Trends - dollars - Business Recorder

dollars

Emerging FX loses shine

LONDON: Billed as one of the winners of the global reflation trade at the start of 2021, emerging market currencies...

Published 03 May, 2021 04:39am

Business & Finance

Sudan issues new rules for selling dollars

KHARTOUM: Sudan’s central bank on Thursday relaxed restrictions to allow commercial banks more flexibility in...

Published 03 May, 2021 04:39am

Technology

China launches first module for new space station

China launched the Tiangong-1 lab, its first prototype module intended to lay the groundwork for the permanently crewed station, in September 2011.

Published 29 Apr, 2021 10:23am

Markets

TCP gets offers in 50,000 tonnes of sugar tender

HAMBURG: The lowest price offered in the international tender to buy 50,000 tonnes of sugar from state trading ...

Published 28 Apr, 2021 03:18am

Markets

China opens its borders to multi-billion dollar gold imports

BEIJING/LONDON/BENGALURU: China has given domestic and international banks permission to import large amounts of ...

Published 17 Apr, 2021 03:28am

Business & Finance

APTMA for free market mechanism

KARACHI: Adil Bashir, Chairman All Pakistan Textile Mills Association (APTMA) has said that any distortion in policy...

Published 17 Apr, 2021 03:28am

Pakistan

Narrative of sending govt home 'buried' with PDM's demise: Fawad

The PDM, he added, was now a relic of the past and the opposition should end the politics of resignations from the assemblies.

Updated 14 Apr, 2021 12:02am

Business & Finance

Dollar down, euro climbs in Europe

LONDON: The dollar slipped on Monday towards a three-week low as Treasury yields traded near recent lows and traders...

Updated 13 Apr, 2021 09:29am

Editorials

Finally, the bond issue

EDITORIAL: This week marked the launch of 2.5 billion dollar three-tranche bond deal – one billion for five years...

Published 02 Apr, 2021 04:58am

Editorials

The foreign investment plunge

EDITORIAL: Recent data uploaded by the State Bank of Pakistan (SBP) indicates that foreign direct investment has...

Published 01 Apr, 2021 04:10am

Markets

Big tech lifts equities as Biden rebuilding plan in focus

Britain's blue-chip FTSE 100 index fell 0.9pc as online food delivery firm Deliveroo closed down 30pc on its first day of trading.

Updated 01 Apr, 2021 12:01am

Markets

Yuan off lows on upbeat PMI data, but set for worst month since Aug 2019

The PBOC has kept rolling over 10 billion yuan worth of maturing reverse repos, resulting in zero net cash injection for 23 straight trading days, which included Wednesday - the last trading day of the month.

Published 31 Mar, 2021 11:40am

Editorials

Dangerous addiction of non-stop borrowing

EDITORIAL: It's no surprise really that Pakistan's habit of borrowing to survive has got so out of hand that even...

Published 28 Mar, 2021 04:14am

Markets

Teslas can now be bought for bitcoin, Elon Musk says

Bitcoin, the world's biggest digital currency, rose more than 4pc after Musk's tweet and was last up 3.5pc at $56,178.

Published 25 Mar, 2021 12:03am

Markets

Gold slips as Wall Street gains sour appeal

Spot gold was down 0.3pc at $1,738.93 per ounce by 1:41 P.M EDT (1741 GMT).

Updated 23 Mar, 2021 05:11pm

Markets

Dollar pauses as traders weigh Fed's dovish stance

The Fed's loose policy stance on Wednesday triggered a dollar sell-off and pushed up 10-year Treasury yields to 14-month highs.
The benchmark US 10-year yield eased on Friday to 1.6838%, after hitting a more-than-one-year peak of 1.754% in the previous session.

Published 19 Mar, 2021 06:09pm

Markets

Currencies firm against steady dollar; Brazil's real rebounds

Russia's rouble nears seven-month high against dollar.
Brazil's real up 0.9%, on track to offset Monday's losses.
BlackRock overweight on EM equities.
Argentine peso depreciation to slow in coming months –Guzman.

Updated 16 Mar, 2021 10:02pm

Markets

Turkish lira firms a 3rd straight day as rate decision nears

The lira stood at 7.44 against the US dollar at 0720 GMT, firming from Wednesday's close of 7.5120. It climbed as much as 7.7840 on Monday as yields on US bonds rose.

