Trends - current account - Business Recorder

current account

CAD: Crash and burn

The current account is one element that is coming under control. The deficit is down to $276 million in Nov-22 –...

Published 19 Dec, 2022 09:02am

BR Research

Inside fool’s paradise

There are now increasing discussions on economic and financial emergency and the different options that need to be...

Updated 06 Dec, 2022 10:05am

BR Research

CAD: Controlled chaos

The current account is coming under control. This is happening under extreme strictness on imports. However, the...

Published 22 Nov, 2022 09:22am

BR Research

CAD leashed!

The current account is coming in control. It stood at $316 million in September 22. In the Jul-Sep quarter, the...

Published 21 Oct, 2022 08:48am

Markets

Pakistan's rupee largely stable, settles at 239.71

Cumulative depreciation in 15 sessions clocks in at 8.8%

Updated 22 Sep, 2022 06:25pm

BR Research

Current account – continue curbing demand

The current account (C/A) deficit thinned to $1.2 billion in July 22 – down by 45 percent from the previous month....

Published 26 Aug, 2022 08:38am

BR Research

Monetary Policy: A pause

As expected, SBP kept the policy rate unchanged. SBP took a pause. The monetary policy is expected to remain data...

Published 23 Aug, 2022 08:40am

Pakistan

Pakistan's current account deficit hits $2.28bn in June, up 59% month-on-month

Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis

Updated 27 Jul, 2022 09:16pm

Pakistan

Pakistan's current account deficit clocks in at $1.43bn in May 2022

Deficit 131% higher on monthly basis as it amounted to $618mn in April 2022

Updated 28 Jun, 2022 07:06pm

BR Research

A time to brood

Every now and then life gives a reality check. That rare shock that blind side people and forces them into a rude...

Updated 01 Jun, 2022 01:10pm

BR Research

Currency diary

In the recent weeks, currency has remained as volatile as the political scene in the country. There was a compete...

Published 20 Apr, 2022 08:22am

BR Research

Remittances holding up

Remittances for March 2022 touched the highest ever monthly level of $2.8 billion. This is an increase of over 28...

Published 15 Apr, 2022 06:16am

Pakistan

Rupee-dollar value can be stable with right economic direction: Ishaq Dar

Former finance minister, in interview with Aaj News, says letting the dollar 'free' has been the 'mother of all evils'

Updated 14 Apr, 2022 09:03am

Perspectives

Monetary policy: between a rock and a hard place

The State Bank of Pakistan (SBP) is due to announce its monetary policy statement on March 8, 2022. Recent surveys...

Published 07 Mar, 2022 10:07am

BR Research

Rate hike on the cards?

The monetary policy is due on Tuesday. The SBP clearly mentioned in the previous forward guidance that current real...

Published 04 Mar, 2022 08:26am

BR Research

CAD chronicles

The current account deficit at $2.6 billion in Jan-22 is the highest ever recorded number. The toll is at $11.6...

Published 28 Feb, 2022 08:09am

BR Research

Monetary Policy – Bold decision

No change as expected. The markets took forward guidance with a surprise. SBP has shown clear indications of not...

Published 25 Jan, 2022 08:07am

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

BR Research

Overhaul the debt office now!

Last week there was a sense of panic in the money and stock markets after growth-on-steroids was reported for ...

Published 07 Dec, 2021 07:59am

BR Research

Car imports and current account

The government economic authorities are looking for avenues to curb the import bill. The most talked-about area is...

Updated 29 Nov, 2021 10:12am

BR Research

GDP rebase long overdue

The talk of the town in economic circles right now is that Pakistan’s total debt and liabilities stock has crossed...

Published 26 Nov, 2021 06:34am

BR Research

Oil prices: interesting times ahead!

Pakistan external account is almost always in stress when the international oil prices hover over $70-80 mark....

Published 24 Nov, 2021 08:10am

BR Research

Current Account roundup: 4MFY21

The current account slippage is not coming under control. The deficit stood at $1.7 billion in October – biggest...

Published 22 Nov, 2021 07:20am

4MFY22 YoY: Current account posts $5bn deficit on higher import bill

On a month-on-months basis, deficit widened to $1.66 billion in October 2021 compared to $1.13 billion in September 2021

Updated 20 Nov, 2021 10:17am

Business & Finance

BankIslami declares Rs1.85bn PAT for 9 months

KARACHI: BankIslami Pakistan announced financial results for the nine months ended September 30, 2021. Despite...

Published 29 Oct, 2021 05:05am

BR Research

Export refinance: no room for limit enhancement?

The past two years have witnessed a love-hate rollercoaster between the central bank and the business community....

Published 25 Oct, 2021 07:30am

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

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

BR Research

CPI faces WPI threat

There may be legitimate worries on current account, fiscal account, exchange rates, structural reforms and all that,...

Published 12 Oct, 2021 07:25am

BR Research

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

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	156.17
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 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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