Trends - foreign currency reserves

foreign currency reserves

LCs: steel sector says facing dire situation

ISLAMABAD: The steel industry is facing a critical situation as the State Bank of Pakistan (SBP) is still not...

Updated 31 Jan, 2023 08:58am

Food inflation highest in South Asia after Sri Lanka: World Bank

ISLAMABAD: The consumer price inflation for food items in Pakistan was 35.5 per cent in December on year-on-year...

Updated 19 Jan, 2023 08:41am

Opinion

Managing sovereign default

Nations can and do periodically default on their sovereign debt, despite the fact that they do so comparatively...

Updated 13 Jan, 2023 07:41am

Markets

SBP-held foreign exchange reserves fall another $15mn, now stand at $6.7bn

Reserves at their lowest level since January 2019

Published 15 Dec, 2022 07:42pm

Markets

PKR registers minor appreciation

KARACHI: The rupee registered minor depreciation across all five sessions during the previous week to end with a...

Published 12 Dec, 2022 06:07am

Editorials

Elections in June 2023?

EDITORIAL: In our disorderly national politics not everything is what meets the eye. The ruling PDM (Pakistan...

Updated 09 Dec, 2022 06:42am

Markets

SBP review of sale, purchase deals: Increased FX income of banks driven by higher spread, Senate panel told

ISLAMABAD: The review of sale/purchase transactions of inspected banks suggested that the overall increase in ...

Updated 13 Nov, 2022 09:25am

Opinion

‘Environmentally sustainable’ bonds

Pakistan faces a significant challenge to finance its large trade deficits and external debt repayments. This is...

Published 03 Oct, 2022 06:16am

SFD confirms one-year extension of $3bn deposit

KARACHI: The Saudi Fund for Development (SFD) on Sunday confirmed the rollover of $3 billion deposits with Pakistan...

Updated 19 Sep, 2022 09:25am

Markets

Russia may buy ‘friendly’ countries’ currencies to weaken rouble

MOSCOW: Russia may start buying the currencies of “friendly countries” and use those holdings to influence the...

Updated 29 Jun, 2022 05:31pm

Combined 7th, 8th reviews: MEFP received from IMF, says Miftah

ISLAMABAD: Finance Minister Miftah Ismail has stated that Pakistan has received a memorandum of economic and...

Updated 29 Jun, 2022 09:38am

Markets

Alarm bells: SBP-held foreign currency reserves fall to $9.72bn

Fall $366mn on a weekly basis due to external debt repayment
Total reserves held by country stand at $15.77 billion as of May 27

Published 02 Jun, 2022 08:47pm

Markets

SBP-held foreign exchange reserves fall another $190mn, now stand at $10.31bn

Total reserves held by Pakistan stand at $16.38bn

Published 12 May, 2022 10:36pm

Business & Finance

Berlin ‘open’ to seizing Russian central bank assets for Ukraine

BERLIN: German Finance Minister Christian Lindner said Wednesday he was “open” to a discussion about ...

Published 12 May, 2022 05:40am

Markets

SBP-held foreign exchange reserves fall another $59mn, now stand at $10.5bn

Total liquid foreign reserves held by the country stood at $16.55 billion as of 30-April-2022

Published 06 May, 2022 08:54pm

Business & Finance

KCCI says it’s concerned at protracted PKR slide

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) president Muhammad Idrees, while expressing deep concerns...

Published 19 Mar, 2022 04:42am

Russia counts on ties with China

LONDON: Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from ...

Updated 14 Mar, 2022 03:51pm

Opinion

Afghan economy collapsing

Afghanistan is running out of money fast, its currency is in a tail-spin and prices across the board are going...

Published 03 Nov, 2021 03:54am

Pakistan

PM thanks Saudi Crown Prince for financial support

ISLAMABAD: Prime Minister Imran Khan on Wednesday has thanked Crown Prince Mohammed bin Salman following the Saudi...

Published 28 Oct, 2021 04:06am

Markets

US dollar share of global FX reserves steady at 59.2% in Q2: IMF data

The dollar index fell nearly 1% in the second quarter after gains of 3.6% in the first. In the third quarter, the dollar is on track to post a 2.1% rise

Published 30 Sep, 2021 08:19pm

Business & Finance

SBP's foreign exchange reserves hit record high at $20.15 billion

Increase comes on back of IMF's new SDR allocation

Published 02 Sep, 2021 08:23pm

Forex reserves cross $24bn mark

KARACHI: Pakistan’s total liquid foreign currency reserves crossed the $24 billion mark during last week supported...

