Trends - current account deficit

current account deficit

MPS sending clear messages

Monetary policy committee decided to be proactive, as earlier suggested in this space. The policy rate is increased...

Published 21 Sep, 2021 07:25am

BR Research

CAD: Time running out?

The current account is clearly slipping. The deficit stood at $1.5 billion in August 2021, and the number is $2.3...

Updated 20 Sep, 2021 10:21am

Jul-Aug period: CA posts $2.2bn deficit on higher import bill

Primary reason for the deficit was a 68 percent jump in imports

Updated 18 Sep, 2021 09:58am

Business & Finance

Pakistan's current account deficit swells to $1.48 billion in August

Increases over 80% on a monthly basis

Published 17 Sep, 2021 04:35pm

BR Research

Reining the fiscal deficit in

The fiscal performance in FY21 remained largely in line with expectations – the consolidated deficit stood at 7.1...

Published 30 Aug, 2021 07:25am

BR Research

Currency: Not in danger zone yet

The pressure on PKR depreciation persists as the currency moved from its recent peak of 152.28 to 165.2 in fourteen...

Updated 25 Aug, 2021 09:57am

BR Research

Current Account roundup

The current account deficit normalized to $773 million (2.8% of GDP) in July as compared to $1.6 billion in the...

Updated 23 Aug, 2021 11:12am

ECC approves ‘remittance loyalty’ plan

Programme of around Rs14 billion will provide incentives to overseas Pakistanis to encourage them to send home more remittances through formal channels
Purpose is to help govt deal with expected increase in current account deficit

Updated 12 Aug, 2021 09:32am

BR Research

Currency diary

The currency is under pressure. After crossing 164, the PKR/USD closed at 163.89 yesterday. This is the lowest level...

Updated 04 Aug, 2021 09:34am

BR Research

CAD: Time to manage imports

FY21 was one of the better years in terms of managing current account deficit while bringing the growth momentum...

Updated 26 Jul, 2021 08:22am

Editorials

C/A deficit

EDITORIAL: The current account deficit posted a deficit of 1.8 billion dollars July-June 2020-21 (very sustainable...

Published 24 Jul, 2021 04:27am

Business & Finance

KSE-100 plummets over 600 points as negative sentiment prevails

*Benchmark-100 index falls 1.3% on Monday, but manages to close above 47,000

Updated 28 Jun, 2021 04:46pm

C/A deficit widens 236pc in May

KARACHI: The country’s current account deficit accelerated 236 percent in May 2021 due to decline in exports and...

Published 26 Jun, 2021 03:24am

Business & Finance

Current account posts massive $632m deficit in May 2021

This is the highest monthly deficit since December 2019

Updated 25 Jun, 2021 08:40pm

Business & Finance

Budget speech 2021-22

The full text of budget speech of Minister for Finance and Revenue Shaukat Tarin that he delivered in the National...

Published 12 Jun, 2021 05:04am

Editorials

C/A data

EDITORIAL: The PTI administration’s focus for the first-year in its five-year tenure was to bring down the current...

Published 31 May, 2021 03:12am

Pakistan

PTI govt turns huge CAD left by PML-N into surplus: Shahbaz Gill

Shahbaz Gill said country exports were risen by 13.5 percent reaching to US $ 21 billion despite COVID-19 pandemic.

Published 30 May, 2021 06:21pm

BR Research

Current account surplus: What lies ahead

As expected, the current account deficit remained mild at $200 million in April 2021. The 10MFY21 surplus is ...

Updated 26 May, 2021 11:19am

March CA posts $47m deficit YoY

KARACHI: The country’s current account posted a $47 million deficit in March 2021 compared to $50 million surplus...

Published 24 Apr, 2021 03:21am

Editorials

Low growth and high debt

EDITORIAL: Institute of Policy Reforms (IPR), a think tank headed by Humayun Akhtar Khan, a member of Pakistan...

Published 22 Apr, 2021 03:55am

Business & Finance

India posts current account deficit as economy ‘normalises’

MUMBAI: India’s current account shifted to a small deficit of $1.7 billion in the October-December quarter from a...

Published 01 Apr, 2021 04:10am

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

Feb C/A deficit narrows $50m MoM

KARACHI: The country’s current account deficit narrowed to $50 million in February 2021 compared to $210 million ...

Updated 22 Mar, 2021 09:41am

Markets

Canadian dollar gains as lower bond yields boost sentiment

Canadian dollar rises 0.3% against the greenback.
Loonie trades in a range of 1.2590 to 1.2685.
Price of US oil dips 0.1%.
Canadian bond yields ease across a flatter curve.

Updated 09 Mar, 2021 09:34pm

World

Colombia current account deficit shrank to 3.3pc of GDP in 2020

The deficit in 2019 was 4.4% of GDP, equivalent to some $14.3 billion, while the 2020 figure was equivalent to $9.08 billion.
Incoming foreign direct investment fell 46.3% last year to $7.69 billion, compared to the year before.

Published 02 Mar, 2021 09:39pm

BR Research

Money market – take forward guidance seriously

The market (banks) is demanding more. The government is not issuing international bonds whereas over reliance of...

