Exchange Rate in Pakistan
Pakistan - Exchange Rate
The economy remains in choppy waters. The budget deficit was elevated in July-December 2018 as fiscal consolidation efforts bore little fruit, while public debt was up markedly year-on-year in February. Moreover, manufacturing output shrank sharply in January, negatively impacted by the government’s stabilization measures, while the latest data suggests the agricultural sector is struggling. More positively, the external sector has strengthened somewhat: The trade deficit has narrowed notably in the first two months of this calendar year, remittances were up markedly in July-March, while international reserves have recently picked up slightly. That said, the current account shortfall is still gaping. On the political front, negotiations with the IMF over a crucial bailout package are ongoing, and the Fund will visit the country before end-April, potentially to wrap up a deal.Pakistan - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 99.6 | 98.68 | 101.9 | 104.7 | 104.9 |
Pakistan Exchange Rate Chart
Source: Thomson Reuters.
Pakistan Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 13.46 | 0.0 % | May 13 |
| Exchange Rate | 141.6 | -0.05 % | May 13 |
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