Trends - current account - Business Recorder

current account

Saving the current account

Early signs of current account slippages are becoming visible. The deficit stood at $632 million in May 21, and the...

Updated 28 Jun, 2021 10:23am

World

US current account deficit rises to 14-year high in the first quarter

The Commerce Department said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, rose 11.8% to $195.7 billion last quarter.

Published 23 Jun, 2021 07:14pm

Opinion

In response to J.P. Morgan’s report

This is apropos a J.P. Morgan report carried by the newspaper on Friday. Although publishing reports is JP’s ...

Published 14 Jun, 2021 03:39am

BR Research

Growth perceptions

Why are businesses happy but consumers are not? Do businesses and consumers care about different things? Is the...

Updated 08 Jun, 2021 11:31am

Markets

Spain's March current account deficit at 0.16bn euros

In February the deficit was 1.71 billion euros, according to the central bank.

Published 31 May, 2021 02:01pm

BR Research

Monetary policy – on the cusp

No change. No surprise. Monetary Policy committee (MPC) has kept the policy rate unchanged at 7 percent. The ...

Published 31 May, 2021 07:30am

BR Research

Allied Bank: Smooth sailing

Allied Bank Limited (ABL) declared Rs2/share as interim dividend to go along the first quarterly financial results...

Published 28 Apr, 2021 07:40am

BR Research

Current account: will the march continue?

Another month of current account (almost) in balance. Based on PBS trade data, market had expected a deficit of over...

Published 26 Apr, 2021 07:25am

BR Research

Services to the rescue?

While the role of stellar remittance inflows has been roundly acknowledged in providing stability to the external...

Published 29 Mar, 2021 07:30am

BR Research

Current account bliss continues.

The current account almost hung in balance in Feb21 – with a meager deficit of $50 million. The eight month...

Updated 24 Mar, 2021 10:05am

BR Research

Supply and liquidity driving commodities

Volatility in the global commodities and markets is the name of the game in pandemic. The global commodity index...

Published 09 Mar, 2021 07:30am

BR Research

Currency – no excitement

The current account was in deficit in Dec-2020 after five straight months of surpluses. This coupled with SBP ...

Updated 27 Jan, 2021 10:38am

Business & Finance

Pakistan FX reserves rise to $20bn, Hammad briefs Senate

He said projects worth $1.7 billion are in the phase of implementation in Gwadar under the CPEC.

Published 22 Jan, 2021 11:11am

BR Research

Current account

The current account is finally in deficit after a surplus streak of 5 months. It stood at $662 million in December;...

Published 22 Jan, 2021 07:25am

Business & Finance

Experts concern over rise in Pakistan's import bill, as C/A surplus streak ends

The report was of the view that that the imports of goods are likely to increase higher then earlier expected as economic activity picks including rise in import of auto CKD/CBU, coal for cement, while pressure on account of import of machinery through TERF is also anticipated.

Published 21 Jan, 2021 12:29pm

Business & Finance

PM Year in Review 2020: CAD post surplus, FX reserves cross $13bn

The Foreign Exchange Reserves crossed $13 billion, the highest since February 2018.

Published 04 Jan, 2021 02:54pm

Business & Finance

Bukhari applauds Overseas Pakistanis as remittance boom continues

“Thanks to Overseas Pakistanis remittances boom continues too,” said Bukhari in a tweet post.

Published 23 Dec, 2020 11:40am

Pakistan

President appreciates efforts to overcome current account deficit

Dr. Alvi also retweeted a graph of State Bank of Pakistan showing the positive indicators along with his tweet.

