Sterling has traded largely in line with global risk sentiment in financial markets in recent weeks, tracking the direction of world stock markets higher or lower.
World Bank working on a number of projects in Pakistan and also interested in providing full support to social security projects, says its senior official
The 4.6% gross domestic product growth forecast for this year is closer to the market consensus of 5.0% in the central bank's latest weekly 'FOCUS' survey of around 100 economists.
Inflation is now seen averaging 1.9% this year, above the 1.5% projected in March, while in 2022 it is seen at 1.5%, against an earlier projection for 1.2%.
The dollar came under pressure more broadly on Monday as traders assessed the impact of a surge in U.S. inflation before monthly jobs data later this week.
The main indexes are now hovering near all-time best highs seen earlier in May, with a strong local earnings complimented by dissipating concerns on inflation.