INR Gains Slightly; PKR Flat Amid Quiet Week
Indian Rupee strengthens to 83.85 vs USD; PKR remains flat at 278.5. Economic activity in India shows resilience, while Pakistan sees a quiet week in FX.
Published on 28 Aug 2024
, 1 minute read
Here’s this week’s overview of the Indian Rupee and Pakistani Rupee:
Indian Rupee
The Indian Rupee traded a touch stronger at 83.85 against USD last week. Underlying data remains strong with bank loan growth and economic activity PMIs remaining in expansion.
Pakistani Rupee
PKR ended the week trading flat against USD at 278.5. There were no data releases of note out of Pakistan last week.
Get the full Report
Liked the report so far? Access the entire report and also get weekly FX updates straight to your email inbox
Streamline your Corporate FX
Fast account opening – Minimal Paperwork