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foreign exchange

Deutsche Bank launches indexes to track 21 emerging market currencies

The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows

Published 06 Jul, 2021 10:38am

With food security at stake, PM tells farmers govt determined to boost agri output

Research-based information and use of technology crucial, says prime minister

Updated 02 Jul, 2021 08:31am

Business & Finance

Gujranwala, Gujrat, Sialkot: Punjab govt to establish special industrial zones in three districts

LAHORE: The Punjab government has decided to establish special industrial zones on 2,041 acres in three districts -...

Published 25 Jun, 2021 04:20am

Business & Finance

Pakistan's foreign exchange reserves fall to $23.26 billion

Reserves held with SBP fall $311 million
Fall attributed to external debt repayments

Published 24 Jun, 2021 06:11pm

Business & Finance

OICCI appreciates SBP's FX remittance process

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) members have appreciated the significant...

Published 16 Jun, 2021 03:39am

Markets

China markets closed

SHANGHAI: China's stock and bond markets, foreign exchange and commodity futures markets were closed on Monday for...

Published 15 Jun, 2021 03:30am

Business & Finance

Global digital marketplaces: SBP seeks amendments to regulatory instructions

KARACHI: The State Bank of Pakistan (SBP) has proposed amendments to regulatory instructions to facilitate Pakistani...

Published 15 Jun, 2021 03:30am

Business & Finance

Pakistan's foreign exchange reserves reach $23.6 billion

SBP receives proceeds from Green Eurobond, reserves held by central bank reach $16.4 billon

Published 10 Jun, 2021 06:32pm

Business

PBIF for reduction of taxes on tea

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

Published 10 Jun, 2021 03:22am

Business & Finance

Dollar steadies in Europe

LONDON: The dollar index held near a three-week high on Friday and moves in currency markets were muted as traders...

Published 05 Jun, 2021 04:08am

Financing from abroad: Startups can avail loans as convertible debt: SBP

KARACHI: In order to facilitate the startup companies in raising financing from abroad, the State Bank of Pakistan...

Published 27 May, 2021 03:40am

BR Research

Changing FDI dynamics (II)

The latest central bank’s data shows nothing jovial about foreign direct invest; the needle is not moving for FDI...

Published 26 May, 2021 07:35am

Business & Finance

President for facilitating meat exporters

ISLAMABAD: President Dr Arif Alvi on Monday stressed the need for development of livestock sector in the country,...

Published 25 May, 2021 04:40am

BR Research

Changing FDI dynamics (1)

When it comes to foreign direct investment, Pakistan has intentionally or unintentionally barely scratched the...

Published 24 May, 2021 07:35am

ECs’ SLR requirement reduced

KARACHI: In order to facilitate Exchange Companies in managing their liquidity and enhance business profitability,...

Published 21 May, 2021 05:04am

Business & Finance

SBP cancels license of Karwan Exchange Co ‘B’

KARACHI: The State Bank of Pakistan (SBP) on Thursday cancelled the license of Karwan Exchange Company ‘B’ (Pvt)...

Updated 21 May, 2021 09:43am

BR Research

Remittances proving rock solid

As per the State Bank of Pakistan’s latest data. remittances in April 2021 stood at almost $2.8 billion. while the...

Published 19 May, 2021 07:35am

BR Research

Remittance and its unwavering support

For almost a year, studies and research did not match the trend of remittances into developing countries ...

Published 18 May, 2021 07:35am

Sri Lanka gets $500m South Korean loan

COLOMBO: Sri Lanka said Monday it had secured a $500 million loan from South Korea, a month after a similar loan ...

Published 11 May, 2021 04:39am

Business & Finance

Foreign exchange reserves rise to $3.2trn

BEIJING: China’s foreign exchange reserves, the world’s largest, increased in April from a month earlier,...

Published 08 May, 2021 03:30am

Markets

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (April 1 to 30,...

Published 02 May, 2021 03:23am

BR Research

Current account: will the march continue?

Another month of current account (almost) in balance. Based on PBS trade data, market had expected a deficit of over...

Published 26 Apr, 2021 07:25am

Markets

China says increased flexibility in yuan can release market pressure

The yuan briefly firmed to its strongest level against the US dollar in nearly six weeks on Thursday as the greenback weakened.

Published 23 Apr, 2021 11:25am

Business & Finance

SBP’s reserves down by $63m

KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 63 million during last week due to...

Updated 23 Apr, 2021 10:01am

BR Research

Weak economy + Covid: a double whammy for FDI

While the situation at external front has been improving, the foreign direct investment climate is dreary as usual....

Published 22 Apr, 2021 07:30am

Business & Finance

Remittances: SBP invites views on revision of FE manual

KARACHI: Considering the market dynamics and keeping pace with changing business environment, the SBP is in the...

Published 06 Apr, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.42 ▲ 0.24 (20.34%)
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	4.90 ▲ 0.40 (8.89%)
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%)
JDW Sugar / Sep 28 JDW Sugar Mills Limited(JDWS)	374 ▲ 24.00 (6.86%)
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%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2 ▼ -0.40 (-16.67%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.49 ▼ -50.00 (-11.38%)
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)	24.40 ▼ -1.60 (-6.15%)
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%)
Kohinoor Ind. / Sep 28 Kohinoor Industries Limited(KOIL)	7.30 ▼ -0.30 (-3.95%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.05
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▼ -0.01
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,305,500 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.01
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.18
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.00
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.05
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.09
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.01
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,262,898 ▲ 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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