{"id":104574,"date":"2020-09-14T11:00:53","date_gmt":"2020-09-14T10:00:53","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104574"},"modified":"2020-09-14T15:52:00","modified_gmt":"2020-09-14T14:52:00","slug":"104277-usd-pkr-pakistan-rupee-declines-remittances-rise","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/","title":{"rendered":"USD\/PKR: Pakistan Rupee Declines, Remittances Rise"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/pkr-pakistani-rupee-live-exchange-rate\/\">Pakistani Rupee<\/a> (PKR) pares gains from the previous week<\/strong><\/li>\n<li><strong>Remittances stay over $2 billion for 3<sup>rd<\/sup> straight month<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US Dollar<\/a> (USD) trades lower versus major peers in risk on trading<\/strong><\/li>\n<li><strong>AstraZeneca restarts covid-19 vaccine trials<\/strong><\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-pkr-exchange-rate-today\/\">US Dollar Pakistani Rupee<\/a> (USD\/PKR) is pushing higher on Monday after falling across the previous week. The pair lost -0.3% last week, settling on Friday -0.46% at 165.70. At 09:30 UTC, <a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-pkr-exchange-rate-today\/\">USD\/PKR<\/a> trades +0.5% at 166.20.<\/p>\n<p>According to the State Bank of Pakistan, Pakistan remittances continued its solid run in August. Overseas remittances remained over $2 billion for a third consecutive month. Remittances rose to $2.095 billion, 24.4% higher compared to the same month last year. It was largely as the State Bank of Pakistan was expecting.<\/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>In July remittances flowing into Pakistan reached a record $2.76 billion. Over the past three months alone remittances have surged 37.2% compared to the same period the year before. This is an encouraging sign for<\/p>\n<p>The US Dollar is trading broadly lower versus its major peers in risk on trading. News that AstraZeneca has restarted covid-19 trials after briefly pausing them last week. The AstraZeneca covid vaccine is widely considered to be one of the most advanced in development and is one of the best bets at tackling the covid pandemic. The news has boosted flows out of the safe haven US Dollar.<\/p>\n<p>There is no high impacting US data due for release today. Investors are looking ahead to the Federal Reserve\u2019s monetary policy announcement on Wednesday. The Fed are not expected to adjust policy this time. The central bank announced a shift in policy framework to Average Inflation Targeting (AIT) which allows for periods of over target inflation to allow for periods where inflation has been below target.<\/p>\n<p>Any losses in the US Dollar could be capped by rising US \u2013 China tensions. The two powers have started a new war of words over the detention of 12 Hong Kong pro-democracy activists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistani Rupee (PKR) pares gains from the previous week Remittances stay over $2 billion for 3rd straight month US Dollar (USD) trades lower versus major peers in risk on trading AstraZeneca restarts covid-19 vaccine trials The US Dollar Pakistani Rupee (USD\/PKR) is pushing higher on Monday after falling across the previous week. The pair lost [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":83544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1863,1381],"tags":[1453,2597,1864,3275,1397,1398,1866],"class_list":{"0":"post-104574","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pkr","8":"category-usd","9":"tag-fomc","10":"tag-pakistan-rupee","11":"tag-pkr","12":"tag-remitances","13":"tag-us-dollar","14":"tag-usd","15":"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: Pakistan Rupee Declines, Remittances Rise - 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\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/\" \/>\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\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/PKR: Pakistan Rupee Declines, Remittances Rise\",\"datePublished\":\"2020-09-14T10:00:53+00:00\",\"dateModified\":\"2020-09-14T14:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/\"},\"wordCount\":354,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/USD-PKR-Range-bounds.jpg\",\"keywords\":[\"FOMC\",\"Pakistan Rupee\",\"pkr\",\"remitances\",\"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\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/\",\"name\":\"USD\\\/PKR: Pakistan Rupee Declines, Remittances Rise - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/USD-PKR-Range-bounds.jpg\",\"datePublished\":\"2020-09-14T10:00:53+00:00\",\"dateModified\":\"2020-09-14T14:52:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/USD-PKR-Range-bounds.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/USD-PKR-Range-bounds.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/PKR: Pakistan Rupee Declines, Remittances Rise\"}]},{\"@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: Pakistan Rupee Declines, Remittances Rise - 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\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"USD\/PKR: Pakistan Rupee Declines, Remittances Rise","datePublished":"2020-09-14T10:00:53+00:00","dateModified":"2020-09-14T14:52:00+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/"},"wordCount":354,"image":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/USD-PKR-Range-bounds.jpg","keywords":["FOMC","Pakistan Rupee","pkr","remitances","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\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/","url":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/","name":"USD\/PKR: Pakistan Rupee Declines, Remittances Rise - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/USD-PKR-Range-bounds.jpg","datePublished":"2020-09-14T10:00:53+00:00","dateModified":"2020-09-14T14:52:00+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/USD-PKR-Range-bounds.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/12\/USD-PKR-Range-bounds.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/104277-usd-pkr-pakistan-rupee-declines-remittances-rise\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/PKR: Pakistan Rupee Declines, Remittances Rise"}]},{"@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-Range-bounds.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104574","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=104574"}],"version-history":[{"count":5,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104574\/revisions"}],"predecessor-version":[{"id":104602,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104574\/revisions\/104602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/83544"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=104574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=104574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=104574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}