{"id":100591,"date":"2020-05-28T06:07:38","date_gmt":"2020-05-28T10:07:38","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=100591"},"modified":"2020-05-28T07:36:09","modified_gmt":"2020-05-28T11:36:09","slug":"103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/","title":{"rendered":"USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown"},"content":{"rendered":"<ul>\n<li><strong>As COVID-19 cases increase in Pakistan, a second nationwide lockdown could be coming<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/pkr-pakistani-rupee-live-exchange-rate\/\">Pakistani Rupee<\/a> (PKR) drops owing to economic impact of a second lockdown<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US Dollar<\/a> (USD) looks ahead to GDP, Durable Goods &amp; Jobless claims data<\/strong><\/li>\n<li><strong>At 10:15 UTC, USD\/PKR is trading +0.7% at 161.70 &gt;&gt; <a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-pkr-exchange-rate-today\/\">Real time exchange rate<\/a><\/strong><\/li>\n<\/ul>\n<p>After strengthening over the past two sessions, the Pakistani Rupee is weakening versus the US Dollar today. The Rupee settled on Wednesday +0.2% higher at 161.57.<\/p>\n<p>At 10:15 UTC, USD\/PKR is trading +0.7% at 161.70. This is at the upper end of the daily traded range of 161.45 \u2013 161.80 as investors weigh up the possibilities of Pakistan re-imposing lockdown.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-pkr-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time USD to PKR exchange rate<\/span><\/a><\/div>\n<p>The Pakistan government is considering putting the country back under lockdown if the coronavirus situations continues to deteriorate.<\/p>\n<p>Officially the number of coronavirus cases in Pakistan has surpassed 60,000. In the past 24 hours 2,400 people have been infected. So far 1,200 people have died from coronavirus. However, fears are that the picture is actually much worse than what is being recorded.<\/p>\n<p>The government remains deeply divided over whether imposing another nationwide lockdown would be beneficial. Ministers are also pushing hard for the reopening of businesses. There are also questions over whether the public will follow another lockdown with zero or no enforcement strategy.<\/p>\n<p>The first lockdown, as with countries across the globe, brought the Pakistan economy to a standstill. A second lockdown would be just as damaging. However, with the number of cases rising and hospitals reaching capacity quickly, there are growing concerns that a second lockdown could be the only option.<\/p>\n<p>The US Dollar was trading broadly lower versus its peers as risk sentiment surrounding the reopening of economies after coronavirus lockdown was overshadowing the escalating tensions between US and China over Hong Kong.<\/p>\n<p>Looking ahead, investors will focus on a barrage of US data for further clues as to the impact of the covid-19 crisis on the US economy. The most closely watched releases will be US Q1 GDP, Durable goods and Jobless claims. Expectations are grim.<\/p>\n<p>Analysts are forecasting economic growth in the first three months of the year will be confirmed at -4.8% contraction on an annual basis. Durable goods are expected to reveal a record double digit decline\u00a0 and initial jobless claims are expected to remain worryingly over 2 million.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As COVID-19 cases increase in Pakistan, a second nationwide lockdown could be coming Pakistani Rupee (PKR) drops owing to economic impact of a second lockdown US Dollar (USD) looks ahead to GDP, Durable Goods &amp; Jobless claims data At 10:15 UTC, USD\/PKR is trading +0.7% at 161.70 &gt;&gt; Real time exchange rate After strengthening over [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":82330,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1863,1381],"tags":[1562,1409,1487,2374,1867,1864,2804,1398],"class_list":{"0":"post-100591","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pkr","8":"category-usd","9":"tag-durable-goods","10":"tag-gdp","11":"tag-hong-kong","12":"tag-lockdown","13":"tag-pakistani-rupee","14":"tag-pkr","15":"tag-us-dolr","16":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown\",\"datePublished\":\"2020-05-28T10:07:38+00:00\",\"dateModified\":\"2020-05-28T11:36:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/\"},\"wordCount\":417,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/usd-pkr-exchange-rate-1.jpg\",\"keywords\":[\"durable goods\",\"gdp\",\"hong kong\",\"lockdown\",\"Pakistani Rupee\",\"pkr\",\"US Dolr\",\"usd\"],\"articleSection\":[\"PKR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/\",\"name\":\"USD\\\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/usd-pkr-exchange-rate-1.jpg\",\"datePublished\":\"2020-05-28T10:07:38+00:00\",\"dateModified\":\"2020-05-28T11:36:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/usd-pkr-exchange-rate-1.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/usd-pkr-exchange-rate-1.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown","datePublished":"2020-05-28T10:07:38+00:00","dateModified":"2020-05-28T11:36:09+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/"},"wordCount":417,"image":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/usd-pkr-exchange-rate-1.jpg","keywords":["durable goods","gdp","hong kong","lockdown","Pakistani Rupee","pkr","US Dolr","usd"],"articleSection":["PKR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/","url":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/","name":"USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/usd-pkr-exchange-rate-1.jpg","datePublished":"2020-05-28T10:07:38+00:00","dateModified":"2020-05-28T11:36:09+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/usd-pkr-exchange-rate-1.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/usd-pkr-exchange-rate-1.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103298-usd-pkr-pakistani-rupee-slips-as-government-considers-a-2nd-lockdown\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/PKR: Pakistani Rupee Slips As Government Considers A 2nd Lockdown"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/usd-pkr-exchange-rate-1.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=100591"}],"version-history":[{"count":6,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100591\/revisions"}],"predecessor-version":[{"id":100603,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/100591\/revisions\/100603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/82330"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=100591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=100591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=100591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}