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IMF

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 27 Feb, 2021 04:29am

Editorials

‘Dangerous divergence’ warning again

EDITORIAL: For the second time in the same month the managing director of the International Monetary Fund (IMF),...

Published 27 Feb, 2021 04:29am

Revenue target revised downward to Rs4.7trn

ISLAMABAD: The revenue collection target of the Federal Board of Revenue (FBR) has been revised downward from...

Published 27 Feb, 2021 04:29am

World

France flags G20 consensus on tax reform, IMF SDRs, debt

Le Maire said talks on rewriting decades-old rules on cross-border taxation needed to wrap up by summer and that a new allocation of International Monetary Fund (IMF) special drawing rights, along with a new G20 framework to ease poor countries' debt, were needed.

Published 26 Feb, 2021 09:21pm

IMF MD warns Covid-19 leaving some states behind

WASHINGTON: Group of 20 countries should take strong policy actions to reverse a "dangerous divergence" that...

Published 25 Feb, 2021 04:58am

Editorials

Circular debt: PTI govt running around in circles

EDITORIAL: The government has informed the standing committee on finance that energy sector’s circular debt is...

Published 25 Feb, 2021 04:58am

World

IMF chief warns pandemic leaving some countries behind

She said that should include financing for vaccinations, reallocation of excess supply to countries with a shortage, and scaling up of production.

Published 24 Feb, 2021 09:22pm

World

IMF chief urges strong G20 action to reverse 'dangerous divergence' in global economy

She called for continued, targeted fiscal support by G20 governments to support economies, and said central banks should maintain accommodative monetary and financial policies to support flow of credit to households, and firms.

Published 24 Feb, 2021 07:23pm

Opinion

The same old tale told repetitively

We are back at the so-called ‘concessional’ window of the lender of the last resort. But then, the International...

Published 24 Feb, 2021 05:24am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 24 Feb, 2021 05:24am

Editorials

IMF prior conditions

EDITORIAL: No definite date has been set for the International Monetary Fund (IMF) Board approval of the staff-level...

Published 24 Feb, 2021 05:24am

Staff-level pact: IMF Board meeting yet to be scheduled

ISLAMABAD: The International Monetary Fund (IMF) Executive Board meeting is yet to be scheduled to consider the...

Updated 23 Feb, 2021 09:31am

Amendments in Nepra law: Govt facing stiff resistance from NA body

ISLAMABAD: The federal government is facing stiff resistance from the National Assembly Standing Committee on Power...

Updated 23 Feb, 2021 09:31am

World

IMF says COVID-19 might widen wealth differences in Europe

She said in the 27-nation EU, countries that are traditional tourist destinations, such as Spain, Greece, and Italy, contracted more than 9% in 2020 compared to an average contraction of 6.4% across the bloc.
According to IMF forecasts, by the end of 2022, per capita income for central and eastern Europe would be 3.8% below pre-crisis projections, compared with a shortfall of just 1.3% for advanced EU economies.

Updated 22 Feb, 2021 10:06pm

World

Ukraine leader 'confident' IMF will unblock aid in 2021

Zelensky said he was "confident" Ukraine will receive the funds by the end of 2021, but did not specify the amount of money he expected to get.

Published 22 Feb, 2021 07:35pm

Opinion

Good vs bad news on economic front

There is undoubtedly good news on the economic front on two counts notably the continued positive current account...

Published 22 Feb, 2021 04:25am

Pakistan

Sherpao asks govt to make public agreement with IMF

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday said the Pakistan Tehreek-e-Insaf...

Updated 21 Feb, 2021 10:22am

Business & Finance

World Bank, IMF to consider climate change in debt reduction talks

WASHINGTON: The World Bank is working with the International Monetary Fund (IMF) on ways to factor climate change...

Updated 21 Feb, 2021 10:20am

Editorials

Circular debt management

EDITORIAL: Now that a staff-level agreement has been reached between the government and the International Monetary...

Published 21 Feb, 2021 05:10am

Opinion

NAB’s generous approach to govt-IPPs deals

That the argument that country’s Independent Power Producers (IPPs) are having special rights, advantages, or...

Published 20 Feb, 2021 04:52am

Business & Finance

IMF dismisses inflation concerns of US stimulus plan

WASHINGTON: Fears that inflation could spiral out of control due to a massive US stimulus package are overblown, IMF...

Published 20 Feb, 2021 04:52am

Business & Finance

Indigenous resources generation: ICCI chief urges govt to focus on new policy reforms

ISLAMABAD: Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the...

Published 20 Feb, 2021 04:52am

BR Research

IMF review: out of ICU, still under close-watch

IMF programme is coming back in full swing. There is no surprise. The background discussions were ongoing ever since...

Published 19 Feb, 2021 07:25am

World

Nigeria's economy contracted 1.92pc in 2020 due to COVID-19 pandemic

Nigeria was grappling with low growth before the pandemic triggered recession and created large financing gaps including dollar shortages.
The World Bank had estimated a 4% contraction in 2020 while the IMF had forecast a 3.2% contraction.

Published 18 Feb, 2021 08:15pm

BR Research

Editorials

Staff-level IMF deal: statement needs clarity

EDITORIAL: The International Monetary Fund (IMF) has reached a staff-level agreement on the second to the fifth...

Published 18 Feb, 2021 04:08am

Pakistan

Pakistan-IMF agreement entails economic benefits for country: Finance Minister

Sheikh expressed the confidence that PTI will emerge victorious in the Senate elections.

Published 17 Feb, 2021 06:14pm

Business & Finance

IMF deal would attract foreign investment in Pakistan, says Shaikh

The finance minister was of the view that the latest agreement would make Pakistan an attractive destination for international investors and gobal capital markets.

Updated 17 Feb, 2021 04:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Gold 10 Grams PKR / May 28	206018
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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