Trends - Exchange rate - Business Recorder

Exchange rate

Rupee remains relatively stable, settles at 283.92 against US dollar

Currency registers depreciation of 0.03%

Updated 02 May, 2023 08:18pm

Hike in prices of essential drugs approved by ECC

ECC approves Ministry of National Health Services summary for an increase based on the recommendations of the Policy Board of DRAP in the wake of the devaluation of the rupee and inflation

Updated 29 Apr, 2023 11:37am

Business & Finance

Forex reserves cross $10bn mark

KARACHI: The country’s total liquid foreign exchange reserves crossed the $ 10 billion mark at the end of last...

Published 28 Apr, 2023 06:08am

Markets

Rupee falters, settles at 283.92 against US dollar

Currency depreciates 0.19% in inter-bank market

Updated 27 Apr, 2023 05:46pm

Auction for CDA plots: Investors making payments in USD to get incentives: Dar

ISLAMABAD: Finance Minister Ishaq Dar has directed that for the auction of the Capital Development Authority (CDA)...

Updated 27 Apr, 2023 11:32am

Editorials

C/A surplus: little to celebrate?

EDITORIAL: The country registered a current account surplus of 654 million dollars for March 2023 — the first...

Updated 28 Apr, 2023 12:35am

Markets

Rupee remains largely stable against US dollar in post-Eid session

Currency appreciates 0.03% in inter-bank market

Updated 26 Apr, 2023 08:21pm

Opinion

Options to address rising inflation

The SBP (State Bank of Pakistan) is trying to check inflation through just one instrument, the interest rate, based...

Published 26 Apr, 2023 06:15am

Markets

PKR appreciates 0.33pc

KARACHI: The rupee appreciated 0.33% during the four-session previous week, closing at 283.47 against the US dollar...

Published 26 Apr, 2023 06:15am

Business & Finance

Forex reserves up by $400m

KARACHI: The country’s total liquid foreign exchange reserves rose by $ 400 million during the last week due to...

Updated 21 Apr, 2023 08:52am

Markets

Rupee gains momentum, settles at 283.47 against US dollar

Currency appreciates 0.15% in inter-bank market

Updated 20 Apr, 2023 07:20pm

Business & Finance

C/A posts $654m surplus in March

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Published 20 Apr, 2023 06:30am

Markets

Rupee stays stable against US dollar, settles at 283.89

Currency registers a gain of Re0.01 in the inter-bank market

Updated 19 Apr, 2023 06:27pm

Opinion

Remittances: boon or bane for growth?–I

Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a...

Published 19 Apr, 2023 06:36am

Markets

Rupee regains winning momentum, settles at 283.9 against US dollar

Currency appreciates 0.29% in inter-bank market

Updated 18 Apr, 2023 07:26pm

Markets

PKR declines only marginally

KARACHI: Helped by recovery on the final two days, the rupee depreciated a marginal 0.09% against the US dollar...

Published 17 Apr, 2023 06:41am

Opinion

Shift away from USD picking up the pace

The mighty US dollar that reigned supreme for several decades is witnessing a challenge to its dominance. There is a...

Updated 15 Apr, 2023 07:33am

Business & Finance

SBP chief speaks to global investors, fund managers

KARACHI: Governor SBP Jameel Ahmad met key international investors and fund managers in an event organized by...

Published 15 Apr, 2023 06:19am

Markets

Rupee claws back further ground, settles at 284.4 against US dollar

Currency appreciates 0.18% in the inter-bank market

Updated 14 Apr, 2023 06:31pm

Opinion

Disastrous year under the PDM

Pakistan’s economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy...

Updated 14 Apr, 2023 07:05am

Editorials

IMF bailout in sight: misplaced optimism?

EDITORIAL: A statement issued by the Ministry of Finance has revealed that the economic team led by Finance Minister...

Updated 14 Apr, 2023 06:49am

Markets

Rupee maintains upward trend against US dollar, settles at 284.91

Currency appreciates 0.6% in the inter-bank market

Updated 13 Apr, 2023 06:17pm

Opinion

Resilience, helplessness or loss of trust?–I

The Pakistanis are battling an inflation rate of over 35 percent, a policy rate of 21 percent, depletion in value of...

Updated 13 Apr, 2023 07:20am

Editorials

Rise in workers’ remittances

EDITORIAL: The State Bank of Pakistan (SBP) website notes a rise in March 2023 remittances to 2.532 billion dollars...

Updated 13 Apr, 2023 07:06am

Markets

Rupee recovers ground against US dollar, settles at 286.62

Currency registers 0.63% gain in the inter-bank market

Updated 12 Apr, 2023 10:21pm

Markets

Rupee plunges to new all-time low against US dollar

Currency closes at 288.43 in inter-bank market

Updated 11 Apr, 2023 07:24pm

Business & Finance

March workers’ remittances hit 7-month high of $2.5bn

KARACHI: Pakistan received seven months’ high $2.5 billion home remittances during March 2023, mainly due to rise in...

