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Andrew Bailey

Sterling dips, remains within recent range

Published 01 Jun, 2026 04:28am

LONDON: The British pound edged lower against the dollar on Friday as uncertainty over a possible US-Iran peace deal...

Sterling steady at 10-week high

Published 04 May, 2026 05:20am

LONDON: British pound held near a 10-week high against the dollar on Friday as traders digested a week of central...

Bank of England hold rate steady, signals possible hikes

Published 30 Apr, 2026 10:51pm

LONDON: The Bank of England on Thursday left its benchmark interest rate unchanged at 3.75 percent, but signalled...

European shares snap three-day losing streak

Published 17 Mar, 2026 05:57am

FRANKFURT: European shares rebounded after an early wobble on Monday as oil prices eased, offering some relief to...

BoE’s Bailey hopes for less bond market volatility driven by US tariffs

Published 18 Feb, 2025 04:42pm

Bank of England Governor Andrew Bailey said on Tuesday he wanted to see less volatility in medium and longer-dated...

Bank of England’s Bailey says inflation is slowing, 2025 jump will not last

Published 17 Feb, 2025 04:19pm

LONDON: Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing...

Facing market pain, UK’s Reeves says ‘pragmatic’ China ties will help growth

Published 11 Jan, 2025 10:37am

BEIJING: British finance minister Rachel Reeves, facing criticism for travelling to China during financial market...

Bank of England to press on with digital currency in case banks fall short, Bailey says

Published 27 Oct, 2024 02:44am

WASHINGTON: The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to...

BoE’s Pill urges cautious approach to cutting interest rates

Published 04 Oct, 2024 02:03pm

LONDON: Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with...

BoE plans expanded repo facilities to avert money market crunch

Published 23 Jul, 2024 08:29am

LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as...

BoE’s Bailey says Sept CPI ‘not far off’ expectations

Published 20 Oct, 2023 12:30pm

LONDON: Bank of England Governor Andrew Bailey said inflation data for September, which failed to fall as most...

BoE hikes rate half-point as high inflation persists

Published 23 Jun, 2023 06:00am

LONDON: The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle...

BoE’s governor says rate-setters can put inflation before bank worries

Published 29 Mar, 2023 06:27am

LONDON: Bank of England Governor Andrew Bailey signalled on Monday that interest rate-setters would focus on ...

Bank of England’s Bailey says nothing decided on rates path

Published 01 Mar, 2023 03:30pm

LONDON: Bank of England Governor Andrew Bailey said on Wednesday that nothing had been decided in terms of whether...

UK skirts recession with zero fourth-quarter growth

Published 13 Feb, 2023 05:57am

LONDON: Britain’s economy avoided recession after flatlining in the last three months of 2022, but finance ...

BoE and Treasury think UK is 'likely' to need digital currency

Published 05 Feb, 2023 12:22am

LONDON: The Bank of England (BoE) and Britain's finance ministry think the UK is likely to need to create a central...

BoE hints rates near peak after 10th hike

Published 03 Feb, 2023 06:17am

LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised...

BoE’s Bailey sees more optimism about inflation falling

Published 19 Jan, 2023 06:14pm

LONDON: Bank of England Governor Andrew Bailey said there was now more optimism about the prospects for inflation...

UK finance minister Hunt tells Bailey he reaffirms BoE independence

Published 26 Oct, 2022 12:37pm

LONDON: British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed...

UK finance minister Hunt vows to win back financial market trust

Published 16 Oct, 2022 11:20pm

LONDON: New finance minister Jeremy Hunt promised to win back Britain's economic credibility by fully accounting for...

BoE’s Bailey has ‘meeting of minds’ with Hunt on fixing UK crisis

Published 16 Oct, 2022 03:53am

WASHINGTON: Bank of England Governor Andrew Bailey said there was an “immediate meeting of minds” when he spoke...

UK borrowing costs hit 20-year high as BoE sticks by bond deadline

Published 13 Oct, 2022 05:59am

LONDON: British government borrowing costs surged again on Wednesday after Bank of England Governor Andrew Bailey...

BoE defends itself against planned Truss review

Published 08 Sep, 2022 05:43am

LONDON: The Bank of England on Wednesday defended itself against accusations of being too slow to tackle sky-high...

New UK leader Liz Truss finalizes huge power subsidy plan

Published 07 Sep, 2022 11:55pm

LONDON: Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring...

Sterling rises 0.5pc

Published 26 Aug, 2022 05:35am

LONDON: Sterling recouped some losses against the dollar on Thursday but was still languishing near a 2-1/2 year low...

Bank of England raises rates by most since 1995 even as long recession looms

Published 04 Aug, 2022 06:56pm

LONDON: The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long...

UK inflation hits 9.4%, bolstering bets on big BoE rate hike

Published 20 Jul, 2022 11:30pm

LONDON: Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, ...

BoE may reduce gilts by 50-100bn pounds over a year: Bailey

Published 20 Jul, 2022 05:48am

LONDON: Bank of England Governor Andrew Bailey said the central bank was considering reducing its British government...

FTSE 100 retreats

Published 30 Jun, 2022 06:07am

LONDON: Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing...

Bank of England may not need to act forcefully, says Bailey

Published 30 Jun, 2022 06:07am

SINTRA, (Portugal): The Bank of England will not necessarily have to act “forcefully” to get inflation under...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.72 ▲ 9.79 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.95 ▲ 2.54 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.25 ▼ -16.69 (-10%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.81 ▼ -1.2 (-9.99%)
Nadeem Tex. / Jul 17 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Azgard Nine (Non-Voti) / Jul 17 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.78 (-9.38%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,536,542 ▼ -1.23
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,404,498 ▼ -0.3
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,314,007 ▼ -0.39
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,439,447 ▼ -0.13
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,367,016 ▲ 0.47

Andrew Bailey

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