Pakistani Rupee Gains Slightly on the Dollar, Slips Elsewhere
The dollar closed at Rs 276.95, while the rupee slipped against several other currencies.
The Pakistani rupee strengthened slightly against the US dollar on 14 October, and the dollar closed at Rs 276.95. Against several other major currencies, the rupee moved the other way.
In this article we set out the moves that were given a figure, and the ones that were not. Here is everything you need to know.
Where the Pakistani rupee gained and where it slipped
The gain against the dollar is described only as slight. No paisa figure is given for that move, only the closing rate of Rs 276.95.
The losses that do have figures are against the British pound and the Australian dollar. The rupee lost 71 paisas against the pound and Rs 1.09 against the Australian dollar. It also declined against the euro and the Canadian dollar. Those two declines are stated without a size.
Closing rates for the pound, euro, Australian dollar and Canadian dollar are not in this update.
Why it matters
A single dollar close can hide a mixed day. Here the rupee was firmer against the dollar and weaker against four other currencies, with amounts published for only two of those losses.
- The date of the rates is 14 October
- The dollar close is Rs 276.95
- The dollar move is a slight gain for the rupee
- The pound loss is 71 paisas
- The Australian dollar loss is Rs 1.09
- The euro and Canadian dollar declines have no published size
What is not in this update
- How many paisas the rupee gained against the dollar.
- Closing rates for the pound, euro, Australian dollar or Canadian dollar.
- The size of the euro and Canadian dollar declines.
- A reason for the mixed move.
What happens next
The next session will show whether Rs 276.95 holds. We will update this article when a new close is published.
Our verdict
The Pakistani rupee was slightly stronger against the US dollar on 14 October, with the dollar at Rs 276.95. It lost 71 paisas to the pound and Rs 1.09 to the Australian dollar, and it also declined against the euro and the Canadian dollar.
Follow for more updates.
Frequently asked questions
What was the dollar close?
Rs 276.95 on 14 October.
Did the rupee rise or fall against the dollar?
It strengthened slightly. The size of that gain is not stated.
What happened against the pound?
The rupee lost 71 paisas.
Which other currencies did it weaken against?
The Australian dollar, by Rs 1.09, and also the euro and the Canadian dollar, with no size given for those two.
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