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Dr Murtaza Syed

Pakistan needs to overcome ‘fear of debt restructuring’: Dr Murtaza Syed

Updated 29 Aug, 2024 10:27pm

Former governor of State Bank of Pakistan (SBP) Dr Murtaza Syed on Thursday urged countries including Pakistan to...

Pakistan ‘desperately needs debt restructuring’: Dr Murtaza Syed

Updated 28 Feb, 2023 05:57pm

Former SBP deputy governor says situation is really bad, Pakistan caught in the crosshairs of a perfect storm

Pakistan will need another IMF programme in June: Dr Murtaza Syed

Updated 24 Feb, 2023 05:53pm

Calls Pakistan's economic crisis the worst in history steered by domestic and global reasons

The crisis was foretold

Updated 04 Feb, 2023 07:24am

Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today...

SBP signs MoU with Zameen.com to utilise data on real sector

Published 07 Sep, 2022 04:13am

KARACHI: State Bank of Pakistan (SBP) has signed a Memorandum of Understanding (MoU) with Zameen.com according to...

Meezan Bank, Samba Bank celebrate RDA success in Bahrain

Published 26 Aug, 2022 06:02am

KARACHI: Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at...

New SBP governor to take charge in a few days, PAC told

Updated 26 Aug, 2022 09:43am

ISLAMABAD: Acting Governor State Bank of Pakistan (SBP), Dr Murtaza Syed on Thursday apprised the Public Accounts...

SBP allows ECs to export dollar on consignment basis

Updated 17 Aug, 2022 10:13am

ECs will bring the export proceeds in their USD account maintained with banks in Pakistan within three days

Diamond Jubilee celebrations: SBP unveils Rs75 commemorative banknote

Published 15 Aug, 2022 06:24am

KARACHI: State Bank of Pakistan held ceremony for unveiling of commemorative banknote on the occasion of 75th...

Acting governor of SBP explains criticality of IMF programme

Updated 15 Aug, 2022 10:24am

Dr Murtaza Syed inaugurates the Roshan Pension Plan to augment the lifestyle banking services available under the State Bank’s Roshan Digital Account initiative for overseas Pakistanis

Better late than never

Published 11 Aug, 2022 04:35am

EDITORIAL: It turns out that repeated assurances from the State Bank of Pakistan (SBP) and finance ministry were on...

Forex matters: SBP constitutes body, appoints officer to liaise with FPCCI

Updated 04 Aug, 2022 10:32am

KARACHI: Dr Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP) Wednesday announced setting up of a...

Forex consumption: FPCCI urges SBP to issue strategy paper

Updated 02 Aug, 2022 10:05am

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the State Bank of Pakistan...

All-time low: Rupee closes near 230 against US dollar as pressure on currency remains

Updated 25 Jul, 2022 07:25pm

Ongoing political and economic uncertainty take toll amid reports SBP is discouraging inter-bank trade

MPMG housing finance scheme: Govt in process of reshaping: Miftah

Updated 23 Jul, 2022 09:37am

Says govt will continue with MPMG housing loan scheme for candidates whose applications have been approved

Standard Chartered holds roadshow for NRPs in UAE

Published 15 Jul, 2022 07:10am

KARACHI: Standard Chartered Bank conducted a roadshow for non-resident Pakistanis based in the UAE. This event was...

Policy rate hiked by 125bps to 15pc to cool economy, contain inflation, propel PKR

Updated 08 Jul, 2022 09:30am

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday decided to raise the...

EFS, LTFF rates linked with policy rate

Published 08 Jul, 2022 05:36am

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has linked the interest rates of...

91pc of merchandise trade deficit financed by remittances in 10 years: SBP

Updated 01 Jul, 2022 11:14am

LAHORE: Acting Governor of the State Bank of Pakistan Dr Murtaza Syed on Thursday said that over the past 10 years,...

Stability largely depends on emerging macroeconomic dynamics: SBP

Updated 22 Jun, 2022 10:06am

KARACHI: The State Bank of Pakistan (SBP) Tuesday said that the financial stability largely depends on emerging...

SBP launches ‘Easy Data Portal’

Published 03 Jun, 2022 05:56am

KARACHI: Efficient, timely and reliable data dissemination is a core undertaking of central banks across the world....

With aim to become transparent, SBP launches EasyData portal

Published 01 Jun, 2022 08:12pm

State Bank of Pakistan (SBP) Acting Governor Dr Murtaza Syed launched on Wednesday the EasyData portal that offers...

Acting SBP governor inaugurates Meezan Roshan Digital Centre

Published 25 May, 2022 04:40am

KARACHI: The acting Governor State Bank of Pakistan (SBP) Dr Murtaza Syed recently visited Meezan Bank’s Head Office...

Budget, energy subsidies main topics being discussed with IMF: Dr Murtaza Syed

Published 24 May, 2022 08:09pm

SBP's acting governor says progress in talks has been made, but it is normal for 'these things to take time'

SBP raises key interest rate by 150 basis points, takes it to 13.75%

Updated 23 May, 2022 09:48pm

This is the highest interest-rate level in 11 years
SBP says external pressures remain elevated and inflation outlook has deteriorated due to both home-grown and international factors

Dr Reza Baqir's tenure as central bank chief ended today

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Dr Murtaza Syed

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