Business & Economy

Miftah holds Imran Khan responsible for present economic scenario

Finance Minister Miftah Ismail has held the former prime minister Imran Khan-led government responsible for the...

Published 13 May, 2022 10:45pm

Business & Economy

MoF’s monthly outlook: High inflation could dampen Pakistan's growth prospects

Ministry says supply chain issues and surging international commodity prices are driving both international and domestic inflation

Updated 29 Apr, 2022 05:30pm

Business & Economy

IMF says Pakistan needs to reduce its current account deficit

Fund official says team will assess policy priorities of the new government and economic impact in the context of the war in Ukraine

Updated 27 Apr, 2022 06:26pm

Business & Economy

IMF mission expected to visit Islamabad in May after Miftah holds 'productive meetings'

Both sides agree that prompt action is needed to reverse unfunded subsidies that have slowed discussions
IMF says Pakistan has also requested to extend the EFF arrangement through June 2023

Updated 25 Apr, 2022 02:19am

Business & Economy

In Washington, Miftah says Pakistan will aim for inclusive, sustainable growth

Finance minister is currently in the US to hold talks on the IMF programme

Updated 23 Apr, 2022 07:22pm

Forex

Pakistan's current account deficit clocks in at $1.03bn in March

Increases massive 179% on a year-on-year basis, 98% on a monthly basis
9MFY22 CAD amounts to $13.17bn

Updated 23 Apr, 2022 07:23pm

Business & Economy

Attracting US investment govt's top priority: Miftah Ismail

Says government focused on creating a business-friendly environment

Updated 23 Apr, 2022 05:16pm

Business & Economy

Pakistan says willing to curb fuel subsidies as discussion with IMF underway

Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain

Updated 23 Apr, 2022 05:15pm

Business & Economy

Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin

Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy

Published 20 Apr, 2022 05:55pm

Business & Economy

Bank employees stage protest outside SBP, urge govt to take back longer working hours

SBP has recently notified a six-day working week, and longer work-day

Updated 15 Apr, 2022 05:48pm

Business & Economy

Rupee-dollar value can be stable with right economic direction: Ishaq Dar

Former finance minister, in interview with Aaj News, says letting the dollar 'free' has been the 'mother of all evils'

Updated 14 Apr, 2022 09:03am

Business & Economy

Miftah Ismail likely to be named finance chief: report

Prime Minister Shehbaz Sharif may name Ismail, a former finance minister, along with the rest of the cabinet within 24 hours

Updated 13 Apr, 2022 11:02pm

Business & Economy

N-power plants set up by China face financial problems

ISLAMABAD: Financial woes of country’s nuclear power plants, established by China, are not different from other...

Updated 13 Apr, 2022 02:53pm

Business & Economy

Emergency basis: PM Shehbaz seeks proposals on economy from experts

Summit will be held in coming days to discuss suggestions of economic experts

Updated 12 Apr, 2022 05:31pm

Business & Economy

SBP governor confident recent measures will help market sentiment

Says falling foreign exchange reserves concerning, but central bank has moved to arrest deterioration

Updated 09 Apr, 2022 07:43pm

Business & Economy

Experts identify key economic challenges amid political chaos

Pakistan is facing challenges on multiple fronts including rising inflation and depleting foreign exchange reserves

Updated 08 Apr, 2022 03:24pm

Business & Economy

Bond, currency markets under severe pressure

KARACHI: Pakistan's bond and currency markets have come under severe pressure amid rising political uncertainty in...

Updated 08 Apr, 2022 01:02pm

Business & Economy

Pakistan's growth rate to slow down to 4% in FY22: ADB

Report highlights economy will bear brunt of high oil prices due to the ongoing Russia-Ukraine conflict
Inflation rate expected to pick up to around 11% in FY2022

Updated 06 Apr, 2022 06:32pm

Business & Economy

Roshan Digital Account: inflows cross $3.9bn, NPCs attract over two-thirds of total

Roshan Digital Account (RDA), a banking solution for Non-Resident Pakistanis (NRPs), has fetched inflows amounting ...

Published 05 Apr, 2022 02:02pm

Business & Economy

Deal with IMF: PSDP faces grim prospect of major cut

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives (MoPD&SI) has finalised a reduction of...

Updated 05 Apr, 2022 12:47pm

Forex

Repayment of syndicated loan facility from China: SBP reserves fall massive $2.915 billion

SBP says rollover of this syndicated facility is being processed and expected shortly

Published 31 Mar, 2022 07:50pm

Business & Economy

Moody's sees no-confidence motion as 'credit negative' for Pakistan

Expects current account deficit to widen to 5-6% of GDP in fiscal 2022 compared with its previous forecast of 4%

Updated 31 Mar, 2022 03:39pm

Business & Economy

ECC approves indigenous gas supply to two SNGPL-based urea plants

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the proposal for the provision of...

Published 30 Mar, 2022 03:30pm

Business & Economy

Reopening of Khunjerab Pass to facilitate Pak-China trade, says Dawood

Development will facilitate second phase of the Pakistan-China Free Trade Agreement (FTA)

Updated 29 Mar, 2022 07:03pm

Business & Economy

MPCL commences first gas from Tipu compartment of 'Goru B' reservoir

Mari Petroleum Company Limited (MPCL), one of Pakistan’s largest integrated petroleum exploration and production...

Published 28 Mar, 2022 11:14am

Stocks

Weekly recap: KSE-100 gains 1.2%, but volumes remain low

The KSE-100 recorded a gain of 521.17 points or 1.21% on a week-on-week basis, but total weekly market volume went...

Published 26 Mar, 2022 07:05pm

Business & Economy

Govt approves 10% tax cut on edible oil import

Federal Minister for Finance and Revenue Shaukat Tarin has approved tax relief of 10% on the import of edible oil...

Published 25 Mar, 2022 04:01pm

Forex

SBP's foreign exchange reserves fall to lowest level in almost a year

Decrease $869mn on a weekly basis due to external debt and other payments, says central bank

Updated 24 Mar, 2022 09:28pm

Business & Economy

Pakistan Day at Expo 2020 Dubai: Ambassador stresses closer trade linkages with region

Afzaal Mahmood says aim is to reach new heights of cooperation in different fields

Published 24 Mar, 2022 05:50pm

Business & Economy

7th review: negotiations with IMF going as planned, says Ministry of Finance

Says there is consensus that all end-December agreed targets have been achieved

Updated 24 Mar, 2022 06:32pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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