PRETORIA: South Africa's high unemployment rate is reflective of a rigid labour market, the central bank's Lesetja Kganyago said on Friday.
"The nature of unemployment in South Africa is emanating from the structural constraints that we are facing and there is pretty little that monetary policy could do to sustainably bring down unemployment," Kganyago, who will take over as central bank governor next week, told a conference in Pretoria.
"There are rigidities in our own labour market."
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ May 6
|
278.40
|
|
USD PKR Interbank Buying
/ May 6
|
278.20
|
|
USD to Japanese Yen
/ May 6
|
153.92
|
|
USD to Swiss Franc
/ May 6
|
0.91
|
|
Pound Sterling to USD
/ May 6
|
1.25
|
|
Euro to USD
/ May 6
|
1.08
|
| Stock | Volume |
|---|---|
|
S&P 500
/ May 3
|
5127.79
|
|
Tokyo Nikkei
/ May 3
|
38236.07
|
|
Nasdaq
/ May 3
|
16156.33
|
|
FTSE 100
/ May 3
|
8213.49
|
|
Dow Jones
/ May 3
|
38675.68
|
|
Germany DAX 30
/ May 3
|
18001.60
|
|
France CAC40
/ May 3
|
7957.57
|
|
India Sensex
/ May 6
|
74134.73
|
| Item | Value |
|---|---|
|
Karachi Cotton PKR/37.32 KG
/ May 3
|
20535
|
|
Gold 10 Grams PKR
/ May 3
|
205418
|
|
Petrol/Litre
/ May 6
|
288.49
|
|
Crude Oil USD/Barrel
/ May 6
|
78.37
|
|
Gold Spot USD/Ounce
/ May 6
|
2311.29
|
|
Diesel/Litre
/ May 6
|
281.96
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ May 6
786 Investments Limited(786)
|
5
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ May 6
Al-Abbas Sugar Mills Limited(AABS)
|
585
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ May 6
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ May 6
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ May 6
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▼ 0.00
(0.00%)
|
|
Allied Bank
/ May 6
Allied Bank Limited(ABL)
|
87.10
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ May 6
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ May 6
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ May 6
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ May 6
786 Investments Limited(786)
|
5
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ May 6
Al-Abbas Sugar Mills Limited(AABS)
|
585
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ May 6
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ May 6
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ May 6
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▲ 0.00
(0.00%)
|
|
Allied Bank
/ May 6
Allied Bank Limited(ABL)
|
87.10
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ May 6
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ May 6
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ May 6
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
P.I.A.C.(A)
/ May 6
Pakistan International Airlines Corp(PIAA)
|
47,200,500
▲ 0.00
|
|
Cnergyico PK
/ May 6
Cnergyico PK Limited(CNERGY)
|
29,719,327
▲ 0.00
|
|
Pak Petroleum
/ May 6
Pakistan Petroleum Limited(PPL)
|
21,170,581
▲ 0.00
|
|
Pak Refinery
/ May 6
Pakistan Refinery Limited(PRL)
|
16,965,134
▲ 0.00
|
|
The Searle Co.
/ May 6
The Searle Company Limited(SEARL)
|
15,793,227
▲ 0.00
|
|
P.T.C.L.
/ May 6
Pakistan Telecommunication Company Ltd(PTC)
|
15,054,641
▲ 0.00
|
|
K-Electric Ltd.
/ May 6
K-Electric Limited(KEL)
|
14,145,556
▲ 0.00
|
|
WorldCall Telecom
/ May 6
Worldcall Telecom Limited(WTL)
|
13,158,668
▲ 0.00
|
|
Telecard Limited
/ May 6
Telecard Limited(TELE)
|
12,358,668
▲ 0.00
|
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