PKR strengthens 10 paisa against USD

MG News | December 26, 2024 at 03:32 PM GMT+05:00

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December 26, 2024 (MLN): The Pakistani rupee (PKR) strengthened by 9.94 paisa or 0.04% against the US dollar in Thursday's interbank session to settle the trade at PKR 278.37 per USD, compared to previous closing of 278.47.

Throughout the day, the currency saw an intraday high (bid) of 278.30 and a low (ask) of 278.35.

In the open market, exchange companies quoted the dollar at 278 for buying and 279.5 for selling.

In comparison to major currencies, PKR increased 4.76 paisa or 0.02% against the Euro, closing at 289.39 compared to the previous value of 289.44.

Against the British Pound, PKR increased by 29.16 paisa or 0.08% to 348.81 compared to 349.10 a day ago.

The local unit appreciated 9.32 paisa or 0.03% against Swiss franc to close at 309.34.

Against the Japanese Yen, PKR's value rose 0.33 paisa or 0.19% to close the session at 1.7689 versus 1.7722 a day ago.

Pakistani Rupee appreciated 1.52 paisa or 0.04% against Chinese Yuan to close at 38.14 from 38.15.

The local currency appreciated by 0.68 paisa or 0.01% against Saudi Riyal to 74.12. While it gained by 2.81 paisa or 0.04% against the U.A.E Dirham to close at 75.79.

During the current fiscal year, PKR has fell against the US Dollar by 3.01 paisa or 0.01%. While it has appreciated 3.49 rupees or 1.25% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 3bps to 11.94% and 12.19%.

Performance Summary

Currency	Dec 26, 2024	Dec 24, 2024	1D		7D		1M		FYTD		CYTD
USD	278.3713	278.4707	0.0994	0.04%	-0.0213	-0.01%	-0.5301	-0.19%	-0.0301	-0.01%	3.4894	1.25%
EUR	289.3949	289.4425	0.0476	0.02%	0.0752	0.03%	1.7271	0.60%	8.2911	2.86%	22.1034	7.64%
GBP	348.8132	349.1048	0.2916	0.08%	2.2279	0.64%	-0.1919	-0.06%	3.1076	0.89%	9.7840	2.80%
CHF	309.3359	309.4291	0.0932	0.03%	0.5272	0.17%	3.9894	1.29%	0.0697	0.02%	25.7339	8.32%
JPY	1.7689	1.7722	0.0033	0.19%	0.0090	0.51%	0.0365	2.06%	-0.0391	-2.21%	0.2206	12.47%
SAR	74.1236	74.1304	0.0068	0.01%	-0.0392	-0.05%	-0.1313	-0.18%	0.0711	0.10%	1.0392	1.40%
AED	75.7875	75.8156	0.0281	0.04%	-0.0048	-0.01%	-0.1433	-0.19%	-0.0071	-0.01%	0.9552	1.26%
CNY	38.1375	38.1527	0.0152	0.04%	-0.0014	-0.00%	0.1437	0.38%	0.1677	0.44%	1.4939	3.92%

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	282.3704	4.8525	-0.31%	1.44%	04-Oct-24	26-Dec-23	83	366
EUR	289.0552	313.4799	24.4247	-0.12%	8.32%	20-Dec-24	28-Dec-23	6	364
GBP	343.9880	372.1217	28.1337	-1.38%	6.68%	23-Apr-24	30-Sep-24	247	87
CHF	304.0534	335.8529	31.7996	-1.71%	8.57%	27-May-24	28-Dec-23	213	364
JPY	1.7211	2.0020	0.2809	-2.70%	13.18%	03-Jul-24	28-Dec-23	176	364
SAR	73.8767	75.2707	1.3940	-0.33%	1.55%	04-Oct-24	26-Dec-23	83	366
AED	75.5541	76.8857	1.3316	-0.31%	1.45%	04-Oct-24	26-Dec-23	83	366
CNY	38.1361	39.6754	1.5393	-0.00%	4.03%	19-Dec-24	28-Dec-23	7	364

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