News stories for Asad Rizvi - Business Recorder

Asad Rizvi

Opinion

Current SBP stance will help fuel growth

The State Bank of Pakistan (SBP) though its Monetary Policy Statement (MPS) has provided a clearer view to the...

Published 31 May, 2021 03:12am

Opinion

Any rate hike may add to people’s misery

State Bank of Pakistan (SBP) will soon be announcing its Monetary Policy Statement. No surprise is expected, in ...

Published 05 May, 2021 04:01am

Opinion

EAC members need to focus on the big picture

Finally, the prime minister has reconstituted the Economic Advisory Council (EAC). The body, however, mostly...

Published 06 Apr, 2021 04:23am

Opinion

The debate about SBP bill

The ongoing media debate on State Bank of Pakistan’s (SBP’s) autonomy lacks professional argument/ debate. Most...

Published 30 Mar, 2021 05:45am

Opinion

1pc cut in policy rate needed to fuel economy

In its January Monetary Policy Statement (MPS), State Bank of Pakistan (SBP) was very clear about inflation and...

Published 18 Mar, 2021 03:56am

Opinion

MPS — The challenges ahead

The Monetary Policy Committee (MPC) has kept the policy rate steady at 7 percent. The Monetary Policy Statement ...

Published 25 Jan, 2021 04:23am

Opinion

Amazing Bitcoin surge: questions answered

BITCOIN @ $36445; it’s mind boggling. I am still not sure why Bitcoin assets are skyrocketing. A more than 300%...

Published 19 Jan, 2021 04:22am

Opinion

2021: An optimistic outlook

Civil unrest, environmental challenges are some of the major global concerns. Coronavirus is another big challenge ...

Published 31 Dec, 2020 02:45am

Markets

PKR could be in corrective phase

On Aug 26 this year, in the interbank market (I/B), Rupee closed at 168.4353 (all-time SBP low close). Since then,...

Published 20 Nov, 2020 03:04am

Opinion

FATF should recognise Pakistan’s effort

In my August 15 analysis that appeared in Business Recorder “FATF: Keep your fingers crossed”, this writer said...

Published 26 Oct, 2020 02:52am

Markets

FATF: Keep your fingers crossed

Market is waiting for the next direction. FATF announcement due around the 3rd week of this month will provide...

Published 15 Oct, 2020 03:10am

Markets

Govt can’t afford to be complacent about economy

At a very difficult time, State Bank of Pakistan (SBP) took unprecedented steps to help minimize the impact of...

Published 28 Sep, 2020 03:07am

Markets

There's need for slashing policy rate & removing floor

The State Bank of Pakistan (SBP) will be announcing Monetary Policy (MP) today. All such announcements are ...

Updated 21 Sep, 2020 07:04pm

Markets

Roshan Digital Account - an overview

ARTICLE: State Bank of Pakistan has taken yet another good initiative by launching Roshan Digital Account (RDA) in...

Published 14 Sep, 2020 02:36am

Markets

What's actually behind record remittances?

ARTICLE: This writer has have been receiving plenty of queries whether the cause of record high remittances to...

Published 21 Aug, 2020 03:10am

Markets

PKR should be at 160 vs USD

ARTICLE: Despite tough conditions at home and abroad, the economy did manage to impress Moody's Investors Service,...

Published 10 Aug, 2020 02:51am

Markets

Gold still in bullish mode

TEXT: An eleven percent surge in gold prices in June is the biggest monthly gain in eight years. After hitting a...

Published 04 Aug, 2020 02:47am

Markets

Widen SBP interest rate corridor by 350bps

Finally, the Monetary Policy Committee (MPC) has decided that it will not be having its regular meeting in July. In...

Published 27 Jul, 2020 02:50am

Markets

Workers' remittances to remain high

ARTICLE: The World Bank's estimates that $ 109 billion will be wiped out due to Covid-19, which is almost 1/5th ...

Published 18 Jul, 2020 02:47am

Markets

Challenges to PM's housing initiative

ARTICLE: The government-sponsored housing programmes/projects on easy terms with low interest rates are a good...

Published 14 Jul, 2020 02:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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