Trends - foreign exchange - Business Recorder

foreign exchange

SPCCI calls for taking steps to end economic morass

ISLAMABAD: The South Punjab Chamber of Commerce and Industry members have urged the government to sail the country...

Published 29 Jun, 2022 07:27am

Opinion

How can Pakistan avoid Sri Lanka’s path?

Pakistan continues to burn its foreign exchange at an alarming rate and is exhausting all of its hopes to turn ...

Published 29 Jun, 2022 05:44am

Markets

Delay in Forex payment: PMLTC seeks help of Chinese embassy

ISLAMABAD: M/s Pak Matiari-Lahore Transmission Company (Private) Limited (PMLTC) has approached the Chinese embassy...

Published 28 Jun, 2022 06:10am

PM forewarns of ‘very tough’ IMF conditionalities

ISLAMABAD: Prime Minister Shehbaz Sharif Monday said that having steered Pakistan out of the verge of bankruptcy,...

Updated 28 Jun, 2022 09:51am

High-quality coal from Afghanistan: PM approves import in rupees

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday approved the import of high-quality coal from Afghanistan in...

Updated 28 Jun, 2022 09:37am

Business & Finance

PHMA chairman slams 10pc supertax on major industries

FAISALABAD: Mian Kashif Zia Chairman of the Pakistan Hosiery Manufacturers and Exporters Association (North Zone),...

Published 26 Jun, 2022 05:44am

Supplements

Will our exports keep growing, or will further growth be throttled?

TEXT: For the last two years Pakistani exports have been growing at the phenomenal rate of 25%. This after a decade...

Published 25 Jun, 2022 04:42am

Markets

Critical level: SBP-held foreign exchange reserves plummet to $8.24bn

Massive decrease of $748mn occurs on a weekly basis
SBP says reserves expected to increase in coming days on realisation of proceeds of CDB loan

Published 23 Jun, 2022 07:34pm

Opinion

Demystifying FDI

In an article carried by this newspaper on May 15, 2022 I gave the projected foreign exchange cash flow of the state...

Updated 23 Jun, 2022 09:34am

Business & Finance

Record $57m landed in RDAs, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday thanked overseas Pakistanis for sending $ 57million inflow, ...

Published 23 Jun, 2022 06:05am

Markets

Critical level: SBP-held foreign exchange reserves fall to $8.99bn, lowest since Nov 2019

Decrease another $241mn on a weekly basis

Published 16 Jun, 2022 09:31pm

Business & Finance

‘Pro-HEVs policies can bring substantial savings’

KARACHI: Pakistan can achieve substantial savings due to policies favouring Hybrid Electric Vehicles (HEVs). The...

Published 12 Jun, 2022 06:55am

Markets

Remittances fall 25.4% month-on-month to $2.3bn in May 2022

Fall comes due to post-Eid decline, long holidays, says SBP

Updated 10 Jun, 2022 06:29pm

Markets

Alarm bells: SBP-held foreign exchange reserves fall to $9.23bn

Decrease another $497mn on a weekly basis due to external debt repayment

Published 09 Jun, 2022 09:45pm

Pakistan

Sindh CS promises to resolve issues of rice exporters

KARACH: Dr Sohail Rajput, Chief Secretary Sindh on Wednesday said the government of Sindh will extend full support ...

Published 09 Jun, 2022 06:18am

Business & Finance

FY23 budget: EFS may be amended to restore GST-free procurement of inputs

ISLAMABAD: The government is expected to make major amendments to the Export Facilitation Scheme (EFS), 2021 in...

Published 07 Jun, 2022 05:47am

Using RMB/PKR in bilateral trade: PM directs SBP to hold meetings with Chinese banks

Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs

Updated 06 Jun, 2022 09:42am

Markets

Official spot rate shed by Rs1500 within week

LAHORE: The official spot rate Committee of the Karachi Cotton Association (KCA) on Saturday decreased the spot rate...

Published 05 Jun, 2022 05:54am

Business & Finance

Mian Zahid for banning more items from import

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

Published 03 Jun, 2022 07:18am

Opinion

Govt needs to take bicycling initiative

It is interesting to note that an economically beleaguered Sri Lanka’s main seaport has unveiled a free bicycle...

Published 02 Jun, 2022 06:19am

Markets

Against USD: Rupee strengthens in inter-bank market, closes at 199.06

Registers second successive gain after 16 sessions of depreciation

Updated 30 May, 2022 06:44pm

Pakistan

IMF has called for a ‘tough budget’, but govt optimistic of agreement in June: Miftah

Despite lender's insistence, govt will not increase rate of personal income tax, says finance minister
Stresses that the biggest obstacle in way of programme revival was fuel subsidy

Updated 28 May, 2022 10:12pm

Business & Finance

PBC proposes targeted fuel subsidy, reduction in work week

Says phasing out of general fuel subsidy should be accompanied with targeted subsidy for most deserving

Published 27 May, 2022 02:35pm

Pakistan

Budget, energy subsidies main topics being discussed with IMF: Dr Murtaza Syed

SBP's acting governor says progress in talks has been made, but it is normal for 'these things to take time'

Published 24 May, 2022 08:09pm

Editorials

Upcoming budget 2022-23

EDITORIAL: Tenth of June has been earmarked for the presentation of the budget in parliament with political and the...

Published 24 May, 2022 05:35am

Business & Finance

KATI welcomes ban on import of luxury items

KARACHI: Korangi Association of Trade and Industry (KATI) president Salman Aslam has called on the government to...

Published 21 May, 2022 04:34am

Business & Finance

Jul-April FDI falls 1.6% year-on-year to $1.46bn

Although Chinese investment in the country has declined sharply, China is still the largest investing county

Published 20 May, 2022 11:23am

Editorials

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%)
Invest Bank / Sep 28 Invest Capital Investment Bank Limited(ICIBL)	1.12 ▲ 0.07 (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%)
Ist.Capital Sec / Sep 28 First Capital Securities Corporation(FCSC)	0.98 ▲ 0.05 (5.38%)
Habib Rice Products / Sep 28 Habib Rice Product Limited(HRPL)	39.50 ▲ 2.00 (5.33%)

Stock	Price
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	387.10 ▼ -52.39 (-11.92%)
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%)
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2.24 ▼ -0.16 (-6.67%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
First Prudential Mod. / Sep 28 First Prudential Modaraba(PMI)	1.58 ▼ -0.06 (-3.66%)
Attock Petroleum / Sep 28 Attock Petroleum Limited(APL)	291.50 ▼ -10.47 (-3.47%)
St.Chart.Bank / Sep 28 Standard Chartered Bank (Pak) Ltd(SCBPL)	28 ▼ -1.00 (-3.45%)
Artistic Denim / Sep 28 Artistic Denim Mills Limited(ADMM)	54 ▼ -1.90 (-3.40%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.02
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.33
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 ▲ 0.22
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.38
Agritech Limited / Sep 28 Agritech Limited(AGL)	6,563,500 ▲ 0.36
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 ▼ -0.25
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.06
Sui North Gas / Sep 28 Sui Northern Gas Pipelines Limited(SNGP)	5,152,021 ▼ -0.07

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

Calculate your monthly liability in FY24

foreign exchange

Most Popular Articles