Pakistan economic indicators - March 17, 2008
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DAILY INDICATORS
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SATURDAY PREVIOUS
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Floating Interbank Rate (Rs/$) 62.86/62.91 62.74/62.80
Rupee/US $ (kerb market) 62.85/62.95 62.80/62.90
Karachi 100-share index 15,087.47 15,074.74
Gold (Karachi) Rs/10 gm 20,240 N/A
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CENTRAL BANK AUCTIONS
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Treasury Bills Auction Results:
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Cut-off Yield (pct) at auction on: Mar 12 Feb 27
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Three-months bills 9.5475 9.4568
Six-month bills 9.8686 9.8024
12-months bills 10.1357 10.0385
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Pakistan Investment Bond (PIB) Auction Results:
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Cut-off Yield (pct) at auction on: Jan 29 (2008) Nov 29 (2007)
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9.10 pct coupon, three-Year PIB 10.0499 Bids Rejected
9.30 pct coupon, five-Year PIB 10.2486 Bids Rejected
9.60 pct coupon, 10-Year PIB 10.8503 Bids Rejected
10 pct coupon, 15-Year PIB 11.7452 Bids Rejected
10.50 pct coupon, 20-Year PIB 11.9493 Bids No Received
11.00 Pct coupon, 30-Year PIB 12.1105 11.6198
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WEEKLY INDICATORS
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Week ending March 08 March 01
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Total liquid forex reserves $14.142 bln $14.063 bln
Forex held by central bank $12.030 bln $11.924 bln
Forex held by other banks $2.112 bln $2.139 bln
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MONTHLY INDICATORS
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LAST PVS
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Consumer price index
Change mth/mth (pct) Feb 0.49 1.91
Change Yr/Yr (pct) Feb 11.25 11.86
Wholesale price index
Change mth/mth (pct) Feb 1.24 1.78
Change Yr/Yr (pct) Feb 16.36 15.53
Trade Balance (FBS) Feb $-2.10 bln $-2.05 bln
Exports (FBS) Feb $1.55 bln $1.48 bln
Imports (FBS) Feb $3.66 bln $3.53 bln
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ANNUAL INDICATORS
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FISCAL YEAR 2006/07 2005/06
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Population (millions) **156.77 155.4
Per capita income **$925 $833
External debt (billion dlr) **38.86 36.56
Total F.Debt as pct of GDP **27.1 29.4
Domestic debt (billion rupees) **2,523 2,312
Total domestic debt as pct of GDP **28.4 30.0
Gross domestic product growth **7.0 pct 6.6 pct
Manufacturing sector growth **8.75 pct 10.68 pct
Services sector growth **8.0 pct 9.6 pct
Agricultural sector growth **5.0 pct 1.6 pct
Commodity Producing sector growth **6.0 pct 3.4 pct
Average consumer price inflation **7.77 pct 7.92 pct
Fiscal deficit (pct of GDP) **4.3 4.2
Trade balance (FBS July-June) $-13.564 bln $-12.130 bln
Exports $16.976 bln $16.451 bln
Imports $30.540 bln $28.581 bln
Current a/c balance $-7.094 bln $-4.990 bln
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