Exchange Rate in Pakistan
Pakistan - Exchange Rate
The economy likely stumbled in Q4 of FY 2019, which ended in June. Annual industrial production and merchandise exports declined at an accelerated pace, while agriculture output weakened notably due to adverse weather conditions in Q4. Moreover, the fiscal deficit hit a multi-decade high at the close of FY 2019, largely the result of lower tax revenues, which could strain Pakistan’s ability to meet the IMF’s loan conditions. That said, household consumption was likely supported by a surge in annual remittances and healthy private sector credit growth in Q4. Turning to Q1 FY 2020, economic activity is likely stable, as export growth rebounded sharply in July, leading the trade deficit to narrow to a three-year low. However, remittances contracted notably in July, and private sector credit growth slowed to the softest pace since September 2016.Pakistan - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 105.4 | 100.8 | 104.9 | 104.4 | 110.7 |
Pakistan Exchange Rate Chart
Source: Thomson Reuters.
Pakistan Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 13.26 | 0.0 % | Sep 04 |
| Exchange Rate | 156.8 | -0.05 % | Sep 04 |
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