Exchange rates for Tuesday: PKR gains 9.6 paisa against US dollar, 37 paisa against Euro

The Pakistani rupee (PKR) appreciated by 9.62 paisa, or 0.03 per cent, against the US dollar during Tuesday’s interbank session, closing at PKR 278.32 per USD, compared to the previous rate of PKR 278.42.

Throughout the session, the currency fluctuated, with an intraday high of PKR 278.40 and a low of PKR 278.20. In the open market, exchange companies quoted the dollar at PKR 279.12 for buying and PKR 280.00 for selling.

In relation to other major currencies, the PKR gained 37.19 paisa against the Euro, closing at PKR 310.87, up from the previous value of PKR 311.24.

The Saudi Riyal closed at PKR 74.18, down by 2.56 paisa from its previous value of PKR 74.20. Similarly, the U.A.E Dirham decreased by 2.62 paisa, closing at PKR 75.80 from PKR 75.78 a day earlier.

The British Pound became slightly more expensive, rising by 23.5 paisa to close at PKR 367.59, compared to the previous close of PKR 367.36. The Swiss Franc saw a loss of 46.25 paisa, closing at PKR 328.34, down from PKR 328.81.

Read more: Exchange rates for Tuesday: PKR gains 9.6 paisa against US dollar, 37 paisa against Euro

Against the Japanese Yen, the PKR gained 1.46 paisa, closing at PKR 1.9197, compared to PKR 1.9343 the previous day. The Chinese Yuan lost 6.78 paisa, closing at PKR 39.03, down from PKR 39.10 in the previous session.

During the current financial year, the PKR has appreciated by 2.01 paisa, or 0.01 per cent, against the US dollar. Meanwhile, in the current calendar year, the PKR has strengthened by PKR 3.54, or 1.27 per cent.