===================================================================
SATURDAY PREVIOUS
===================================================================
Floating Interbank Rate (Rs/$) 58.43/58.45 58.39/58.41
Rupee/US $ (kerb market) 58.70/58.75 58.70/58.75
Karachi 100-share index 5,289.92 5,303.56
Gold (Karachi) Rs/10 gm 7,470 7,457
Silver 999 (Rs/kg) 11,570 11,570
-------------------------------------------------------------------
CENTRAL BANK AUCTIONS
-------------------------------------------------------------------
Treasury Bills Auction Results:
-------------------------------------------------------------------
Cut-off Yield (pct) at auction on: July 7 June 8
-------------------------------------------------------------------
Three-months bills 2.0519 Bids Rejected
12-months bills 2.6979 Bids Rejected
-------------------------------------------------------------------
July 21 June 23
-------------------------------------------------------------------
Six-month bills 2.5797 Bids Rejected
-------------------------------------------------------------------
Pakistan Investment Bond (PIB) Auction Results:
-------------------------------------------------------------------
Cut-off Yield (pct) at auction on: May 28 Apr 28
-------------------------------------------------------------------
Six pct coupon, three-Year PIB 4.35 3.77
Seven pct coupon, five-Year PIB 5.35 4.90
Eight pct coupon, 10-Year PIB 7.36 6.49
-------------------------------------------------------------------
June 9 Jan 19
-------------------------------------------------------------------
Nine pct coupon, 15-Year PIB 8.99 7.80
10 pct coupon, 20-Year PIB 9.99 8.80
-------------------------------------------------------------------
WEEKLY INDICATORS
-------------------------------------------------------------------
Week ending July 24 July 17
-------------------------------------------------------------------
Total liquid Forex reserves $12.192 bln $12.143 bln
Forex held by central bank $10.313 bln $10.295 bln
Forex held by other banks $1.879 bln $1.848 bln
-------------------------------------------------------------------
MONTHLY INDICATORS
-------------------------------------------------------------------
LAST PVS
-------------------------------------------------------------------
Consumer price index
Change mth/mth (pct) Jun 1.12 0.69
Change Yr/Yr (pct) Jun 8.45 N/A
Wholesale price index
Change mth/mth (pct) Jun 0.59 0.98
Change Yr/Yr (pct) Jun 12.77 N/A
Trade Balance (FBS) Jun $-534.03 mln $111.82 mln
Exports (FBS) Jun $1,209 bln $1.264 bln
Imports (FBS) Jun $1.743 bln $1.153 bln
-------------------------------------------------------------------
ANNUAL INDICATORS
-------------------------------------------------------------------
FISCAL YEAR 2003/04 2002/03
-------------------------------------------------------------------
Population (millions) 148.72 145.96
Per capita income (market prices) $412 $429
External debt (medium & long term) $36.2 bln $36.011 bln
F Debt service as pct to export earning N/A 28.8
Domestic debt (billion rupees) 2028.4 1,879.2
Total domestic debt as pct of GDP 37.2 39.0
Gross domestic product growth 6.4 pct 5.1 pct
Average consumer price inflation 4.57 pct 3.10 pct
Fiscal deficit (pct of GDP) 3.9 4.6
Trade balance (FBS July-June) -$3.20 bln -$1.06 bln
Exports $12.27 bln $11.16 bln
Imports $15.47 bln $12.22 bln
Current A/c balance **$1.84 bln $5.256 bln
Manufacturing sector growth 13.4 pct 6.9 pct
Services sector growth 5.2 pct 5.3 pct
Agricultural sector growth 2.6 pct 4.7 pct
===================================================================
-- Revised
-- Provisional
SBP - State Bank of Pakistan
FBS - Federal Bureau of Statistics
N/A - Not available