Published 11 Apr, 2023 03:44am

Markets

Rupee struggles against US dollar, settles at 287.09

Currency losses Rs2.44 or 0.85% in inter-bank trading

Updated 10 Apr, 2023 07:18pm

Business & Finance

BMP exhorts govt to review economic policies

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) stressed need for...

Published 10 Apr, 2023 06:45am

Markets

Rupee falls slightly against US dollar

Local currency recovered during early hours

Updated 07 Apr, 2023 11:29pm

Gainers
Losers
Leaders

Stock	Price
Jubilee Spinning / Dec 7 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	7.80 ▲ 1.00 (14.71%)
F.Credit & Inv / Dec 7 First Credit and Investment Bank Limited(FCIBL)	7.25 ▲ 0.84 (13.10%)
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	3.97 ▲ 0.45 (12.78%)
Bilal Fibres / Dec 7 Bilal Fibres Limited(BILF)	2.91 ▲ 0.31 (11.92%)
Dawood Equities / Dec 7 Dawood Equities Limited(DEL)	6.98 ▲ 0.68 (10.79%)
Popular Islamic / Dec 7 Popular Islamic Modaraba(PIM)	11.50 ▲ 1.00 (9.52%)
Al-Shaheer Corp / Dec 7 Al Shaheer Corporation Limited(ASC)	11.52 ▲ 1.00 (9.51%)
Agritech Limited / Dec 7 Agritech Limited(AGL)	12.52 ▲ 1.00 (8.68%)
Bela Auto / Dec 7 Bela Automotives Limited(BELA)	12.53 ▲ 1.00 (8.67%)
Bank Makramah / Dec 7 Bank Makramah Limited(BML)	2.40 ▲ 0.19 (8.60%)

Stock	Price
Unicap Modaraba / Dec 7 Unicap Modaraba(UCAPM)	1.70 ▼ -0.29 (-14.57%)
Pak Gulf Leasing / Dec 7 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -1.00 (-13.33%)
Bawany Air Products / Dec 7 Bawany Air Products Limited(BAPL)	10.53 ▼ -0.97 (-8.43%)
Land Mark Spinning / Dec 7 Landmark Spinning Industries Limited(LMSM)	15.23 ▼ -1.24 (-7.53%)
Crescent Fib. / Dec 7 Crescent Fibres Limited(CFL)	80.02 ▼ -6.49 (-7.50%)
National Silk / Dec 7 The National Silk & Rayon Mills Limited(NSRM)	30.36 ▼ -2.46 (-7.50%)
Otsuka Pakistan / Dec 7 Otsuka Pakistan Limited(OTSU)	149.23 ▼ -12.10 (-7.50%)
Pak Engineering / Dec 7 Pakistan Engineering Company Limited(PECO)	508.75 ▼ -41.25 (-7.50%)
Shezan Inter. / Dec 7 Shezan International Limited(SHEZ)	132.10 ▼ -10.71 (-7.50%)
Frontier Ceram / Dec 7 Frontier Ceramics Limited(FRCL)	17.90 ▼ -1.45 (-7.49%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	244,993,958 ▲ 0.45
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	98,453,132 ▲ 0.20
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	60,160,000 ▲ 0.16
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	58,797,833 ▲ 0.06
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	42,648,059 ▲ 2.06
P.T.C.L. / Dec 7 Pakistan Telecommunication Company Ltd(PTC)	42,592,000 ▲ 0.57
Pak Elektron / Dec 7 Pak Elektron Limited(PAEL)	42,440,851 ▲ 1.41
Hum Network / Dec 7 Hum Network Limited(HUMNL)	40,021,000 ▲ 0.02
TPL Properties / Dec 7 TPL Properties Limited(TPLP)	35,956,082 ▲ 1.02
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,324,615 ▼ -0.23

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 7	284.53
USD PKR Interbank Buying / Dec 7	284.03
USD to Japanese Yen / Dec 7	146.80
USD to Swiss Franc / Dec 7	0.88
Pound Sterling to USD / Dec 7	1.25
Euro to USD / Dec 7	1.08
UK LIBOR % / Dec 6	5.47

Stock	Volume
S&P 500 / Dec 6	4549.34
Nasdaq / Dec 6	14146.71
Dow Jones / Dec 6	36054.43
India Sensex / Dec 7	69549.02
Tokyo Nikkei / Dec 7	32831.35
Hang Seng / Dec 7	16268.89
FTSE 100 / Dec 7	7485.25
Germany DAX 30 / Dec 7	16619.17
France CAC40 / Dec 7	7428.09

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 6	17235
Gold 10 Grams PKR / Dec 6	186986
Crude Oil USD/Barrel / Dec 7	69.77
Gold Spot USD/Ounce / Dec 7	2026.24
Cotton US¢/pound / Dec 7	79.89

Calculate your monthly liability in FY24

Exchange rate

Most Popular Articles