Trends - current account deficit

current account deficit

Unusual balance of payments

The data on the balance of payments in the first four months of 2023-24 has been released recently by the SBP (State...

Updated 28 Nov, 2023 05:22am

BR Research

Current account roundup

Another month of current account hanging in balance – although there is a marginal deficit of $74 million in...

Published 21 Nov, 2023 08:16am

Opinion

Low inflows of external financing

The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully...

Published 21 Nov, 2023 06:01am

Business & Finance

Jul-Oct C/A deficit dips sharply

KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal...

Published 21 Nov, 2023 06:01am

Pakistan

Pakistan’s current account deficit clocks in at $74m in October

Total imports stand at $5.17bn against $5.35bn in the same period of previous year

Updated 20 Nov, 2023 10:20pm

Opinion

The slowdown in real economy

Over the past month, it seems that the feel-good factor has returned. The stock market is in a bullish run and the...

Updated 13 Nov, 2023 12:16pm

BR Research

Forward export hangover

The currency is under pressure again. There is dip-by-dip depreciation every day. It has depreciated by 2.9 percent...

Published 07 Nov, 2023 08:37am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Business & Finance

Policy rate kept unchanged on inflation, C/A

KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of...

Published 31 Oct, 2023 05:26am

BR Research

Demand destruction at play

The current account almost stood in balance (deficit of $8 mn) in September due to lower import payment bill. The...

Published 24 Oct, 2023 08:17am

Opinion

Value of PKR

There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in ...

Updated 24 Oct, 2023 05:50am

Markets

Inflation expected to come down to 26% in October: brokerage house

Amid drop in food prices, JS Global says CPI reading to go lower

Published 23 Oct, 2023 11:37am

Markets

Bulls rule at PSX as KSE-100 crosses 51,000 level

Bulls continued to rule at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index crossed the 51,000 level...

Updated 23 Oct, 2023 09:29pm

Sept CA deficit shrinks to stand at $8m

KARACHI: The country’s current account deficit declined to $8.0 million in September 2023 as compared to the current...

Updated 20 Oct, 2023 09:03am

Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

Business & Finance

Debt piling up: Borrowing reliance surging to finance twin deficits: World Bank

ISLAMABAD: The World Bank on Friday said Pakistan’s economic model is unsuitable because the country’s borrowing...

Published 23 Sep, 2023 05:58am

Editorials

Financial account versus current account

EDITORIAL: The expectation during negotiations between the International Monetary Fund (IMF) and the government of...

Published 20 Sep, 2023 06:28am

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

Financial account not positive enough to cancel out rise in CAD: economist

ISLAMABAD: Pakistan’s financial account has not been positive enough to cancel out the increase in current account...

Updated 18 Sep, 2023 09:24am

Business & Finance

Jul-Aug CAD declines 54pc to $935m YoY

KARACHI: The country’s current account deficit sharply declined by 54 percent during the first two months of this...

Published 15 Sep, 2023 06:31am

Markets

SBP keeps key policy rate unchanged at 22%

Contrary to market expectations, Monetary Policy Committee maintains status quo
Stresses on maintaining prudent fiscal stance to keep aggregate demand in check

Updated 14 Sep, 2023 09:00pm

Artificial appreciation of PKR to encourage imports: Pasha

ISLAMABAD: “The crackdown on illegal exchange dealers and envisaged investment inflows from friendly countries has...

Updated 13 Sep, 2023 10:58am

Business & Finance

Another brokerage house expects 200bps hike in key policy rate

Topline Securities also sees PKR/USD in inter-bank market to be in range of Rs320-340 by June 2024

Published 08 Sep, 2023 05:37pm

Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks

ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to...

Updated 01 Sep, 2023 09:11am

Opinion

BoP projections: risk and uncertainty

The year, 2022-23, closed with a truly remarkable reduction in the size of the current account deficit by 84% to ...

Updated 29 Aug, 2023 06:44am

Opinion

Need for greater discretionary economic policy

The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By...

