Trends - current account deficit

current account deficit

PSX choppy on C/A upsurge

KARACHI: Pakistan Stock Exchange Tuesday witnessed a mixed trend and after closed in red zone due to selling on...

Published 22 Dec, 2021 06:13am

Business & Finance

US current account deficit jumps to 15-year high in third quarter

WASHINGTON: The US current account deficit surged to a 15-year high in the third quarter amid a record increase in...

Published 21 Dec, 2021 08:44pm

BR Research

Tightening the noose around forex

The SBP finally came up with tightening measures in foreign exchange transactions. Better late than never. Pakistan...

Published 21 Dec, 2021 07:49am

Opinion

The MPC projections

The last meeting of the Monetary Policy Committee (MPC) of the SBP was held on the 14th of December 2021, after the...

Published 21 Dec, 2021 04:14am

July-Nov: C/A deficit yawns to $7.1bn

Karachi: The country’s current account posted over $7 billion deficit during the first five months of this fiscal...

Updated 21 Dec, 2021 03:55pm

Markets

November: Pakistan's current account deficit widens further to $1.91bn

High imports and decline in remittances behind increase
Cumulative deficit for July-Nov clocks in at $7.09 billion

Published 20 Dec, 2021 08:09pm

Opinion

Macroeconomic choices for 2022

State Bank of Pakistan (SBP) increased policy rate by 1 percent (100 basis points) to 9.75 percent. This is the...

Published 17 Dec, 2021 04:30am

BR Research

MPS: finally, getting the signaling right!

Its 100bps increase to 9.75 percent! Forward guidance is also much clearer: “end goal of mildly positive real...

Published 15 Dec, 2021 09:24am

BR Research

MPC: Prudent approach is a measured increase

The monetary policy is due today. Hike in market rates implies 175-200 bps increase in the policy rate. Prior to the...

Published 14 Dec, 2021 08:11am

Pakistan

Pasha critical of govt’s approach to bringing down CAD

ISLAMABAD: There is an intent to bring down the current account deficit to four percent in 2021-22 from the...

Published 09 Dec, 2021 04:29am

Opinion

Ensuring external stability

As the economy rebounds from last year’s Covid shock, recent trade and current account deficit numbers are ...

Published 06 Dec, 2021 06:32am

Economy’s fundamentals strong: Tarin

ISLAMABAD: Adviser to the Prime Minister on Finance Shaukat Tarin has expressed the hope that the import bill will...

Updated 04 Dec, 2021 09:44am

Pakistan

PTI govt has turned national economy into ‘debt economy’: Shehbaz

LAHORE: Terming the country’s economic condition as alarming, Pakistan Muslim League-Nawaz (PML-N) president...

Published 01 Dec, 2021 03:52am

Opinion

Economic outlook for 2021-22

The motivation for this article lies in the macroeconomic projections for 2021-22 contained in the Annual Report for...

Updated 30 Nov, 2021 06:26am

BR Research

Writing on the wall

The headlines write themselves. The government and SBP’s self-congratulation on keeping economy afloat during the...

Published 24 Nov, 2021 08:03am

BR Research

IMF review: apprehensions abound

Finally, the wait is over. Yet, the anxiety is not. The IMF mission’s concluding statement is out. Staff level...

Updated 23 Nov, 2021 09:22am

Opinion

The MPS surprise

State Bank of Pakistan (SBP) has made a surprise and aggressive move by increasing the policy rate by 150bps (basis...

Published 21 Nov, 2021 04:19am

Pakistan

Unexpected level of current account deficit, inflation led to hike in policy rate: Dr Reza Baqir

SBP governor says Friday's MPC announcement will help address concerns over the economy

Updated 20 Nov, 2021 08:48pm

BR Research

Car prices: Carrot failure

Car prices are increasing. Assemblers are facing cost pressures due to currency depreciation, increase in commodity...

Updated 10 Nov, 2021 02:07pm

Opinion

Status of the IMF programme

There continues to be a hiatus in the finalization of the sixth review of the IMF Extended Fund Facility to ...

Updated 09 Nov, 2021 10:23am

Opinion

Season of change?

Political dramas have identical plots like Greek tragedies. An unusual movement on the political stage of Pakistan...

Published 28 Oct, 2021 04:06am

BR Research

Current Account roundup: Q1-FY22

The current account deficit stood at $3.4 billion (annualized 4.1% of GDP) in the 1QFY22 (Jul-Sep 21) as compared to...

Published 25 Oct, 2021 07:25am

Opinion

CAD - cause for concern

Current account deficit (CAD) is again becoming a source of concern to policymakers with many independent economists...

Published 25 Oct, 2021 05:32am

Pakistan

Pakistan's current account deficit narrows to $1.11 billion in September

Improvement in balance of trade helps bring down deficit on a monthly basis

Updated 20 Oct, 2021 08:31am

Opinion

USD-PKR parity—I

Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their...

Published 07 Oct, 2021 04:25am

MoC shifts blame for rising imports to other quarters

Federal Cabinet in its previous meeting expressed concerns at the 'extraordinary' growth in imports and directed to constantly monitor them to keep the current account deficit at a manageable level

Updated 05 Oct, 2021 03:51pm

Opinion

Higher import bill

There is a heated debate on the current rising import bill and its "adverse" impact on the current account deficit...

Published 28 Sep, 2021 05:12am

Rising CAD a big concern: Regulatory duty will be imposed on EVs, raised on other imported cars

ISLAMABAD: Worried with the sudden increase in Current Account Deficit (CAD), the government has decided to impose...

Updated 25 Sep, 2021 11:47am

Opinion

The import bill

The higher import bill and current account deficit (CAD) noted in recent months poses serious risks to the...

Published 23 Sep, 2021 04:35am

SBP chief briefs PM on economic recovery, RDAs

ISLAMABAD: State Bank of Pakistan (SBP) Governor, Dr Reza Baqir, met with Prime Minister Imran Khan, on Wednesday,...

Updated 23 Sep, 2021 11:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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