INR Weakens Slightly, PKR Ends Flat Against USD

INR edges lower to 83.86 despite strong Q2 GDP growth; PKR remains stable at 278.5 with no significant data releases from Pakistan.

Published on 6 Sept 2024

, 1 minute read

Here’s this week’s overview of the Indian Rupee and Pakistani Rupee:

Indian Rupee

The Indian Rupee was a touch weaker at 83.86 against USD last week. Underlying data remains strong with Q2 GDP growth at 6.7% and another uptick in foreign exchange reserves.

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.

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