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foreign exchange

Bumper production: CAP urges govt to allow export of wheat, by-products

KARACHI: Pakistani traders have formally requested the federal government to allow the export of wheat and wheat...

Published 05 Jun, 2024 07:47am

Business & Finance

UBL Currency Exchange launched

KARACHI: United Bank Limited (UBL) announced the official launch of UBL Currency Exchange, a wholly-owned subsidiary...

Published 05 Jun, 2024 07:47am

BR Research

Profit and dividend repatriation in 10MFY24

Profit and dividend repatriation on FDI during 10MFY24 has exceeded the FY23 annual tally by three times already....

Published 05 Jun, 2024 06:40am

Business & Finance

IT exports: Changes in equity investment abroad policy okayed by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity...

Published 04 Jun, 2024 06:28am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

BR Research

Hot money returns

Pakistan’s economy is getting hot for international debt portfolio investors. There are some inflows by foreigners...

Published 26 Apr, 2024 07:40am

Markets

Rupee sustains minor loss against US dollar

Currency settles at 278.48 in inter-bank market

Updated 25 Apr, 2024 09:59pm

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

Business & Finance

T-bills attract net inflow of $82mn in March to hit 4-year high

US dollar inflows in Pakistan through Treasury bills (T-bills) hit a 4-year high in March 2024 as the country...

Published 02 Apr, 2024 11:45pm

Opinion

Start manufacturing, stop assembling

In the year 1992 on my return from abroad, I wanted to book a Japanese car under ‘transfer of residence’. As I...

Published 02 Apr, 2024 04:38am

Business & Finance

Foreign investors: Jul-Feb profit repatriation soars 237pc to $759.2m YoY

KARACHI: Repatriation of profits and dividends by foreign investors rose sharply by 237 percent during the first...

Published 28 Mar, 2024 05:47am

BR Research

Rice exports: the peak is behind us

Small wins should be celebrated, big wins, even more so. During the current fiscal year 2023-24, Pakistan’s foreign...

Published 22 Mar, 2024 08:59am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Markets

SBP-held foreign exchange reserves fall another $54mn, now stand at $7.9bn

Total liquid foreign reserves held by the country at $13.02bn

Published 07 Mar, 2024 07:50pm

Business & Finance

FCCI members briefed about Federal Ombudsman’s performance

FAISALABAD: Numbers of complaints filed with the office of Federal Ombudsman have recorded a phenomenal increase due...

Published 29 Feb, 2024 04:41am

Business & Finance

Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components

In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has...

Updated 22 Feb, 2024 03:36pm

Business & Finance

Senate body concerned over uneconomical export of precious stones

ISLAMABAD: The Senate Standing Committee on Industries and Production, Thursday, expressing serious concerns over ...

Published 16 Feb, 2024 06:02am

Business & Finance

SBP cancels EC’s licence

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt)...

Published 13 Feb, 2024 05:59am

Temporary import, export of vehicles: MoC and FBR lock horns over former’s proposal

ISLAMABAD: The Commerce Ministry and the Federal Board of Revenue (FBR) have reportedly locked horns over the...

Updated 07 Feb, 2024 09:34am

H1FY24: Profit repatriation up record 161pc to $567.7m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a record growth of 161 percent during the...

Updated 27 Jan, 2024 10:37pm

Markets

Open trucks: Business community for allowing import of cotton

PESHAWAR: Members of the business community urged the government and ministry of National Food Security and Research...

Published 26 Jan, 2024 04:58am

SBP to launch platform for FX interbank market

State Bank of Pakistan decides to revamp the foreign exchange trading system

Updated 24 Jan, 2024 10:10am

Forex repatriation against remittances: Govt striving to ink G2G pact with Saudi Arabia, UAE

ISLAMABAD: The government is reportedly making hectic efforts for a government-to-government (G2G) agreement with...

Updated 23 Jan, 2024 09:41am

Privatisation of HEC concludes

ISLAMABAD: The privatisation of Heavy Electrical Complex (HEC) was concluded on Tuesday, with the handing over of...

Updated 03 Jan, 2024 09:38am

Opinion

Editorials

A further decline in remittances

EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7...

Published 19 Dec, 2023 05:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 11	278.63
USD PKR Interbank Buying / Jun 11	278.33
USD to Japanese Yen / Jun 11	157.15
USD to Swiss Franc / Jun 11	0.90
Pound Sterling to USD / Jun 11	1.27
Euro to USD / Jun 11	1.07

Stock	Volume
S&P 500 / Jun 11	5375.32
India Sensex / Jun 11	76456.59
Tokyo Nikkei / Jun 11	38845.82
Nasdaq / Jun 11	17343.55
Hang Seng / Jun 11	17855.16
FTSE 100 / Jun 11	8147.81
Dow Jones / Jun 11	38747.42
Germany DAX 30 / Jun 11	18369.94

Item	Value
Crude Oil USD/Barrel / Jun 11	78.28
Karachi Cotton PKR/37.32 KG / Jun 11	19935
Gold 10 Grams PKR / Jun 11	206876
Gold Spot USD/Ounce / Jun 11	2313.09
Cotton US¢/pound / Jun 11	72.32
Petrol/Litre / Jun 12	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 12 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 12 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 12 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 12 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 12 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 12 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 12 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 12 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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