February 25, 2025 (MLN): The Pakistani Rupee (PKR) saw a marginal drop of 0.90 paisa against the US dollar in Tuesday’s interbank session, settling at PKR 279.67 per USD as compared to the previous close.However, the currency touched a 52-week low, marking its weakest level in the past year. PKR has depreciated 0.77% from its strongest level of 277.52 per USD, recorded on October 4, 2024.Throughout the day, the currency saw an intraday high (bid) of 279.70 and a low (ask) of 279.70.In the open market, exchange companies quoted the dollar at 279.5 for buying and 281.5 for selling.In comparison to major currencies, PKR rose 29.82 paisa or 0.10% against the Euro, closing at 292.87 compared to the previous value of 293.17.Against the British Pound, PKR increased by 46.40 paisa or 0.13% to 353.06 compared to 353.52 a day ago.The local unit depreciated 7.96 paisa or 0.03% against Swiss franc to close at 311.84.Against the Japanese Yen, PKR's value strengthened 0.34 paisa or 0.18% to close the session at 1.8684 versus 1.8718 a day ago.Pakistani Rupee gained 9.25 paisa or 0.24% against Chinese Yuan to close at 38.50 from 38.59.The local currency decreased by 0.63 paisa or 0.01% against Saudi Riyal to 74.58. While it fell by 0.66 paisa or 0.01% against the U.A.E Dirham to close at 76.15.During the current fiscal year, PKR has decreased against the US Dollar by 1.33 rupees or 0.48%. While it has weakened 1.12 rupees or 0.40% so far this calendar year.In the Money Market, the benchmark 6 Month Karachi Interbank Bid and Offer rates inched down by 1bps to 11.60% and 11.85%.Performance SummaryCurrencyFeb 25, 2025Feb 24, 20251D7D1MFYTDCYTDUSD279.6718279.6628-0.0090-0.00%-0.3051-0.11%-0.9196-0.33%-1.3306-0.48%-1.1218-0.40%EUR292.8723293.17050.29820.10%-0.5290-0.18%-1.2557-0.43%4.81371.64%-2.7903-0.95%GBP353.0577353.52170.46400.13%-0.5947-0.17%-7.7673-2.20%-1.1369-0.32%-3.3521-0.95%CHF311.8379311.7583-0.0796-0.03%-1.9985-0.64%-3.8924-1.25%-2.4323-0.78%-3.4002-1.09%JPY1.86841.87180.00340.18%-0.0314-1.68%-0.0746-3.99%-0.1386-7.42%-0.0850-4.55%SAR74.581174.5748-0.0063-0.01%-0.0913-0.12%-0.2670-0.36%-0.3864-0.52%-0.4395-0.59%AED76.147876.1412-0.0066-0.01%-0.0893-0.12%-0.2545-0.33%-0.3674-0.48%-0.3116-0.41%CNY38.499238.59170.09250.24%-0.1341-0.35%-0.0533-0.14%-0.1940-0.50%-0.3377-0.88%52 Week PerformanceCurrencyHighLowTrading Band% Since High% Since LowHigh DateLow DateDays Since HighDays Since LowUSD277.5179279.67182.1539-0.77%0.00%04-Oct-2425-Feb-251440EUR284.6665311.242726.5762-2.80%6.27%13-Jan-2526-Aug-2443183GBP338.2418372.121733.8799-4.20%5.40%13-Jan-2530-Sep-2443148CHF303.4906330.819127.3285-2.68%6.09%03-Feb-2506-Sep-2422172JPY1.72111.98800.2669-7.88%6.40%03-Jul-2416-Sep-24237162SAR73.876774.58110.7044-0.94%0.00%04-Oct-2425-Feb-251440AED75.554176.14780.5937-0.78%0.00%04-Oct-2425-Feb-251440CNY37.991039.59101.6000-1.32%2.84%10-Jan-2530-Sep-2446148Copyright Mettis Link NewsPosted on: 2025-02-25T15:33:51+05:00The post PKR hits 52-week low, closes at 279.67/USD appeared first on Mettis Global Link.