The Pakistani rupee (PKR) on the second trading day of the week rose marginally against the US dollar (USD) during intraday trading and managed to close the session in green.
According to the State Bank of Pakistan (SBP), the PKR gained 0.03 per cent or nine paisa against USD and settled Wednesday at Rs278.13.
Considering the current financial year, the home unit has appreciated against the greenback by 29.89 paisa or 0.11 per cent. On the other hand, the calendar year has seen rupee appreciate by Rs3.82 or 1.37 per cent.
As compared to other foreign currencies, here is how the Pakistani currency performed today:
| Currency | Monday’s rate | Wednesday’s rate | Change (Paisa) |
| British Pound | 366.59 | 366.97 | 38.88 |
| Euro | 309.29 | 309.47 | 18.38 |
| UAE Dirham | 75.70 | 75.72 | 2.31 |
| Saudi Riyal | 74.11 | 74.08 | 2.85 |
| Swiss Franc | 329.44 | 329.18 | 25.64 |
| Japanese Yen | 1.988 | 1.9592 | 2.88 |
| Chinese Yuan | 39.21 | 39.21 | 0.35 |
The PKR shed 38.88 paisa against the British Pound and closed at Rs366.97 per GBP.
The PKR shed over 18 paisa against the Euro and closed the trading session at Rs309.47 per Euro.
The Swiss franc shed more than 25.6 paisa, closing at Rs329.18.
The Saudi Riyal closed at 74.08 with a loss of 2.85 paisa from its value of 74.11 on Monday.
Against the Japanese Yen, PKR rose 2.88 paisa, closing at Rs1.9592.
The Chinese Yuan gained 0.35 paisa, closing the day at Rs39.21 against Rs39.21 on last trading day.
For those unaware, the currency market remained closed on Tuesday due to the Eid Milad-un-Nabi holiday.
