No agreed target level for Exchange Rate: IMF

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

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	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,055.00	109,565.00 107,195.00	570.00 0.53%
BRENT CRUDE	66.70	67.20 65.92	-0.10 -0.15%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.97	65.82 64.50	-0.55 -0.84%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%