Trends - EFF - Business Recorder

EFF

The IMF-govt trust deficit

The Pakistani public is being subjected to extremely disturbing macroeconomic indicators with each subsequent update...

Published 27 Mar, 2023 06:15am

Editorials

Height of irresponsibility

EDITORIAL: The way Pakistan’s nuclear programme has been dragged into the debate about the IMF (International...

Published 26 Mar, 2023 03:19am

Policy efforts, 9th review’s success: Timely external aid will be critical: IMF

ISLAMABAD: Timely financial assistance from external partners will be critical to support the Pakistani authorities’...

Updated 25 Mar, 2023 06:05pm

No requirement in Pakistan programme that interferes with polls: IMF

KARACHI: The International Monetary Fund (IMF) said on Thursday that decisions regarding the constitutionality,...

Updated 24 Mar, 2023 09:00am

Editorials

Bank borrowing

EDITORIAL: Bank deposits grew by 15 percent in one year to 22.92 trillion rupees in February 2023 compared to 19.91...

Published 16 Mar, 2023 06:01am

ADB Mission says IMF’s 9/10th review should stay on track

ISLAMABAD: While noting sluggish progress on two prior policy actions, an Asian Development Bank (ADB) Mission has...

Updated 15 Mar, 2023 09:18am

Editorials

IMF ninth review: inordinate delay

EDITORIAL: Finance minister Ishaq Dar while addressing a seminar titled ‘Revising economic stability through...

Published 13 Mar, 2023 06:15am

Business & Finance

Country to be on brink of default for foreseeable future: FPCCI

KARACHI: President of the FPCCI Irfan Iqbal Sheikh has stressed that it is the collective wisdom of the entire...

Published 10 Mar, 2023 03:46am

Editorials

What’s behind lower revenue collection?

EDITORIAL: The shortfall in Federal Board of Revenue’s (FBR’s) collection for the first eight months of the...

Published 10 Mar, 2023 03:46am

Business & Finance

Honda Atlas shuts plant till March 31 due to supply chain disruptions

Says restrictions on opening of Letters of Credit for import of CKD kits, raw materials and halting foreign payments have hit supply chain

Updated 08 Mar, 2023 01:20pm

PKR depreciation, borrowing: Debt stocks soar to Rs55trn by Jan-end

Most of the increase was recorded in external debt due to Pak rupee depreciation

Updated 08 Mar, 2023 12:43pm

SOEs: MoF prepares draft policy

ISLAMABAD: Ministry of Finance (MoF) has prepared a draft State-Owned Enterprises (SOEs) policy with technical...

Updated 07 Mar, 2023 08:48am

Policy rate hiked by 300bps to 20pc to tame inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key...

Updated 03 Mar, 2023 08:53am

Markets

SBP raises key interest rate by 300bps, takes it to 20%

Monetary Policy Committee expects inflation to rise further in the next few months
Also moves next MPC meeting to April 4 from April 27

Updated 02 Mar, 2023 09:20pm

Opinion

Past the point of no return!

For weeks noted economists and economic researchers have cited numerous indicators, like low foreign exchange...

Updated 02 Mar, 2023 06:51am

MPC to meet today

KARACHI: The emergent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be ...

Updated 02 Mar, 2023 09:13am

Pakistan not on IMF board’s agenda?

ISLAMABAD: The International Monetary Fund (IMF) Executive Board meeting scheduled for March 1 (today) will not...

Updated 01 Mar, 2023 09:08am

SBP decides to convene emergent MPC meeting this week

KARACHI: The State Bank of Pakistan (SBP) has decided to convene an emergency meeting of the Monetary Policy...

Updated 28 Feb, 2023 09:39am

Why IMF lending still stalled?

Reticence amongst some of the friendly countries in disbursing already pledged support and roll overs major reasons for the stalled ninth review of IMF

Updated 27 Feb, 2023 10:37am

IMF, not govt, responsible for stalled lending?

Ministry of Finance claims the government had been requesting IMF to send the mission since October, 2022

Updated 22 Feb, 2023 11:01am

Pakistan

'No subsidies for wealthy': IMF 'very clear', wants Pakistan's poor protected

Fund managing director Kristalina Georgieva says IMF asking for steps that Pakistan needs to take to be able to function as a country and not to get into a dangerous place where its debt needs to be restructured

Updated 20 Feb, 2023 04:52pm

US underscores need for undertaking economic reform

ISLAMABAD: The United States has asked Pakistan for undertaking economic reform and improving the regulatory...

