PKR loses around 11 paisa against USD

By MG News | September 02, 2024 at 04:27 PM GMT+05:00

0:00

September 02, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 10.52 paisa or 0.04% against the US dollar in Monday's interbank session to settle the trade at PKR 278.64 per USD, compared to previous closing of 278.54.

Throughout the day, the currency saw an intraday high (bid) of 278.75 and a low (ask) of 278.60.

In the open market, exchange companies quoted the dollar at 278.97 for buying and 279.75 for selling.

In comparison to major currencies, PKR gained 35.7 paisa against the Euro, closing at 308.44 compared to the previous value of 308.8.

The British Pound became cheaper by 1.25 rupees closing at 366.1 compared to 367.35 from a day ago.

The Swiss franc saw losses of 30.15 paisa, closing at 328.1 compared to 328.41 from the previous session.

Against the Japanese Yen, PKR gained 1.91 paisa, closing at 1.9019 versus 1.921 a day ago.

The Chinese Yuan lost 8.69 paisa, closing at 39.2 against 39.29 from the previous session.

The Saudi Riyal closed at 74.25 with a gain of 2.6 paisa from its value of 74.23 a day ago.

The U.A.E Dirham increased in value by 2.87 paisa from 75.86 a day ago to 75.84.

During the current financial year, PKR has depreciated against the Dollar by 30.19 paisa or 0.11%. While the current calendar year has seen PKR appreciate by 3.22 rupees or 1.15%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 4 bps to 17.62% and 17.87%.

Performance Summary

Currency	Sep 02, 2024	Aug 30, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.6431	278.5379	-0.1052	-0.1431	-0.3019	3.2176	-0.04%	-0.08%	-0.05%	-0.04%	-0.11%	1.15%
EUR	308.444	308.801	0.357	-7.6222	-10.758	3.0543	0.12%	0.91%	-2.47%	0.12%	-3.49%	0.99%
GBP	366.0952	367.3497	1.2545	-11.9685	-14.1744	-7.498	0.34%	0.34%	-3.27%	0.34%	-3.87%	-2.05%
CHF	328.1049	328.4064	0.3015	-8.5226	-18.6993	6.9649	0.09%	0.21%	-2.6%	0.09%	-5.7%	2.12%
JPY	1.9019	1.921	0.0191	-0.0342	-0.1721	0.0876	1%	1.7%	-1.8%	1%	-9.05%	4.61%
SAR	74.2533	74.2273	-0.026	-0.048	-0.0586	0.9095	-0.04%	-0.07%	-0.06%	-0.04%	-0.08%	1.22%
AED	75.8646	75.8359	-0.0287	-0.039	-0.0842	0.8781	-0.04%	-0.08%	-0.05%	-0.04%	-0.11%	1.16%
CNY	39.2035	39.2904	0.0869	-0.6076	-0.8983	0.4279	0.22%	-0.27%	-1.55%	0.22%	-2.29%	1.09%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	276.835	307.1	30.265	-0.65%	10.21%	16-Oct-23	05-Sep-23	322	363
EUR	291.618	330.132	38.5147	-5.46%	7.03%	16-Oct-23	05-Sep-23	322	363
GBP	337.032	385.966	48.9334	-7.94%	5.43%	16-Oct-23	04-Sep-23	322	364
CHF	306.458	345.95	39.4918	-6.6%	5.44%	13-Oct-23	05-Sep-23	325	363
JPY	1.851	2.0898	0.2388	-2.68%	9.88%	16-Oct-23	05-Sep-23	322	363
SAR	73.8029	81.8703	8.0674	-0.61%	10.26%	16-Oct-23	05-Sep-23	322	363
AED	75.3681	83.6089	8.2408	-0.65%	10.21%	16-Oct-23	05-Sep-23	322	363
CNY	37.8634	42.0437	4.1803	-3.42%	7.24%	16-Oct-23	05-Sep-23	322	363

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