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finance minister

Capital market: DFIs can be potential drivers of growth: Shamshad

ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar Thursday said the Development Finance...

Updated 10 Nov, 2023 08:44am

Pakistan

Dr Shamshad vows all obligations, including those with IMF, will be fulfilled

Statement from Finance Division comes as caretaker minister assumes charge on Thursday

Published 17 Aug, 2023 10:50pm

Ex-governor of SBP Akhtar appointed finance minister

KARACHI: Former governor of the State Bank of Pakistan (SBP) Dr Shamshad Akhtar has been appointed caretaker finance...

Updated 17 Aug, 2023 10:11am

Pakistan

Pakistan’s caretaker finance minister Dr Shamshad Akhtar: a brief profile

Seasoned economist Dr Shamshad Akhtar has been appointed as the caretaker finance minister on Wednesday following...

Updated 16 Aug, 2023 09:35pm

Senior officers of IR, Customs: Dar declines to share assets’ details

ISLAMABAD: Finance Minister Ishaq Dar has declined to share with the upper house of the Parliament the assets’...

Updated 26 Jul, 2023 09:37am

Inflation: ECC approves Rs4bn TSG for defence forces

ISLAMABAD: As the country’s inflation is at an all-time high, the Economic Coordination Committee (ECC) has approved...

Updated 27 May, 2023 08:45am

Pakistan

IMF official has expressed confidence SLA will be signed soon, says Pakistan's Finance Division

Statement comes after Finance Minister Ishaq Dar attends IMF-World Bank spring meetings virtually from Islamabad

Updated 12 Apr, 2023 11:14pm

Pakistan

Pakistan should prioritise population planning, female education: Miftah Ismail

Former finance minister says Bangladesh, Egypt and Tunisia succeeded in implementing population planning

Updated 04 Mar, 2023 06:55pm

Pakistan

Additional inflow of $500mn from China expected in few days, says Dar

Finance minister says ICBC has rolled over $1.3bn-facility, reiterates Pakistan will not default; blames Imran Khan for country's current economic state

Updated 03 Mar, 2023 06:42pm

Pakistan

Finance Minister Ishaq Dar meets IMF delegation in Geneva

Finance Minister reiterates commitment to complete the programme

Published 09 Jan, 2023 09:35pm

Markets

Rupee continues to struggle, settles at 224.70 against US dollar

Currency settles with a 0.02% decline in inter-bank market

Updated 13 Dec, 2022 06:18pm

Pakistan

KP minister reacts sharply to Dar’s statement about state of economy

PESHAWAR: Finance Minister of Khyber Pakhtunkhwa Taimur Saleem Jhagra has reacted sharply to a video statement of...

Published 21 Nov, 2022 05:59am

Business & Finance

Export demand: Dar to meet owners of sugar mills

ISLAMABAD: Finance Minister Ishaq Dar will hold a meeting with sugar mill owners today (Monday) to mull over the...

Published 21 Nov, 2022 05:59am

ECC allows TCP to import urea from China, Azerbaijan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the import of 125,000 metric tons of...

Updated 19 Nov, 2022 09:56am

Business & Finance

NA informed: $5.66bn foreign loan, aid received

ISLAMABAD: The National Assembly was informed on Friday that the total amount of foreign loans and aid received by...

Updated 19 Nov, 2022 10:15am

Targeted assistance: IMF appears ready to take the long view

Talks on 9th review of International Monetary Fund Enhanced Fund Facility further delayed

Updated 18 Nov, 2022 09:54am

Pakistan

Dar briefed on Mera Pakistan Mera Ghar scheme

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting on Mera Pakistan...

Published 17 Nov, 2022 07:41am

PSM to get Rs1.26bn to foot the bill for gas

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved release of funds amounting to Rs1.258...

Updated 16 Nov, 2022 10:22am

HSD: ECC allows increase in premium

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed increase in premium on high-speed...

Updated 15 Nov, 2022 09:41am

Editorials

Forex reserves

EDITORIAL: The drop in foreign exchange reserves to $7.96 billion, as of 4 November 2022, must be disconcerting for...

Published 15 Nov, 2022 05:52am

Pakistan-Russia oil deal soon, says Dar

ISLAMABAD: Finance Minister Ishaq Dar has listed the coalition government’s feats in resolving the oil-related...

Updated 14 Nov, 2022 10:11am

Editorials

Sharia-compliant desperation

EDITORIAL: Finance Minister Ishaq Dar’s decision to give the economy a no-interest, sharia-compliant makeover by...

Updated 12 Nov, 2022 06:53am

9th IMF review: Framework yet to be finalized

IMF and Finance Division have yet to agree on starting date for negotiations

Updated 11 Nov, 2022 09:27am

Editorials

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Samba Bank / Nov 29 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 29 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 29 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Sardar Chemical / Nov 29 Sardar Chemical Industries Limited(SARC)	25.80 ▼ -2.00 (-7.19%)
Asim Textile / Nov 29 Asim Textile Mills Limited(ASTM)	13 ▼ -1.00 (-7.14%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.06
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.01
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.21
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.06
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.02
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	24,876,099 ▼ -0.12
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.24
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.23
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.48
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.89

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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