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‘Good news’ for Pakistanis as Inflation hits record low, PM

02:36 PM | 31 Jan, 2021
‘Good news’ for Pakistanis as Inflation hits record low, PM

ISLAMABAD – Prime Minister Imran Khan on Sunday has directed his economic team to ensure that inflation stays under control.

The premier took to his Twitter and wrote ‘More good news on the economic front. Our efforts to reduce inflation are now showing results.

Khan added that “Consumer price index & core inflation are both now lower than when our government was formed.” He went on to say that, “I have told my economic team to stay vigilant & ensure that inflation stays under control.”

Earlier today, Federal Minister for planning and development, Asad Umar also announced that the inflation rate in Pakistan has descended down due to PM Imran’s foreign policies. Umar highlighted country’s sensitive price index (SPI) is recorded to 7.48 percent in comparison to that of last year.

“Jan inflation (CPI) is down to 5.7%. Core inflation is at 5.4%,” he wrote on his official Twitter handle. Consumer Price Index (CPI) inflation was 5.8 percent and core inflation 7.6pc before the PTI assumed power in 2018, he added.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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