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CBDC

IMF chief urges more proactive push for central bank digital currencies

LONDON: The head of the International Monetary Fund has urged countries to make a more proactive push to develop...

Published 16 Nov, 2023 05:39am

Raast platform: SBP set to launch ‘P2M’ payment system

KARACHI: The State Bank of Pakistan (SBP) is all set to launch the person-to-merchant (P2M) online payment system on...

Updated 27 Sep, 2023 10:40am

Markets

BOJ to launch pilot programme in April for issuing digital yen

TOKYO: The Bank of Japan (BOJ) said on Friday it has decided to launch a pilot programme in April for issuing a...

Published 17 Feb, 2023 10:07am

Supplements

Where you need trust, you need PKI

TEXT: Imran Ashraf is helping companies to leverage the power of PKI and blockchain. His area of intrest is CBDC,...

Published 07 Dec, 2022 06:30am

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Business & Finance

China’s digital yuan stands out in cross-border pilot

HONG KONG/ SHANGHAI: China’s digital yuan took the centre stage in the world’s largest cross-border central bank...

Published 28 Oct, 2022 05:58am

Markets

SWIFT sets out blueprint for central bank digital currency network

LONDON: Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency ...

Published 05 Oct, 2022 08:06pm

Business & Finance

20 applications received for licences of digital banks: Sima Kamil

KARACHI: As many as 20 entities (both local and foreign) have applied for the licenses of digital banks under the...

Published 17 Jun, 2022 08:20am

Govt seeks $21bn support from China

Requests rollover of existing loans of $ 10.735 billion and $ 10 billion as deposit fund

Updated 08 Mar, 2022 06:43pm

Opinion

A digital dollar is years away as Fed kicks issue to Congress

While the Federal Reserve’s paper on potentially adopting a central bank digital currency (CBDC) will advance...

Published 25 Jan, 2022 05:03am

Fed says central bank digital dollar could offer benefits

WASHINGTON: An official US digital currency could offer potential benefits to American consumers and businesses, but...

Published 22 Jan, 2022 05:46am

Markets

Thai central bank to test retail digital currency later than planned

BANGKOK: Thailand's central bank said on Friday it expects to test its retail central bank digital currency (CBDC)...

Published 24 Dec, 2021 02:30pm

Technology

Japan keen to speed up digital yen launch as China adds geopolitical twist

TOKYO: Japan's new political leadership is calling on the country's financial bureaucrats to ramp up efforts toward...

Published 01 Dec, 2021 12:11pm

Business & Finance

China will advance development of eCNY

BEIJING: China will continue to advance the development of its central bank digital currency and improve its design...

Published 10 Nov, 2021 05:47am

Technology

G7 finance leaders lay out guidelines for central bank digital currencies

Group of Seven advanced economies said on Wednesday that any digital currency issued by a central bank must "support...

Published 14 Oct, 2021 12:17pm

Business & Finance

French and Swiss central banks to trial wholesale digital currencies

The experiment will focus on the bank-to-bank 'wholesale' lending market rather than everyday public transactions but will be the first time a digital euro and Swiss franc have been fully tested.
The eurozone is adapting to a "strong trend" towards the digitalisation of payments," said Bank of France Deputy Governor Sylvie Goulard.

Published 10 Jun, 2021 05:58pm

Business & Finance

Bank Indonesia joins global push for digital currencies

JAKARTA: Indonesia’s central bank is planning to launch a digital rupiah currency and is assessing which platform...

Published 31 May, 2021 03:12am

Business & Finance

Digital Dollar Project to launch five US central bank digital currency pilots

A partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Project was created last year to promote research into a US central bank digital currency (CBDC).
CBDCs are the digital equivalent of banknotes and coins, giving holders a direct digital claim on the central bank and allowing them to make instant electronic payments.

Published 03 May, 2021 04:58pm

World

'Britcoin' not bitcoin? UK considers new digital currency

UK creates BoE-Treasury taskforce to look at 'digital pound'.
Sunak focused on boosting London's competitiveness after Brexit.
Britain will lift curbs on who can trade shares in London.
Britain will ease limit on off-exchange share trading.

Published 19 Apr, 2021 04:27pm

Business & Finance

BoJ sees scope to set common rules on CBDCs with major central banks

TOKYO: A group of the world’s seven major central banks has scope to set common rules and platforms for their own...

Updated 12 Apr, 2021 09:15am

Business & Finance

BoJ kicks off experiments on issuing digital currency

TOKYO: The Bank of Japan (BoJ) began experiments on Monday to study the feasibility of issuing its own digital...

Published 06 Apr, 2021 04:23am

Markets

Japan's central bank kicks off experiments on issuing digital currency

If necessary, the central bank will launch a pilot programme that involves payment service providers and end users, BOJ Executive Director Shinichi Uchida said last month.

Published 05 Apr, 2021 12:05pm

Markets

BOJ must prepare 'thoroughly' on digital currency, says Kuroda

While the BOJ currently has no plan to issue CBDC, central banks must not wait idly until the need to roll out its own digital currency arises, he told a seminar.

Published 16 Mar, 2021 12:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Cotton US¢/pound / Apr 23	82.37
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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