PKR/JPY Price & Performance (PKRJPY)

The Japanese Yen (JPY) has seen a modest increase against the Pakistani Rupee (PKR), with the current exchange rate at 1.8196 PKR per Yen. This marks a 0.71% rise compared to yesterday. Forecasts for the coming weeks indicate further fluctuations, with rates potentially reaching up to 1.883 PKR.1

The Karachi Stock Exchange's KSE 100 Index dropped by 0.2%, closing at 114,178. Despite this daily dip, the index has demonstrated resilience over the past year with a 73.6% increase. Market analysts attribute the short-term decline to profit-taking and global market uncertainties.2

Pakistan's liquid foreign exchange reserves have risen to $16.02 billion, reflecting an $87 million increase. The State Bank of Pakistan's reserves grew by $49 million, while commercial banks added $38 million. This uptick is seen as a positive signal for the country's financial stability.3