Trends - Exchange rate - Business Recorder

Exchange rate

SBP rebuts claim capping dollar price caused $3bn loss in remittances, exports

Central bank says decline in Pakistan’s exports and remittances result of a number of exogenous factors and domestic reasons

Updated 29 Jan, 2023 10:56pm

Exchange rate: Removal of cap to inject stability into currency market: Bostan

KARACHI: The Chairman of Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan Friday said the...

Updated 28 Jan, 2023 12:35pm

Markets

New low: rupee closes at 262.6 against US dollar after 2.7% fall in inter-bank market

This is the currency's 28th successive loss in the inter-bank market
Depreciation in just two sessions crosses 12%

Updated 27 Jan, 2023 10:21pm

IMF team to arrive on 31st

ISLAMABAD: The International Monetary Fund (IMF) mission will visit Pakistan from January 31-February 9 to continue...

Updated 27 Jan, 2023 09:06am

Pakistan

PKR fall to set off huge economic ‘crisis’: PTI

ISLAMABAD: Accusing Finance Minister Ishaq Dar for the drastic decline of the rupee vis-à-vis the US dollar,...

Updated 27 Jan, 2023 09:06am

Editorials

Currencies: criticality of course correction

EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only...

Published 27 Jan, 2023 06:15am

SBP officials, ECAP leaders discuss USD supply

KARACHI: The State Bank of Pakistan (SBP) has assured dollar supply against export of other currencies to exchange...

Updated 26 Jan, 2023 10:46am

Markets

26th successive fall: rupee depreciates against US dollar

Currency loses Re0.49 to close at 230.89 in inter-bank market

Updated 25 Jan, 2023 11:02pm

PM acquiesces to IMF demands to unlock loan?

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday said the International Monetary Fund (IMF) has been given a clear...

Updated 25 Jan, 2023 08:50am

Editorials

Policy rate hiked to 17pc: will it work?

EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel...

Published 25 Jan, 2023 06:25am

Markets

25th consecutive decline: rupee depreciates against US dollar

Currency loses Re0.25 to close at 230.40 in inter-bank market

Updated 24 Jan, 2023 06:43pm

Editorials

Doesn’t Cabinet see the writing on the wall?

EDITORIAL: The writing on the wall has been made clear multiple times in recent months to the incumbent 11-party...

Published 24 Jan, 2023 06:06am

Markets

24th successive decline: rupee depreciates against US dollar, settles over 230

Currency loses Re0.48 to close at 230.15 in inter-bank market

Updated 23 Jan, 2023 10:01pm

Opinion

IMF – No half measures

Last week it appeared that the economic reality is finally sinking into the government high-ups. The statement of...

Updated 23 Jan, 2023 08:22am

Markets

23rd straight fall: rupee depreciates against US dollar, settles near 230

Currency loses Re0.52 to close at 229.67 in inter-bank market

Updated 20 Jan, 2023 06:43pm

Markets

22nd consecutive decline: rupee depreciates against US dollar

Currency loses Re0.24 to close at 229.15 in the inter-bank market

Updated 19 Jan, 2023 06:10pm

Markets

21st successive fall: rupee depreciates against US dollar

Currency loses Re0.25 to close at 228.91 in the inter-bank market

Updated 18 Jan, 2023 06:59pm

Remittances, export proceeds: ECAP seeks special exchange rate

KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has...

Updated 17 Jan, 2023 11:22am

Business & Finance

Jul-Dec remittances fall 11pc to $14.1bn YoY

KARACHI: Inflows of home remittances recorded a decline of 11 percent during the first half of this fiscal year...

Published 14 Jan, 2023 06:22am

Markets

18th straight loss: rupee falls marginally against US dollar

Currency loses Re0.01 to close at 228.15 in inter-bank market

Updated 13 Jan, 2023 09:02pm

Markets

17th successive decline: rupee continues to depreciate against US dollar

Currency loses Re0.21 to close at 228.14 in inter-bank market

Updated 12 Jan, 2023 06:20pm

IMF wants up to Rs7.50/unit power tariff raise

Seeks increase to recover over Rs 700 billion from consumers as previous commitments made by the government were not met

Updated 12 Jan, 2023 11:55am

Markets

16th successive decline: rupee dips further against US dollar

Currency loses Re0.05 to close at 227.93 in inter-bank market

Updated 11 Jan, 2023 06:52pm

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Markets

PKR declines 0.31pc

KARACHI: The rupee depreciated 0.31% against the US dollar in the inter-bank market, according to the State Bank of...

Updated 09 Jan, 2023 08:47am

Opinion

All roads lead to the Fund

The press release, subsequent to the two-day fortieth National Security Council (NSC) meeting, noted that ...

Published 09 Jan, 2023 06:01am

Markets

13th straight loss: rupee records marginal depreciation against US dollar

Currency down Re0.02 to close at 227.14 against dollar

Updated 06 Jan, 2023 07:32pm

Markets

12th consecutive fall: rupee records marginal loss against US dollar

Currency down Re0.17 to close at 227.12 against dollar

Updated 05 Jan, 2023 06:40pm

Markets

11th straight fall: rupee records marginal loss against US dollar

Currency down Re0.01 to close at 226.95 against dollar

Updated 04 Jan, 2023 06:10pm

Editorials

Analysing the inflationary spiral

EDITORIAL: December 2022 headline inflation (Consumer Price Index) rose by 24.5 percent as per the Pakistan Bureau ...

