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economy

Pakistan's current account deficit narrows to $1.11 billion in September

Improvement in balance of trade helps bring down deficit on a monthly basis

Updated 20 Oct, 2021 08:31am

Business & Finance

Japan scrutinising impact of yen fall on its economy, says minister

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday the government will scrutinise the fallout from...

Published 18 Oct, 2021 04:42am

Business & Finance

IMF validating data, negotiations moving in right direction: Tarin

Says IMF appreciates progress made on the programme, announcement on next tranche to follow soon

Updated 16 Oct, 2021 05:53pm

Business & Finance

Govt committed to inclusive, sustainable economic growth: Tarin

Finance Minister Shaukat Tarin has said that the government is committed to inclusive and sustainable economic ...

Published 16 Oct, 2021 11:16am

Business & Finance

Govt to increase power tariffs on 'gradual basis’, says Tarin

Tariff hike is major part of the IMF's talks with Pakistan that is seeking a successful review of the Extended Fund Facility

Published 14 Oct, 2021 10:01pm

Business & Finance

Need to step beyond 'conventional roles' to counter crisis: Dr Reza Baqir

SBP governor shares three lessons on how central banks could handle a pandemic-like situation

Published 13 Oct, 2021 03:07pm

Business & Finance

Pakistan's economy: expert paints bleak picture

KARACHI: We are rushing fast towards “A Broken Economy” with serious financial crisis and mass joblessness. A...

Updated 03 Oct, 2021 12:12pm

Pakistan

Tarin moves to pacify public after petrol price hike

Finance minister says govt has absorbed much of the impact by reducing petroleum levy
Stresses that prices 'still lower than other oil-importing countries'

Updated 01 Oct, 2021 08:00pm

Pakistan

Sanaullah criticises PTI govt for 'harming' economy

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Punjab president Rana Sanaullah Khan slammed the PTI-led government for...

Published 26 Sep, 2021 03:23am

Business & Finance

ADB says Pakistan's economy to grow at 4% in FY22

Forecast is lower than what the government is targeting

Updated 22 Sep, 2021 10:29pm

Perspectives

Human capital development: a catalyst for change

According to UNESCO, for every US dollar spent on education anywhere in the world, as much as $10 to $15 can be...

Updated 27 Sep, 2021 06:20pm

Business & Finance

Pakistan's rupee closes at its lowest level against the US dollar as pressure remains

The rupee has been under pressure since May this year with an increasing import bill causing immense worry among policymakers

Updated 14 Sep, 2021 05:37pm

Perspectives

How price controls suffocate the economy

The government issued a notification last month giving officials largely unconstrained powers to monitor and control...

Updated 27 Sep, 2021 06:22pm

Opinion

Economy: rising uncertainty

A number of factors have come together leading to greater uncertainty on the economic front. This level of...

Published 07 Sep, 2021 06:25am

Markets

German 30-year yields hit six-week high after US payroll data

LONDON: German government borrowing costs hit their highest level since mid-July on Friday as euro zone business...

Published 06 Sep, 2021 06:14am

Opinion

'Silent crisis' looms as US to end Covid aid for millions of jobless

Spending less on food. Drawing down on retirement savings. Dropping out of the workforce altogether. Last year, the...

Published 06 Sep, 2021 06:14am

Opinion

Economy: a new strategy

Is the persistently high rate of inflation, particularly the Sensitive Price Index (SPI) which constitutes 51...

Published 06 Sep, 2021 06:14am

Pakistan

Bilawal underscores need for increased agri output

MULTAN: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari said that agriculture sector was backbone of ...

Updated 06 Sep, 2021 06:43am

Editorials

SMEs: policy needs provincial support

EDITORIAL: This government is rightly lending focus to the promotion of Small and Medium Enterprises (SMEs) in the...

Published 06 Sep, 2021 06:14am

World

UAE announces plans to boost economy, attract workers

DUBAI: The United Arab Emirates plans to launch 50 new economic initiatives to boost the country's competitiveness...

Updated 05 Sep, 2021 04:59pm

Opinion

PARTLY FACETIOUS: Learning the ropes

“So who is giving The Khan lessons on the economy?” “The Khan has a wary eye on the economy and I would have...

