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dollars

Country close to default, claims PTI’s Hammad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary and former federal minister Hammad Azhar has...

Published 14 Sep, 2022 04:45am

Business & Finance

FPCCI urges SBP dept to swiftly clear import payments

KARACHI: President of the FPCCI Irfan Iqbal Sheikh has expressed concerns over the persistence of problems of...

Published 25 Aug, 2022 06:08am

Pakistan

Saudi Arabia plans to renew $3bn deposit in assistance to Pakistan: report

Also intends to provide $100mn a month for 10 months in petroleum products that would be granted as additional support

Updated 14 Aug, 2022 09:43am

Business & Finance

Moscow Exchange to reduce use of dollars as collateral

MOSCOW: The Moscow Exchange will cut the maximum amount of dollars it will accept as collateral to underwrite...

Published 09 Aug, 2022 03:37am

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

Business & Finance

Indigenous production: ‘Good policy on chemical industry can facilitate import substitution’

LAHORE: Speakers at a panel discussion said that prudent chemical industry policy can help import substitution...

Published 22 Jul, 2022 06:07am

Editorials

Treacly sentimentality pervades market?

EDITORIAL: The Federal Finance Minister, Miftah Ismail, held yet another press conference with the ostensible...

Published 22 Jul, 2022 06:07am

World

Saudi Arabia to hand out billions to ease inflation pain

RIYADH: Saudi Arabia announced Monday it was disbursing billions of dollars directly to citizens to ease the effects...

Published 05 Jul, 2022 05:19am

Markets

Rupee resumes fall, depreciates marginally against dollar

Currency loses 0.12% as market factors in declining SBP reserves

Updated 24 Jun, 2022 07:43pm

World

US Senate advances breakthrough bill on gun safety

WASHINGTON: US senators advanced a bipartisan bill late Thursday addressing the epidemic of gun violence convulsing...

Published 24 Jun, 2022 12:11pm

Business & Finance

Morgan Stanley sees stronger yuan

LONDON: Morgan Stanley sees a tactical opportunity for investors to position for a stronger Chinese yuan in the next...

Published 21 Jun, 2022 05:51am

Business & Finance

$2bn projects for Pakistan in the pipeline: ADB official

LAHORE: Deputy Country Director of Asian Development Bank Asad Aleem has said that the projects worth US two billion...

Published 27 May, 2022 05:50am

Business & Finance

Road blockades cost kitty Rs100bn-150bn per day: economists

ISLAMABAD: The estimated loss to the national economy is around Rs100-150 billion per day on account of country-wide...

Published 26 May, 2022 05:26am

Pakistan

BankIslami sponsors Future Fest 2022

KARACHI: BankIslami sponsored Future Fest 2022 held in Islamabad from 13 May to 15 May, 2022. Spanning three days,...

Published 19 May, 2022 05:29am

Opinion

Pakistan’s projected USD cash flows: an accountant’s perspective

In this important article I will present the projected cash flow statements of Pakistan for the period starting from...

Published 19 May, 2022 05:29am

Business & Finance

Dubai’s offshore real estate market: Pakistanis among people owning properties worth billons of dollars

ISLAMABAD: Rich Pakistanis are among those who own properties worth billions of dollars in Dubai’s offshore real...

Published 19 May, 2022 05:29am

Markets

Bonfire of bitcoin: Why crypto assets are tumbling

LONDON: The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly...

Published 16 May, 2022 05:42am

Opinion

The IMF surcharge is unfair

Pakistan is one of 14 countries adversely affected by the International Monetary Fund (IMF) loans which trigger...

Published 16 May, 2022 05:42am

Business & Finance

Rouble firms to early 2020 levels near 65 vs dollar

MOSCOW: The Russian rouble firmed on Thursday, crossing the 70 mark against the euro and heading towards 65 against...

Published 13 May, 2022 05:59am

Opinion

The politics of economics!

Continuity in economic policies is considered critical in providing a sustained conducive environment for private...

Published 09 May, 2022 05:39am

World

Investigation claims Credit Suisse handled dirty money

PARIS: Credit Suisse handled billions of dollars in dirty money for decades, an international media investigation...

