No agreed target level for Exchange Rate: IMF

MG News | July 11, 2019 at 08:55 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 11, 2019 (MLN): The International Monetary Fund (IMF) issued a clarification about the exchange rate assumptions its Staff Report, saying there are no agreed target level for the Exchange rates.

In a small statement issued through its official social media, the IMF said “The published Staff Report on Pakistan includes exchange rate assumptions which are not predictions. Under the IMF-supported program there is not agreed target level for the exchange rate, which is market determined.”

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	169,392.33 140.87M	0.85% 1421.67
ALLSHR	102,246.77 370.03M	0.62% 626.89
KSE30	50,468.10 50.48M	0.76% 379.72
KMI30	241,108.75 61.37M	0.48% 1151.64
KMIALLSHR	66,245.50 219.95M	0.50% 327.36
BKTi	46,992.31 14.07M	0.64% 300.00
OGTi	34,488.93 4.55M	0.11% 37.74

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,805.00	75,990.00 75,140.00	-360.00 -0.47%
BRENT CRUDE	108.21	108.48 107.62	-0.54 -0.50%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	2.75 2.16%
ROTTERDAM COAL MONTHLY	138.50	138.50 138.50	-0.80 -0.57%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	105.18	105.63 104.69	-0.65 -0.61%
SUGAR #11 WORLD	17.98	18.30 17.88	-0.18 -0.99%