Dollar

Rupee Rises 32nd Consecutive Day Against US Dollar


The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 32nd day in a row on Friday.

It also posted losses against some of the other major currencies during today’s session.

The PKR appreciated by 0.01 percent DoD and closed at 280.82 after gaining three paisas against the US Dollar today.

On a fiscal year-to-date basis (FYTD), the PKR has gained 1.10 percent against the US Dollar.

The US economic shutdown continues to impact the US Dollar against many currencies, which would normally close in red against it most of the week. The PKR has remained on a positive trend so far and may continue this trajectory as the US economy remains in shutdown-phase.

Other currencies

The PKR was green against most of the other major currencies in the interbank market today.

It was stable against the UAE Dirham (AED) and also the Saudi Riyal (SAR).

Meanwhile, it gained 19 against the Canadian Dollar (CAD).

The rupee gained 79 paisas against the Australian Dollar (AUD) in today’s interbank currency market.

Currency 05-Nov 06-Nov 07-Nov Change+/
USD 280.8644 280.8539 280.8228 0.0311
EUR 322.8256 323.3611 324.0274 -0.6663
GBP 366.2051 366.9356 368.5659 -1.6303
AUD 182.4355 182.9061 182.1136 0.7925
MYR 67.0001 67.1498 67.2388 -0.0890
CNY 39.4132 39.4328 39.4292 0.0036
CAD 199.0535 199.1518 198.9605 0.1913
AED 76.4673 76.4644 76.4560 0.0084
SAR 74.8892 74.8864 74.8741 0.0123

It lost 66 paisas against the Euro (EUR) and Rs. 1.63 against the British Pound (GBP).





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