The Pakistani rupee (PKR) closed in red reversing its two-day winning streak against the US Dollar (USD) today after opening trade at 278 in the interbank market.
It was stable all day but closed in red against the greenback. Meanwhile, it posted losses against most 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 277-281 level today.
The PKR depreciated by 0.02 percent and closed at 277.92 after losing five paisas against the US Dollar today.
On a fiscal year-to-date basis, the rupee has so far appreciated by 0.15 percent.
The PKR was red against most of the other major currencies in the interbank market today.
It lost one paisa against the Saudi Riyal (SAR) and one paisa against the UAE Dirham (AED).
Meanwhile, it lost 48 paisas against the Canadian Dollar (CAD).
It lost 16 paisas against the Euro (EUR) and 51 paisas against the British Pound (GBP).
The rupee gained Rs. 1.5 against the Australian Dollar (AUD) in today’s interbank currency market.
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