Trends - current account - Business Recorder

current account

C/A surplus

EDITORIAL: The current account registered surplus for March 2024 of 619 million dollars against 537 million dollars...

Published 26 Apr, 2024 04:15am

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

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

Business & Finance

C/A posts 3rd highest monthly surplus in March

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Published 23 Apr, 2024 03:41am

Editorials

Balanced C/A by itself: no sustainable strategy

EDITORIAL: The current account (C/A) is one economic variable that is coming under control, no thanks to the economy...

Published 25 Mar, 2024 05:54am

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

Business & Finance

Malaysia’s current account surplus narrows to 253mn ringgit in Q4

KUALA LUMPUR: Malaysia’s current account surplus narrowed to 253.4 million ringgit ($53.05 million) in the fourth...

Published 16 Feb, 2024 10:27am

Markets

Pakistan’s current account posts surplus of $9mn in November

This is the first surplus since June 2023

Updated 18 Dec, 2023 05:35pm

BR Research

To cut or not to cut

The monetary policy committee is meeting today to largely deliberate on the policy rate. It is widely expected that...

Updated 12 Dec, 2023 11:16am

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

BR Research

Understanding credit side of inflation

The current tightening cycle, which began almost two years ago in Sep 2021 is showing no sign of abatement,...

Published 22 Aug, 2023 08:38am

Markets

Pakistan’s current account deficit clocks in at $809mn in July, highest since October 2022

Total imports stand at $5.03bn against $6.07bn in the same period of previous year

Updated 18 Aug, 2023 06:37pm

BR Research

MPC surprise

SBP has kept the interest rates unchanged at 22 percent. That was a surprise for a few, as the general expectations...

Published 01 Aug, 2023 08:29am

BR Research

Current account roundup FY23

The current account posted a surplus ($334 million for June 23) for the fourth consecutive month – the 2HFY23...

Published 19 Jul, 2023 08:12am

BR Research

CAD roundup: 11MFY23

The current account posted a surplus for the third consecutive month – last three months (March to May) surplus...

Published 21 Jun, 2023 09:50am

Pakistan

Macroeconomic conditions deteriorated during first half FY23: SBP

Central bank says adverse global economic conditions, uncertainty surrounding IMF programme are major concerns

Published 19 May, 2023 05:05pm

BR Research

Current account roundup: 10MFY23

The current account hung in balance in April 2023, and the deficit in 10MFY23 is down to one-fourth and stood at...

Published 18 May, 2023 08:47am

BR Research

9MFY23 fiscal accounts update

The fiscal deficit is ballooning out of control. Overall deficit is reported at Rs3.1 trillion (3.7 percent of GDP)...

Published 10 May, 2023 08:55am

BR Research

Unwelcome surplus

The current account posted a surprise surplus of $654 million in Mar-23 – highest monthly surplus in eight years....

Published 28 Apr, 2023 09:16am

Markets

Rupee gains momentum, settles at 283.47 against US dollar

Currency appreciates 0.15% in inter-bank market

Updated 20 Apr, 2023 07:20pm

Markets

KSE-100 closes with over 500-point gain as investors cheer current account surplus

Corporate results also help market sentiment that has been dented over delay in revival of IMF programme

Updated 20 Apr, 2023 02:59pm

Markets

Pakistan reports massive current account surplus of $654mn in March

This is the first surplus on a monthly basis since November 2020 when the pandemic brought global economy to a standstill

Updated 19 Apr, 2023 06:49pm

BR Research

Current account in forceful balance

The current account was almost hung in the balance last month. The outcome is not natural but forced through import...

Updated 21 Mar, 2023 11:52am

Pakistan

Pakistan’s current account deficit clocks in at meagre $0.07bn in February

Cumulatively, deficit reduced to $3.9bn in Jul-Feb FY23 compared to $12.1bn in Jul-Feb FY22.

Updated 20 Mar, 2023 09:28pm

Business & Finance

BankIslami posts 142pc growth in profit before tax

KARACHI: The BankIslami Pakistan Limited has announced its financial results for the year ended December 31, 2022,...

Published 03 Mar, 2023 06:12am

Markets

Govt projection of achieving $3bn current account surplus in FY23 ‘unrealistic’: PBC

The Ministry of Finance's prediction of achieving a surplus current account by the end of the ongoing fiscal year...

Published 06 Feb, 2023 03:22pm

BR Research

CAD down; crisis up

The current account deficit stood at $400 million in Dec-22 and $1.2 billion for the second quarter – down by 78...

Published 20 Jan, 2023 09:12am

Markets

22nd consecutive decline: rupee depreciates against US dollar

Currency loses Re0.24 to close at 229.15 in the inter-bank market

Updated 19 Jan, 2023 06:10pm

Markets

Current account deficit recorded at $0.4 billion in Dec 2022: SBP

Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year

Published 18 Jan, 2023 09:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	156.89
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 30	5235.48
Nasdaq / May 30	16737.08
FTSE 100 / May 30	8231.05
Dow Jones / May 30	38111.48
Germany DAX 30 / May 30	18496.79
France CAC40 / May 30	7978.51
India Sensex / May 31	74020.51
Tokyo Nikkei / May 31	38487.90

Item	Value
Gold 10 Grams PKR / May 30	208076
Crude Oil USD/Barrel / May 31	77.90
Karachi Cotton PKR/37.32 KG / May 31	207219
Gold Spot USD/Ounce / May 31	2345.48
Cotton US¢/pound / May 31	76.09
Petrol/Litre / Jun 1	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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