Rupee Surges 2nd Day in a Row Against US Dollar, Other Big Currencies

The Pakistani rupee (PKR) posted gains 2nd day in a row against the US Dollar (USD) today after opening trade at 278 in the interbank market.

It was bullish all day and closed in green against the greenback. Meanwhile, it posted gains against all of the other major currencies during today’s session.

The interbank rate stayed at 278/$ most of the day before closing at the 277 level. Open market rates across multiple currency counters remained at the 279-281 level today.

The PKR appreciated by 0.04 percent to close at 277.74 after gaining 11 paisas against the US Dollar today.

On a fiscal year-to-date basis, the rupee has so far appreciated by 0.22 percent.

The PKR was green against all of the other major currencies in the interbank market today.

It gained three paisas against the Saudi Riyal (SAR) and three paisas against the UAE Dirham (AED).

Meanwhile, it gained 59 paisas against the Canadian Dollar (CAD), Rs. 1.41 against the British Pound (GBP), and Rs. 1.36 against the Australian Dollar (AUD).

It gained Rs. 1.53 against the Euro (EUR) in today’s interbank currency market.

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