Exchange Rate in Pakistan
Pakistan - Exchange Rate
The economy is showing signs of stabilization. The large current account deficit narrowed slightly in the first half of the fiscal year, which runs through June, while the weakening of the rupee has slowed substantially in recent months. Nevertheless, S&P Global Ratings lowered its credit rating for Pakistan on 4 February to B- from B, partly due to the slow negotiations between the cash-strapped government and the IMF on a financial support deal. On 12 February, however, the finance minister said the two sides were “very close” to an agreement, while a Saudi state visit to Pakistan in on 17 February resulted in USD 20 billion of new investment.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 | 13.11 | 0.0 % | Mar 11 |
| Exchange Rate | 139.7 | -0.05 % | Mar 11 |
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