Trends - current account - Business Recorder

current account

Pakistan’s current account posts surplus of $75mn in August 2024

Development comes on back of massive increase in remittance inflows

Published 18 Sep, 2024 04:03pm

Pakistan

Pakistan’s current account posts deficit of $162mn in July 2024

Deficit lower on a monthly basis, but 'higher than expectations due to wider trade deficit reported by SBP'

Updated 19 Aug, 2024 09:06pm

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

Markets

Majority expect reduction in key policy rate in upcoming MPC meeting, AHL survey finds

Brokerage house sees 100bps cut in meeting reportedly set to be held on July 29 (Monday)

Updated 22 Jul, 2024 10:56pm

BR Research

Current account FY24: historic but in a good way?

The current account posted the lowest deficit in thirteen years in FY24. The toll could have been a surplus if the...

Published 22 Jul, 2024 08:27am

BR Research

Current account roundup 11MFY24

The current account posted a deficit of $270 million in May 2024 after three straight months of surplus. The deficit...

Published 24 Jun, 2024 08:55am

Editorials

C/A surplus

EDITORIAL: The current account registered surplus for March 2024 of 619 million dollars against 537 million dollars...

Published 26 Apr, 2024 04:15am

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

BR Research

CA surplus – will it sustain?

The current account surprisingly posted a surplus of $619 million in March 24,which is the highest surplus since...

Updated 23 Apr, 2024 10:07am

Business & Finance

C/A posts 3rd highest monthly surplus in March

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Published 23 Apr, 2024 03:41am

Editorials

Balanced C/A by itself: no sustainable strategy

EDITORIAL: The current account (C/A) is one economic variable that is coming under control, no thanks to the economy...

Published 25 Mar, 2024 05:54am

BR Research

Current account roundup: 8MFY24

The practice of having near zero current account balance continues. In February 2024, the current account posted a...

Published 21 Mar, 2024 08:56am

Pakistan

Pakistan’s current account posts surplus of $128mn in February 2024

Overall balance stands at deficit of $1bn during 8MFY24 against $3.85bn in same period of FY23

Updated 19 Mar, 2024 09:56pm

Business & Finance

Malaysia’s current account surplus narrows to 253mn ringgit in Q4

KUALA LUMPUR: Malaysia’s current account surplus narrowed to 253.4 million ringgit ($53.05 million) in the fourth...

Published 16 Feb, 2024 10:27am

Markets

Pakistan’s current account posts surplus of $9mn in November

This is the first surplus since June 2023

Updated 18 Dec, 2023 05:35pm

BR Research

To cut or not to cut

The monetary policy committee is meeting today to largely deliberate on the policy rate. It is widely expected that...

Updated 12 Dec, 2023 11:16am

BR Research

Current account roundup: Aug 2023

The current account is coming back to manageable levels in August – departure from a sudden spike in the last month....

Published 18 Sep, 2023 08:58am

BR Research

Understanding credit side of inflation

The current tightening cycle, which began almost two years ago in Sep 2021 is showing no sign of abatement,...

Published 22 Aug, 2023 08:38am

Markets

Pakistan’s current account deficit clocks in at $809mn in July, highest since October 2022

Total imports stand at $5.03bn against $6.07bn in the same period of previous year

Updated 18 Aug, 2023 06:37pm

BR Research

MPC surprise

SBP has kept the interest rates unchanged at 22 percent. That was a surprise for a few, as the general expectations...

Published 01 Aug, 2023 08:29am

BR Research

Current account roundup FY23

The current account posted a surplus ($334 million for June 23) for the fourth consecutive month – the 2HFY23...

Published 19 Jul, 2023 08:12am

BR Research

CAD roundup: 11MFY23

The current account posted a surplus for the third consecutive month – last three months (March to May) surplus...

Published 21 Jun, 2023 09:50am

Pakistan

Macroeconomic conditions deteriorated during first half FY23: SBP

Central bank says adverse global economic conditions, uncertainty surrounding IMF programme are major concerns

Published 19 May, 2023 05:05pm

BR Research

Current account roundup: 10MFY23

The current account hung in balance in April 2023, and the deficit in 10MFY23 is down to one-fourth and stood at...

Published 18 May, 2023 08:47am

BR Research

9MFY23 fiscal accounts update

The fiscal deficit is ballooning out of control. Overall deficit is reported at Rs3.1 trillion (3.7 percent of GDP)...

Published 10 May, 2023 08:55am

BR Research

Unwelcome surplus

The current account posted a surprise surplus of $654 million in Mar-23 – highest monthly surplus in eight years....

Published 28 Apr, 2023 09:16am

Markets

Rupee gains momentum, settles at 283.47 against US dollar

Currency appreciates 0.15% in inter-bank market

Updated 20 Apr, 2023 07:20pm

Markets

KSE-100 closes with over 500-point gain as investors cheer current account surplus

Corporate results also help market sentiment that has been dented over delay in revival of IMF programme

Updated 20 Apr, 2023 02:59pm

Markets

Pakistan reports massive current account surplus of $654mn in March

This is the first surplus on a monthly basis since November 2020 when the pandemic brought global economy to a standstill

Updated 19 Apr, 2023 06:49pm

BR Research

Current account in forceful balance

The current account was almost hung in the balance last month. The outcome is not natural but forced through import...

Updated 21 Mar, 2023 11:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 18	278.10
USD PKR Interbank Buying / Sep 18	277.90
USD to Japanese Yen / Sep 18	141.35
USD to Swiss Franc / Sep 18	0.85
Pound Sterling to USD / Sep 18	1.32
Euro to USD / Sep 18	1.11

Stock	Volume
S&P 500 / Sep 16	5,633.09
Nasdaq / Sep 16	17,592.13
Dow Jones / Sep 16	41,622.08
India Sensex / Sep 18	83,243.51
Tokyo Nikkei / Sep 18	36,194.62
Hang Seng / Sep 18	17,660.02
FTSE 100 / Sep 18	8,272.52
Germany DAX 30 / Sep 18	18,716.28

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 16	18,935
Petrol/Litre / Sep 18	249.10
Crude Oil USD/Barrel / Sep 18	70.77
Gold 10 Grams PKR / Sep 18	229,510
Gold Spot USD/Ounce / Sep 18	2,566.05
Diesel/Litre / Sep 18	249.69

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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