Trends - foreign exchange - Business Recorder

foreign exchange

Wapda may delay issuance of 2nd $500m Eurobond

Wapda was expecting to issue it by the middle of last year

Updated 21 Jan, 2023 03:30pm

Opinion

Wheat crisis

Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign...

Published 20 Jan, 2023 06:35am

Business & Finance

Decline in seafood exports: Exporters blame foreign nations’ curbs on Pakistani products

KARACHI: Exporters on Thursday blamed the continuing restrictions on the country’s fisheries products by different...

Published 20 Jan, 2023 06:10am

Forex: industry makes prudent move

ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)...

Updated 19 Jan, 2023 08:40am

Business & Finance

Drug manufacturers seek urgent steps for raw material import

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to...

Published 19 Jan, 2023 05:58am

Perspectives

Summing up one of Pakistan's worst economic crisis

Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country...

Updated 18 Jan, 2023 10:47am

Pakistan

Pakistan 'held back' by 'very high levels of energy subsidies': ILO

The International Labour Organization (ILO), a United Nations (UN) agency, has said that “very high levels of energy...

Updated 17 Jan, 2023 06:44pm

Business & Finance

Monetary policy: experts expect 100bps hike in policy rate

SBP's monetary policy committee is scheduled to meet on January 23 (Monday)

Published 16 Jan, 2023 03:00pm

Markets

19th successive loss: rupee falls against US dollar

Currency loses Re0.19 to close at 228.34 in the inter-bank market

Updated 16 Jan, 2023 07:26pm

Opinion

CPEC: a game changer or ...?

Today all three national parties - Pakistan Muslim League-Nawaz (PML-N), Pakistan Peoples’ Party (PPP) and ...

Published 16 Jan, 2023 06:46am

PKR declines in all the five sessions

KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to...

Published 16 Jan, 2023 06:18am

Special foreign currency accounts: SBP allows IT exporters to retain 35pc of proceeds

KARACHI: In order to encourage IT companies and freelancers to bring their foreign exchange earnings into the...

Updated 14 Jan, 2023 04:29pm

Business & Finance

Issues related to foreign exchange to be addressed soon: SBP governor

KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the...

Updated 13 Jan, 2023 10:55am

Markets

SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn

Lowest level of central bank reserves since February 2014 when they stood at $3.92bn

Published 12 Jan, 2023 08:32pm

Business & Finance

Dar says foreign exchange held with commercial banks property of citizens

Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks

Updated 12 Jan, 2023 12:22am

Markets

Edible oil shortage looms in Pakistan as dollar reserves fall

Edible oil stocks for three weeks are left in the country as traders remained unsuccessful to secure Letters of...

Updated 10 Jan, 2023 06:25pm

Govt criticised for allowing import of luxury cars

KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic...

Updated 10 Jan, 2023 09:06am

Business & Finance

PTA highlights problems being faced by tanners

KARACHI: Chairman, Pakistan Tanners Association (PTA), M Mehr Ali has appealed to the Prime Minister of Pakistan,...

Published 07 Jan, 2023 07:33am

ST collected from consumers: Businesspeople urged to deposit entire amount in exchequer

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Thursday, urged upon the business...

Updated 06 Jan, 2023 09:03am

Markets

Gap between inter-bank and ‘open’ market rates on FCY transactions widens to over Rs24

KARACHI: Customers using their cards (debit or credit) to conduct foreign currency transactions will have to be...

Published 05 Jan, 2023 05:58am

Opinion

Pakistan: a state and its citizens in state of denial – II

History cannot be undone; however, the complacency that crept in can somehow be brought to the surface. Given the...

Updated 05 Jan, 2023 06:32am

Business & Finance

Nigerian, Kenyan, Zambian and Ugandan currencies seen weakening

NAIROBI: The Nigerian, Kenyan, Zambian and Ugandan currencies are seen weakening in the week to Thursday, due to...

Published 02 Jan, 2023 05:54am

Markets

Rupee ends last session of 2022 on a losing note against US dollar

Currency closes the year at 226.43 in inter-bank market

Updated 30 Dec, 2022 08:50pm

Business & Finance

Bostan explains how hundi/hawala business gets a huge boost

KARACH: Exchange Companies Association of Pakistan (ECAP) President Malik Bostan Monday said that black marketing of...

Published 27 Dec, 2022 07:10am

Business & Finance

Turkish lira steps back from record low against dollar

ISTANBUL: Turkey’s lira briefly touched a record low of 18.8440 against the dollar early on Monday during low...

Published 27 Dec, 2022 06:07am

Markets

Bostan says Pakistan hemorrhaging dollars owing to smuggling and trade with Afghanistan

KARACHI: Malik Muhammad Bostan, president of the Forex Association of Pakistan, claimed on Monday that the country...