Updated 18 Feb, 2023 08:57am

Business & Finance

Forex reserves move up by $162m

KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ...

Updated 17 Feb, 2023 06:38am

Opinion

Better late than never, or just too late?

Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading...

Published 16 Feb, 2023 06:08am

Pakistan’s external position under significant stress: Moody’s

ISLAMABAD: Pakistan’s external position is under significant stress following delays in securing official sector...

Updated 11 Feb, 2023 09:02am

SBP’s reserves slip to $3bn

KARACHI: The country’s total liquid foreign exchange reserves further fell by $711 million during last week due to...

Updated 03 Feb, 2023 08:54am

Officers dealing with IMF exempted from meetings at PMO

ISLAMABAD: The prime minister has exempted all officers dealing with the International Monetary Fund (IMF) from the...

Updated 02 Feb, 2023 09:17am

Govt team tries to persuade IMF to unlock lending

Fund asks Pakistan to withdraw untargeted subsidies, reduce circular debt and meet petroleum levy

Updated 01 Feb, 2023 01:18pm

Talks with IMF team: Doubts exist about Dar-led team’s capability

ISLAMABAD: The business community and agriculturalists have shown serious concerns over the capability of Finance...

Updated 31 Jan, 2023 09:03am

Crucial IMF talks begin today

ISLAMABAD: The International Monetary Fund (IMF) team arrived in Islamabad and formal talks on the 9th review of the...

Updated 31 Jan, 2023 09:06am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 31 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 31 Al-Abbas Sugar Mills Limited(AABS)	345.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 31 Allied Bank Limited(ABL)	61.80 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 31 Abbott Laboratories (Pakistan) Limited(ABOT)	411.94 ▼ 0.00 (0.00%)
Abson Ind. / Mar 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 31 Alfalah Consumer Index ETF.(ACIETF)	6.46 ▼ 0.00 (0.00%)
Attock Cement / Mar 31 Attock Cement Pakistan Limited(ACPL)	56.12 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 31 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 31 Al-Abbas Sugar Mills Limited(AABS)	345.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 31 Allied Bank Limited(ABL)	61.80 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 31 Abbott Laboratories (Pakistan) Limited(ABOT)	411.94 ▲ 0.00 (0.00%)
Abson Ind. / Mar 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 31 Alfalah Consumer Index ETF.(ACIETF)	6.46 ▲ 0.00 (0.00%)
Attock Cement / Mar 31 Attock Cement Pakistan Limited(ACPL)	56.12 ▲ 0.00 (0.00%)

Stock	Volume
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▲ 0.00
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,152,500 ▲ 0.00
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▲ 0.00
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.00
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	3,416,092 ▲ 0.00
Oil & Gas Dev. / Mar 31 Oil & Gas Development Company Limited(OGDC)	3,343,193 ▲ 0.00
Bankislami Pak. / Mar 31 BankIslami Pakistan Limited(BIPL)	2,894,500 ▲ 0.00
Maple Leaf Cement / Mar 31 Maple Leaf Cement Factory Limited(MLCF)	2,381,150 ▲ 0.00
Pak Petroleum / Mar 31 Pakistan Petroleum Limited(PPL)	2,371,780 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.94
USD to Swiss Franc / Mar 30	0.91
Pound Sterling to USD / Mar 30	1.24
Euro to USD / Mar 30	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
India Sensex / Mar 29	57960.09
S&P 500 / Mar 30	4050.83
Tokyo Nikkei / Mar 30	28030.26
Nasdaq / Mar 30	12013.47
Hang Seng / Mar 30	20675.05
FTSE 100 / Mar 30	7620.43
Dow Jones / Mar 30	32859.03
Germany DAX 30 / Mar 30	15522.40
France CAC40 / Mar 30	7263.37

Item	Value
Crude Oil USD/Barrel / Mar 30	74.42
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Gold Spot USD/Ounce / Mar 30	1982.35
Cotton US¢/pound / Mar 30	83.35

EFF

Most Popular Articles