Pakistani Rupee (PKR) has been volatile since the beginning of the currentweek. On Monday, PKR lost against several major currencies in the interbankmarket but yesterday posted blanket gains against all major currencies.Today the movement of the rupee showed mixed results.

PKR gained 10 paisas against the US Dollar (USD) today, after posting again of 15 paisas yesterday, which came after a loss of 4 paisas on theopening day of the week.

PKR closed at Rs. 160.53 to the USD on Wednesday (27 January) compared toRs. 160.63 on Tuesday, which was an improvement upon Rs. 160.79 on Monday.——————————

Against other major currencies, PKR posted notable gains yesterday, butmany of those gains reversed on the third day of the week.

The highest loss for PKR came against the GBP with an Rs. 1.5 deteriorationtoday. Yesterday, PKR had posted the highest gain against GBP with animprovement of Rs. 1.42. Monday had seen PKR lose 44 paisas to the GBP.