23	31-Aug-23	221	264
JPY	1.851	2.1004	0.2494	3.87%	17.87%	16-Oct-23	01-Sep-23	218	263
SAR	73.4412	81.8703	8.4291	-1.06%	10.29%	04-Jul-23	05-Sep-23	322	259
AED	74.9888	83.6089	8.6201	-1.06%	10.31%	04-Jul-23	05-Sep-23	322	259
CNY	37.8634	42.0637	4.2003	-1.55%	9.37%	16-Oct-23	01-Sep-23	218	263

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