Trends - foreign exchange reserves

foreign exchange reserves

A constrained budget

The federal budget of 2022-23 has been presented in a difficult and uncertain economic and political environment in...

Published 21 Jun, 2022 05:51am

Markets

PKR: 3.1pc fall over the course of five sessions

KARACHI: The rupee endured another horrendous week, closing at an all-time low of 208.75 against the US dollar after...

Published 20 Jun, 2022 05:51am

Business & Finance

Pakistan LNG seeks four cargoes for July delivery

KARACHI: Pakistan LNG Limited (PLL) is seeking four shipments of liquefied natural gas (LNG) for delivery in July,...

Published 18 Jun, 2022 06:00am

Business & Finance

Forex reserves decline to $14.943bn

KARACHI: The country’s total liquid foreign exchange reserves reached below the $15 billion mark. According to...

Published 17 Jun, 2022 07:38am

China comes to our rescue in a big way

Agrees to roll over $2.3 billion loan and extend additional assistance of between $2.5 to $2.8 billion

Updated 15 Jun, 2022 09:52am

Pakistan facing debt in ‘excess of $250bn’: UNDP

ISLAMABAD: The United Nations Development Programme (UNDP) has said that Pakistan is currently facing a challenging...

Updated 15 Jun, 2022 12:52pm

Markets

PKR declines nearly 2.2pc

KARACHI: The rupee fell nearly 2.2% against the US dollar during the previous week, shedding value in three of the...

Published 13 Jun, 2022 06:19am

Business & Finance

Exports: FPCCI chief for exploring Norwegian market

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has regretted...

Published 10 Jun, 2022 07:38am

Reforms measures in budget to pave way for IMF deal: Miftah

ISLAMABAD: Minister for Finance Miftah Ismail stated on Thursday that the reform measures to be announced in the...

Updated 10 Jun, 2022 09:24am

Pakistan

ICMA submits pre-budget proposals to FBR, govt bodies

KARACHI: ICMA proposes two days work from home, early close of markets, withdrawal of subsidy, focus on remittance...

Published 08 Jun, 2022 06:19am

Opinion

We’re now less than one step from Sri Lanka

The current account deficit constitutes the most formidable challenge for the incumbent government that has begun to...

Published 08 Jun, 2022 06:19am

Business & Finance

Crisis in export-oriented industries: FPCCI demands full supplies of RLNG to power plants

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded immediate restoration of full supplies of Regassified...

Published 07 Jun, 2022 06:38am

Opinion

Imperatives for FY23 budget

The federal budget for 2022-23 is to be presented by the coalition government on the 10th of June in the National...

Published 07 Jun, 2022 05:47am

Editorials

‘Grand dialogue’

EDITORIAL: Prime Minister Shehbaz Sharif has, while addressing an inauguration ceremony of Indus Hospital in Lahore,...

Published 07 Jun, 2022 05:47am

Business & Finance

KATI demands withdrawal of rise in POL products’, power prices

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has demanded to immediately...

Published 04 Jun, 2022 04:18am

Refinancing of $2.3bn deposits: Terms and conditions agreed with Chinese: Miftah

ISLAMABAD: Finance Minister Miftah Ismail Thursday stated that terms and conditions of $ 2.3 billion deposits have...

Updated 03 Jun, 2022 09:58am

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

Editorials

The need for across the board sacrifice

EDITORIAL: There is overwhelming evidence that in spite of a high growth rate in the current year other ...

Published 02 Jun, 2022 06:19am

MoF lists macroeconomic imbalances: Higher growth may not be sustainable

Ministry of Finance says primary contributors to increasing inflation are surge in international commodity prices and massive exchange rate depreciation

Updated 29 May, 2022 04:06pm

Business & Finance

Secondary market yields fall: SBP again conducts long-duration OMO

KARACHI: After a gap of 3-months, State Bank of Pakistan (SBP) again conducted a 63-day OMO (Open Market Operations)...

Updated 28 May, 2022 02:51pm

Editorials

The IMF shock amid royal benevolence

EDITORIAL: Saudi Arabia’s Minister of Finance Mohammad al-Jadaan, on the sidelines of World Economic Forum being...

Published 26 May, 2022 05:26am

World

Still no finance minister for bankrupt Sri Lanka

COLOMBO: Cash-strapped Sri Lanka appointed six more ministers on Monday to its new “economic war cabinet”, the...

Published 24 May, 2022 06:13am

Business & Finance

Banned items: FPCCI demands import orders cleared first to avoid losses

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded that import orders already in place for the banned items...

Published 21 May, 2022 04:34am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Editorials

The way forward

EDITORIAL: The senior leadership of the eleven parties’ coalition met under the chairmanship of Prime Minister...

Published 19 May, 2022 05:29am

Business & Finance

$39.3bn trade deficit in 10 months is not sustainable: FPCCI

LAHORE: Muhammad Nadeem Qureshi, Regional Chairman FPCCI, has stated that the economy cannot sustain the current...

Published 19 May, 2022 05:29am

Pakistan one step from Sri Lanka: Umar

ISLAMABAD: Former Federal Finance Minister and Planning and Development Asad Umar of Pakistan Tehreek-e-Insaf (PTI)...

Updated 16 May, 2022 09:52am

Markets

PKR loses 3.1pc

KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ...

Published 16 May, 2022 05:42am

Business & Finance

Govt urged to focus on forex reserve management

LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has...

Published 16 May, 2022 05:42am

Business & Finance

Governor SBP assumes charge of Chairman of ACU Board

ISLAMABAD: Dr Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP), assumed the charge of Chairman of the...

Published 16 May, 2022 05:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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