Interbank closing: PKR loses 9.86 paisa against USD

KARACHI: The Pakistani rupee (PKR) depreciated by 9.86 paisa against the US dollar (USD) in Thursday’s interbank session, closing at PKR 278.61 per USD, down from the previous session’s PKR 278.51 per USD.

The PKR traded between an intraday high (bid) of 278.80 and a low (ask) of 278.60 against the USD.

In the open market, exchange companies quoted the US dollar at PKR 278.95 for buying and PKR 280.55 for selling.

PKR’s performance against other currencies:

– The Saudi Riyal appreciated by 2.63 paisa, closing at PKR 74.28 from PKR 74.26.

– The U.A.E Dirham increased by 2.69 paisa, ending at PKR 75.83 from PKR 75.85.

– The British Pound rose by PKR 2.16, closing at PKR 358.57 from PKR 356.41.

– The Swiss Franc declined by 56.37 paisa, closing at PKR 309.91 from PKR 310.47.

– The Euro increased by 71.96 paisa, ending at PKR 302.01 from PKR 301.29.

– The Chinese Yuan gained 4.04 paisa, closing at PKR 38.32 from PKR 38.28.

– The Japanese Yen saw a marginal gain of 0.05 paisa, closing at PKR 1.7242 from PKR 1.7247.

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