Trends - Bank of England - Business Recorder

Bank of England

Lawmakers criticise Bank of England inflation forecast

LONDON: Members of the House of Lords, Britain’s upper chamber of parliament, demanded Monday that the Bank of...

Published 27 Nov, 2023 07:49pm

Business & Finance

BoE’s Bailey says getting inflation to 2% will be ‘hard work’

LONDON: Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be...

Published 27 Nov, 2023 01:10pm

Business & Finance

BoE’s Greene says latest data good news for UK inflation outlook

LONDON: Bank of England rate-setter Megan Greene said on Thursday that this week’s inflation and jobs data were...

Published 16 Nov, 2023 02:51pm

Business & Finance

UK inflation falls sharply, relieving pressure on PM Sunak

LONDON: UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and...

Published 15 Nov, 2023 01:35pm

Markets

Real estate stocks lead European shares to biggest weekly gain

PARIS: Europe’s benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by...

Published 04 Nov, 2023 06:00am

Markets

Oil prices rise after Fed, BoE keep rates unchanged

BENGALURU: Oil prices gained more than $2 a barrel on Thursday and were set to break a three-day declining streak as...

Published 03 Nov, 2023 06:11am

Business & Finance

Dollar retreats as risk appetite rises

NEW YORK: The US dollar weakened broadly on Thursday, as investors bet that the Federal Reserve is done raising...

Published 03 Nov, 2023 06:11am

Markets

Bank of England keep rates at 15-year high, rules out quick cuts to help economy

LONDON: The Bank of England held interest rates at a 15-year peak as it kept up its fight against the highest...

Updated 02 Nov, 2023 05:05pm

Markets

Wall St gains on megacap boost ahead of Fed verdict

NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of...

Published 31 Oct, 2023 05:26am

Business & Finance

Dollar slides ahead of central bank meetings

NEW YORK: The US dollar fell on Monday, dropping to a two-week low against the yen, as traders looked ahead to...

Published 31 Oct, 2023 05:26am

Markets

Dollar holds near 150 yen as central bank policy, data deluge awaited

SINGAPORE: The dollar inched broadly higher in cautious trade on Monday and held near 150 yen as traders looked to a...

Published 30 Oct, 2023 09:56am

Markets

Sterling weakens as soft data supports BoE rate view

LONDON: The British pound extended the previous day’s losses on Wednesday after gloomy economic data affirmed the...

Published 25 Oct, 2023 03:25pm

Markets

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

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

Published 20 Oct, 2023 12:30pm

Business & Finance

UK inflation rate unexpectedly holds at 6.7% in September

LONDON: British annual consumer price inflation (CPI) held at an 18-month low of 6.7% in September, bucking...

Published 18 Oct, 2023 12:31pm

World

UK opposition Labour says power ‘within our grasp’

LIVERPOOL: Britain’s main opposition Labour Party said at its annual conference on Monday that power was ...

Published 10 Oct, 2023 06:19am

Markets

Metro Bank shares gain after deal to bolster finances

LONDON: Shares in Metro Bank jumped in early trading on Monday, after the embattled British lender struck a...

Published 09 Oct, 2023 12:44pm

Markets

Sterling falls to 6-1/2-month low versus dollar

Sterling fell to a new 6-1/2-month low against the dollar on Tuesday on concerns about the economic outlook and...

Published 03 Oct, 2023 01:49pm

Markets

London stocks kick off Q4 lower as rising yields bite

LONDON: London stocks gave up early gains and closed lower on Monday as rising yields pushed equities down, while...

Published 03 Oct, 2023 06:02am

World

BoE's Mann warns inflation pressure higher than forecasts show

LONDON: Bank of England rate-setter Catherine Mann said on Monday that she thought the central bank's forecasts told...

Published 02 Oct, 2023 11:04pm

Markets

Sterling hits fresh six-month low against dollar as BoE seen done with hikes

LONDON: Sterling fell to a fresh six-month low against a strengthening dollar on Wednesday as markets are pricing in...

Published 27 Sep, 2023 06:11pm

Markets

Oil jumps 3% as steep US crude stockdraw adds to supply concerns

HOUSTON: Oil prices surged about 3% on Wednesday, after US crude stocks fell more than expected, adding to worries...

Updated 27 Sep, 2023 08:49pm

Markets

Sterling hits fresh multi-month lows on dollar and euro

LONDON: The pound dipped to its lowest in six months against the dollar and its weakest in four months against the...

Published 25 Sep, 2023 06:26pm

Business & Finance

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Business & Finance

Bank of England halts run of interest rate hikes as economy slows

LONDON: The Bank of England halted its long run of interest rate increases on Thursday as the British economy...

Published 21 Sep, 2023 05:48pm

Markets

Bank of England faces rate-hike dilemma

LONDON: The Bank of England is expected to raise its key interest rate for a 15th straight time Thursday but the...

Published 21 Sep, 2023 11:24am

Markets

Goldman Sachs expects BoE to hold rates on Thursday after lower CPI

LONDON: Goldman Sachs said on Wednesday it now expects the Bank of England to keep interest rates unchanged on...

Published 20 Sep, 2023 03:54pm

Markets

Bank of England’s Woods says in impairments among banks are rising

LONDON: Bank of England Deputy Governor Sam Woods said on Tuesday that impairments were rising among banks after...

Published 19 Sep, 2023 12:53pm

Markets

Asian currencies subdued ahead of a slew of central bank meetings

Asian currencies were subdued on Monday in a week packed with central bank meetings in Indonesia and the Philippines...

Published 18 Sep, 2023 09:56am

Markets

Bank of England readies what may be its final rate hike

LONDON: The Bank of England is likely to hike interest rates once again this week, possibly the last hurrah for one...

Published 17 Sep, 2023 12:49pm

Markets

Interest rate cliffhanger as ECB mulls hike or pause

FRANKFURT: Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation...

Published 14 Sep, 2023 11:19am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.00
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.00
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▲ 0.00
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.00
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.00
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.00
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	18,687,005 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

Calculate your monthly liability in FY24

Bank of England

Most Popular Articles