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foreign exchange

Foreign embassies: ADs can remit visa, document attestation fees: SBP

KARACHI: The State Bank of Pakistan (SBP) has allowed Authorized Dealers to remit visa and document attestation fees...

Updated 10 Feb, 2022 09:13am

Re1 for each USD surrender: SBP’s incentive scheme for ECs goes into effect

KARACHI: The State Bank of Pakistan (SBP) has introduced new incentive scheme for the Exchange Companies, under ...

Updated 05 Feb, 2022 09:35am

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

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.42 ▲ 0.24 (20.34%)
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	4.90 ▲ 0.40 (8.89%)
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%)
Int. Knit. / Sep 28 International Knitwear Limited(INKL)	14.47 ▲ 0.97 (7.19%)
JDW Sugar / Sep 28 JDW Sugar Mills Limited(JDWS)	374 ▲ 24.00 (6.86%)
First Tri-Star Mod. / Sep 28 First Tri-Star Modaraba(FTSM)	16 ▲ 1.00 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2 ▼ -0.40 (-16.67%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.50 ▼ -49.99 (-11.37%)
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%)
Arif Habib Corp / Sep 28 Arif Habib Corporation Limited(AHCL)	24.40 ▼ -1.60 (-6.15%)
Ismail Ind. / Sep 28 Ismail Industries Limited(ISIL)	650 ▼ -40.69 (-5.89%)
Pak Paper Prod / Sep 28 Pakistan Paper Products Limited(PPP)	49.50 ▼ -2.57 (-4.94%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
Kohinoor Ind. / Sep 28 Kohinoor Industries Limited(KOIL)	7.30 ▼ -0.30 (-3.95%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.08
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▼ -0.01
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,296,000 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.01
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.18
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.04
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.05
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.09
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.01
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,228,718 ▲ 0.20

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

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