Trends - FX reserves - Business Recorder

FX reserves

FX reserves rise by $66m to $3.258bn

KARACHI: The total liquid foreign reserves held by State Bank of Pakistan (SBP) increased by $ 66 million to $ 3.258...

Published 24 Feb, 2023 06:00am

Business & Finance

Capital market in 2023: Low PE will continue due to external debt, political noise: Topline

KARACHI: Pakistan market performance in 2023 will continue to remain dull, mainly due to Pakistan’s external debt...

Updated 21 Dec, 2022 09:57am

FX reserves may rise in H2FY23: All debt repayments on track, says SBP governor

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said all debt repayments are on track and the...

Updated 09 Dec, 2022 09:30am

Pakistan faces currency crisis danger: Nomura

Nomura warns that Egypt, Romania, Sri Lanka, Turkey, Czech Republic and Hungary are also at a high risk of currency crises

Updated 23 Nov, 2022 09:38am

Markets

SBP-held foreign exchange reserves decline $176mn to $8.62bn

Central bank says decrease due to external debt, other payments

Published 15 Sep, 2022 07:21pm

Markets

Remittance inflow stands at $2.72bn in August, increases 7.9% month-on-month

Saudi Arabia remains most significant contributor to workers’ remittances with $692mn in August 2022

Updated 13 Sep, 2022 12:27pm

Business & Finance

Volatility in exchange rates: BMP underscores need for strict monitoring of banks, money market

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the...

Published 06 Aug, 2022 04:02am

Business & Finance

Asia posts biggest 6-month drop in FX reserves since 2015-16

SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to...

Published 02 Aug, 2022 05:36am

Business & Finance

India cenbank “correct” to use FX reserves to tackle rupee volatility

MUMBAI: The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth ...

Published 26 Jul, 2022 04:31am

Pakistan

Fitch downgrades Pakistan’s outlook to negative, sees 'considerable risks' to IMF programme

Renewed political volatility could undermine authorities' fiscal and external adjustment, it says

Updated 19 Jul, 2022 03:34pm

World

The big default? Dozen countries including Pakistan in danger zone

LONDON: Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves...

Updated 16 Jul, 2022 04:44pm

Markets

Roshan Digital Accounts: inflow clocks in at $250mn in June, up 32% month-on-month

Cumulative inflow reaches $4.606 billion in 22 months since start of programme
SBP says $800mn repatriated by RDA holders during this period

Updated 05 Jul, 2022 08:00pm

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

Rupee's winning streak against US dollar comes to an end amid negative economic developments

Currency appreciated for five successive sessions in inter-bank market before losing value on Friday

Updated 03 Jun, 2022 08:15pm

Business & Finance

IMF programme resumption only way for economic stability: Pakistan Business Council

Warns inaction will entail serious consequences bordering those in Sri Lanka

Updated 17 May, 2022 09:05pm

Markets

SBP-held foreign exchange reserves fall another $190mn, now stand at $10.31bn

Total reserves held by Pakistan stand at $16.38bn

Published 12 May, 2022 10:36pm

Business & Finance

Kuwaiti companies planning $750mn projects in Pakistan: report

Propose building a hydrogen plant and two smart cities

Updated 02 May, 2022 03:19pm

Business & Finance

China cuts banks’ FX reserve ratio to support yuan

SHANGHAI/SINGAPORE: China’s central bank said on Monday it would cut the amount of foreign exchange banks must ...

Published 26 Apr, 2022 05:20am

Pakistan

SBP governor confident recent measures will help market sentiment

Says falling foreign exchange reserves concerning, but central bank has moved to arrest deterioration

Updated 09 Apr, 2022 07:43pm

Cement exports: Manufacturers, revenue collection, FX reserves affected badly by decline

LAHORE: Steep decline in cement exports is hurting not only the cement manufacturers but also the government’s...

Updated 07 Apr, 2022 11:03am

World

Afghan central bank says US plan for frozen funds an ‘injustice’

KABUL: Afghanistan’s central bank on Saturday criticised Washington’s plan to use half the bank’s $7 billion ...

Published 13 Feb, 2022 05:48am

Business & Finance

Turkish cenbank’s net FX reserves surge to $16.33bn

ISTANBUL: The Turkish central bank’s net international reserves leapt $5.8 billion last week to $16.33 billion as...

Published 11 Feb, 2022 04:31am

Markets

SBP's foreign exchange reserves up $2.6bn

State Bank of Pakistan's reserves increase by $2,647.9 million to $ 18.66 billion

Updated 10 Dec, 2021 05:06pm

Business & Finance

Pakistan's net international reserves set to increase: SBP governor

Dr Reza Baqir says IMF's newly-approved SDR allocation could not have come at a better time for Pakistan that is in recovery mode
No alarm bells for Pakistan's economy, adds central bank chief

Updated 13 Aug, 2021 07:21pm

Markets

Pakistan's foreign exchange reserves fall to $24.644 billion

Fall attributed to debt repayments and vaccine procurement

Published 12 Aug, 2021 08:06pm

Markets

Pakistan's foreign exchange reserves fall to $24.875 billion

Reserves fall over $250 million on a weekly basis, according to data released by the SBP

Published 29 Jul, 2021 08:35pm

Business & Finance

Turkish central bank's net FX reserves rise to $20.91bn

They plunged in 2019-2020 as state banks sold off $128 billion to stabilise the lira, which still fell 20% in 2020.
Bank's outstanding swap transactions stood at $44.689 billion as of Wednesday.

Published 01 Jul, 2021 04:50pm

Business & Finance

Pakistan's foreign exchange reserves fall to $23.26 billion

Reserves held with SBP fall $311 million
Fall attributed to external debt repayments

Published 24 Jun, 2021 06:11pm

JP Morgan puts weight behind Pakistan's economy, but cautions over challenges

In its report, 'Pakistan: Reassessing the investment thesis', JP Morgan says impact of remittances to fade in coming months

Updated 10 Jun, 2021 09:47pm

Business & Finance

Pakistan's foreign exchange reserves reach $23.6 billion

SBP receives proceeds from Green Eurobond, reserves held by central bank reach $16.4 billon

Published 10 Jun, 2021 06:32pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.82
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 31	4082.17
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Nasdaq / Mar 31	12133.90
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7638.94
Dow Jones / Mar 31	33079.75
Germany DAX 30 / Mar 31	15641.10
France CAC40 / Mar 31	7330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Crude Oil USD/Barrel / Mar 31	75.20
Gold 10 Grams PKR / Mar 31	178927
Gold Spot USD/Ounce / Mar 31	1979.46
Cotton US¢/pound / Mar 31	83.26

FX reserves

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