Trends - Exchange rate - Business Recorder

Exchange rate

Exchange rate volatility and exports

The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is...

Published 03 Aug, 2022 05:50am

Markets

Third successive gain: Rupee appreciates 0.19% against US dollar

Closes at 238.38 in inter-bank market on Tuesday

Updated 02 Aug, 2022 07:35pm

Business & Finance

Inflation may cross decade-high level of 25pc: BMP

LAHORE: Under the domino effect of dollarization, the skyrocketing inflation, which is already in the midst of a...

Published 01 Aug, 2022 05:54am

Country on the brink of collapse: APTMA

KARACHI: Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising...

Updated 30 Jul, 2022 09:43am

Pakistan

Facing production issues, Indus Motor Company offers refunds to its customers

CEO Ali Asghar Jamali says entire auto industry has scaled back production

Published 25 Jul, 2022 05:54pm

Markets

Alarm bells: SBP-held foreign exchange reserves down $389mn, now stand at $9.33bn

Fall attributed to external debt repayments, says central bank

Published 21 Jul, 2022 08:43pm

Markets

Fresh record low: Rupee plummets, closes at 215.2 against US dollar

Depreciation of nearly 2% comes despite IMF's staff-level agreement as market thrown into uncertainty over political developments

Updated 18 Jul, 2022 07:13pm

IMF explains how country can realise its export potential

Pakistan needs proactive policies – exchange rate flexibility, efficient allocation of resources, elimination of untargeted subsidies, and creating a conducive business environment, says Resident Representative Esther Perez

Updated 07 Jul, 2022 11:11am

Markets

Rupee gains for 2nd successive session, closes near 205 against dollar

IMF developments and expectations of extension in oil credit facility from Saudi Arabia boost local currency

Updated 29 Jun, 2022 07:18pm

Markets

Rupee depreciates marginally against US dollar

Closes at 207.94 in inter-bank market on Monday

Updated 27 Jun, 2022 07:30pm

Markets

Rupee ends lower against US dollar after intra-day improvement

Hype over progress with IMF fails to stop rupee's slide, currency depreciates for 9th successive session

Updated 22 Jun, 2022 06:48pm

Markets

Pakistani Rupee Asia's worst-performing currency during 2022

The PKR has depreciated 16.5% against the US dollar since December 31, 2021

Published 21 Jun, 2022 07:49pm

Markets

Rupee tumbles to all-time low as US dollar strengthens globally

Local currency closes at 206.46 against dollar
Global markets are pricing in an outsized 75-basis-point interest rate hike by US Federal Reserve
In Pakistan, a stalled IMF programme is also causing distress

Updated 15 Jun, 2022 07:04pm

Markets

After hitting record low, rupee gains against US dollar in inter-bank market

Appreciates Rs1.31 to close at 201.52 on Wednesday

Updated 08 Jun, 2022 08:29pm

Markets

Rupee's winning streak against US dollar comes to an end amid negative economic developments

Currency appreciated for five successive sessions in inter-bank market before losing value on Friday

Updated 03 Jun, 2022 08:15pm

Opinion

The rising public debt burden

The public debt of Pakistan consists of the domestic and external debt of the government plus debt owed to the IMF...

Published 24 May, 2022 05:35am

Markets

Treasury's Yellen says US committed to market-determined exchange rate

BONN: US Treasury Secretary Janet Yellen said on Wednesday the United States was committed to a market-determined...

Published 18 May, 2022 08:13pm

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

Business & Finance

Rouble weakens after hitting 5-year high vs euro

MOSCOW: The Russian rouble weakened on Friday after rallying past 63 per dollar in Moscow for the first time since...

Published 16 May, 2022 05:42am

Business & Finance

Traders see a method to Turkish lira’s recent slide

ANKARA: A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new...

Published 13 May, 2022 05:59am

Markets

Pakistan Stock Exchange: NIT MD lists reasons behind a bumpy ride

KARACHI: Around 5 years ago, investors at the Pakistan Stock Exchange (PSX) rejoiced as the KSE-100 – widely seen...

Updated 12 May, 2022 11:37am

Markets

Another record low: Rupee crosses 190 as currency's ride into oblivion continues

Closes at 190.02 after a day-on-day fall of 0.72%

Updated 11 May, 2022 04:38pm

Business & Finance

Honda Atlas increases car prices, delivery time for higher-end Civic stays at nearly 12 months

Company cites 'further increase in FOREX' as reason for passing on impact to the market

Published 01 May, 2022 06:49pm

Markets

Back to losses: Rupee depreciates 0.23% against US dollar

Closes near 186 in inter-bank market on Thursday

Updated 28 Apr, 2022 05:41pm

Pakistan

IMF says Pakistan needs to reduce its current account deficit

Fund official says team will assess policy priorities of the new government and economic impact in the context of the war in Ukraine

Updated 27 Apr, 2022 06:26pm

Markets

Rupee posts marginal gain against US dollar

Appreciates to 185.45 in inter-bank market on Wednesday

Updated 27 Apr, 2022 06:24pm

Markets

Rupee posts back-to-back gains against US dollar

Appreciates to 185.62 in inter-bank market on Tuesday

Updated 26 Apr, 2022 05:30pm

Markets

IMF-Pakistan talks help rupee gain against US dollar

Closes at 186.05 in inter-bank market on Monday

Updated 25 Apr, 2022 05:30pm

Markets

Rupee's losing streak ends, currency appreciates 0.14% against USD

Gains 27 paisas in inter-bank market on Friday

Updated 22 Apr, 2022 08:21pm

Markets

Third-successive fall: Rupee slumps yet again against US dollar

Closes at 185.92, depreciating 0.80% in the inter-bank market

Updated 20 Apr, 2022 09:15pm

Gainers
Losers
Leaders

Stock	Price
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Invest Bank / Sep 28 Invest Capital Investment Bank Limited(ICIBL)	1.12 ▲ 0.07 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.25 ▲ 0.07 (5.93%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)
EFU General / Sep 28 EFU General Insurance Limited(EFUG)	89.50 ▲ 4.65 (5.48%)
Ist.Capital Sec / Sep 28 First Capital Securities Corporation(FCSC)	0.98 ▲ 0.05 (5.38%)
Habib Rice Products / Sep 28 Habib Rice Product Limited(HRPL)	39.50 ▲ 2.00 (5.33%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	1.72 ▼ -0.68 (-28.33%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	388.88 ▼ -50.61 (-11.52%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	15.90 ▼ -0.79 (-4.73%)
At-Tahur Ltd. / Sep 28 At-Tahur Limited(PREMA)	14.96 ▼ -0.74 (-4.71%)
First Prudential Mod. / Sep 28 First Prudential Modaraba(PMI)	1.58 ▼ -0.06 (-3.66%)
Attock Petroleum / Sep 28 Attock Petroleum Limited(APL)	292 ▼ -9.97 (-3.30%)
TPL Trakker Ltd / Sep 28 TPL Trakker Limited(TPLT)	7.19 ▼ -0.21 (-2.84%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.12
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.19
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.01
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.11
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.09
Agritech Limited / Sep 28 Agritech Limited(AGL)	6,728,500 ▲ 0.36
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.00
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.22
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.06
Sui North Gas / Sep 28 Sui Northern Gas Pipelines Limited(SNGP)	5,152,021 ▼ -0.03

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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