PKR strengthens by 10 paisa against USD

MG News | August 27, 2024 at 03:51 PM GMT+05:00

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August 27, 2024 (MLN): The Pakistani rupee (PKR) appreciated by 9.62 paisa or 0.03% against the US dollar in Tuesday's interbank session to settle the trade at PKR 278.32 per USD, compared to previous closing of 278.42.

Throughout the day, the currency saw an intraday high (bid) of 278.40 and a low (ask) of 278.20.

In the open market, exchange companies quoted the dollar at 279.12 for buying and 280.00 for selling.

In comparison to major currencies, PKR gained 37.19 paisa against the Euro, closing at 310.87 compared to the previous value of 311.24.

The British Pound became expensive by 23.5 paisa closing at 367.59 compared to 367.36 from a day ago.

The Swiss franc saw losses of 46.25 paisa, closing at 328.34 compared to 328.81 from the previous session.

Against the Japanese Yen, PKR gained 1.46 paisa, closing at 1.9197 versus 1.9343 a day ago.

The Chinese Yuan lost 6.78 paisa, closing at 39.03 against 39.1 from the previous session.

The Saudi Riyal closed at 74.18 with a loss of 2.56 paisa from its value of 74.2 a day ago.

The U.A.E Dirham decreased in value by 2.62 paisa from 75.78 a day ago to 75.8.

During the current financial year, PKR has appreciated against the Dollar by 2.01 paisa or 0.01%. While the current calendar year has seen PKR appreciate by 3.54 rupees or 1.27%.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 1 bps to 17.62% and 17.87%.

Performance Summary

Currency	Aug 27, 2024	Aug 26, 2024	Change	1 Month	FYTD	CYTD	1 Day	7 Day	1 Month	MTD	FYTD	CYTD
USD	278.3211	278.4173	0.0962	0.0171	0.0201	3.5396	0.03%	0.01%	0.01%	0.15%	0.01%	1.27%
EUR	310.8708	311.2427	0.3719	-8.8182	-13.1848	0.6275	0.12%	-0.8%	-2.84%	-3.04%	-4.24%	0.2%
GBP	367.5926	367.3576	-0.235	-9.3853	-15.6718	-8.9954	-0.06%	-1.57%	-2.55%	-2.67%	-4.26%	-2.45%
CHF	328.3444	328.8069	0.4625	-13.1969	-18.9388	6.7254	0.14%	-1.39%	-4.02%	-3.65%	-5.77%	2.05%
JPY	1.9197	1.9343	0.0146	-0.112	-0.1899	0.0698	0.76%	-1.15%	-5.83%	-3.55%	-9.89%	3.64%
SAR	74.1755	74.2011	0.0256	0.0164	0.0192	0.9873	0.03%	0.01%	0.02%	0.16%	0.03%	1.33%
AED	75.7769	75.8031	0.0262	0.0026	0.0035	0.9658	0.03%	0.01%	0%	0.15%	0%	1.27%
CNY	39.03	39.0978	0.0678	-0.6441	-0.7248	0.6014	0.17%	-0.17%	-1.65%	-1.12%	-1.86%	1.54%

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	-0.53%	10.34%	16-Oct-23	05-Sep-23	316	357
EUR	291.618	332.701	41.083	-6.19%	7.02%	16-Oct-23	31-Aug-23	316	362
GBP	337.032	387.972	50.9401	-8.31%	5.54%	16-Oct-23	31-Aug-23	316	362
CHF	306.458	347.163	40.7049	-6.67%	5.73%	13-Oct-23	31-Aug-23	319	362
JPY	1.851	2.1004	0.2494	-3.58%	9.41%	16-Oct-23	01-Sep-23	316	361
SAR	73.8029	81.8703	8.0674	-0.5%	10.37%	16-Oct-23	05-Sep-23	316	357
AED	75.3681	83.6089	8.2408	-0.54%	10.34%	16-Oct-23	05-Sep-23	316	357
CNY	37.8634	42.0637	4.2003	-2.99%	7.77%	16-Oct-23	01-Sep-23	316	361

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