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Rupee Improves But Stays Below 281 Against US Dollar

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 282 in the interbank market.

On a day-on-day (DoD) basis, the interbank rate stayed at 280-282/$ most of the day before closing at the 281 level. Open market rates across multiple currency counters remained at the 282-283 level today.

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

The PKR appreciated by 0.02 percent DoD after gaining five paisas and closed at 281.02 against the US Dollar today.

On a fiscal year-to-date basis (FYTD), the PKR has lost 0.96 percent against the US Dollar.

Other currencies

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

It gained one paisa against the UAE Dirham (AED) and one paisa against the Saudi Riyal (SAR).

Meanwhile, it lost 84 paisas against the Canadian Dollar (CAD).

The rupee lost Rs. 1.48 against the Australian Dollar (AUD) in today’s interbank currency market.

It lost Rs. 1.42 against the Euro (EUR) and Rs. 2.87 against the British Pound (GBP).



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