{"id":54565,"date":"2024-11-01T11:06:41","date_gmt":"2024-11-01T06:06:41","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=54565"},"modified":"2024-11-01T11:06:41","modified_gmt":"2024-11-01T06:06:41","slug":"pakistani-rupee-gains-0-06-against-us-dollar-in-interbank-market","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistani-rupee-gains-0-06-against-us-dollar-in-interbank-market\/","title":{"rendered":"Pakistani rupee gains 0.06% against US Dollar in interbank market"},"content":{"rendered":"<p>ISLAMABAD: The<a href=\"https:\/\/dailyausaf.com\/en\/business\/currency-rates\/uk-pound-to-pkr-exchange-rate-in-pakistan-today-november-1-2024\/\"> Pakistani rupee<\/a> (PKR) showed a slight improvement against the <a href=\"https:\/\/dailyausaf.com\/en\/business\/currency-rates\/us-dollar-to-pkr-exchange-rate-in-pakistan-today-november-1-2024\/\">US dollar<\/a> (USD) on Friday, November 1, 2024, with a 0.06% increase in the interbank market.<\/p>\n<p>This marginal gain brought the<a href=\"https:\/\/dailyausaf.com\/en\/business\/currency-rates\/latest-currency-exchange-rates-in-pakistan-today-november-1-2024\/\"> local currency<\/a> to Rs277.68, representing a 17 paisa advantage over the USD. This is a positive move compared to the previous trading day, Thursday when the PKR settled at Rs277.85 and incurred a 5.77 paisa loss against the dollar.<\/p>\n<p>In the broader context, the rupee has demonstrated resilience during the ongoing <a href=\"https:\/\/dailyausaf.com\/en\/business\/pakistans-it-export-hikes-to-286-m-in-first-month-of-fiscal-year\/\">fiscal year<\/a>, with a 0.18% or 49.12 paisa gain against the USD.<\/p>\n<p>However, it&#8217;s essential to note that the PKR also increased by Rs4, or 1.44%, during the calendar year. These fluctuations underscore the dynamic nature of currency markets.<\/p>\n<p>Globally, the US dollar has stabilized against other currencies as investors await the US jobs report. This report is crucial in confirming economic resilience, particularly with the Federal Reserve&#8217;s monetary policy meeting and the US presidential election on the horizon.<\/p>\n<p>Interestingly, the US dollar began the month at a lower level, facing pressure against the yen on Thursday.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistani rupee (PKR) showed a slight improvement against the US dollar (USD) on Friday, November 1, 2024, with a 0.06% increase in the interbank market. This marginal gain brought the local currency to Rs277.68, representing a 17 paisa advantage over the USD. This is a positive move compared to the previous trading day, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":31728,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1244,21353,23543],"class_list":["post-54565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-us-dollar","tag-interbank-market","tag-pkr-gains-17-paisa-against-usd"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/54565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=54565"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/54565\/revisions"}],"predecessor-version":[{"id":54567,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/54565\/revisions\/54567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/31728"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=54565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=54565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=54565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}