Intraday trade: PKR gains 16 paisa against USD

KARACHI: The Pakistani rupee (PKR) saw a slight appreciation against the US dollar (USD), rising by 0.06 per cent in the interbank market during Monday’s trading session.

Before 10:30 AM, the local currency was trading at Rs279.05, marking a gain of 16 paisa against the greenback.

So far in the current fiscal year, the PKR has declined by 86.84 paisa or 0.31 per cent against the USD. Since the start of the calendar year, the rupee has depreciated by 65.96 paisa or 0.24 per cent.

Previous closing and performance against other currencies

The PKR weakened by 16.4 paisa against the US dollar last week, closing Friday’s session (February 14, 2025) at Rs279.21 per USD. During Friday’s session, the local currency had appreciated by 5.44 paisa or 0.02 per cent in the interbank market compared to the previous closing of Rs279.

Against the Japanese Yen, the PKR fell by 1.83 paisa or 1.01 per cent, closing at Rs1.8287 compared to Rs1.8104 the previous day.

Against the British Pound, the PKR declined by Rs1.66 or 0.48 per cent, settling at Rs351.04 from Rs349.37 a day earlier.

The PKR gained 1.37 paisa or 0.02 per cent against the UAE Dirham, closing at Rs76.02.

The rupee depreciated by Rs1.17 or 0.40 per cent against the Euro, closing at Rs292.26 from Rs291.09.

Against the Swiss Franc, the PKR dropped by Rs1.52 or 0.49 per cent, finishing at Rs308.62.

The rupee weakened by 10.55 paisa or 0.28 per cent against the Chinese Yuan, ending at Rs38.40 from Rs38.29.

Against the Saudi Riyal, the PKR strengthened by 1.94 paisa or 0.03 per cent to close at Rs74.44.

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