Trends - foreign debt - Business Recorder

foreign debt

Shamshad says not in position to entertain any expenditure request

ISLAMABAD: Caretaker Finance Minister, Dr Shamshad Akhtar, has said that lack of fiscal discipline, increasingly...

Updated 04 Sep, 2023 09:41am

Markets

Sri Lanka to unveil domestic debt restructuring strategy this week

COLOMBO: Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P....

Published 25 Jun, 2023 10:49pm

Opinion

A catch-22 situation

Pakistan has got itself fully trapped in a catch-22 situation, which is an impossible predicament where you are...

Published 03 Jun, 2023 03:52am

Business & Finance

Business community worried over policy rate hike

KARACHI: Leaders and members of the United Business Group (UBG) have expressed their serious concern over the policy...

Published 29 Nov, 2022 07:00am

Around $17bn foreign debt incurred in FY22

Around $4.9 billion was taken from foreign commercial banks

Updated 26 Jul, 2022 10:00am

Opinion

Stop ‘subsidising’ banks and others

There are several indices that are used across the free world that rank individual countries on measures of economic...

Published 21 Jul, 2022 05:40am

Business & Finance

Foreign debt of $13.539bn incurred in 11 months

ISLAMABAD: Pakistan incurred foreign debt of $13.539 billion from multiple financing sources in the first 11 months...

Updated 29 Jun, 2022 10:30am

Pakistan

NA approves charged expenditure worth Rs27.886trn

ISLAMABAD: The National Assembly on Monday approved charged expenditure worth Rs27.886 trillion included in Demands...

Published 28 Jun, 2022 06:10am

World

India rushes food, medicine to bankrupt Sri Lanka

COLOMBO: Sri Lanka accepted a rice and pharmaceuticals shipment from neighbouring India Friday as the island nation...

Published 25 Jun, 2022 01:01am

Pakistan

Increased petrol prices to save economy: PM Shehbaz

Says people are facing inflation and unemployment due to flawed policies of PTI government

Published 29 May, 2022 07:51pm

Over $13bn debt incurred in 10 months: EAD

External inflows during the corresponding period (July-April) of fiscal year 2020-21 were $10.195 billion

Updated 24 May, 2022 09:55am

PTI govt procured $52bn loans; $36.05bn was repaid

In contrast, PML-N retired $27.07b in five years with borrowings clocking in at $49.76 billion

Updated 16 May, 2022 11:17am

Business & Finance

July-March 2021-22: Country incurs foreign debt of $12.767bn

ISLAMABAD: Pakistan incurred foreign debt of US 12.767 billion dollars from multiple financing sources in the first...

Published 21 Apr, 2022 05:26am

World

Bankrupt Sri Lanka begs diaspora to send cash

COLOMBO: Sri Lanka on Wednesday urged its citizens overseas to send home money to help pay for desperately needed...

Published 14 Apr, 2022 04:55am

World

Bankrupt Sri Lanka asks citizens abroad to send home cash

COLOMBO: Sri Lanka urged its citizens overseas to send home money to help pay for desperately needed food and fuel...

Updated 13 Apr, 2022 01:28pm

Opinion

Rising economic difficulties

At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is ...

Published 08 Apr, 2022 05:28am

Business & Finance

Crisis-hit Sri Lanka seeks further $1bn credit line from India

COLOMBO: Sri Lanka has sought an additional credit line of $1 billion from India to import essentials amid its worst...

Published 29 Mar, 2022 05:49am

Business & Finance

$12.178bn foreign debt incurred in first 8 months of FY22

ISLAMABAD: Pakistan incurred foreign debt of $12.178 billion from multiple financing sources in the first eight...

Updated 26 Mar, 2022 10:48am

World

Sri Lanka restricts ‘luxuries’ as forex crisis worsens

COLOMBO: Sri Lanka on Wednesday tightened restrictions on a wide range of imports from whisky to kitchen appliances...

Published 10 Mar, 2022 06:30am

Business & Finance

Moody’s cuts Russia rating to Ca on rise in default risk

LONDON: Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing...

Published 07 Mar, 2022 06:07am

Business & Finance

IMF urges Sri Lanka to raise taxes, devalue currency

COLOMBO: The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was...

Published 04 Mar, 2022 04:37am

Business & Finance

Jul-Jan FY22: Foreign debt of $12.02bn incurred

ISLAMABAD: Pakistan incurred foreign debt of $12.02 billion from multiple financing sources in the first seven ...

Published 24 Feb, 2022 06:34am

Business & Finance

Jul-Dec: Pakistan incurs $9.432bn foreign debt

ISLAMABAD: Pakistan incurred foreign debt of $9.432 billion from multiple financing sources in the first half months...

Updated 26 Jan, 2022 12:10pm

Business & Finance

Fiscal year 2021-22: $4.7bn foreign debt incurred in first 5 months

ISLAMABAD: Pakistan incurred foreign debt of $4.7 billion from multiple financing sources in the first five months...

Updated 24 Dec, 2021 09:56am

Fitch downgrades Sri Lanka as default fears mount

COLOMBO: International ratings agency Fitch downgraded cash-strapped Sri Lanka Saturday due to mounting fears of a...

Published 19 Dec, 2021 04:37am

Editorials

Economic infirmity erodes sovereignty

EDITORIAL: Economic infirmity, defined as a country’s under stress macroeconomic indicators particularly its...

Published 07 Dec, 2021 06:29am

Business & Finance

SBP-held forex reserves decrease $691 million due to external debt repayment

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $691 million on a weekly basis, ...

Published 25 Nov, 2021 09:53pm

Opinion

Domestic debt trap: an accountant’s perspective

I’m no economist per se. As an accountant, however, I’m deeply concerned at the steep hike of 150 basis points...

Updated 25 Nov, 2021 11:02am

Business & Finance

$3.898bn foreign debt incurred in 4 months

ISLAMABAD: Pakistan incurred foreign debt of $3.898 billion from multiple financing sources in the first four months...

Updated 23 Nov, 2021 02:59pm

Business & Finance

July-September: $3.204bn foreign debt incurred in 1Q

ISLAMABAD: Pakistan incurred foreign debt of $3.204 billion from multiple financing sources in the first quarter...

Published 26 Oct, 2021 04:39am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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foreign debt

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