The Pakistani rupee (PKR) closed in red ending its 3-day winning streak against the US Dollar (USD) today after opening trade at 278 in the interbank market.
It was bearish all day but closed in red against the greenback. Meanwhile, it posted gains against some 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 278-280 level today.
The PKR depreciated by 0.03 percent to close at 277.84 after losing eight paisas against the US Dollar today.
On a fiscal year-to-date basis, the rupee has so far appreciated by 0.18 percent.
The PKR was green against some of the other major currencies in the interbank market today.
It lost one paisa against the Saudi Riyal (SAR) and two paisas against the UAE Dirham (AED).
Meanwhile, it gained Rs. 2.09 against the Canadian Dollar (CAD).
It gained 63 paisas against the Australian Dollar (AUD) and 19 paisas against the British Pound (GBP).
The rupee lost 84 paisas against the Euro (EUR), in today’s interbank currency market.