Trends - foreign exchange - Business Recorder

foreign exchange

Exchange companies, dealers must integrate with online system: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for foreign exchange dealers/exchange companies...

Updated 04 Feb, 2022 11:08am

Markets

Post IMF approval: Rupee gains 0.51%, closes at highest level since December 1

Currency closes at 175.52 against US dollar on Thursday, registers fifth successive gain

Updated 03 Feb, 2022 05:19pm

Export proceeds’ realization: SBP grants relaxation

KARACHI: The State Bank of Pakistan (SBP) on Tuesday granted some relaxations, for bringing export payments in 120...

Updated 02 Feb, 2022 09:32am

Business & Finance

Small industrial units: PCJCCI makes valuable suggestion

LAHORE: Wang Zihai President, Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has suggested that...

Published 01 Feb, 2022 04:07am

Business & Finance

Forex reserves fall sharply in three weeks

KARACHI: The country’s foreign exchange reserves fell sharply over $1.5 billion in the first three weeks of ...

Published 28 Jan, 2022 04:44am

Markets

SBP-held forex reserves fall a massive $562mn, now stand at $17.04bn

Reserves decrease due to external debt and other payments, says central bank

Published 20 Jan, 2022 06:51pm

World

Sri Lanka plans laws, fast-track measures to attract foreign exchange

COLOMBO: Sri Lanka will introduce new laws to attract investments over the next three years while policies to ...

Updated 18 Jan, 2022 03:11pm

Business & Finance

FPCCI demands govt facilitate restoration of Pak-Afghan trade practices

KARACHI: Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 14 Jan, 2022 07:45am

SBP cuts realization period for exporters by 60 days

KARACHI: In order to ensure the timely arrival of foreign exchange, the State Bank of Pakistan (SBP) Wednesday...

Updated 06 Jan, 2022 09:56am

Markets

Export proceeds: SBP amends foreign exchange regulations

Central bank now requires exporters to bring export proceeds within 120 days from date of shipment

Published 05 Jan, 2022 08:07pm

Editorials

Woeful PKR slide

EDITORIAL: A few days back, the State Bank of Pakistan (SBP) tightened the foreign exchange regime for individuals ...

Published 31 Dec, 2021 06:50am

Opinion

Emerging risks

The prospects for the economy of Pakistan are shrouded by growing uncertainty and risk factors, due to developments...

Updated 28 Dec, 2021 09:39am

Business & Finance

Gross mismanagement: Excessive import of FO constitutes a threat to refinery sector: Zahid

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

Published 26 Dec, 2021 03:57am

Markets

Against USD: Pakistan's rupee stable amid SBP measures to curb speculation

Gains value against major currencies in open market

Updated 20 Dec, 2021 06:18pm

BR Research

Remittances: slowing down?

While the upbeat momentum of home remittances continues - with 5MFY22 aggregate close to $13 billion up by 9.7...

Published 15 Dec, 2021 09:05am

Petroleum sector: SBP amends forex manual for remittance process

KARACHI: The State Bank of Pakistan (SBP) on Tuesday has amended the Chapter 14, of the Foreign Exchange Manual for...

Updated 15 Dec, 2021 09:51am

Supplements

TOURISM IN KENYA

TEXT: Kenya is one of the world’s most popular tourist destinations owing to its rich diversity of tourist...

Published 14 Dec, 2021 06:40am

Editorials

Cyber defence?

EDITORIAL: Israel on Thursday led a 10-country simulation of a major cyber attack on global financial system by...

Published 13 Dec, 2021 06:45am

Markets

OCAC says working on ‘refinery policy’

ISLAMABAD: The Oil Companies Advisory Council (OCAC) has stated that as representatives of the oil industry, they ...

Published 10 Dec, 2021 04:29am

Opinion

Ensuring external stability

As the economy rebounds from last year’s Covid shock, recent trade and current account deficit numbers are ...

Published 06 Dec, 2021 06:32am

$3bn received from Saudi Arabia for BoP support

KARACHI: Pakistan Saturday received foreign exchange deposits worth $3 billion from Saudi Arabia for the support of...

Updated 05 Dec, 2021 11:12am

Business & Finance

‘Poultry meat, products can help country earn significant foreign exchange’

LAHORE: Poultry meat and products can earn significant foreign exchange by making inroads to the global Halal meat...

Published 04 Dec, 2021 04:23am

Markets

SBP-held foreign exchange reserves fall $244mn, now stand at $16.01bn

Central bank does not give reason for week-on-week decrease

Published 02 Dec, 2021 09:56pm

BR Research

Service imports: Where the real juice is

Government authorities are mulling over options to restrict import of non-essential goods and “curb the...

Published 01 Dec, 2021 08:02am

Business & Finance

Bromobutyl and Chromobutyl: Company to manufacture rubber stoppers for pharma use

KARACHI: Pakistani multinational conglomerate company, Ghani Group, has announced to manufacture Bromobutyl and...

Published 01 Dec, 2021 03:52am

Business & Finance

SBP-held forex reserves decrease $691 million due to external debt repayment

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $691 million on a weekly basis, ...

Published 25 Nov, 2021 09:53pm

Opinion

Waiting for aid pledges

There are two major foreign exchange inflows, read borrowing, expected as per several senior cabinet members...

Published 22 Nov, 2021 05:31am

Opinion

The PM needs to develop big picture thinking

This is apropos a Business Recorder news item “PM explains how dependence on IMF can be ended” carried by the...

Published 20 Nov, 2021 03:58am

Pakistan

Tarin briefs Laffer about economic situation

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin held a meeting with renowned...

Published 19 Nov, 2021 04:35am

Markets

SBP-held foreign exchange reserves fall $381 million

Central bank does not give reason for decrease, total reserves held by SBP now stand at $16.945 billion

Updated 18 Nov, 2021 08:59pm

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

foreign exchange

Most Popular Articles