Islamabad, Sep 2: The Pakistani rupee (PKR) opened trading at 278 in the interbank market today, marking a loss for September compared to the US dollar. The day’s trading remained steady, although it ended in red compared to the US dollar. During today’s session, it recorded gains against 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 PKR lost 10 paisas versus the US dollar today, depreciating by 0.04 percent to close at 278.64. Thus far this fiscal year, the rupee has lost 0.11 percent of its value.

In the interbank currency exchange, the PKR was up versus most of the other major currencies.It increased by Rs. 1.25 versus the British Pound (GBP), 77 paisas against the Australian Dollar (AUD), 35 paisas against the Euro (EUR), and 21 paisas against the Canadian Dollar (CAD). In today’s interbank currency market, it lost two paisas versus the UAE Dirham (AED) and two paisas against the Saudi Riyal (SAR).

 

 

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