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dollars

Dollar droops ahead of crucial CPI test; yen under pressure

TOKYO: The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders...

Published 15 May, 2024 09:57am

Editorials

No feel-good factor within general public

EDITORIAL: There is a level of comfort internationally in the improvement of key macroeconomic indicators - higher...

Published 15 May, 2024 05:47am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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