CAD improves by 29 percent in 9MFY19

News Image

MG News | April 18, 2019 at 06:10 PM GMT+05:00

0:00

April 18, 2019 (MLN): Current account deficit (CAD) in first nine months (July to March) FY19 has fallen by 29% to $9.588 billion compared to $13.589 billion in same period last year.

According to data released by State Bank of Pakistan (SBP), Current account deficit in March 2019 soared to $822 million, depicting a massive increase of 196% MoM and a decline of 45% from $1484 million in March 2018.

On quarterly basis, CAD stood at $1.973 billion (Jan-March) FY19 compared to 3.851 billion in last quarter.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,754.05
109.84M
0.06%
88.55
ALLSHR 85,476.73
268.28M
-0.26%
-222.77
KSE30 42,349.64
40.51M
-0.01%
-3.50
KMI30 194,179.11
37.41M
-0.51%
-1002.92
KMIALLSHR 56,164.11
133.59M
-0.40%
-225.04
BKTi 38,122.32
8.78M
-0.78%
-300.65
OGTi 27,603.48
3.21M
-0.41%
-114.77
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,700.00 121,165.00
119,315.00
1410.00
1.18%
BRENT CRUDE 69.78 69.91
69.41
0.26
0.37%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 105.00 105.00
105.00
-0.15
-0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.48 66.62
66.12
0.10
0.15%
SUGAR #11 WORLD 16.75 16.88
16.54
0.19
1.15%

Chart of the Day


Latest News
July 18, 2025 at 11:31 AM GMT+05:00

GCWL moves toward commercial operations with new project


July 18, 2025 at 10:46 AM GMT+05:00

EM sovereign ratings show positive trend in 2025


July 18, 2025 at 10:38 AM GMT+05:00

SSGC Board approves LPG, NGL deal with JJVL


July 18, 2025 at 10:37 AM GMT+05:00

Fitch projects U.S. tariff rate to rise sharply by August


July 18, 2025 at 10:16 AM GMT+05:00

PNSC says shipping reform plan still in early stages



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg