PKR remains stable at 279.11 against USD

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By MG News | February 29, 2024 at 04:07 PM GMT+05:00

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February 29, 2024 (MLN): The Pakistani rupee (PKR) remained stable against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 279.11 per USD.

The currency saw an intraday high (bid) of 279.5 and a low (ask) of 279.

In the open market, exchange companies quoted the dollar at 279.45 for buying and 282.04 for selling.

In comparison to major currencies, PKR lost 29.9 paisa against the Euro, closing at 302.42 compared to the previous value of 302.12.

The British Pound became cheaper by 6.52 paisa closing at 353.24 compared to 353.31 from a day ago.

The Swiss franc saw gains of 76.69 paisa, closing at 317.66 compared to 316.89 from the previous session.

Against the Japanese Yen, PKR lost 1.41 paisa, closing at 1.8652 versus 1.8511 a day ago.

The Chinese Yuan gained 2.65 paisa, closing at 38.8 against 38.77 from the previous session.

The Saudi Riyal closed at 74.42 with a loss of 0.3 paisa from its value of 74.42 a day ago.

The U.A.E Dirham increased in value by 0.11 paisa from 75.99 a day ago to 75.99.

During the current financial year, PKR has appreciated against the Dollar by 6.88 rupees or 2.46%. While the current calendar year has seen PKR appreciate by 2.75 rupees or 0.98%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 bps to 21.48% and 21.73%.

Performance Summary

Currency Feb 29, 2024 Feb 28, 2024 Change 1 Month FYTD CYTD 1 Day 7 Day 1 Month MTD FYTD CYTD
USD 279.1117 279.1191 0.0074 0.4364 6.8788 2.749 0% 0.08% 0.16% 0.14% 2.46% 0.98%
EUR 302.4175 302.1185 -0.299 0.2632 10.5133 9.0808 -0.1% 0.31% 0.09% -0.03% 3.48% 3%
GBP 353.2438 353.309 0.0652 1.6145 10.8935 5.3534 0.02% 0.32% 0.46% 0.29% 3.08% 1.52%
CHF 317.6597 316.8928 -0.7669 6.9433 2.0971 17.4101 -0.24% 0.43% 2.19% 1.88% 0.66% 5.48%
JPY 1.8652 1.8511 -0.0141 0.0325 0.1271 0.1243 -0.76% -0.2% 1.74% 1.48% 6.81% 6.66%
SAR 74.4218 74.4248 0.003 0.1214 1.8322 0.741 0% 0.07% 0.16% 0.14% 2.46% 1%
AED 75.9932 75.9921 -0.0011 0.1178 1.8686 0.7495 0% 0.07% 0.16% 0.13% 2.46% 0.99%
CNY 38.7976 38.7711 -0.0265 0.1538 0.8721 0.8338 -0.07% 0.16% 0.4% 0.32% 2.25% 2.15%

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 -1.32% 10.03% 04-Jul-23 05-Sep-23 240 177
EUR 291.618 332.701 41.083 -3.57% 10.01% 16-Oct-23 31-Aug-23 136 182
GBP 329.977 387.972 57.9953 -6.59% 9.83% 08-Mar-23 31-Aug-23 358 182
CHF 296.118 347.163 51.0447 -6.78% 9.29% 08-Mar-23 31-Aug-23 358 182
JPY 1.851 2.2178 0.3668 -0.76% 18.9% 16-Oct-23 11-May-23 136 294
SAR 73.4412 81.8703 8.4291 -1.32% 10.01% 04-Jul-23 05-Sep-23 240 177
AED 74.9888 83.6089 8.6201 -1.32% 10.02% 04-Jul-23 05-Sep-23 240 177
CNY 37.8634 43.0908 5.2274 -2.41% 11.07% 16-Oct-23 11-May-23 136 294

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