Rupee Up 45th Consecutive Day Against US Dollar, Performs Poorly Against Others

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 45th day in a row on Thursday. Meanwhile, it posted losses against most of the other major currencies during today’s session. The PKR barely appreciated by 0.001 percent DoD and closed at 280.55 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 green against the UAE Dirham (AED) and Saudi Riyal (SAR). Meanwhile, it lost 46 paisas against the Canadian Dollar (CAD). The rupee lost 69 paisas against the Australian Dollar (AUD) in today’s interbank currency market. It lost 31 paisas against the Euro (EUR) and Rs. 1.25 against the British Pound (GBP).