DOLLAR TO PKR: The Pakistani Rupee (PKR) depreciated by 2.52 paisa against the US Dollar in Wednesday’s interbank session. The currency settled the trade at PKR 278.4 per USD, compared to the previous session’s closing of PKR 278.38 per USD.
- Intraday High (Bid): 278.7
- Intraday Low (Ask): 278.5
OPEN MARKET RATES
In the open market, exchange companies quoted the dollar at 277.54 for buying and 280.20 for selling.
COMPARISON WITH MAJOR CURRENCIES
- EURO TO PKR:
PKR lost 1.2 rupees, closing at 299.59 compared to the previous value of 298.39. - BRITISH POUND TO PKR:
The British Pound increased by 1.92 rupees, closing at 353.38 compared to 351.45 from the previous day. - SWISS FRANC TO PKR:
PKR saw a slight gain of 1.08 paisa, closing at 308.05 compared to 308.04 from the previous session. - JAPANESE YEN TO PKR:
PKR gained 0.07 paisa, closing at 1.7211 versus 1.7218 a day ago. - CHINESE YUAN TO PKR:
PKR lost 0.75 paisa, closing at 38.28 against 38.28 from the previous session. - SAUDI RIYAL TO PKR:
Closed at 74.21, gaining 1.07 paisa from its value of 74.2 a day ago. - U.A.E DIRHAM AED TO PKR:
Increased in value by 0.79 paisa from 75.8 a day ago to 75.79.
YEARLY PERFORMANCE OVERVIEW
- CURRENT FINANCIAL YEAR:
PKR has depreciated against the Dollar by 6.14 paisa or 0.02%. - CURRENT CALENDAR YEAR:
PKR has appreciated by 3.46 rupees or 1.24%.
MONEY MARKET INSIGHT
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1 basis point (bps) to 19.87% and 20.12%, respectively.
