Trends - foreign exchange - Business Recorder

foreign exchange

Profits, dividends: July-August repatriation rises 74pc YoY

Analysts say surge comes after relaxation of capital controls that were implemented previously to curtail outflow of foreign exchange

Updated 28 Sep, 2023 09:51am

Business & Finance

Industrialist underscores need for reducing electricity losses

LAHORE: Chairman Kattar Band Road Industrial Association and former vice president of Lahore Chamber of Commerce and...

Published 28 Sep, 2023 05:33am

Business & Finance

‘PEMDA should make efforts to save forex by encouraging local production’

LAHORE: “Pakistan Electro Medical Equipment Manufacturers and Distributors Association (PEMDA) shall make efforts...

Published 23 Sep, 2023 05:58am

Pakistan

PSDP 2023-24: Planning ministry disburses Rs135.41bn

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised/disbursed Rs 135.41 billion...

Published 15 Sep, 2023 06:31am

Markets

Pakistan’s central bank reserves decrease another $140mn, now stand at $7.64bn

Dollar stockpile with State Bank of Pakistan falls for 4th straight week
Decrease attributed to debt repayment

Published 14 Sep, 2023 09:12pm

Editorials

Inflation will remain a challenge

EDITORIAL: The sensitive price index (SPI), computing the prices of 51 essential items from 50 markets in 17 cities,...

Published 13 Sep, 2023 06:17am

Business & Finance

‘High power cost damages industry, SMEs badly’

KARACHI: Increased cost of electricity is quite painful and it has damaged the industry, SMEs and the household...

Published 12 Sep, 2023 06:22am

Markets

SBP-held foreign exchange reserves drop by $70mn, now stand at $7.78bn

Debt repayments and lack of fresh inflows put pressure on dollar stockpile

Updated 07 Sep, 2023 07:53pm

Exchange companies sector: MCR enhanced to Rs500m as SBP introduces major reforms

KARACHI: The State Bank of Pakistan (SBP), introducing the structural reforms for the Exchange Companies, on...

Updated 07 Sep, 2023 09:17am

Debt management: FD advocates balanced approach

ISLAMABAD: Fiscal discipline is essential to maintain primary surplus as total public debt/revenue and debt...

Updated 02 Sep, 2023 03:08pm

Challenge of smuggling: PM asks Customs, LEAs to pull their socks up

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Customs authorities and law enforcement...

Updated 02 Sep, 2023 09:45am

Q4FY23: Punjab debt soars Rs55.3bn due to PKR depreciation

LAHORE: The Punjab government’s total debt, local and external, has witnessed a jump of Rs 55.3 billion in the last...

Updated 19 Aug, 2023 03:23pm

Markets

SBP-held foreign exchange reserves fall $110mn, now stand at $8.04bn

Reserves held by central bank decrease for third straight week

Updated 10 Aug, 2023 08:31pm

Markets

SBP-held foreign exchange reserves fall $32mn, now stand at $8.15bn

Reserves decrease on account of debt repayments

Published 03 Aug, 2023 07:35pm

Pakistan’s imports of Russian crude face port, refinery, currency constraints

KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite...

Updated 01 Aug, 2023 08:56am

Markets

SBP-held foreign exchange reserves fall $541mn, stand at $8.19bn

Reserves fall on weekly basis due to due to external debt repayments, says central bank

Updated 27 Jul, 2023 10:49pm

Opinion

Reducing rising electricity tariff?—II

LIBOR has gone up; thus a case for reduction of this margin suitably. Second solution is increase in the repayment...

Updated 26 Jul, 2023 06:38am

Business & Finance

Sanitary wares: PCMA chief speaks about export potential

LAHORE: Pakistan has the potential of earning a foreign exchange of 10 to 15 million dollars per month only by...

Published 24 Jul, 2023 06:11am

Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts

KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the...

Updated 21 Jul, 2023 09:25am

Markets

As expected, SBP-held foreign exchange reserves increase $4.2bn, now stand at $8.73bn

Total liquid foreign reserves now stand at $14.07 billion

Updated 20 Jul, 2023 09:35pm

LoI to IMF: govt pledges fiscal discipline

Says it will restrain non-priority spending including through energy sector measures aimed at credibly containing energy sector subsidies, the public wage bill, and pensions

Updated 19 Jul, 2023 09:56am

Business & Finance

FBR amends export facilitation scheme-2021

ISLAMABAD: The exporters would now be required to submit details of the export performance for the last 2-3 years...

Published 15 Jul, 2023 06:08am

C-5 project: PAEC’s point of view

ISLAMABAD: This is apropos a news report “$5bn Chashma-5 N-Plant to produce power at Rs 20 per unit: Country has...

Updated 14 Jul, 2023 10:02am

Imported fuel for power generation: Nepra blames forex scarcity for load-shedding

Nepra Chairman Tauseef H Farooqi says 63 percent of generation is based on imported fuels

Updated 05 Jul, 2023 11:22am

Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders

ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s...

Updated 28 Jun, 2023 09:01am

Business & Finance

‘Plan B’: Govt urged to take nation into confidence

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 26 Jun, 2023 07:56am

Pakistan

Sindh CS says land allocated for IT varsity

KARACHI: Sindh Chief Secretary Dr Sohail Rajput has said that the government is going to establish an Information...

Published 23 Jun, 2023 06:00am

APTMA seeks resumption of RCET scheme

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought resumption of gas and electricity at...

Updated 22 Jun, 2023 08:53am

Business & Finance

KATI chief for special incentives to enhance exports

KARACHI: Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI), has urged the ...

Published 22 Jun, 2023 05:45am

PM lays focus on solar energy imperative

Reviews process of formulation of policy regarding alternative sources of energy especially solar

Updated 18 Jun, 2023 09:52am

Gainers
Losers
Leaders

Stock	Price
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Int. Knit. / Sep 28 International Knitwear Limited(INKL)	14.47 ▲ 0.97 (7.19%)
First Tri-Star Mod. / Sep 28 First Tri-Star Modaraba(FTSM)	16 ▲ 1.00 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.25 ▲ 0.07 (5.93%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)
EFU General / Sep 28 EFU General Insurance Limited(EFUG)	89.50 ▲ 4.65 (5.48%)
Habib Rice Products / Sep 28 Habib Rice Product Limited(HRPL)	39.50 ▲ 2.00 (5.33%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	1.72 ▼ -0.68 (-28.33%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.75 ▼ -49.74 (-11.32%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
Arif Habib Corp / Sep 28 Arif Habib Corporation Limited(AHCL)	24.30 ▼ -1.70 (-6.54%)
Ismail Ind. / Sep 28 Ismail Industries Limited(ISIL)	650 ▼ -40.69 (-5.89%)
Pak Paper Prod / Sep 28 Pakistan Paper Products Limited(PPP)	49.50 ▼ -2.57 (-4.94%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	4.32 ▼ -0.18 (-4.00%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.13
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.23
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,236,500 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.00
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.16
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.11
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.00
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.11
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.06
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,184,748 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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