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Rupee Finally Puts An End to Losses Against US Dollar

Today’s intraday trade saw the Pakistani Rupee’s value against the US dollar drop under Rs. 152, according to the financial analytics website Capital Stake.

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In comparison to the Euro, the Pound Sterling (GBP), the Australian Dollar (AUD), and the Canadian Dollar (CAD), PKR had increases of 15 paisas, 77 paisas, 17 paisas, and 32 paisas, respectively (CAD).

With a slight rise today, the PKR maintained its value in comparison to the Saudi Riyal (SAR) and UAE Dirham (AED). Today’s foreign exchange market saw a slight increase in PKR versus both of these currencies of less than one paisa.

PKR closed at Rs. 152.81 to the USD at the end of the trading day today (Friday), with a spot rate of Rs. 151.95 to the USD and a day’s high of Rs. 152.97 to the USD (April 16). This hardly increased from yesterday’s Rs. 152.83 to the USD by 1.5 paisas (April 15).

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The PKR recently experienced broad advances in the interbank currency market against other significant currencies as well.

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