Rupee Up 44th Day in a Row Against US Dollar, Falls Against Other Major Currencies

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 44th day in a row on Wednesday. Meanwhile, it posted gains against some of the other major currencies during today’s session. The PKR barely appreciated by 0.002 percent DoD and closed at 280.56 after gaining one paisa against the US Dollar today. On a fiscal year-to-date basis (FYTD), the PKR has gained 1.16 percent against the US Dollar. The PKR was red against most of the other major currencies in the interbank market today. It was red against the UAE Dirham (AED) but closed in green against the Saudi Riyal (SAR). Meanwhile, it lost 68 paisas against the Canadian Dollar (CAD). The rupee lost Rs. 1.41 against the Australian Dollar (AUD) in today’s interbank currency market. It lost Rs. 1.53 against the Euro (EUR) and Rs. 1.81 against the British Pound (GBP).