Trends - current account deficit

current account deficit

Pakistan’s current account posts surplus of $491mn in April 2024

Overall, during 10 months of ongoing fiscal year, current account balance stands at deficit of $202mn

Updated 17 May, 2024 07:43pm

Business & Finance

H1FY24: Contained CAD, better inflows help improve external account

KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained...

Published 15 May, 2024 05:47am

Editorials

No feel-good factor within general public

EDITORIAL: There is a level of comfort internationally in the improvement of key macroeconomic indicators - higher...

Published 15 May, 2024 05:47am

BR Research

Rate cut – maybe next time!

SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It...

Published 30 Apr, 2024 08:55am

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

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

Markets

SBP keeps key policy rate unchanged at 22%

This is the sixth successive decision to hold rates by Pakistan's central bank

Updated 18 Mar, 2024 08:43pm

Editorials

February Economic Update and Outlook

EDITORIAL: The February 2024 Economic Update and Outlook uploaded on the Finance Division website on the last day of...

Published 06 Mar, 2024 04:18am

BR Research

Fiscal update: H1-FY24

The Finance ministry has released its Monthly Economic Update, which gives a snapshot of the performance of the...

Updated 01 Mar, 2024 11:06am

BR Research

Current account roundup: 7MFY24

The current account posted a deficit of $269 million in Jan 2024 against a surplus of $404 million during Dec 2023....

Published 20 Feb, 2024 08:45am

Jan CAD stands at $269m

KARACHI: Pakistan has recorded current account deficit (CAD) of $269 million in January 2024 as compared to current...

Updated 20 Feb, 2024 09:14am

Markets

Pakistan’s current account posts deficit of $269mn in January 2024

Imports increase 11% on monthly basis, contributing to C/A deficit

Updated 19 Feb, 2024 09:15pm

BR Research

Monetary easing still on pause

The monetary policy committee has kept the policy rate unchanged at 22 percent, as per the general analysts’...

Published 30 Jan, 2024 09:07am

BR Research

Current account: Food and oil to the rescue

The current account is back in surplus after five months as the December 2023 balance of payment clocked in at a...

Published 19 Jan, 2024 09:34am

Perspectives

Solving the ‘current account deficit’ problem

Pakistan’s current account deficit (CAD) reduced to 1.2% of GDP in FY23 and it is expected to remain at a similar...

Published 18 Jan, 2024 09:30am

Markets

Pakistan’s current account posts significant surplus of $397mn in December

Overall deficit during July-December FY24 stands at $831mn compared to $3.63bn in same period of FY23

Updated 17 Jan, 2024 08:33pm

Business & Finance

Policy rate likely to remain unchanged

KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next...

Updated 06 Jan, 2024 09:47pm

Business & Finance

Businessman optimistic about business outlook

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

Published 05 Jan, 2024 03:12am

Editorials

Trade deficit: welcome decline?

EDITORIAL: Pakistan Bureau of Statistics (PBS) released balance of trade figures for July-December 2023, which...

Published 04 Jan, 2024 05:41am

Markets

Ministry of Finance projects inflation at 27.5-28.5% for December

In latest ‘Monthly Economic Update and Outlook’ report, it anticipates reading to further ease out to 24-25% in January

Updated 27 Dec, 2023 10:27pm

Business & Finance

Tight monetary policy reduces current account deficit

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals From, Mian...

Published 22 Dec, 2023 05:22am

Editorials

Macroeconomic indicators not satisfactory

EDITORIAL: External borrowing failed to meet the budgeted target by 51 percent as per data released by the Pakistan...

Published 21 Dec, 2023 03:54am

BR Research

Current account roundup: 5MFY24

The economy is unofficially in a zero current account deficit (CAD) mode, and it is an unannounced policy of SBP, as...

Published 19 Dec, 2023 09:05am

Nov C/A posts $9m first monthly surplus after June

KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly...

Updated 19 Dec, 2023 10:01am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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