Published 04 Sep, 2021 06:04am

Business & Finance

India attracts $22.5bn in foreign direct investment in April-June

NEW DELHI: India attracted foreign direct investment (FDI) inflows of $22.53 billion during the first three months ...

Published 29 Aug, 2021 03:08am

Business & Finance

Pak-UK Business Council to meet UK investors in London

ISLAMABAD: UK-Pak Business Council will hold a meeting with UK investors in London next month to lure foreign...

Published 16 Aug, 2021 06:57am

Business & Finance

Pakistan set to receive $2.77 billion from IMF on Aug 23, says Tarin

Boost to foreign exchange reserves comes after IMF approved increased lending capacity earlier this month

Published 12 Aug, 2021 09:03pm

Business & Finance

US reports robust job growth, strong wage gains

WASHINGTON: US job growth powered ahead and the unemployment rate fell in July amid demand for workers in the...

Published 07 Aug, 2021 04:01am

Pakistan

Over half of Chinese companies listed on Fortune 500 have operations in Pakistan

More than half of Chinese enterprises listed on the Fortune Global 500 for 2021 have invested or conducted business...

Published 03 Aug, 2021 10:59pm

Markets

Pakistan's forex reserves set for boost as IMF officially approves increased lending capacity

Emerging and developing nations are to receive around $275 billion in total
Fitch Ratings had earlier said that Pakistan's foreign exchange reserves could get a boost of $2.8 billion with newly-issued SDRs

Updated 03 Aug, 2021 04:56pm

Markets

Japan shares end higher as earnings cheer offsets virus worries

TOKYO: Japanese shares ended higher on Monday as upbeat earnings from shippers and other cyclical firms countered...

Published 03 Aug, 2021 04:35am

Opinion

There’s many a slip between the cup…

Federal finance minister Shaukat Tarin has infused some optimism in the management of the economy with his gung-ho...

Published 19 Jul, 2021 06:17am

Business & Finance

Pakistan 'well-positioned for growth' but concerns remain, says Citi

Rizwan Shaikh, head of EMEA Emerging Markets Corporate Banking, terms vaccination speed key factor in pace of recovery
Citi Country Officer Ahmed Bozai says Pakistan's market has depth, but rise of global commodity prices remains concern

Published 14 Jul, 2021 08:30am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 22 786 Investments Limited(786)	7.19 ▼ 0.00 (0.00%)
AL- Abbas / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	776.39 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 22 Attock Cement Pakistan Limited(ACPL)	137.93 ▼ 0.00 (0.00%)
Adam Sugar / Oct 22 Adam Sugar Mills Limited(ADAMS)	31.74 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 22 786 Investments Limited(786)	7.19 ▼ 0.00 (0.00%)
AL- Abbas / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	776.39 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 22 Attock Cement Pakistan Limited(ACPL)	137.93 ▼ 0.00 (0.00%)
Adam Sugar / Oct 22 Adam Sugar Mills Limited(ADAMS)	31.74 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 20	173.45
USD PKR Interbank Buying / Oct 20	173.30
USD to Japanese Yen / Oct 20	114.35
USD to Swiss Franc / Oct 20	0.92
Pound Sterling to USD / Oct 20	1.38
Euro to USD / Oct 20	1.16
UK LIBOR % / Oct 20	0.07

Stock	Volume
S&P 500 / Oct 20	4486.46
India Sensex / Oct 20	61765.59
Tokyo Nikkei / Oct 20	29025.46
Nasdaq / Oct 20	15021.81
Hang Seng / Oct 20	25409.75
FTSE 100 / Oct 20	7203.33
Dow Jones / Oct 20	35258.61
Germany DAX 30 / Oct 20	15474.47
France CAC40 / Oct 20	6673.10

Item	Value
Crude Oil / Oct 20	83.87
Karachi Cotton Assoc. / Oct 20	14680.00
Gold 10 Grams / Oct 20	97700.00
Gold Spot / Oct 20	1781.95
Cotton / Oct 20	110.73

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