PKR strengthens by 8 paisa against USD

MG News | November 13, 2024 at 03:37 PM GMT+05:00

0:00

November 13, 2024 (MLN): The Pakistani rupee (PKR) rose by 7.65 paisa or 0.03% against the US dollar in Wednesday's interbank session to settle the trade at PKR 277.85 per USD, compared to previous closing of 277.93.

Throughout the day, the currency saw an intraday high (bid) of 278.00 and a low (ask) of 277.90.

In the open market, exchange companies quoted the dollar at 277.02 for buying and 278.80 for selling.

In comparison to major currencies, PKR appreciated 84.53 paisa or 0.29% against the Euro, closing at 294.60, the lowest in over a year.

Against the British Pound, PKR rose by 2.15 rupees or 0.61% to 353.86 compared to 356.01 a day ago.

The local unit appreciated 97.88 paisa or 0.31% against Swiss franc to close at 314.43.

Against the Japanese Yen, PKR's value appreciated 1.62 paisa or 0.90% to close the session at 1.7914 versus 1.8076 a day ago.

Pakistani Rupee decreased 3.41 paisa or 0.09% against Chinese Yuan to close at 38.46 from 38.42.

The local currency gained by 3.41 paisa or 0.05% against Saudi Riyal to 73.96. While it increased by 2.09 paisa or 0.03% against the U.A.E Dirham to close at 75.65.

During the current fiscal year, PKR has gained against the US Dollar by 49.12 paisa or 0.18%. While it has gained 4.01 rupees or 1.44% so far this calendar year.

In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates remained unchanged at 13.08% and 13.33%.

Performance Summary

Currency	Nov 13, 2024	Nov 12, 2024	1D		7D		1M		FYTD		CYTD
USD	277.8500	277.9265	0.0765	0.03%	0.0423	0.02%	-0.2121	-0.08%	0.4912	0.18%	4.0107	1.44%
EUR	294.6044	295.4497	0.8453	0.29%	4.4910	1.52%	9.3396	3.17%	3.0816	1.05%	16.8939	5.73%
GBP	353.8559	356.0099	2.1540	0.61%	4.6390	1.31%	9.1972	2.60%	-1.9351	-0.55%	4.7413	1.34%
CHF	314.4345	315.4133	0.9788	0.31%	3.5200	1.12%	9.6249	3.06%	-5.0289	-1.60%	20.6353	6.56%
JPY	1.7914	1.8076	0.0162	0.90%	0.0127	0.71%	0.0735	4.10%	-0.0616	-3.44%	0.1981	11.06%
SAR	73.9553	73.9894	0.0341	0.05%	0.0211	0.03%	-0.0171	-0.02%	0.2394	0.32%	1.2075	1.63%
AED	75.6476	75.6685	0.0209	0.03%	0.0095	0.01%	-0.0587	-0.08%	0.1328	0.18%	1.0951	1.45%
CNY	38.4591	38.4250	-0.0341	-0.09%	0.3472	0.90%	0.8230	2.14%	-0.1539	-0.40%	1.1723	3.05%

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	288.1406	10.6227	-0.12%	3.70%	04-Oct-24	15-Nov-23	40	364
EUR	294.6044	313.4962	18.8918	0.00%	6.41%	13-Nov-24	29-Nov-23	0	350
GBP	343.9880	372.1217	28.1337	-2.79%	5.16%	23-Apr-24	30-Sep-24	204	44
CHF	304.0534	335.8529	31.7996	-3.30%	6.81%	27-May-24	28-Dec-23	170	321
JPY	1.7211	2.0020	0.2809	-3.92%	11.76%	03-Jul-24	28-Dec-23	133	321
SAR	73.8767	76.8293	2.9526	-0.11%	3.89%	04-Oct-24	15-Nov-23	40	364
AED	75.5541	78.4505	2.8964	-0.12%	3.71%	04-Oct-24	15-Nov-23	40	364
CNY	38.2611	40.0793	1.8182	-0.51%	4.21%	22-Jul-24	21-Nov-23	114	358

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