{"id":104033,"date":"2020-09-02T11:47:08","date_gmt":"2020-09-02T10:47:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104033"},"modified":"2020-09-02T13:48:25","modified_gmt":"2020-09-02T12:48:25","slug":"104113-usd-pkr-rupee-slips-inflation-rises-8-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/","title":{"rendered":"USD\/PKR: Rupee Slips As Inflation Growth Slows"},"content":{"rendered":"<ul>\n<li><strong>Pakistan Rupee (PKR) is falling versus the stronger US Dollar<\/strong><\/li>\n<li><strong>Pakistan CPI +0.6% mom and 8.2% yoy vs 9.3% in July<\/strong><\/li>\n<li><strong>US Dollar rallies across the board on economic recovery hopes<\/strong><\/li>\n<li><strong>US ADP employment to show 950,000 new hires<\/strong><\/li>\n<\/ul>\n<p>The US Dollar Pakistan Rupee (USD\/PKR) exchange rate is advancing for a second consecutive day. The pair settled +0.3% higher on Tuesday at 165.02. At 10:15 UTC, USD\/PKR trades +0.3% at 165.50. This is at the upper end of the daily traded range.<\/p>\n<p>Pakistan inflation, as measured by the consumer price index, increased 8.2% year on year in August, down from a 9.3% increase the prior month and a 10.5% increase in June. On a monthly basis CPI increased 0.6%, down from a 2.5% increase in July.<\/p>\n<p>The rise in prices was principally owing to a jump in the price of some foods such as sugar and also a hike in electricity prices.<\/p>\n<p>Oil prices are also on the rise, adding pressure to the Rupee. West Texas Intermediate trades +0.3% higher on hopes of rising demand as global economies rebound from the covid crisis.<\/p>\n<p>The US Dollar is extending gains after better than forecast ISM manufacturing PMI. The manufacturing report revealed that activity in the sector expanded at a stronger pace last month than in July. The ISM PMI jumped to 56, up from 54.2, hitting the highest level since January as the recovery in the sector continued. The data is fuelling optimism that the US economic recovery is gaining momentum.<\/p>\n<p>This week the US economic calendar is full. Today investors will be looking towards US Beige book release, factory orders and the ADP private payroll numbers.<\/p>\n<p>Analysts are expecting the ADP payroll report to reveal that 950,000 jobs were created in the private sector last month. This would be a substantial improvement on the lacklustre 167,000 increase in hiring in July. Economists consider the ADP report to be a good lead indicator for the US labour department\u2019s jobs report, the closely watched non-farm payroll, which is due to be released on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan Rupee (PKR) is falling versus the stronger US Dollar Pakistan CPI +0.6% mom and 8.2% yoy vs 9.3% in July US Dollar rallies across the board on economic recovery hopes US ADP employment to show 950,000 new hires The US Dollar Pakistan Rupee (USD\/PKR) exchange rate is advancing for a second consecutive day. The [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":83287,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1863,1381],"tags":[3136,2597,1864,1397,1398,1866],"class_list":{"0":"post-104033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pkr","8":"category-usd","9":"tag-adp-employment","10":"tag-pakistan-rupee","11":"tag-pkr","12":"tag-us-dollar","13":"tag-usd","14":"tag-usd-pkr"},"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: Rupee Slips As Inflation Growth Slows - 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\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/\" \/>\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\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/PKR: Rupee Slips As Inflation Growth Slows\",\"datePublished\":\"2020-09-02T10:47:08+00:00\",\"dateModified\":\"2020-09-02T12:48:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/\"},\"wordCount\":334,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/usd-pkr-bank-notes.jpg\",\"keywords\":[\"ADP employment\",\"Pakistan Rupee\",\"pkr\",\"us dollar\",\"usd\",\"usd\\\/pkr\"],\"articleSection\":[\"PKR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/\",\"name\":\"USD\\\/PKR: Rupee Slips As Inflation Growth Slows - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/usd-pkr-bank-notes.jpg\",\"datePublished\":\"2020-09-02T10:47:08+00:00\",\"dateModified\":\"2020-09-02T12:48:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/usd-pkr-bank-notes.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/usd-pkr-bank-notes.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/PKR: Rupee Slips As Inflation Growth Slows\"}]},{\"@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: Rupee Slips As Inflation Growth Slows - 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\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"USD\/PKR: Rupee Slips As Inflation Growth Slows","datePublished":"2020-09-02T10:47:08+00:00","dateModified":"2020-09-02T12:48:25+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/"},"wordCount":334,"image":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/usd-pkr-bank-notes.jpg","keywords":["ADP employment","Pakistan Rupee","pkr","us dollar","usd","usd\/pkr"],"articleSection":["PKR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/","url":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/","name":"USD\/PKR: Rupee Slips As Inflation Growth Slows - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/usd-pkr-bank-notes.jpg","datePublished":"2020-09-02T10:47:08+00:00","dateModified":"2020-09-02T12:48:25+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/usd-pkr-bank-notes.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/usd-pkr-bank-notes.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/104113-usd-pkr-rupee-slips-inflation-rises-8-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/PKR: Rupee Slips As Inflation Growth Slows"}]},{"@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\/12\/usd-pkr-bank-notes.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104033","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=104033"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104033\/revisions"}],"predecessor-version":[{"id":104034,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104033\/revisions\/104034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/83287"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=104033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=104033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=104033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}