Islamabad, Aug 16: After starting trade at 278 in the interbank market, the Pakistani rupee (PKR) remained steady vs the US dollar today.It closed the green against the greenback after remaining steady all day. During today’s session, it recorded losses compared to the majority of the other major currencies.
The interbank rate closed at 278/$, where it had spent the majority of the day. Today’s open market rates were rigidly set at the 278 level across a number of currency exchanges. The Pakistani Rupee gained 15 paisas versus the US dollar today, and it appreciated by 0.06 percent to settle at 278.54.The rupee has increased by 0.02 percent as far this fiscal year.
The rupee has decreased overall since January 2023 by over Rs. 51.64. It is lost Rs. 95.64 versus the US dollar since April 2022. Based on the changes in exchange rates throughout the day, the PKR appreciated by over 16 paisas today. In today’s interbank market, the PKR was up against the majority of other major currencies.
Against the Australian Dollar (AUD) it lost 14 paisas, while against the British Pound (GBP) it lost 71 paisas. It increased in value against the Saudi Riyal (SAR), the UAE Dirham (AED), the Canadian Dollar (CAD), the Euro (EUR), and the Canadian dollar (SAR) by four, four, 41, and 87 paisas, respectively, in today’s interbank currency market.
