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