Today, the Pakistani rupee (PKR) fell against the US Dollar (USD) after having already fallen the previous day and opened trading at 279 in the interbank market.
On a day-on-day DoD basis, the interbank rate remained within a range of 278-280/$ for most of the day before closing at 278. Open market rates at different currency counters were stable at 279-281 today.
It has been red throughout the day, closing in red against the US dollar. Meanwhile, it tallied losses against most of the other major currencies during today’s session.
There were losses of three paisas, resulting in the PKR’s depreciation of 0.01 percent DoD and thereby closing at 278.85 against the US Dollar today.
The rupee has depreciated by 0.19 percent so far this fiscal year.
Most of the currencies against which the PKR was red were other major currencies today in the interbank market.
It lost one paisa to the United Arab Emirates dirham (AED) and one paisa against the Saudi riyal (SAR).
On the other hand, it was depreciated against CAD by Rs. 1.64.
Losses against the Euro (EUR) were Rs. 1.29, whereas losses against the British Pound were Rs. 1.94.
The rupee has devalued by 79 paisas versus the Australian Dollar (AUD) in today’s interbank currency market.