Published 26 Dec, 2022 10:01pm

Markets

Rupee registers fifth consecutive loss against US dollar

Currency settles at 225.82 in inter-bank market on Monday

Updated 26 Dec, 2022 09:55pm

Markets

Rupee remains under stress against US dollar

Currency settles at 225.64 in inter-bank market

Updated 23 Dec, 2022 07:51pm

Around 6pc growth: What did FY22 experience bring to the fore?

KARACHI: Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22,...

Updated 22 Dec, 2022 09:42am

Pakistan

‘Politically-exposed’ persons facilitate smuggling: As yet no mechanism in place to effectively curb forex outflows

LAHORE: Changes in law and tax provisions have failed to provide mechanism to control unauthorized foreign currency...

Updated 17 Dec, 2022 01:07pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Oct 4 Security Investment Bank Limited(SIBL)	4.50 ▲ 0.79 (21.29%)
F.Credit & Inv / Oct 4 First Credit and Investment Bank Limited(FCIBL)	5.75 ▲ 1.00 (21.05%)
Premier Insurance / Oct 4 Premier Insurance Limited(PINL)	7.11 ▲ 1.00 (16.37%)
Punjab Mod / Oct 4 First Punjab Modaraba(FPJM)	1.59 ▲ 0.19 (13.57%)
Jubilee Spinning / Oct 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.55 ▲ 0.54 (13.47%)
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	1.40 ▲ 0.15 (12.00%)
Hala Enterprise / Oct 4 Hala Enterprises Limited(HAEL)	9.99 ▲ 1.00 (11.12%)
Tariq Corp.Pref. / Oct 4 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.34 ▲ 1.00 (10.71%)
Tri-Star Mutual / Oct 4 Tri-Star Mutual Fund Limited(TSMF)	4.95 ▲ 0.46 (10.24%)
Saif Textile / Oct 4 Saif Textile Mills Limited(SAIF)	9.01 ▲ 0.76 (9.21%)

Stock	Price
D.S. Ind. Ltd. / Oct 4 D.S. Industries Limited(DSIL)	2 ▼ -0.20 (-9.09%)
Aisha Steel(ConPS) / Oct 4 Aisha Steel(ConPS)(ASLPS)	7.50 ▼ -0.67 (-8.20%)
Al-Shaheer Corp / Oct 4 Al Shaheer Corporation Limited(ASC)	9.47 ▼ -0.78 (-7.61%)
Sunrays Textile / Oct 4 Sunrays Textile Mills Limited(SUTM)	92.50 ▼ -7.50 (-7.50%)
Baba Farid Sugar / Oct 4 Baba Farid Sugar Mills Limited(BAFS)	26.82 ▼ -2.17 (-7.49%)
Hussain Industries / Oct 4 Husein Industries Limited(HUSI)	14.25 ▼ -1.15 (-7.47%)
S.S.Oil / Oct 4 S.S.Oil Mills Limited(SSOM)	77.75 ▼ -6.25 (-7.44%)
Idrees Tex. / Oct 4 Idrees Textile Mills Limited(IDRT)	14 ▼ -1.00 (-6.67%)
Leather Up Ltd. / Oct 4 Leather Up Limited(LEUL)	10.02 ▼ -0.69 (-6.44%)
Habib Rice Products / Oct 4 Habib Rice Product Limited(HRPL)	37.11 ▼ -2.39 (-6.05%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	150,424,567 ▲ 0.15
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▼ -0.02
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	12,964,688 ▲ 0.33
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	11,151,938 ▼ -0.66
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▼ -0.50
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▼ -0.50
Habib Bank / Oct 4 Habib Bank Limited(HBL)	6,414,290 ▲ 5.38
P.I.A.C.(A) / Oct 4 Pakistan International Airlines Corp(PIAA)	6,392,500 ▲ 0.01
Maple Leaf Cement / Oct 4 Maple Leaf Cement Factory Limited(MLCF)	6,294,646 ▲ 0.47
Air Link Com. / Oct 4 Air Link Communication Limited(AIRLINK)	6,076,059 ▲ 1.77

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	284.85
USD PKR Interbank Buying / Oct 4	284.65
USD to Japanese Yen / Oct 4	148.93
USD to Swiss Franc / Oct 4	0.92
Pound Sterling to USD / Oct 4	1.21
Euro to USD / Oct 4	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Nasdaq / Oct 3	13059.47
Dow Jones / Oct 3	33002.38
Tokyo Nikkei / Oct 4	30526.88
Hang Seng / Oct 4	17177.48
FTSE 100 / Oct 4	7475.08
Germany DAX 30 / Oct 4	15028.34
France CAC40 / Oct 4	6985.57

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Crude Oil USD/Barrel / Oct 4	88.50
Gold Spot USD/Ounce / Oct 4	1822.59
Cotton US¢/pound / Oct 4	87.47

Calculate your monthly liability in FY24

foreign exchange

Most Popular Articles