Published 11 Mar, 2021 12:33pm

Markets

China lowers yuan midpoint to 2-month low, pushing CFETS basket index to highest since June 2018

The weaker fixing has pushed China's trade-weighted yuan basket index to 97.06, the highest since June 22, 2018, according to Reuters' calculation based on official data.

Published 05 Mar, 2021 10:26am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 02 Mar, 2021 05:50am

Markets

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 27 Feb, 2021 04:29am

Markets

Dollar bounces off six-week low as traders prepare for Powell

Dollar briefly hits lowest since Jan. 13.
Aussie, Kiwi hold near multi-year highs.
Bitcoin takes another dive after record price.

Published 23 Feb, 2021 07:59pm

Markets

Australia dollar 5% lower than otherwise in trade-weighted terms, says RBA's Kent

Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said the policy measures continue to place downward pressure on the Aussie dollar.

Published 17 Feb, 2021 02:49pm

Pakistan

New coal power plants in Balochistan: Panel slams govt for its failure to ensure use of locally produced coal

ISLAMABAD: A parliamentary committee on Thursday came down hard on the government for its failure to ensure use of...

Updated 12 Feb, 2021 11:48pm

Editorials

Exports decline

EDITORIAL: Pakistan Bureau of Statistics (PBS) data for January 2021 indicates a 9.89 percent fall in exports...

Published 11 Feb, 2021 04:34am

Business & Finance

Bitcoin powers towards $50K

LONDON: Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla’s...

Published 10 Feb, 2021 04:12am

Editorials

PBS methodology: some questions

EDITORIAL: There is a dichotomy in textile exports growth and the textile recording in the Large Scale Manufacturing...

Published 06 Feb, 2021 04:06am

Forex reserves cross $13bn mark

KARACHI: The State Bank of Pakistan’s total liquid foreign reserves crossed $13 billion mark. Foreign exchange...

Updated 05 Feb, 2021 10:04am

Business & Finance

Libyan liquidity crisis eases after exchange rate shift

TRIPOLI/BENGHAZI: Libya’s currency adjustment last month has helped ease a liquidity crisis across the country but...

Updated 04 Feb, 2021 09:59am

Technology

With Amazon billions, MacKenzie Scott shakes up philanthropy

"She is operating in a realm of absolute discretion that is not accountable to anyone," he said.

Published 31 Jan, 2021 11:20am

Gainers
Losers
Leaders

Stock	Price
Pak Gen. Ins. / May 7 The Pakistan General Insurance Co. Ltd.(PKGI)	3.50 ▲ 0.49 (16.28%)
United Ins. / May 7 The United Insurance Company(UNIC)	7.87 ▲ 1.00 (14.56%)
Sakrand Sugar / May 7 Sakrand Sugar Mills Limited(SKRS)	7.90 ▲ 1.00 (14.49%)
Jubilee Sp. / May 7 Jubille Spinning & Weaving Mills Limited(JUBS)	4.15 ▲ 0.44 (11.86%)
First Pak Modaraba / May 7 First Pak Modaraba(PAKMI)	2.39 ▲ 0.24 (11.16%)
PICIC Insurance / May 7 PICIC Insurance Limited(PIL)	1.38 ▲ 0.13 (10.40%)
Chakwal Spinng / May 7 Chakwal Spinning Mills Limited(CWSM)	1.97 ▲ 0.17 (9.44%)
First Fid. Leas. / May 7 First Fidelity Leasing Modaraba(FFLM)	3.25 ▲ 0.25 (8.33%)
Buxly / May 7 Buxly Paints Limited(BUXL)	49.45 ▲ 3.45 (7.50%)
Crescent Fib. / May 7 Crescent Fibres Limited(CFL)	54.34 ▲ 3.79 (7.50%)

