INR Weakens on PMI Dip, PKR Flat Amid Lackluster Data
Indian Rupee slips to 83.7 on PMI decline, while the Pakistani Rupee holds steady at 277.7 with no major data releases.
Published on 1 Oct 2024
, 1 minute read
Here’s this week’s overview of the Indian Rupee and Pakistani Rupee:
Indian Rupee
The Indian Rupee weakened moderately to 83.7 against USD last week. A slight downward surprise in economic activity PMIs weighed on the currency, but the economy is still showing strong expansion.
Pakistani Rupee
PKR ended the week trading flat against USD at 277.7. There we no data releases of note out of Pakistan last week.
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