USD TO PKR INTERBANK RATE: Tuesday’s interbank trading, the value of the Pakistani rupee (PKR) increased by 16 paisas in relation to the US dollar, finishing at PKR 282.37 from PKR 282.53 a day earlier.

Against the US dollar, the Pakistani rupee (PKR) gained about 73 paisa last week, closing at PKR 282.53 per USD as opposed to PKR 283.26 per USD at the end of the previous session.

OPEN MARKET RATES: Exchange companies quoted the dollar at 282 for buying and 284.8 for selling in the open market. PKR in the previous session closed at 281 for buying and 284 for selling. This marks an increase in the open market rates for PKR against US Dollar.

OUR DAILY KSE-100 MARKET SUMMARY

PKR AGAINST MAJOR CURRENCIES

When compared to other major currencies, the Pakistan Rupee dropped 46.13 paisas against the euro, closing at 311.27 instead of 310.81.

The value of the British Pound decreased by 17.27 paisa, ending the day at 358.48 instead of 358.66.

The Swiss franc ended the day at 329.89, up 4.63 paisa from the previous session’s close of 329.84.

The Pakistan Rupee appreciated 0.23 paisa against the Japanese Yen, closing at 1.9841 as opposed to 1.9864 the previous day.

The Chinese Yuan ended the day at 39.52, down 3.37 paisa from the previous session’s close of 39.55.

The Saudi Riyal ended the day at 75.27, down 4.32 paisa from its closing value of 75.31 the day before.

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