Published 09 Jul, 2021 03:17am

World

Lebanon approves ration card to replace subsidies

BEIRUT: Lebanon’s parliament Wednesday approved ration cards for the poorest to cushion the gradual collapse of...

Published 01 Jul, 2021 04:10am

Business & Finance

Lebanon's Central Bank calls for targeting subsidies

The bank reiterated that it would not use mandatory reserves to fund subsidies, which currently cost around $6 billion a year.
Lebanon's hard currency reserves have slumped from over $30 billion in late 2019 to just over $15 billion in March.

Updated 16 Jun, 2021 07:57pm

Business & Finance

Turkish lira hits record low

ISTANBUL: Turkey's lira hit a record low on Friday as concerns over global inflation, an early election and a...

Published 29 May, 2021 03:59am

Business & Finance

Egypt's net foreign reserves rise to $40.063bn in December

Foreign reserves had dropped since March from a high of more than $45 billion.

Updated 05 Jan, 2021 06:24pm

Business & Finance

Pakistan's Total Liquid Foreign Reserves Reach US$ 20.25bn: SBP

Pakistan's total liquid foreign reserves stand at US$ 20.25 billion as of December 24, 2020, as reported by the State Bank of Pakistan.

Updated 31 Dec, 2020 05:59pm

Markets

China Nov FX reserves climb to 4-year high as yuan firms

The rise in China's reserves was due to the dollar's fall against other major currencies, and rises in global stocks and bonds, the foreign exchange regulator said in a statement.

Published 07 Dec, 2020 04:56pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Jun 8 Security Investment Bank Limited(SIBL)	5.03 ▲ 1.00 (24.81%)
Zephyr Textile / Jun 8 Zephyr Textiles Limited(ZTL)	9.98 ▲ 0.98 (10.89%)
Haseeb Waqas / Jun 8 Haseeb Waqas Sugar Mills Limited(HWQS)	5.50 ▲ 0.53 (10.66%)
Hussain Industries / Jun 8 Husein Industries Limited(HUSI)	12.55 ▲ 1.00 (8.66%)
Kohinoor Mills / Jun 8 Kohinoor Mills Limited(KML)	52.68 ▲ 3.68 (7.51%)
Colgate Palm / Jun 8 Colgate-Palmolive (Pakistan) Limited(COLG)	1801.55 ▲ 125.69 (7.50%)
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	281.39 ▲ 19.63 (7.50%)
Khyber Tobacco / Jun 8 Khyber Tobacco Company Limited(KHTC)	489.02 ▲ 34.12 (7.50%)
Sunrays Textile / Jun 8 Sunrays Textile Mills Limited(SUTM)	123.63 ▲ 8.63 (7.50%)
Bunnys Limited / Jun 8 Bunnys Limited(BNL)	16.23 ▲ 1.13 (7.48%)

Stock	Price
Century Paper / Jun 8 Century Paper & Board Mills Limited(CEPB)	30.86 ▼ -24.67 (-44.43%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.47 ▼ -0.13 (-21.67%)
Sindh Modaraba / Jun 8 Sindh Modaraba(SINDM)	7.20 ▼ -1.00 (-12.20%)
Pak Gulf Leasing / Jun 8 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▼ -0.84 (-11.37%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.59 ▼ -0.06 (-9.23%)
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	3.53 ▼ -0.35 (-9.02%)
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	5.65 ▼ -0.55 (-8.87%)
JDW Sugar / Jun 8 JDW Sugar Mills Limited(JDWS)	370 ▼ -34.00 (-8.42%)
Bilal Fibres / Jun 8 Bilal Fibres Limited(BILF)	2.25 ▼ -0.19 (-7.79%)
Pak Leather / Jun 8 Pak Leather Crafts Limited(PAKL)	13.18 ▼ -1.07 (-7.51%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,537 ▼ -0.04
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	28,717,723 ▲ 0.73
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,584,665 ▼ -0.31
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,416,500 ▼ -0.18
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	15,277,141 ▼ -0.20
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	11,614,238 ▼ -0.31
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,759 ▼ -0.48
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,934,796 ▼ -4.26
Fauji Foods Ltd / Jun 8 Fauji Foods Limited(FFL)	9,822,229 ▼ -0.11
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	8,850,000 ▼ -0.35

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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