Published 04 Jan, 2023 06:02am

Gainers
Losers
Leaders

Stock	Price
JS Bank Ltd / Jun 2 JS Bank Limited(JSBL)	4.39 ▲ 0.31 (7.60%)
Cres.Star Ins. / Jun 2 Crescent Star Insurance Limited(CSIL)	1.43 ▲ 0.10 (7.52%)
AL-Noor Sugar / Jun 2 Al-Noor Sugar Mills Limited(ALNRS)	48.99 ▲ 3.42 (7.50%)
Bestway Cement / Jun 2 Bestway Cement Limited(BWCL)	151.58 ▲ 10.58 (7.50%)
Gatron Ind. / Jun 2 Gatron (Industries) Limited(GATI)	470.69 ▲ 32.84 (7.50%)
Pak Synthetics / Jun 2 Pakistan Synthetics Limited(PSYL)	48.45 ▲ 3.38 (7.50%)
Pak Int.Bulk / Jun 2 Pakistan International Bulk Terminal(PIBTL)	4.16 ▲ 0.24 (6.12%)
Exide (PAK) / Jun 2 Exide Pakistan Limited(EXIDE)	256.15 ▲ 13.15 (5.41%)
Mod.Al-Mali / Jun 2 Modaraba Al-Mali(MODAM)	4.10 ▲ 0.19 (4.86%)
United BankXD / Jun 2 United Bank Limited(UBL)	119.86 ▲ 5.06 (4.41%)

Stock	Price
Khyber Textile / Jun 2 Khyber Textile Mills Limited(KHYT)	582.75 ▼ -47.25 (-7.50%)
Pervez Ahmed Co / Jun 2 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.61 ▼ -0.04 (-6.15%)
AKD Securities / Jun 2 AKD Securities Limited(AKDSL)	20.51 ▼ -1.16 (-5.35%)
Tri-Star Power / Jun 2 Tri-Star Power Limited(TSPL)	10.55 ▼ -0.52 (-4.70%)
Sitara Peroxide / Jun 2 Sitara Peroxide Limited(SPL)	11.23 ▼ -0.46 (-3.93%)
Dewan Farooque Sp. / Jun 2 Dewan Farooque Spinning Mills Limited(DFSM)	2.50 ▼ -0.10 (-3.85%)
Jubile Life InsXD / Jun 2 Jubilee Life Insurance Company Limited(JLICL)	107.10 ▼ -3.89 (-3.50%)
Kohinoor Ind. / Jun 2 Kohinoor Industries Limited(KOIL)	7.25 ▼ -0.25 (-3.33%)
Reliance Ins. / Jun 2 Reliance Insurance Company Limited(RICL)	7.75 ▼ -0.25 (-3.12%)
Dandot Cement / Jun 2 Dandot Cement Company Limited(DNCC)	9.20 ▼ -0.29 (-3.06%)

Stock	Volume
Globe Residency / Jun 2 Globe Residency REIT(GRR)	10,809,000 ▲ 0.33
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	9,751,847 ▲ 0.00
Pak Int.Bulk / Jun 2 Pakistan International Bulk Terminal(PIBTL)	5,430,000 ▲ 0.24
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	5,281,287 ▼ -0.01
Gul Ahmed / Jun 2 Gul Ahmed Textile Mills Limited(GATM)	4,817,327 ▲ 0.81
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	4,031,577 ▼ -0.09
Pak Elektron / Jun 2 Pak Elektron Limited(PAEL)	3,976,718 ▼ -0.01
Maple Leaf Cement / Jun 2 Maple Leaf Cement Factory Limited(MLCF)	3,969,700 ▲ 0.19
Nishat Power / Jun 2 Nishat Power Limited(NPL)	3,668,458 ▲ 0.17
Agritech Limited / Jun 2 Agritech Limited(AGL)	3,412,000 ▲ 0.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 2	285.40
USD PKR Interbank Buying / Jun 2	285.20
USD to Japanese Yen / Jun 2	138.86
USD to Swiss Franc / Jun 2	0.90
Pound Sterling to USD / Jun 2	1.25
Euro to USD / Jun 2	1.08
UK LIBOR % / Jun 1	5.06

Stock	Volume
S&P 500 / Jun 1	4221.02
Nasdaq / Jun 1	13100.98
FTSE 100 / Jun 1	7490.27
Dow Jones / Jun 1	33061.57
Germany DAX 30 / Jun 1	15853.66
France CAC40 / Jun 1	7137.43
India Sensex / Jun 2	62684.71
Tokyo Nikkei / Jun 2	31478.64
Hang Seng / Jun 2	18883.22

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 1	20235
Gold 10 Grams PKR / Jun 1	196331
Crude Oil USD/Barrel / Jun 2	70.50
Gold Spot USD/Ounce / Jun 2	1980.59
Cotton US¢/pound / Jun 2	81.60

Exchange rate

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