PKR loses over 18 paisa against USD

By MG News | April 15, 2024 at 04:01 PM GMT+05:00

0:00

April 15, 2024 (MLN): The Pakistani rupee (PKR) depreciated by 18.32 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 278.12 per USD, compared to the previous session's closing of PKR 277.94 per USD.

The currency saw an intraday high (bid) of 278.4 and a low (ask) of 278.15.

In the open market, exchange companies quoted the dollar at 277 for buying and 279.66 for selling.

In comparison to major currencies, PKR gained 5.2 rupees against the Euro, closing at 296.42 compared to the previous value of 301.62.

The British Pound became cheaper by 4.51 rupees closing at 347.18 compared to 351.69 from a day ago.

The Swiss franc saw losses of 2.44 rupees, closing at 304.63 compared to 307.06 from the previous session.

Against the Japanese Yen, PKR gained 2.31 paisa, closing at 1.8066 versus 1.8297 a day ago.

The Chinese Yuan lost 0.02 paisa, closing at 38.42 against 38.42 from the previous session.

The Saudi Riyal closed at 74.14 with a gain of 4.29 paisa from its value of 74.1 a day ago.

The U.A.E Dirham increased in value by 4.37 paisa from 75.73 a day ago to 75.69.

During the current financial year, PKR has appreciated against the Dollar by 7.87 rupees or 2.83%. While the current calendar year has seen PKR appreciate by 3.74 rupees or 1.34%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates remained unchanged at 21.48% and 21.73%.

Performance Summary

Currency	Apr 15, 2024	Apr 09, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.1226	277.9394	-0.1832	0.6202	7.8679	3.7381	-0.07%	-0.06%	0.22%	-0.06%	2.83%	1.34%
EUR	296.4231	301.6199	5.1968	6.9048	16.5077	15.0752	1.75%	1.57%	2.33%	1.06%	5.57%	5.09%
GBP	347.1804	351.6907	4.5103	7.9937	16.9569	11.4168	1.3%	1.09%	2.3%	1.06%	4.88%	3.29%
CHF	304.625	307.0645	2.4395	10.3742	15.1318	30.4448	0.8%	0.88%	3.41%	1.2%	4.97%	9.99%
JPY	1.8066	1.8297	0.0231	0.0713	0.1857	0.1829	1.28%	1.31%	3.95%	1.64%	10.28%	10.12%
SAR	74.1423	74.0994	-0.0429	0.1851	2.1117	1.0205	-0.06%	-0.06%	0.25%	-0.04%	2.85%	1.38%
AED	75.7311	75.6874	-0.0437	0.1668	2.1307	1.0116	-0.06%	-0.06%	0.22%	-0.06%	2.81%	1.34%
CNY	38.4224	38.4226	0.0002	0.3134	1.2473	1.209	0%	0.01%	0.82%	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	-0.97%	10.42%	04-Jul-23	05-Sep-23	286	223
EUR	291.618	332.701	41.083	-1.62%	12.24%	16-Oct-23	31-Aug-23	182	228
GBP	337.032	387.972	50.9401	-2.92%	11.75%	16-Oct-23	31-Aug-23	182	228
CHF	306.458	347.163	40.7049	0.6%	13.96%	13-Oct-23	31-Aug-23	185	228
JPY	1.851	2.2178	0.3668	2.46%	22.76%	16-Oct-23	11-May-23	182	340
SAR	73.4412	81.8703	8.429	-0.95%	10.42%	04-Jul-23	05-Sep-23	286	223
AED	74.9888	83.6089	8.620	-0.98%	10.4%	04-Jul-23	05-Sep-23	286	223
CNY	37.8634	43.0908	5.2274	-1.45%	12.15%	16-Oct-23	11-May-23	182	340

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