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COVID-19 TOTAL DAILY
CASES 288,047 747
DEATHS 6,162 9
Business Published 23 Sep, 2020 10:30am

Pakistan’s CAB turns into surplus for second consecutive month

  • SBP was of the view that efforts to attract workers’ remittances, flexible exchange rate and relatively benign import prices explain the improving current account balance.
Pakistan’s CAB turns into surplus for second consecutive month
Currency Rate
USD PKR Interbank Selling / Sep 23
166.25
USD PKR Interbank Buying / Sep 23
166.15
USD to Japanese Yen / Sep 23
104.93
USD to Swiss Franc / Sep 23
0.92
Pound Sterling to USD / Sep 23
1.27
Euro to USD / Sep 23
1.17
Stock Volume
S&P 500 / Sep 23
3317.49
India Sensex / Sep 23
37734.08
Tokyo Nikkei / Sep 23
23360.30
Nasdaq / Sep 23
10963.64
Hang Seng / Sep 23
23716.85
FTSE 100 / Sep 23
5829.46
Dow Jones / Sep 23
27288.18
Germany DAX 30 / Sep 23
12504.39
France CAC40 / Sep 23
4772.84
Indicator Value
Weekly Foreign Reserves / Sep 22
19959.00
GDPGROWTH / Sep 22
5.40
Foreign Debt / Sep 22
15087.50
Per Capita Income (CPI) / Sep 22
1516.00
Average CPI / Sep 22
11.11
UK LIBOR / Sep 23
0.08

Business

COVID-19 may wipeout Indian, Mexican and Brazilian economies, UNCTAD warns

COVID-19 may wipeout Indian, Mexican and Brazilian economies, UNCTAD warns

  • The developing world will be hit hard by the economic fallout as levels of informality are high in these regions.
  • The crisis may wipe over USD 6 trillion globally.
  • Any premature measures in the road to recovery may prompt a “double-dip recession a real possibility in many countries in 2022.”
Published 23 Sep, 2020 11:05am

Unannounced loadshedding hits Karachi again

  • KE is of the view that the issue is due to low gas pressure that has adversely hit its generation capacity, as various areas suffer from 8 to 12 hours of load shedding.
Published 23 Sep, 2020 10:38am
BR Research

Exporters’ energy woes

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shown its dismay and surprise on the...
Published 23 Sep, 2020 07:39am
Companies

Reliance says KKR to invest $755.1 million in retail arm

  • KKR's investment will translate to a 1.28% stake in Retail Ventures Ltd, according to Reliance. Reliance, controlled by Asia’s richest man Mukesh Ambani has been looking to expand rapidly online to take on the likes of Walmart Inc’s Flipkart and Amazon.com Inc’s Indian arm.
Published 23 Sep, 2020 09:57am

BR Research

BR Research
Global trade: Not okay

Global trade: Not okay

Globalization and international merchandise trade is down as predicted by relevant watchers—and all signs indicate...
Published 23 Sep, 2020 07:38am
BR Research

Coal burning out?

Coal prices have been falling over the past two years—recording their lowest in nearly five years after reaching a...
Published 23 Sep, 2020 07:36am

Pakistan

Covid-19 claims 6 more lives: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Coronavirus has claimed six more lives and infected... Published 23 Sep, 2020 02:48am

Latest

World

COVID-19 may wipeout Indian, Mexican and Brazilian economies, UNCTAD warns

  • The developing world will be hit hard by the economic fallout as levels of informality are high in these regions.
  • The crisis may wipe over USD 6 trillion globally.
  • Any premature measures in the road to recovery may prompt a “double-dip recession a real possibility in many countries in 2022.”
Published 23 Sep, 2020 11:05am

Lawyers’ moot

EDITORIAL: The conference on “Superior Judiciary, Accountability and Civil Liberties: Concerns and Corrections”...

Discount rate unchanged

EDITORIAL: The Monetary Policy Committee (MPC) decision to keep the policy rate unchanged at 7 percent has come as ...

United they stand

EDITORIAL: A multi-party conference (MPC) hosted by PPP Chairman Bilawal-Bhutto Zardari on Sunday proved to be more...

Tax directory

EDITORIAL: Advisor to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Sheikh launched the tax directory...

Peshawar BRT troubles

EDITORIAL: It almost beggars belief that four busses of the Peshawar Bus Rapid Transport (BRT) service have caught...

Save Sindh!

Save Sindh!
Sindh’s problems can only be resolved by carrying out deep rooted reforms which must include the accountability of those at the helm of affairs. Adhoc measures such as the announcement of relief packages cannot address Sindh’s issues on a long term basis in fact they can further aggravate the existing issues and not just that but the country’s fiscal problems can worsen.
AAJ PROGRAM SCHEDULE

AAJ PROGRAM SCHEDULE

Wednesday, September 23, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55... Published 23 Sep, 2020 02:48am