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dollars

Dollar tracks Treasury yields higher, bitcoin holds firm

LONDON: The dollar edged higher on Tuesday, tracking a rise in U.S. Treasury yields as investors questioned whether...

Published 09 Jan, 2024 07:05pm

Markets

Dollar pulls back, bitcoin jumps ahead of ETF approval deadline

SINGAPORE: The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve...

Published 09 Jan, 2024 10:17am

BR Research

Repatriation back on track?

The repatriation of dividends and profits hit a snag in FY23 where the payments of foreign direct investment were...

Published 09 Jan, 2024 09:16am

ECs can import dollars in cash through cargo or security companies

KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars...

Updated 26 Jul, 2023 04:21pm

IPSs settlement: Banks can buy dollars from interbank market: SBP

KARACHI: The State Bank of Pakistan (SBP) Wednesday allowed banks to purchase US dollars from interbank for...

Updated 01 Jun, 2023 09:04am

Markets

Rupee stablises, settles at 283.82 against US dollar

Currency appreciates 0.02% in inter-bank market

Updated 04 May, 2023 06:44pm

Markets

Dollar eases as US inflation cools

SINGAPORE: The dollar was on the back foot on Thursday after cooler-than-anticipated US inflation data lifted risk...

Published 13 Apr, 2023 10:07am

Editorials

Rise in workers’ remittances

EDITORIAL: The State Bank of Pakistan (SBP) website notes a rise in March 2023 remittances to 2.532 billion dollars...

Updated 13 Apr, 2023 07:06am

Opinion

How McDonald’s makes money

For consumers McDonald’s is a fast-food chain. However, since the advent of McDonald’s, it has never made...

Published 08 Mar, 2023 06:20am

Markets

Argentina crop

BUENOS AIRES: Argentina’s crops brought in 74% fewer export dollars in February, from a year earlier, an industry...

Published 02 Mar, 2023 06:23am

Markets

Dollar hovers near six-week high as economies strengthen

LONDON/SINGAPORE: The dollar was little changed on Wednesday, continuing to trade near six-week highs on the back of...

Published 22 Feb, 2023 02:33pm

Markets

Rupee back to winning ways, settles at 261.9 against US dollar

Currency records appreciation of 0.23% in inter-bank market

Updated 22 Feb, 2023 08:09pm

Business & Finance

Indus Motor raises Toyota car prices for a third time in 2023

Hike goes as high as Rs890,000

Updated 14 Feb, 2023 07:31pm

Business & Finance

Netflix lays out plans to crack down on account sharing

NEW YORK: Netflix Inc on Wednesday laid out plans to crack down on password sharing for accounts on its streaming...

Published 13 Feb, 2023 05:57am

Business & Finance

PBC satisfied with SBP’s steps aimed at managing liquidity

KARACHI: A Pakistan Business Council (PBC) delegation, led by its Chairman Muhammad Aurangzeb met the Governor of ...

Published 31 Jan, 2023 06:01am

Business & Finance

SBP’s foreign exchange reserves up

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $258 million during the last week....

Published 20 Jan, 2023 06:10am

Business & Finance

OECD sees revenue gains from new tax pact reaching $250bn

PARIS: New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue for...

Published 19 Jan, 2023 05:58am

Editorials

We’re not acting prudently, so to speak

EDITORIAL: The Sensitive Price Index (SPI) for the week ending 12 January 2023 rose by 31.75 percent year-on-year...

Published 17 Jan, 2023 06:02am

Pakistan

Experts characterise pledges of $9bn as ‘great success’

LAHORE: Terming the Geneva moot as good omen for the country, experts said that pledges of over US nine billion...

Published 12 Jan, 2023 05:51am

Markets

Upcoming Chinese holiday, high coal stocks keeping lid on Australian trade

SINGAPORE/ MELBOURNE: Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday ...

Published 12 Jan, 2023 05:51am

Opinion

Floods 2022

In 2022, record heavy floods in the country caused an estimated economic loss of more than 30 billion dollars. Over...

Published 08 Jan, 2023 03:48am

Business & Finance

Heimtextil-2023: Visa denial to rob exporters of orders worth millions of dollars

KARACHI: Pakistan is likely to lose export orders worth millions of dollars because a number of exporters intending...

Published 06 Jan, 2023 05:58am

Markets

Dollar firm in calm before CPI and central bank storm

SINGAPORE: The dollar was firm on Tuesday leading in to the release of US inflation data and the final Federal...

Published 13 Dec, 2022 09:31am

Business & Finance

Govt urged to allow traders to buy dollars from market

KARACHI: President of the Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has suggested to the...

Published 13 Dec, 2022 05:58am

Pakistan

Govt has no strategy to tackle economic crisis: ex-minister

LAHORE: Pakistan Tehreek-e-Insaf Central Punjab General Secretary Hammad Azhar has said that a new government with a...

Published 06 Dec, 2022 05:58am

Import of coal: CPHGC approaches PMO for approval of foreign exchange

ISLAMABAD: M/s China Power Hub Generation Company (Private) Limited (CPHGC) has approached Prime Minister Office...

Published 02 Nov, 2022 04:37am

Markets

Rupee falls 0.43% against US dollar as political temperature rises

Currency ended its three-session appreciation run to settle at 220.68 against US dollar

Updated 26 Oct, 2022 06:57pm

Opinion

Understanding the forex market

The last few months have been a roller coaster for the Pakistani Rupee (PKR) and there is a lot of talk about market...

Published 23 Oct, 2022 03:21am

Editorials

Trade deficit declines

EDITORIAL: The trade deficit for the first quarter 2022-23 registered negative 9.2 billion dollars against 11.7...

Published 06 Oct, 2022 05:59am

Business & Finance

PHMA for restoring old electricity tariff for textile sector

FAISALABAD: Immediate restoration of old electricity tariff for textile sector is imperative to save national ...

Published 06 Oct, 2022 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Petrol/Litre / May 11	288.49
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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