PKR settles stable at 277.75 against USD

By MG News | November 25, 2024 at 04:00 PM GMT+05:00

0:00

November 25, 2024 (MLN): The Pakistani rupee (PKR) remained stable against the US dollar in Monday's interbank session to settle the trade at PKR 277.75 per USD.

Throughout the day, the currency saw an intraday high (bid) of 277.90 and a low (ask) of 277.80.

In the open market, exchange companies quoted the dollar at 276.98 for buying and 278.77 for selling.

In comparison to major currencies, PKR rose 1.08 rupees or 0.37% against the Euro, closing at 290.28 compared to the previous value of 291.36.

Against the British Pound, PKR increased by 54.96 paisa or 0.16% to 348.82 compared to 349.37 a day ago.

The local unit gained 1.98 rupees or 0.63% against Swiss franc to close at 311.59.

Against the Japanese Yen, PKR's value weakened 0.31 paisa or 0.17% to close the session at 1.7971 versus 1.7940 a day ago.

Pakistani Rupee decreased 0.45 paisa or 0.01% against Chinese Yuan to close at 38.33 from 38.33.

The local currency increased by 0.36 paisa or 0.00% against Saudi Riyal to 73.97. While it appreciated by 0.18 paisa or 0.00% against the U.A.E Dirham to close at 75.62.

During the current fiscal year, PKR has rose against the US Dollar by 58.85 paisa or 0.21%. While it has increased 4.11 rupees or 1.48% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 4bps to 13.34% and 13.59%.

Performance Summary

Currency	Nov 25, 2024	Nov 22, 2024	1D		7D		1M		FYTD		CYTD
USD	277.7527	277.7591	0.0064	0.00%	0.1027	0.04%	-0.1104	-0.04%	0.5885	0.21%	4.1080	1.48%
EUR	290.2794	291.3554	1.0760	0.37%	2.7330	0.94%	10.3100	3.55%	7.4066	2.55%	21.2189	7.31%
GBP	348.8158	349.3654	0.5496	0.16%	1.7683	0.51%	11.3834	3.26%	3.1050	0.89%	9.7814	2.80%
CHF	311.5916	313.5687	1.9771	0.63%	1.6085	0.52%	8.7710	2.81%	-2.1860	-0.70%	23.4782	7.53%
JPY	1.7971	1.7940	-0.0031	-0.17%	-0.0029	-0.16%	0.0298	1.66%	-0.0673	-3.74%	0.1924	10.71%
SAR	73.9747	73.9783	0.0036	0.00%	0.0490	0.07%	-0.0550	-0.07%	0.2200	0.30%	1.1881	1.61%
AED	75.6201	75.6219	0.0018	0.00%	0.0290	0.04%	-0.0301	-0.04%	0.1603	0.21%	1.1226	1.48%
CNY	38.3335	38.3290	-0.0045	-0.01%	0.0290	0.08%	0.6437	1.68%	-0.0283	-0.07%	1.2979	3.39%

52 Week Performance

Currency	High	Low	Trading Band	% Since High	% Since Low	High Date	Low Date	Days Since High	Days Since Low
USD	277.5179	285.6442	8.1264	-0.08%	2.84%	04-Oct-24	27-Nov-23	52	364
EUR	290.2794	313.4962	23.2168	0.00%	8.00%	25-Nov-24	29-Nov-23	0	362
GBP	343.9880	372.1217	28.1337	-1.38%	6.68%	23-Apr-24	30-Sep-24	216	56
CHF	304.0534	335.8529	31.7996	-2.42%	7.79%	27-May-24	28-Dec-23	182	333
JPY	1.7211	2.0020	0.2809	-4.23%	11.40%	03-Jul-24	28-Dec-23	145	333
SAR	73.8767	76.1616	2.2849	-0.13%	2.96%	04-Oct-24	27-Nov-23	52	364
AED	75.5541	77.7771	2.2230	-0.09%	2.85%	04-Oct-24	27-Nov-23	52	364
CNY	38.2611	40.0513	1.7902	-0.19%	4.48%	22-Jul-24	29-Nov-23	126	362

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