PKR Remains Stable at 279.36 Against USD
In the open market, exchange companies quoted the dollar at 281 for buying and 282.5 for selling.
Karobar
The Pakistani rupee (PKR) appreciated by 0.46 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 279.36 per USD, compared to the previous session's closing of PKR 279.36 per USD.
The currency saw an intraday high (bid) of 279.5 and a low (ask) of 279.3.
In comparison to major currencies, PKR lost 60.96 paisa against the Euro, closing at 301.27 compared to the previous value of 300.66.
The British Pound became expensive by 1.29 rupees closing at 352.7 compared to 351.41 from a day ago.
The Swiss franc saw gains of 17.46 paisa, closing at 317.09 compared to 316.91 from the previous session.
Against the Japanese Yen, PKR lost 0.36 paisa, closing at 1.8628 versus 1.8592 a day ago.
The Chinese Yuan lost 2.25 paisa, closing at 38.81 against 38.83 from the previous session.
The Saudi Riyal closed at 74.49 with a loss of 0.12 paisa from its value of 74.49 a day ago.
The U.A.E Dirham decreased in value by 0.34 paisa from 76.06 a day ago to 76.06.
During the current financial year, PKR has appreciated against the Dollar by 6.63 rupees or 2.38%. While the current calendar year has seen PKR appreciate by 2.51 rupees or 0.9%.
In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched up by 4 bps to 21.27% and 21.52%.
