Trends - foreign exchange - Business Recorder

Business & Finance

Nestlé Pakistan posts third-quarter results

KARACHI: Nestlé Pakistan recorded revenue of Rs151,153 million for the third quarter of 2023, an increase of 24.9...

Published 20 Oct, 2023 05:17am

Business & Finance

Experts say investment in healthcare sector to help promote medical tourism

KARACHI: Investment in the healthcare sector not only saves the citizens’ precious lives but will also promote the...

Published 17 Oct, 2023 05:51am

Print

Punjab to take steps to boost agri output

Federal Minister for National Food Security and Research Dr Kausar Abdullah Malik meets Punjab Chief Minister Syed Mohsin Naqvi

Updated 16 Oct, 2023 09:45am

Print

Pakistan set to meet some key targets set by IMF: SBP chief

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Friday said current policy mix adopted by the government...

Updated 14 Oct, 2023 05:16pm

Business & Finance

Export of services, inward FDI flows: IT sector’s share likely to expand

KARACHI: The share of the IT sector in attracting foreign direct investment and service exports is likely to ...

Published 12 Oct, 2023 05:57am

Markets

Open-market: rupee strengthens further against US dollar

The Pakistani rupee maintained its winning momentum against the US dollar in the open market on Wednesday, a gain...

Updated 11 Oct, 2023 06:09pm

Markets

Inter-bank market: rupee extends winning streak, settles below 280 against US dollar

Local currency has now appreciated for 25 consecutive sessions
Has cumulatively gained 10% since it hit a record low of 307.1 in inter-bank market on Sept 5

Updated 11 Oct, 2023 08:44pm

Business & Finance

Overseas Pakistanis: Progressive Group of LCCI urges govt. to set up authority

LAHORE: Progressive Group in the Lahore Chamber of Commerce & Industry (LCCI) has called upon the government to...

Updated 13 Oct, 2023 11:16pm

Markets

Nepra clarification

ISLAMABAD: Apros a story appeared in Business Recorder on October 7, 2023 titled “hydel projects in KP: KOEN...

Published 09 Oct, 2023 06:24am

Supplements

Dollar East – For All Currency Needs

TEXT: Dollar East is the most trusted name in the exchange business of Pakistan. It is an A-Category exchange ...

Published 29 Sep, 2023 06:24am

Print

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

Print

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

Print

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

Print

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

Print

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

Print

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

Print

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