The Pakistani rupee recorded a slight appreciation against the US dollar during early trading hours on Tuesday, gaining 17 paisa or 0.06 per cent to trade at Rs280.43 before 11am in the interbank market.
In the previous trading session on Monday, the rupee had slipped by 13.32 paisa or 0.05 per cent to close at Rs280.60. It touched an intraday high (bid) of Rs280.65 and a low (ask) of Rs280.60. In the open market, exchange companies quoted the dollar at Rs280.00 for buying and Rs282.15 for selling.
The rupee showed mixed performance against other major foreign currencies in Monday’s session:
Japanese Yen: The PKR lost 0.03 per cent, ending at 1.9633 compared to 1.9628 on Friday.
Saudi Riyal: It slipped by 0.07 per cent, closing at 74.77.
British Pound: The PKR fell sharply by Rs3.12 or 0.85 per cent, settling at 369.66.
Euro: It declined by 79.68 paisa or 0.25 per cent, finishing at 319.76.
UAE Dirham: The rupee weakened by 3.73 paisa or 0.05 per cent to Rs 76.39.
Chinese Yuan: It fell by 10.66 paisa or 0.28 per cent to Rs 38.42.
Swiss Franc: The rupee gained 97.42 paisa or 0.28 per cent, closing at Rs343.29.