Updated 25 Aug, 2023 07:08am

Business & Finance

‘High prices of fuel are hitting exports badly’

KARACHI Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum and All...

Published 23 Aug, 2023 05:50am

Markets

KSE-100 sees bloodbath, down 771 points on lack of positive triggers

Analysts say political uncertainty alongside significant current account deficit in July dent investor confidence

Updated 21 Aug, 2023 09:45pm

BR Research

CAD roundup: scary start to FY24

The current account is back in the red with relaxation on imports, a condition of the SBA with IMF. The deficit...

Updated 21 Aug, 2023 08:56pm

Opinion

New tenants in ‘Block Q’ neighbourhood

The macro numbers are not showing a good picture. Inflation is creeping up again. The current account posted a...

Updated 21 Aug, 2023 07:53am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.75 ▲ 0.26 (10.44%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)
Pak Hotels / Nov 30 Pakistan Hotels Developers Limited(PHDL)	476.23 ▲ 33.23 (7.50%)
United Brands / Nov 30 United Brands Limited(UBDL)	17.22 ▲ 1.20 (7.49%)
Arctic Textile / Nov 30 Arctic Textile Mills Limited(ARCTM)	15.95 ▲ 1.11 (7.48%)
Fazal Cloth / Nov 30 Fazal Cloth Mills Limited(FZCM)	190.60 ▲ 13.24 (7.47%)
Bilal Fibres / Nov 30 Bilal Fibres Limited(BILF)	2.88 ▲ 0.20 (7.46%)
Shezan Inter. / Nov 30 Shezan International Limited(SHEZ)	128.50 ▲ 8.89 (7.43%)
Frontier Ceram / Nov 30 Frontier Ceramics Limited(FRCL)	16.70 ▲ 1.06 (6.78%)

Stock	Price
Kohinoor Power / Nov 30 Kohinoor Power Company Limited(KOHP)	5.40 ▼ -0.48 (-8.16%)
Asim Textile / Nov 30 Asim Textile Mills Limited(ASTM)	11.97 ▼ -1.00 (-7.71%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Sapphire Textile / Nov 30 Sapphire Textile Mills Limited(SAPT)	1063.75 ▼ -86.24 (-7.50%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)
Gillette Pak / Nov 30 Gillette Pakistan Limited(GLPL)	183 ▼ -8.13 (-4.25%)
Pak Suzuki / Nov 30 Pak Suzuki Motor Company Limited(PSMC)	508.90 ▼ -11.07 (-2.13%)
Punjab Oil / Nov 30 Punjab Oil Mills Limited(POML)	117.99 ▼ -2.34 (-1.94%)
Exide (PAK) / Nov 30 Exide Pakistan Limited(EXIDE)	412 ▼ -7.21 (-1.72%)
Adamjee Ins. / Nov 30 Adamjee Insurance Company Limited(AICL)	34.01 ▼ -0.48 (-1.39%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.01
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.01
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▲ 0.15
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▲ 0.01
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.04
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▲ 0.21
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.17
Pak Elektron / Nov 30 Pak Elektron Limited(PAEL)	15,329,837 ▲ 0.20
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	14,893,960 ▲ 0.07
Image Pakistan / Nov 30 Image Pakistan Limited(IMAGE)	14,707,000 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	146.97
USD to Swiss Franc / Nov 29	0.87
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.11
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
India Sensex / Nov 29	66901.91
Tokyo Nikkei / Nov 29	33268.78
Nasdaq / Nov 29	14258.49
Hang Seng / Nov 29	16993.44
FTSE 100 / Nov 29	7423.46
Dow Jones / Nov 29	35430.42
Germany DAX 30 / Nov 29	16166.45
France CAC40 / Nov 29	7267.64

Item	Value
Crude Oil USD/Barrel / Nov 29	77.69
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Gold Spot USD/Ounce / Nov 29	2045.47
Cotton US¢/pound / Nov 29	79.59

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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