Pakistan Economic Indicators

Pakistan Economic Indicators - January 16, 2012.

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                                              FRIDAY        PREVIOUS

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Floating Interbank Rate (Rs/$)           90.28/90.32     90.10/90.15

Rupee/US$ (kerb market)                  91.20/91.50     91.20/90.50

Karachi 100-share index                    11,014.46       10,909.12

Gold (Karachi) Rs/10 gm                       48,000          48,428

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CENTRAL BANK AUCTIONS

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Treasury bill auction results:

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Cut-off yield (pct) at auction on             Jan 11          Dec 28

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Three-months bills                           11.7825         11.8283

Six-month bills                              11.8295      B/Rejected

12-month bills                               11.8894         11.9019

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Pakistan Investment Bond (PIB) auction results

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Cut-off yield (pct) at auction on             Dec 21          Nov 23

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11.25 percent coupon, three-year PIB         12.4531         12.2201

11.50 percent coupon, five-year PIB          12.6993      B/Rejected

11.75 percent coupon, seven-year PIB      B/Rejected      B/Rejected

12.00 percent coupon, 10-year PIB            12.6993         12.3217

12.50 percent coupon, 15-year PIB      No B/Received   No B/Received

13.00 percent coupon, 20-Year PIB      No B/Received   No B/Received

13.75 percent coupon, 30-year coupon   No B/Received   No B/Received

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WEEKLY INDICATORS

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Week ending                                    Jan 6          Dec 30

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Total liquid forex reserves              $16.901 bln      $16.92 bln

Forex held by central bank               $12.821 bln      $12.88 bln

Forex held by commercial banks            $4.080 bln       $4.04 bln

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MONTHLY INDICATORS

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                                                LAST             PVS

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Change mth/mth (pct) Dec                        0.70            0.29

Change yr/yr (pct) Dec                          9.75           10.19

Change mth/mth (pct) Dec                         1.3            0.53

Change yr/yr (pct) Dec                           N/A           11.10

Trade Balance Dec                         $-2.41 bln      $-2.17 bln

Exports Dec                                $1.85 bln       $1.55 bln

Imports Dec                                $4.26 bln       $3.72 bln

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ANNUAL INDICATORS

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FISCAL YEAR                                  2010/11         2009/10

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Population (millions)                        *177.18          173.51

Per capita income                              $1254           $1073

External debt (billion dlr)                  *$59.53          $55.90

Domestic debt (billion rupees)                *5,594           4,894

Gross domestic product growth               *2.4 pct         3.8 pct

Manufacturing sector growth                 *1.7 pct         4.9 pct

Services sector growth                      *4.1 pct         2.9 pct

Average consumer price inflation           *14.1 pct        11.5 pct

Fiscal deficit (pct of GDP)                  4.3 pct         6.3 pct

Trade balance (FBS July-June)            $-15.59 bln     $-15.42 bln

Exports                                   $24.83 bln      $19.29 bln

Imports                                   $40.41 bln      $34.71 bln

Current A/C balance                         $268 mln     $-3.456 bln

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