Interbank closing: PKR gains 8 paisa to close at Rs279.9 versus USD
The Pakistani rupee (PKR) strengthened by 8.24 paisa against the US dollar (USD) in Friday’s interbank session, concluding the trade at PKR 279.9 per USD, surpassing the previous session’s closing rate.
The local currency experienced an intraday high (bid) of Rs280.4 and a low (ask) of Rs279.9.
In the open market, Exchange Companies quoted the dollar at Rs279.5 for buying and Rs281 for selling.
Comparatively, against major currencies, the PKR gained 20.17 paisa against the Euro, closing at Rs304.47 in contrast to the previous value of Rs304.67.
The British Pound became more affordable by 30.06 paisa, concluding at Rs354.94 compared to Rs355.24 a day earlier.
The Swiss franc incurred losses of 1.38 rupees, settling at Rs322.28 compared to Rs323.66 from the previous session.
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