Stock	Price
First Elite Cap. Mod. / May 7 First Elite Capital Modaraba(FECM)	3.13 ▲ -0.26 (-7.67%)
Bal. Wheel / May 7 Baluchistan Wheels Limited(BWHL)	78.35 ▲ -6.35 (-7.50%)
Gatron Ind. / May 7 Gatron (Industries) Limited(GATI)	498.58 ▲ -40.42 (-7.50%)
Ideal Sp. / May 7 Ideal Spinning Mills Limited(IDSM)	30.33 ▲ -2.45 (-7.47%)
Idrees Tex. / May 7 Idrees Textile Mills Limited(IDRT)	17.52 ▲ -1.41 (-7.45%)
IbrahimFibres / May 7 Ibrahim Fibres Limited(IBFL)	165.30 ▲ -12.70 (-7.13%)
Habib Metro Mod / May 7 Habib Metro Modaraba(HMM)	5.61 ▲ -0.43 (-7.12%)
Kohat Tex. / May 7 Kohat Textile Mills Limited(KOHTM)	15.52 ▲ -1.18 (-7.07%)
Mirpurkhas Sugar / May 7 Mirpurkhas Sugar Mills Limited(MIRKS)	93.00 ▲ -6.99 (-6.99%)
Pak. P.V.C. / May 7 Pakistan PVC Limited(PPVC)	4.50 ▲ -0.33 (-6.83%)

Stock	Volume
Worldcall / May 7 Worldcall Telecom Limited(WTL)	80,166,000 ▼ 0.00
TRG Pakistan / May 7 TRG Pakistan Limited(TRG)	14,358,170 ▼ 0.00
Telecard Ltd. / May 7 Telecard Limited(TELE)	12,662,000 ▼ 0.00
Unity Foods / May 7 Unity Foods Limited(UNITY)	10,917,761 ▼ 0.00
Ghani Global Hold. / May 7 Ghani Global Holdings Limited(GGL)	10,567,000 ▼ 0.00
Hum Network / May 7 Hum Network Limited(HUMNL)	9,603,500 ▼ 0.00
Aisha Steel / May 7 Aisha Steel Mills Limited(ASL)	7,338,000 ▼ 0.00
Waves Singer (R) / May 7 Waves Singer Pakistan Limited (R)(WAVESR1)	6,701,000 ▼ 0.00
Kot Addu / May 7 Kot Addu Power Company Limited(KAPCO)	6,266,500 ▼ 0.00
Dost Steel / May 7 Dost Steels Limited(DSL)	3,060,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 5	153.10
USD PKR Interbank Buying / May 5	153.00
USD to Japanese Yen / May 5	109.20
USD to Swiss Franc / May 5	0.91
Pound Sterling to USD / May 5	1.39
Euro to USD / May 5	1.20
UK LIBOR % / May 5	0.06

Stock	Volume
S&P 500 / May 5	4167.59
India Sensex / May 5	48677.55
Tokyo Nikkei / May 5	28812.63
Nasdaq / May 5	13582.43
Hang Seng / May 5	28417.98
FTSE 100 / May 5	7039.30
Dow Jones / May 5	34230.34
Germany DAX 30 / May 5	15170.78
France CAC40 / May 5	6339.47

Item	Value
Crude Oil / May 5	65.63
Karachi Cotton Assoc. / May 5	11300.00
Gold 10 Grams / May 5	89163.00
Gold Spot / May 5	1784.30
Cotton / May 5	87.33

dollars

Emerging FX loses shine

Sudan issues new rules for selling dollars

China launches first module for new space station

TCP gets offers in 50,000 tonnes of sugar tender

China opens its borders to multi-billion dollar gold imports

APTMA for free market mechanism

Narrative of sending govt home 'buried' with PDM's demise: Fawad

Dollar down, euro climbs in Europe

Finally, the bond issue

The foreign investment plunge

Big tech lifts equities as Biden rebuilding plan in focus

Yuan off lows on upbeat PMI data, but set for worst month since Aug 2019

Dangerous addiction of non-stop borrowing

Teslas can now be bought for bitcoin, Elon Musk says

Gold slips as Wall Street gains sour appeal

Dollar pauses as traders weigh Fed's dovish stance

Currencies firm against steady dollar; Brazil's real rebounds

Turkish lira firms a 3rd straight day as rate decision nears

China lowers yuan midpoint to 2-month low, pushing CFETS basket index to highest since June 2018

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Dollar bounces off six-week low as traders prepare for Powell

Australia dollar 5% lower than otherwise in trade-weighted terms, says RBA's Kent

New coal power plants in Balochistan: Panel slams govt for its failure to ensure use of locally produced coal

Exports decline

Bitcoin powers towards $50K

PBS methodology: some questions

Forex reserves cross $13bn mark

Libyan liquidity crisis eases after exchange rate shift

With Amazon billions, MacKenzie Scott shakes up philanthropy

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