Exchange Rate in Pakistan

Pakistan Exchange Rate | Economic News & Forecasts

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  

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Pakistan Exchange Rate Chart

Pakistan Exchange Rate
Note: Exchange rate, PKR per USD (eop).
Source: Thomson Reuters.

Pakistan Facts

Bond Yield13.460.0 %May 13
Exchange Rate141.6-0.05 %May 13

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