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PKR edges up against USD, settles at 276.8

Mettis Global • • 1 min read

PKR edges up against USD, settles at 276.8

The rupee finished Tuesday at Rs276.80 per US dollar in interbank trade, gaining 2.14 paisa from its previous close of Rs276.82, Mettis Global reported. Exchange companies quoted the dollar at Rs277.30 to buy and Rs280.00 to sell. The rupee also strengthened against the euro, pound, Swiss franc, Japanese yen and UAE dirham, but slipped against the Chinese yuan and Saudi riyal.

The euro ended at Rs308.65 and the pound at Rs368.77, while the Swiss franc settled at Rs334.12 and the yen at Rs1.7556. The rupee’s advance versus the dollar stands at Rs1.36, or 0.49%, in the fiscal year to date and Rs3.32, or 1.20%, for the calendar year so far. Six-month Karachi Interbank Bid and Offer rates were unchanged at 12.20% and 12.45%, respectively.

At a glance

  • The rupee closed at Rs276.80 per dollar, up 2.14 paisa.
  • Six-month KIBOR rates held at 12.20% and 12.45%.

Originally reported by Mettis Global

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