Published 01 Mar, 2021 07:25am

BR Research

Current account deficit: good tidings?

The current account deficit tamed in January 2021 (versus Dec 2020) to $229 million. The era of monthly surpluses is...

Published 24 Feb, 2021 07:25am

World

Egypt’s current account deficit widens

CAIRO: Egypt's current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in ...

Updated 01 Feb, 2021 09:08am

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Sep 21 First IBL Modaraba(FIBLM)	5.00 ▲ 0.55 (12.36%)
Ruby Tex. / Sep 21 Ruby Textile Mills Limited(RUBY)	7.73 ▲ 0.83 (12.03%)
S.G. Power Ltd. / Sep 21 S.G. Power Limited(SGPL)	4.05 ▲ 0.34 (9.16%)
Pak. P.V.C. / Sep 21 Pakistan PVC Limited(PPVC)	7.80 ▲ 0.64 (8.94%)
AL-Noor Sugar / Sep 21 Al-Noor Sugar Mills Limited(ALNRS)	71.48 ▲ 4.98 (7.49%)
Al-Mali / Sep 21 Modaraba Al-Mali(MODAM)	24.39 ▲ 1.70 (7.49%)
Azgard Nine / Sep 21 Azgard Nine Limited(ANL)	24.19 ▲ 1.68 (7.46%)
AKD Hospitality / Sep 21 AKD Hospitality Limited(AKDHL)	420.00 ▲ 26.42 (6.71%)
786 Investments / Sep 21 786 Investments Limited(786)	9.39 ▲ 0.59 (6.70%)
Bolan Castings / Sep 21 Bolan Castings Limited(BCL)	137.51 ▲ 8.26 (6.39%)

Stock	Price
Husein Sugar (R) / Sep 21 Husein Sugar Mills Limited (R)(HSMR3)	1.02 ▲ -0.43 (-29.66%)
SME Leasing Ltd. / Sep 21 SME Leasing Limited(SLL)	3.02 ▲ -0.67 (-18.16%)
Cyan Ltd / Sep 21 Cyan Limited(CYAN)	42.50 ▲ -8.09 (-15.99%)
B. F. Mod. / Sep 21 B.F. Modaraba(BFMOD)	8.78 ▲ -1.00 (-10.22%)
Bal. Wheel / Sep 21 Baluchistan Wheels Limited(BWHL)	80.55 ▲ -9.09 (-10.14%)
Orient Rental Mod / Sep 21 Orient Rental Modaraba(ORM)	7.20 ▲ -0.80 (-10.00%)
Quetta Textile / Sep 21 Quetta Textile Mills Limited(QUET)	10.73 ▲ -1.00 (-8.53%)
Apna Microfin.Bank / Sep 21 Apna Microfinance Bank Limited(AMBL)	19.87 ▲ -1.61 (-7.50%)
John&Philips / Sep 21 Johnson & Phillips (Pakistan) Limited(JOPP)	44.40 ▲ -3.60 (-7.50%)
Masood Tex. / Sep 21 Masood Textile Mills Limited(MSOT)	55.50 ▲ -4.50 (-7.50%)

Stock	Volume
Telecard Ltd. / Sep 21 Telecard Limited(TELE)	21,296,500 ▼ 0.00
TPL Corp / Sep 21 TPL Corp Limited(TPL)	18,071,000 ▼ 0.00
Bank Alfalah / Sep 21 Bank Alfalah Limited(BAFL)	11,390,399 ▼ 0.00
Byco Petroleum / Sep 21 Byco Petroleum Pakistan Limited(BYCO)	11,022,500 ▼ 0.00
TRG Pakistan / Sep 21 TRG Pakistan Limited(TRG)	9,625,794 ▼ 0.00
Worldcall / Sep 21 Worldcall Telecom Limited(WTL)	9,138,500 ▼ 0.00
Azgard Nine / Sep 21 Azgard Nine Limited(ANL)	6,592,500 ▼ 0.00
Ghani Global Hold. / Sep 21 Ghani Global Holdings Limited(GGL)	5,245,500 ▼ 0.00
Bankislami Pak / Sep 21 BankIslami Pakistan Limited(BIPL)	5,216,000 ▼ 0.00
Bank of Punjab / Sep 21 The Bank of Punjab(BOP)	5,159,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	168.80
USD PKR Interbank Buying / Sep 20	168.70
USD to Japanese Yen / Sep 20	109.41
USD to Swiss Franc / Sep 20	0.93
Pound Sterling to USD / Sep 20	1.37
Euro to USD / Sep 20	1.17
UK LIBOR % / Sep 20	0.07

Stock	Volume
S&P 500 / Sep 20	4357.73
India Sensex / Sep 20	59490.93
Tokyo Nikkei / Sep 20	30500.05
Nasdaq / Sep 20	14713.90
Hang Seng / Sep 20	24099.14
FTSE 100 / Sep 20	6903.91
Dow Jones / Sep 20	33970.47
Germany DAX 30 / Sep 20	15132.06
France CAC40 / Sep 20	6455.81