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Rupee Now on 36-Day Winning Streak Against US Dollar After End of Another Week

5 min read
Legal Expert
Rupee Now on 36-Day Winning Streak Against US Dollar After End of Another Week
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 36th day in a row on Friday. Meanwhile, it posted gains against most of the other major currencies during today’s session. The PKR barely appreciated by 0.01 percent DoD and closed at 280.72 after gaining four paisas against the US Dollar today. On a fiscal year-to-date basis (FYTD), the PKR has gained 1.13 percent against the US Dollar. The PKR was green against most of the other major currencies in the interbank market today. It gained one paisa against the UAE Dirham (AED) and was also stable against the Saudi Riyal (SAR). Meanwhile, it gained 70 paisas against the Canadian Dollar (CAD). The rupee gained Rs. 1.51 against the Australian Dollar (AUD) in today’s interbank currency market. It lost 36 paisas against the Euro (EUR) but gained 29 paisas against the British Pound (GBP).
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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