The Pakistani rupee (PKR) on Wednesday maintained the trend of minor fluctuations in the interbank session and closed the day with minimal gains versus the greenback.
According to the State Bank of Pakistan (SBP), the rupee witnessed an increase of 0.03 per cent (7.72 paisa) and ended the day at Rs278.54 against the US dollar (USD).
Exchange companies were buying the US dollar at Rs279.47 and selling it for Rs280.95.
During the day trade, Pakistani currency’s highest value was recorded at Rs278.70 with the lowest ask of Rs278.50.
Performance against different foreign currencies:
| Currency | Today’s rate | Previous closing | Change in value |
| British Pound | 364.35 | 364.75 | 40.75 paisa |
| Swiss Franc | 329.3 | 328.23 | 1.07 rupees |
| Japanese Yen | 1.9705 | 1.9395 | 3.1 paisa |
| Chinese Yuan | 39.16 | 39.13 | 2.96 paisa |
| Saudi Riyal | 74.23 | 74.27 | 3.44 paisa |
| UAE Dirham | 75.86 | 75.84 | 1.9 paisa |
Pakistani rupee’s performance against other foreign currencies, as expected, did not witness major changes.
The British Pound dropped 40.75 paisa against PKR and was quoted at Rs364.35 per GBP.
The Swiss Franc went up by Rs1.07, finishing at Rs329.3 compared to Rs328.23 the previous day.
Against the Japanese Yen, the PKR dropped by 3.1 paisa, closing at Rs1.9705, down from Rs1.9395 a day earlier.
The Saudi Riyal fell by 3.44 paisa, closing at Rs74.23 compared to Rs74.27 the day before.
The UAE Dirham lost 1.9 paisa, going from Rs75.86 to Rs75.84.
The Chinese Yuan gained 2.96 paisa, closing at Rs39.16, up from Rs39.13.
