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foreign exchange

SBP initiates foreign exchange digitization

Mohammad Ashraf Khan, Managing Director, SBP Banking Services Corporation, said that the payment would be transparent and online.

Published 17 Feb, 2021 10:24am

Business & Finance

Raiffeisen Bank International buys FX, payment provider Akcenta

RBI said it plans to acquire 70% of Akcenta and its Czech subsidiary would buy the remaining 30%.
RBI, which did not say how much it agreed to pay, expects the acquisition to be closed by end of May.

Published 15 Feb, 2021 05:52pm

Markets

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (February 8 to...

Published 15 Feb, 2021 04:53am

Opinion

Liberalizing foreign exchange regime

One important factor in facilitating foreign capital (investment) inflow into the country is to allow it to move out...

Published 14 Feb, 2021 03:49am

Business & Finance

SBP’s reserves down by $82m

KARACHI: Total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $82 million to...

Updated 12 Feb, 2021 11:46pm

Editorials

Start-ups gain traction

EDITORIAL: In modern tech world, new businesses are growing in a shape which is vastly different from the...

Published 12 Feb, 2021 04:54am

Startups, fintechs and exports: SBP notifies revisions in chapter 20 of FE Manual

KARACHI: The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to...

Published 11 Feb, 2021 04:34am

Business & Finance

SBP Modernizes Foreign Exchange Regulations to facilitate Startups, Fintechs & Exports

The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.

Updated 10 Feb, 2021 09:56pm

Amendment to FE Manual proposed: SBP seeks to facilitate startups to raise convertible debt

KARACHI: The State Bank of Pakistan (SBP) has proposed amendment to the Foreign Exchange Manual to facilitate the...

Updated 10 Feb, 2021 09:39am

Markets

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (January 25 to...

Published 01 Feb, 2021 03:39am

Editorials

Freeing capital flows

EDITORIAL: One important element behind attracting investment is the ease with which capital enters and exits a...

Published 22 Jan, 2021 04:47am

Business & Finance

Bank of Israel seeks to prevent 'over-appreciation' of shekel

The central bank said on Thursday it planned to buy $30 billion of foreign currency in 2021 - up from $21 billion in 2020.
We are trying to prevent an over-appreciation of the currency (shekel) in the short term that will make it difficult for companies when the exchange rate comes back

Published 18 Jan, 2021 07:05pm

Business & Finance

Thai central bank to relax FX rules further to curb baht rise

Eased forex rules for non-resident firms.
Baht has gained nearly 11% since last April.
New virus curbs could contribute to baht strength.

Published 05 Jan, 2021 07:28pm

World

Sri Lanka tightens foreign exchange after worst GDP decline

International rating agencies have slashed Sri Lanka's credit worthiness after raising fears over the island's ability to repay its debt.

Published 04 Jan, 2021 05:51pm

Markets

Mexican peso gains as delay reported in contentious central bank bill

Mexico's lawmakers postpone disputed central bank bill: report.
US stimulus hopes weaken US dollar.
Brazil's V-shaped recovery to lose steam: central bank.

Published 16 Dec, 2020 01:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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