Tag: USD in PKR

  • Pakistani rupee ends week with a loss of 12 paisa against the US dollar

    Pakistani rupee ends week with a loss of 12 paisa against the US dollar

    The Pakistani rupee (PKR), on its last trading day of the week, managed to resume the trend of minor gains.

    According to the State Bank of Pakistan (SBP), the PKR rose by 15.29 paisa against the US dollar (USD) and ended Friday’s trading session at Rs277.64.

    As compared to the last closing of Rs277.79, the PKR recorded a not-so-impressive gain of 0.06 per cent.

    During the trading session, the local currency remained mostly unchanged as it saw an intraday high of Rs277.85 with a low of Rs277.75.

    Exchange companies were buying the greenback for Rs278.50 and selling for Rs279.75. The Pakistani currency, in total, has lost 12 paisa against the greenback this week.

    A look at PKR’s performance against other foreign currencies

    As compared to the Euro, the PKR lost 29.92 paisa and closed the day at Rs303.94. The PKR was seen 17.23 paisa up against the British Pound as it closed at Rs363.05.

    The rupee also gained 0.09 paisa against the Japanese Yen and closed the session at Rs1.8649.

    Currency Closing (PKR) Change (Paisa) Previous rate
    Euro 303.94 24.92 303.69
    British Pound 363.05 17.23 363.23
    Swiss Franc 324.06 99.05 323.07
    Japanese Yen 1.8649 0.09 1.8658
    Chinese Yuan 39.28 2.7 39.26
    Saudi Riyal 73.94 5.06 73.99
    UAE Dirham 75.63 4.37 75.59
    Exchange rates

    In the current fiscal year, the home unit has gained over 70 paisa in total against the US dollar.

  • Exchange rates: Pakistani rupee falls 5.69 paisa against US dollar, 37 paisa against Pound

    Exchange rates: Pakistani rupee falls 5.69 paisa against US dollar, 37 paisa against Pound

    The Pakistani rupee (PKR) edged down by 5.69 paisa, or 0.02 per cent, against the US dollar (USD) in Tuesday’s interbank market, closing the day at PKR 278.70 per USD, slightly lower than the previous close of 278.64.

    Throughout the day, the currency exhibited minimal movement, with an intraday high of 278.90 and a low of 278.65.

    In the open market, exchange companies quoted the dollar at PKR 278.97 for buying and PKR 279.75 for selling, according to forex dealers.

    The PKR’s performance against other major currencies was mixed on Tuesday:

    Currency Previous Rate Today’s Rate Change
    Chinese Yuan 39.20 39.16 3.91 paisa
    British Pound 366.10 365.72 37.11 paisa
    Euro 308.44 308.19 25.75 paisa
    Saudi Riyal 74.25 74.27 1.32 paisa
    Swiss Franc 328.10 326.67 1.43 rupees
    Japanese Yen 1.9019 1.9091 0.72 paisa
    UAE Dirham 75.88 75.86 1.55 paisa
    Exchange rates for Tuesday

    – The Chinese Yuan fell by 3.91 paisa, closing at 39.16 from the previous session’s 39.20.

    – The British Pound declined by 37.11 paisa, ending at 365.72 compared to 366.10 the day before.

    – The PKR gained 25.75 paisa against the Euro, closing at 308.19 from 308.44.

    – The Saudi Riyal strengthened by 1.32 paisa, closing at 74.27 from 74.25.

    – The Swiss Franc dropped by 1.43 rupees, closing at 326.67 compared to 328.10 previously.

    – Against the Japanese Yen, the PKR slipped by 0.72 paisa, ending at 1.9091 versus 1.9019.

    – The U.A.E Dirham saw a slight increase of 1.55 paisa, closing at 75.86 from 75.88.

    So far this financial year, the PKR has depreciated against the dollar by 35.88 paisa, or 0.13 per cent. However, on a calendar-year basis, the rupee has appreciated by 3.16 rupees, or 1.13 per cent.