Overview
The Pakistani rupee (PKR) weakened against the US Dollar (USD), British Pound (GBP), and most major currencies on Wednesday, closing in the red.
Performance Against US Dollar
- Day-on-Day (DoD) Performance: The PKR depreciated by 0.03%, losing nine paisas, and closed at 282.06 against the USD.
- Interbank Rate: Remained stable at 282-283/$ for most of the day before settling at 281.
- Open Market Rates: Held steady at 283 across multiple currency counters.
- Fiscal Year-to-Date (FYTD): The PKR has lost 1.34% against the USD.
Performance Against Other Currencies
The PKR weakened against most major currencies in the interbank market:
- UAE Dirham (AED): Lost two paisas.
- Saudi Riyal (SAR): Lost two paisas.
- Canadian Dollar (CAD): Lost 58 paisas.
- Australian Dollar (AUD): Lost 26 paisas.
- Euro (EUR): Gained one paisa.
- British Pound (GBP): Lost 75 paisas.
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