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foreign exchange

‘Legal trade’ with neighbours

EDITORIAL: One of the great failures of South Asian politics has clearly been the failure to exploit the region’s...

Published 10 Sep, 2024 06:32am

China seeks RMB pilot project at Gwadar Free Zone

ISLAMABAD: China has asked Pakistan to establish RMB internationalization pilot project in Gwadar Free Zone to...

Updated 05 Sep, 2024 08:55am

Pakistan

Pensioners residing abroad drawing pensions in foreign exchange

ISLAMABAD: A number of pensioners, who are residing abroad, are drawing their pensions in foreign exchange to which...

Published 30 Aug, 2024 06:08am

Business & Finance

External debt-to-GDP ratio hits 6-year low

KARACHI: Pakistan’s external debt to GDP ratio fell to 6 years low, ie, 26 percent at the end of the last fiscal...

Updated 16 Aug, 2024 03:15pm

Markets

SBP-held foreign exchange reserves increase $119mn, now stand at $9.27bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $119 million on a weekly basis,...

Updated 15 Aug, 2024 11:56pm

Increasing Pakistan’s exports: ‘allow increase in forex retention’

KARACHI: Former Chairman of the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) Tauqeer Ul Haq said...

Updated 12 Aug, 2024 10:32am

Business & Finance

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Business & Finance

Foreign exchange buying, selling for individuals: LCCI successfully hosts awareness session

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) successfully hosted an Awareness Session on Foreign...

Published 09 Aug, 2024 06:56am

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

Int’l arbitration with SHPL: PPIB seeks forex to cover expenses

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought foreign exchange to meet outstanding...

Updated 26 Jul, 2024 09:01am

Markets

SBP-held foreign exchange reserves decrease $397mn, now stand at $9.02bn

Total liquid foreign reserves held by the country stand at $14.33 billion

Updated 25 Jul, 2024 11:32pm

Business & Finance

‘Transit trade to boost economy’

KARACHI: Transit trade will not only become a source of enormous trade development but also a resource generation ...

Published 21 Jul, 2024 03:29am

Profit, dividend: Foreign investors repatriate record $918m in May

KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during...

Updated 28 Jun, 2024 08:23am

Commodity traders seek permission to export surplus wheat

KARACHI: Pakistan can earn a foreign exchange of over $300 million through the export of one million tons of surplus...

Updated 25 Jun, 2024 08:27am

Markets

Bumper production: CAP urges govt to allow export of wheat, by-products

KARACHI: Pakistani traders have formally requested the federal government to allow the export of wheat and wheat...

Published 05 Jun, 2024 07:47am

Business & Finance

UBL Currency Exchange launched

KARACHI: United Bank Limited (UBL) announced the official launch of UBL Currency Exchange, a wholly-owned subsidiary...

Published 05 Jun, 2024 07:47am

BR Research

Profit and dividend repatriation in 10MFY24

Profit and dividend repatriation on FDI during 10MFY24 has exceeded the FY23 annual tally by three times already....

Published 05 Jun, 2024 06:40am

Business & Finance

IT exports: Changes in equity investment abroad policy okayed by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity...

Published 04 Jun, 2024 06:28am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

BR Research

Hot money returns

Pakistan’s economy is getting hot for international debt portfolio investors. There are some inflows by foreigners...

Published 26 Apr, 2024 07:40am

Markets

Rupee sustains minor loss against US dollar

Currency settles at 278.48 in inter-bank market

Updated 25 Apr, 2024 09:59pm

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

Business & Finance

T-bills attract net inflow of $82mn in March to hit 4-year high

US dollar inflows in Pakistan through Treasury bills (T-bills) hit a 4-year high in March 2024 as the country...

Published 02 Apr, 2024 11:45pm

Opinion

Start manufacturing, stop assembling

In the year 1992 on my return from abroad, I wanted to book a Japanese car under ‘transfer of residence’. As I...

Published 02 Apr, 2024 04:38am

Business & Finance

Foreign investors: Jul-Feb profit repatriation soars 237pc to $759.2m YoY

KARACHI: Repatriation of profits and dividends by foreign investors rose sharply by 237 percent during the first...

Published 28 Mar, 2024 05:47am

BR Research

Rice exports: the peak is behind us

Small wins should be celebrated, big wins, even more so. During the current fiscal year 2023-24, Pakistan’s foreign...

Published 22 Mar, 2024 08:59am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Markets

SBP-held foreign exchange reserves fall another $54mn, now stand at $7.9bn

Total liquid foreign reserves held by the country at $13.02bn

Published 07 Mar, 2024 07:50pm

Business & Finance

FCCI members briefed about Federal Ombudsman’s performance

FAISALABAD: Numbers of complaints filed with the office of Federal Ombudsman have recorded a phenomenal increase due...

Published 29 Feb, 2024 04:41am

Business & Finance

Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components

In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has...

Updated 22 Feb, 2024 03:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 12	278.53
USD PKR Interbank Buying / Sep 12	278.33
USD to Japanese Yen / Sep 12	142.71
USD to Swiss Franc / Sep 12	0.85
Pound Sterling to USD / Sep 12	1.30
Euro to USD / Sep 12	1.10

Stock	Volume
S&P 500 / Sep 11	5,536.66
Nasdaq / Sep 11	17,395.53
Dow Jones / Sep 11	40,861.71
India Sensex / Sep 12	81,721.93
Tokyo Nikkei / Sep 12	36,785.67
Hang Seng / Sep 12	17,323.75
FTSE 100 / Sep 12	8,273.16
Germany DAX 30 / Sep 12	18,552.19

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,735
Crude Oil USD/Barrel / Sep 12	67.78
Gold 10 Grams PKR / Sep 12	263,000
Gold Spot USD/Ounce / Sep 12	2,518.36
Cotton US¢/pound / Sep 12	69.69
Petrol/Litre / Sep 13	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 13 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 13 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 13 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 13 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 13 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 13 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 13 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 13 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 13 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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