Real Effective Exchange Rate Index Declines by 1.40 percent in March

MG News | May 07, 2018 at 12:50 PM GMT+05:00

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According to data published by the State Bank of Pakistan, the Real Effective Exchange Rate Index in March 2018 stood at 111.72 compared to 113.31 in Feb 2018.

The SBP allowed the currency to depreciate twice within the space of 6 months due to growing trade and current account deficit and concern by international lenders of PKR being overvalued.

Since December 2017, PKR has depreciated by 9.54 percent.

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Name	Price/Vol	%Chg/NChg
KSE100	170,765.22 212.46M	0.16% 266.28
ALLSHR	103,241.06 481.66M	0.13% 137.96
KSE30	50,813.89 65.25M	0.15% 74.20
KMI30	244,391.30 71.96M	0.08% 186.13
KMIALLSHR	66,928.26 309.74M	0.08% 55.24
BKTi	47,274.31 12.11M	0.30% 141.41
OGTi	35,009.43 4.22M	0.13% 46.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,180.00	85,595.00 84,120.00	760.00 0.90%
BRENT CRUDE	104.38	106.59 103.11	-2.22 -2.08%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-0.55 -0.45%
ROTTERDAM COAL MONTHLY	136.55	137.10 133.60	0.65 0.48%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	92.44	0.00 0.00	0.03 0.03%
SUGAR #11 WORLD	18.54	18.75 18.43	-0.07 -0.38%