Trends - dollars - Business Recorder

dollars

Egypt slashes compensation claim to $550m over Suez canal blockage

CAIRO: Egypt has slashed millions of dollars off its compensation claim against the Japanese owner of a megaship ...

Published 25 May, 2021 04:40am

World

US seizes $90,000 from man who sold footage of US Capitol riot

WASHINGTON: US authorities have confiscated roughly $90,000 from a Utah man who sold footage of a woman being ...

Published 23 May, 2021 03:06am

Pakistan

CPEC gives new dimension to Pak-China ties: Fawad

Fawad said the Pakistani nation knew that China stood beside their country through thick and thin. Similarly, Pakistan extended full support to China to meet its challenges, he added.

Published 21 May, 2021 10:56pm

Markets

Yuan slips as Sino-US tensions weighs on appetite

The Fed could hint at tapering again in the second half, which could then push the dollar index and Treasury yields higher, CIB added.

Published 19 May, 2021 11:54am

Swiss parliament to look into Credit Suisse fiasco

ZURICH: A Swiss parliamentary committee will discuss the fallout from billions of dollars worth of losses at Credit...

Published 17 May, 2021 06:14am

KSA, Pakistan agree to expand ‘horizons of cooperation’

• MBS, PM sign agreement on establishment of SPSCC • Agreements addressing the treatment of criminals, and ...

Published 09 May, 2021 03:20am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

dollars

Most Popular