{"id":108080,"date":"2021-01-28T11:24:45","date_gmt":"2021-01-28T11:24:45","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=108080"},"modified":"2021-01-28T11:24:45","modified_gmt":"2021-01-28T11:24:45","slug":"105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/","title":{"rendered":"USD\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/pkr-pakistani-rupee-live-exchange-rate\/\">Pakistan Rupee<\/a> (PKR) trends lower paring Wednesday\u2019s gains<\/strong><\/li>\n<li><strong>ADB approve $10 billion lending plan<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US Dollar<\/a> (USD) rises on safe haven in flows<\/strong><\/li>\n<li><strong>US Q4 GDP &amp; Jobless claims in focus<\/strong><\/li>\n<\/ul>\n<p>The US Dollar Pakistan Rupee (<a href=\"https:\/\/currencylive.com\/\">USD\/PKR<\/a>) exchange rate is advancing on Thursday paring losses from previous session. The pair settled -0.3% at 160.10 after rising to a high of 160.86. At 10:15 UTC, USD\/PKR trades +0.3% at 160.60.<\/p>\n<p>The Asian Development Bank (ADB) yesterday approved a 5 year lending programme of $10 billion. The programme is aimed at supporting Pakistan\u2019s efforts to address the economic and social fallout from the covid pandemic.<\/p>\n<p>The loans will start this year and continue through to 2025. Although the actual disbursement of these loans will be dependent on Pakistan\u2019s ability to meet certain conditions in a timely manner.<\/p>\n<p>Pakistan has been dependent on foreign lenders to meet its budget financing and foreign exchange reserves amid resource constraints.<\/p>\n<p>The World Bank is also in the process of approving a 5 year lending strategy to the tune of $12 billion<\/p>\n<p>The US Dollar is edging higher on Thursday across the board. The US Dollar Index trades +0.1% at the time of writing, building on gains from the previous session in risk off trade.<\/p>\n<p>The souring mood in the market is reflected in US futures pointing to a weaker start. Yesterday stocks on Wall Street experienced the steepest one day selloff since October amid rising concerns over the dangerous game being played between retail traders and hedge funds over short position such as GameStop and AMC Entertainment.<\/p>\n<p>The Federal Reserve left monetary policy unchanged as expected. Federal Reserve Chair Jerome Powell adopted a down beat tone highlighting concerns over the health of the US economic recovery. His comments lifted demand for the safe haven US Dollar.<\/p>\n<p>Attention will now turn to the US economic calendar with preliminary reading of the fourth quarter GDP and jobless claims due to be released.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan Rupee (PKR) trends lower paring Wednesday\u2019s gains ADB approve $10 billion lending plan US Dollar (USD) rises on safe haven in flows US Q4 GDP &amp; Jobless claims in focus The US Dollar Pakistan Rupee (USD\/PKR) exchange rate is advancing on Thursday paring losses from previous session. The pair settled -0.3% at 160.10 after [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":82921,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1863,1381],"tags":[1864,1398,1866],"class_list":{"0":"post-108080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pkr","8":"category-usd","9":"tag-pkr","10":"tag-usd","11":"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: ADB Approve Lending Plan, US Q4 GDP In Focus - 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\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/\" \/>\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\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus\",\"datePublished\":\"2021-01-28T11:24:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/\"},\"wordCount\":331,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/us-dollar-vs-pakistani-rupee.jpg\",\"keywords\":[\"pkr\",\"usd\",\"usd\\\/pkr\"],\"articleSection\":[\"PKR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/\",\"name\":\"USD\\\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/us-dollar-vs-pakistani-rupee.jpg\",\"datePublished\":\"2021-01-28T11:24:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/us-dollar-vs-pakistani-rupee.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/us-dollar-vs-pakistani-rupee.jpg\",\"width\":1200,\"height\":675,\"caption\":\"pakistani rupee bank notes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus\"}]},{\"@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: ADB Approve Lending Plan, US Q4 GDP In Focus - 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\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"USD\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus","datePublished":"2021-01-28T11:24:45+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/"},"wordCount":331,"image":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/us-dollar-vs-pakistani-rupee.jpg","keywords":["pkr","usd","usd\/pkr"],"articleSection":["PKR","USD"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/","url":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/","name":"USD\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/us-dollar-vs-pakistani-rupee.jpg","datePublished":"2021-01-28T11:24:45+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/us-dollar-vs-pakistani-rupee.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/us-dollar-vs-pakistani-rupee.jpg","width":1200,"height":675,"caption":"pakistani rupee bank notes"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/105317-usd-pkr-adb-approve-lending-plan-us-q4-gdp-in-focus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/PKR: ADB Approve Lending Plan, US Q4 GDP In Focus"}]},{"@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\/us-dollar-vs-pakistani-rupee.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108080","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=108080"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108080\/revisions"}],"predecessor-version":[{"id":108081,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108080\/revisions\/108081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/82921"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=108080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=108080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=108080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}