Published 22 Feb, 2022 04:43am

Business & Finance

Turkish cenbank’s net FX reserves surge to $16.33bn

ISTANBUL: The Turkish central bank’s net international reserves leapt $5.8 billion last week to $16.33 billion as...

Published 11 Feb, 2022 04:31am

Markets

Rupee's winning streak ends, falls marginally against US dollar

Rupee's upward trajectory against the US dollar came to a halt on Tuesday, as the local currency recorded its first...

Updated 08 Feb, 2022 09:30pm

Dawood wants continued support for exports

ISLAMABAD: Top commerce official is pushing the government to bet big on the export industry by maintaining tens of...

Updated 11 Jan, 2022 09:28am

Business & Finance

Australia, NZ dollars fettered

SYDNEY: The Australian and New Zealand dollars were back on the defensive on Monday as the rapid rise of coronavirus...

Published 21 Dec, 2021 04:14am

Editorials

Policy rate hike

EDITORIAL: The Monetary Policy Committee (MPC) raised on 14 December 2021 the interest rate by 100 basis points ...

Published 16 Dec, 2021 04:00am

Business & Finance

Rouble hovers near 3-week high vs dollar; stocks hit April lows

MOSCOW: The rouble hovered near a three-week high versus the dollar on Tuesday, ahead of an expected central bank...

Published 15 Dec, 2021 06:34am

Markets

Against USD: Pakistan's rupee weakens to record level

Closes at 177.43 in the inter-bank market on Wednesday

Published 08 Dec, 2021 06:36pm

Editorials

Law to arrest rising debt

EDITORIAL: During a recent parliamentary finance committee meeting the federal government revealed its intent to...

Updated 08 Dec, 2021 06:52am

Editorials

Economic infirmity erodes sovereignty

EDITORIAL: Economic infirmity, defined as a country’s under stress macroeconomic indicators particularly its...

Published 07 Dec, 2021 06:29am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 25 786 Investments Limited(786)	4.41 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 25 Al-Abbas Sugar Mills Limited(AABS)	304 ▼ 0.00 (0.00%)
Agro Allianz / Sep 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 25 Allied Bank Limited(ABL)	63.50 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 25 Abbott Laboratories (Pakistan) Limited(ABOT)	576.84 ▼ 0.00 (0.00%)
Abson Ind. / Sep 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 25 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Sep 25 Attock Cement Pakistan Limited(ACPL)	77.50 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 25 786 Investments Limited(786)	4.41 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 25 Al-Abbas Sugar Mills Limited(AABS)	304 ▼ 0.00 (0.00%)
Agro Allianz / Sep 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 25 Allied Bank Limited(ABL)	63.50 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 25 Abbott Laboratories (Pakistan) Limited(ABOT)	576.84 ▼ 0.00 (0.00%)
Abson Ind. / Sep 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 25 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Sep 25 Attock Cement Pakistan Limited(ACPL)	77.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	240.75
USD PKR Interbank Buying / Sep 23	239.75
USD to Japanese Yen / Sep 23	143.31
USD to Swiss Franc / Sep 23	0.98
Pound Sterling to USD / Sep 23	1.09
Euro to USD / Sep 23	0.97
UK LIBOR % / Sep 22	2.32

Stock	Volume
S&P 500 / Sep 23	3693.23
India Sensex / Sep 23	58098.92
Tokyo Nikkei / Sep 23	27153.83
Nasdaq / Sep 23	10867.93
Hang Seng / Sep 23	17933.27
FTSE 100 / Sep 23	7018.60
Dow Jones / Sep 23	29590.41
Germany DAX 30 / Sep 23	12284.19
France CAC40 / Sep 23	5783.41

Item	Value
Crude Oil USD/Barrel / Sep 23	78.74
Karachi Cotton PKR/37.32 KG / Sep 23	22735
Gold 10 Grams PKR / Sep 23	131902
Gold Spot USD/Ounce / Sep 23	1643.94
Cotton US¢/pound / Sep 23	92.54

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