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Money & Banking

Indian rupee ends nearly flat

MUMBAI: The Indian rupee closed nearly flat on Tuesday as a fall in local equities and dollar bids from state-run...

Published 14 May, 2025 05:56am

Money & Banking

Asian currencies gain in first reaction to Sino-US trade deal

BENGALURU: Southeast Asian equity markets gained on Tuesday, while regional currencies benefited from a faltering US...

Published 14 May, 2025 05:56am

Money & Banking

Dollar eases after CPI data

NEW YORK: The dollar retreated on Tuesday, pulling back from sharp gains in the prior session after a reading on...

Published 14 May, 2025 05:56am

Money & Banking

Uganda central bank holds lending rate for third time in a row

KAMPALA: Uganda’s central bank maintained its key lending rate at 9.75% for the third monetary policy meeting in a...

Published 13 May, 2025 04:54pm

Money & Banking

China’s yuan strengthens

SHANGHAI: The yuan strengthened on Monday despite dollar’s rebound, reflecting market optimism after the US and...

Published 13 May, 2025 06:15am

Money & Banking

Sterling falls against dollar

LONDON: The pound slumped against a stronger dollar on Monday but firmed against the euro and yen as the United...

Published 13 May, 2025 06:15am

Money & Banking

Dollar jumps after US, China reach trade deal

NEW YORK: The dollar surged on Monday as the United States and China reached a deal to temporarily cut reciprocal...

Published 13 May, 2025 06:15am

Money & Banking

JPMorgan lifts China growth forecasts after ‘surprisingly positive’ US deal

LONDON: Investment bank JPMorgan lifted its forecasts for China’s economic growth on Monday following what it called...

Published 12 May, 2025 06:51pm

Money & Banking

BoE’s Greene says price pressures still too high, inflation expectations rising

LONDON: Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were...

Published 12 May, 2025 05:50pm

Money & Banking

Turkish central bank gross reserves rose $6bn, reversing weeks of drops

ANKARA: Turkiye’s central bank returned to being a buyer of foreign currency last week, lifting its gross reserves...

Published 12 May, 2025 05:29pm

Money & Banking

Awaiting US cash, EBRD gives funders till end of the year to pay up

LONDON: The European Bank of Reconstruction and Development has extended the deadline for its shareholders to...

Published 13 May, 2025 06:15am

Money & Banking

China’s yuan slips against dollar

SHANGHAI: China’s yuan slipped against the dollar on Friday, as investors cautiously looked towards key tariff...

Published 12 May, 2025 05:51am

Money & Banking

Sterling claws higher after US/UK trade deal

LONDON: The pound rose on Friday, following the announcement of a “breakthrough” trade deal between Britain and...

Published 12 May, 2025 05:51am

Money & Banking

Canadian dollar falls against the greenback

TORONTO: The Canadian dollar weakened to a three-week low against its US counterpart on Friday as signs that trade...

Published 12 May, 2025 05:51am

Money & Banking

China’s central bank to spur financing support for consumption, trade

BEIJING: China’s central bank said on Friday it will spur financial institutions to expand support for consumption...

Published 09 May, 2025 05:34pm

Currency

India’s forex reserves drop $2 billion, snap 8-week streak of gains

MUMBAI: India’s foreign exchange reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an...

Published 09 May, 2025 04:58pm

Money & Banking

State Bank of India to sell $1 billion stake in Yes Bank to Japan’s SMBC

MUMBAI: State Bank of India will divest a 13.19% stake in private lender Yes Bank to Japan’s Sumitomo Mitsui Banking...

Published 09 May, 2025 04:51pm

Money & Banking

After currency turmoil, Taiwan’s central bank warns banks to follow forex rules

TAIPEI: Taiwan’s central bank said on Friday that banks should follow foreign exchange settlement rules, after the...

Published 09 May, 2025 04:40pm

Money & Banking

Pakistan’s remittances hit $3.2bn in April, fall 22% MoM

Saudi Arabia remains Pakistan's top source of remittance inflows

Updated 09 May, 2025 10:51pm

Money & Banking

Dollar buoyed by US-UK trade deal

NEW YORK: The US dollar gained against the safe-haven yen and Swiss franc on Thursday with market nerves calmed by...

Published 09 May, 2025 06:02am

Money & Banking

Asian currencies: Ringgit holds losses

BENGALURU: The Malaysian ringgit held on to losses on Thursday after the country’s central bank kept interest ...

Published 09 May, 2025 06:02am

Money & Banking

ICMAP proposes four-pillar crypto adoption framework and CBDC launch plan

KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP), through its Research and Publications...

Published 09 May, 2025 06:02am

Forex

SBP-held foreign exchange reserves increase $118mn to $10.33bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $118 million on a weekly basis,...

Published 08 May, 2025 07:43pm

Money & Banking

BoE cuts rates to 4.25% as it sees tariff hit to growth

LONDON: The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an...

Published 08 May, 2025 05:38pm

Money & Banking

Dollar higher against yen, euro

NEW YORK: The US dollar edged higher against the yen and the euro on Wednesday as traders awaited the outcome of the...

Published 08 May, 2025 06:21am

Money & Banking

Asian currencies rally on US-China trade hopes

BENGALURU: Asian shares rose and regional currencies rebounded on Wednesday, lifted by hopes that an upcoming...

Published 08 May, 2025 06:21am

Money & Banking

Dollar trades lower, euro gains

NEW YORK: The US dollar traded lower against major currencies including the yen on Tuesday amid market jitters over...

Published 07 May, 2025 06:06am

Money & Banking

Most Asian currencies weaker

BENGALURU: Most Asian currencies weakened on Tuesday with Taiwan’s dollar retreating from three-year highs after...

Published 07 May, 2025 06:06am

Money & Banking

Indian rupee’s rally to stall by end of July, weaker times ahead

BENGALURU: The Indian rupee will give up nearly all of its year-to-date gains against the dollar by the end of July...

Published 06 May, 2025 11:01pm

Money & Banking

UBS agrees private credit tie-up with General Atlantic

LONDON: Swiss lender UBS Group and U.S. investment firm General Atlantic have agreed to make a joint push into the...

Published 06 May, 2025 06:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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