Trends - commercial banks - Business Recorder

commercial banks

Jul-Jan: $6.134bn borrowed from multiple sources

ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from...

Updated 03 Mar, 2023 08:52am

Business & Finance

Forex reserves move up by $162m

KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ...

Updated 17 Feb, 2023 06:38am

Business & Finance

PIMEC 2023 at Expo Centre: NBP’s message of inclusivity, diversity lauded

KARACHI: The National Bank of Pakistan actively participated in the Pakistan International Maritime Exhibition and...

Published 13 Feb, 2023 06:51am

‘Rules’ allow banks to seek asset details of civil servants

ISLAMABAD: The “Sharing of Declaration of Assets of Civil Servants Rules, 2023” allows commercial banks to seek...

Updated 04 Feb, 2023 09:28am

Business & Finance

Forex reserves plunge by about $1bn

KARACHI: The crisis of foreign exchange reserves has further escalated as the country’s total liquid forex reserves...

Published 27 Jan, 2023 06:15am

Business & Finance

Soap manufacturers express concern over curbs on LCs

KARACHI: Pakistan Soap Manufacturers Association (PSMA) has expressed concern over the ongoing financial crisis, as...

Published 18 Jan, 2023 06:22am

Business & Finance

Dar says foreign exchange held with commercial banks property of citizens

Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks

Updated 12 Jan, 2023 12:22am

Foreign exchange reserves at almost 9-year low level

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level...

Updated 06 Jan, 2023 09:04am

External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY

ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from...

Updated 20 Dec, 2022 09:38am

Business & Finance

Forex reserves stand at $6.7bn

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the...

Published 16 Dec, 2022 07:31am

Forex reserves fall to $6.7bn on repayments

KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during...

Updated 09 Dec, 2022 09:22am

Vegetables: 400 containers stuck at seaport: PFVA

KARACHI: Over 400 containers of imported vegetables are stuck at seaport due to non-availability of foreign ...

Updated 07 Dec, 2022 09:50am

Markets

Perishables worth $5.5mn stuck at Karachi port 'owing to dollar shortage'

PFVA says 417 containers carrying vegetables i.e. onion, ginger and garlic worth approximately $5.5 million are stuck at the port

Updated 06 Dec, 2022 08:34pm

Forex reserves fall by $134m

KARACHI: The total liquid foreign exchange reserves held by State Bank of Pakistan (SBP) decreased by $134 million...

Updated 25 Nov, 2022 09:44am

Business & Finance

Forex reserves up by $75.2m

KARACHI: The country’s total liquid foreign exchange reserves rose by $ 75.2 million during last week. According ...

Updated 18 Nov, 2022 09:28am

Business & Finance

Dar in talks with Dubai banks

The commercial banks reposed their confidence in the current economic policies of the government and reiterated their continued support for Pakistan

Updated 13 Nov, 2022 09:41am

Violation of regulatory instructions: SBP imposes Rs290.363m penalty on six banks

KARACHI: The State Bank of Pakistan (SBP) has imposed financial penalty of Rs 290.363 million on 6 banks for...

Published 29 Oct, 2022 05:55am

Business & Finance

Forex reserves fall by $89m

KARACHI: The country’s liquid foreign exchange reserves fell by $89 million during last week. The total liquid...

Published 28 Oct, 2022 06:59am

SBP to complete probe soon into alleged FX manipulation

KARACHI: Central bank will soon complete an investigation into alleged manipulation by commercial banks of foreign...

Published 06 Oct, 2022 06:08am

Pakistan

SBP to soon complete probe into alleged forex manipulation by banks: spokesperson

Investigations are being carried out by the regulator and results might come soon, says Abid Qamar

Published 05 Oct, 2022 07:52pm

Business & Finance

Forex reserves fall by $247m

KARACHI: The country’s total liquid foreign exchange reserves declined by $247 million during the last week....

Published 23 Sep, 2022 06:15am

Business & Finance

Forex reserves fall by $156m

KARACHI: The country’s total liquid foreign exchange reserves dropped by $156 million during last week due to...

Published 16 Sep, 2022 06:40am

Pakistan

‘PM Flood Relief Fund’ established

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday appealed to everyone to donate...

Published 25 Aug, 2022 06:42am

Business & Finance

Debt servicing: Forex reserves fall by over $2bn in 5 weeks

Total liquid foreign exchange reserves plunge to $13.56 billion

Updated 12 Aug, 2022 10:31am

Business & Finance

FPCCI asks govt to appoint SBP governor ‘within 48 hours’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the appointment of a...

Published 22 Jul, 2022 06:07am

Opinion

Stop ‘subsidising’ banks and others

There are several indices that are used across the free world that rank individual countries on measures of economic...

Published 21 Jul, 2022 05:40am

Business & Finance

Lack of timely payments by banks: Importers facing demurrage & detention charges: FPCCI

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Muhammad Nadeem Qureshi...

Published 21 Jul, 2022 05:40am

Business & Finance

Trade finance availability: OMAP urges govt to ask banks to increase limit

LAHORE: Country’s oil sector on Wednesday demanded the government to direct banks for enhancing trade finance/LC...

Published 14 Jul, 2022 05:00am

Business & Finance

Forex reserves fall by $453m

KARACHI: The country’s total liquid foreign exchange reserves declined by $453 million to $ 15.742 billion at the...

Published 08 Jul, 2022 07:21am

Pakistan

Banking Mohtasib urged to reduce duration of complaints registration

PESHAWAR: Traders here on Tuesday urged the Federal Banking Mohtasib (Ombudsman) Pakistan to reduce the duration of...

Published 06 Jul, 2022 07:31am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▼ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▲ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▲ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▲ 0.00 (0.00%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,487,500 ▲ 0.00
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,071,860 ▲ 0.00
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▲ 0.00
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,792,084 ▲ 0.00
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,968,150 ▲ 0.00
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,558,000 ▲ 0.00
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,387,500 ▲ 0.00
Meezan Bank / Mar 23 Meezan Bank Limited(MEBL)	3,700,308 ▲ 0.00
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	3,587,106 ▲ 0.00
Maple Leaf Cement / Mar 23 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	131.39
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.23
Euro to USD / Mar 22	1.09
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 22	3936.97
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Nasdaq / Mar 22	11669.96
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7566.84
Dow Jones / Mar 22	32030.11
Germany DAX 30 / Mar 22	15216.19
France CAC40 / Mar 22	7131.12

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Crude Oil USD/Barrel / Mar 22	70.07
Gold 10 Grams PKR / Mar 22	175068
Gold Spot USD/Ounce / Mar 22	1968.27
Cotton US¢/pound / Mar 22	78.28

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