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PKR strengthens by 8 paisa against USD

PKR rises by 8 paisa against USD
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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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Posted on: 2024-11-13T15:37:23+05:00