Home Latest News Industry Economy & Policy Markets Gold & Money Banking & Fintech Startups Agri-Business

Rupee Closes Week With Big Losses Against All Major Currencies Due to Uncertainty

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) to end the week today after opening trade at 280 in the interbank market.

On a day-on-day (DoD) basis, the interbank rate stayed at 279-281/$ most of the day before closing at the 279 level. Open market rates across multiple currency counters remained at the 280-282 level today.

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

The PKR depreciated by 0.04 percent and lost 10 paisas to close at 279.57 against the US Dollar today.

On a fiscal year-to-date basis, the rupee has so far depreciated by 0.44 percent.

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

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

Meanwhile, it lost 70 paisas against the Canadian Dollar (CAD).

It lost Rs. 1.85 against the Euro (EUR) and Rs. 2.20 against the British Pound (GBP).

The rupee lost 85 paisas against the Australian Dollar (AUD) in today’s interbank currency market.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.



Get Alerts

ProPakistani Community

Join the groups below to get latest news and updates.



>