Published 23 Dec, 2020 12:21am

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Jul 28 First Pak Modaraba(PAKMI)	5.29 ▲ 0.89 (20.23%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	3.47 ▲ 0.47 (15.67%)
Ist Paramount / Jul 28 First Paramount Modaraba(FPRM)	7.84 ▲ 1.00 (14.62%)
First Prud Mod. / Jul 28 First Prudential Modaraba(PMI)	3.40 ▲ 0.42 (14.09%)
Pervez Ahmed Cons. / Jul 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.77 ▲ 0.21 (13.46%)
First Fid. Leas. / Jul 28 First Fidelity Leasing Modaraba(FFLM)	3.35 ▲ 0.38 (12.79%)
Ghazi Fab. / Jul 28 Ghazi Fabrics International Limited(GFIL)	12.60 ▲ 1.00 (8.62%)
First Elite Cap. Mod. / Jul 28 First Elite Capital Modaraba(FECM)	3.79 ▲ 0.28 (7.98%)
AL-Noor Sugar / Jul 28 Al-Noor Sugar Mills Limited(ALNRS)	76.86 ▲ 5.36 (7.50%)
Masood Tex. / Jul 28 Masood Textile Mills Limited(MSOT)	61.94 ▲ 4.32 (7.50%)

Stock	Price
Dewan Tex. / Jul 28 Dewan Textile Mills Limited(DWTM)	3.08 ▲ -0.88 (-22.22%)
SME Leasing Ltd. / Jul 28 SME Leasing Limited(SLL)	3.26 ▲ -0.59 (-15.32%)
Shield Corp. / Jul 28 Shield Corporation Limited(SCL)	363.01 ▲ -29.19 (-7.44%)
Landmark Sp. / Jul 28 Landmark Spinning Industries Limited(LMSM)	23.35 ▲ -1.85 (-7.34%)
Ashfaq Textile / Jul 28 Ashfaq Textile Mills Limited(ASHT)	19.99 ▲ -1.57 (-7.28%)
Tandlianwala / Jul 28 Tandlianwala Sugar Mills Limited(TSML)	140.00 ▲ -10.70 (-7.10%)
Safe Mix / Jul 28 Safe Mix Concrete Limited(SMCPL)	10.01 ▲ -0.74 (-6.88%)
First Imrooz Mod. / Jul 28 First Imrooz Modaraba(FIMM)	157.10 ▲ -10.74 (-6.40%)
AL- Abbas / Jul 28 Al-Abbas Sugar Mills Limited(AABS)	329.00 ▲ -20.90 (-5.97%)
Orient Rental Mod / Jul 28 Orient Rental Modaraba(ORM)	7.35 ▲ -0.39 (-5.04%)

Stock	Volume
Worldcall / Jul 28 Worldcall Telecom Limited(WTL)	14,043,500 ▼ 0.00
Telecard Ltd. / Jul 28 Telecard Limited(TELE)	7,849,500 ▼ 0.00
Sui Northern / Jul 28 Sui Northern Gas Pipelines Limited(SNGP)	6,119,169 ▼ 0.00
Byco Petroleum / Jul 28 Byco Petroleum Pakistan Limited(BYCO)	6,074,000 ▼ 0.00
TPL Properties / Jul 28 TPL Properties Limited(TPLP)	6,021,000 ▼ 0.00
K-Electric Ltd / Jul 28 K-Electric Limited(KEL)	5,691,500 ▼ 0.00
Hum Network / Jul 28 Hum Network Limited(HUMNL)	5,283,500 ▼ 0.00
Avanceon Ltd / Jul 28 Avanceon Limited(AVN)	4,595,500 ▼ 0.00
TPL Corp / Jul 28 TPL Corp Limited(TPL)	3,226,500 ▼ 0.00
Silkbank / Jul 28 Silkbank Limited(SILK)	2,875,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 27	161.40
USD PKR Interbank Buying / Jul 27	161.30
USD to Japanese Yen / Jul 27	109.78
USD to Swiss Franc / Jul 27	0.91
Pound Sterling to USD / Jul 27	1.39
Euro to USD / Jul 27	1.18
UK LIBOR % / Jul 27	0.08

Stock	Volume
S&P 500 / Jul 27	4401.46
India Sensex / Jul 27	52578.76
Tokyo Nikkei / Jul 27	27970.22
Nasdaq / Jul 27	14660.58
Hang Seng / Jul 27	25086.43
FTSE 100 / Jul 27	6996.08
Dow Jones / Jul 27	35058.52
Germany DAX 30 / Jul 27	15519.13
France CAC40 / Jul 27	6531.92