Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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PKR’s Real Effective Exchange Rate Index decreases by 0.56 % in April

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According to data publised by the Central Bank, PKR's Real Effective Exchange Rate Index decreased by 0.56 percent to 111.09 in April compared to 111.72 in March 2018.

The central bank has allowed PKR to depreciate by 9.5 percent and raised the policy rate 75 basis points since December 2017 to address the growing current account imbalance.

 

Posted on: 2018-06-01T10:32:00+05:00