Trends - IMF deal - Business Recorder

IMF deal

What’s beyond SLA?

The IMF deal is still stuck. The Staff Level Agreement (SLA) is yet to be completed. It’s highly likely that SLA...

Published 09 Mar, 2023 07:25am

Pakistan

Measures to revive IMF deal: President Alvi advises taking parliament into confidence 'more appropriate'

Finance Division statement says the president has called for an immediate session so that bill is enacted without delay

Updated 14 Feb, 2023 11:34pm

Pakistan

Fitch Ratings downgrades Pakistan’s foreign-currency IDR to ‘CCC-’

Says default or debt restructuring is an increasingly real possibility

Updated 14 Feb, 2023 07:39pm

IMF, govt look to reach deal

ISLAMABAD: Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani...

Updated 14 Feb, 2023 09:04am

Pakistan

IMF mission to visit Pakistan in November

IMF is encouraging Pakistan to move from an untargeted subsidy that is a waste of resources, says Fund's official

Updated 14 Oct, 2022 11:19pm

Markets

Finance ministry estimates flood losses at $18.5bn: Miftah Ismail

Finance minister assures textile sector that govt will supply cotton and fuel 'no matter what we have to do'

Updated 10 Sep, 2022 10:24pm

BR Research

More instability?

It is apparent that even the devastating floods, whose losses continue to mount, have failed to lower the political...

Published 09 Sep, 2022 08:33am

Pakistan

Pakistan should seek relief from IMF, ask Russia for cheap oil: Shaukat Tarin

Former finance minister says govt needs to focus on providing relief to people in the wake of devastating floods

Updated 03 Sep, 2022 04:53pm

Markets

Rupee settles with marginal drop against US dollar

Closes at 214.95 in inter-bank market on Thursday

Updated 18 Aug, 2022 09:04pm

Pakistan

Extended Fund Facility: Pakistan receives Letter of Intent from IMF

Board meeting expected at the end of August

Updated 12 Aug, 2022 08:11pm

Markets

7th successive gain: Rupee closes at 221.91 against US dollar

Currency has strengthened over 8% since hitting its all-time low in inter-bank market last month

Updated 10 Aug, 2022 08:01pm

Pakistan

Dollar’s value to be below Rs200 after IMF deal: Ahsan

LAHORE: Terming appreciation in the dollars’ worth against Pak rupee as ‘artificial and speculative’, Federal...

Updated 31 Jul, 2022 09:58am

Pakistan

Pakistan’s GDP growth projected to 'recover slightly' in FY23: ADB

Asian Development Outlook Supplement highlights SBP among most aggressive central banks in region

Updated 21 Jul, 2022 06:18pm

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

Business & Finance

IMF's staff-level agreement a credit positive for Pakistan: Moody’s

Agreement paves way for release of $1.2 billion in IMF financing, says Moody's

Updated 18 Jul, 2022 06:03pm

Pakistan

Miftah says he expects IMF Board approval in August

Finance minister says govt has completed all prior actions

Updated 16 Jul, 2022 02:11pm

Markets

Tarin ‘worried’ over rupee’s fall despite IMF nod

Former finance minister Shaukat Tarin on Friday expressed his concern over decline in the rupee's value against the...

Published 15 Jul, 2022 05:43pm

Markets

Stocks maintain bullish tone

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Thursday after announcement of the IMF’s staff...

Published 15 Jul, 2022 06:20am

Pakistan

PM Shehbaz announces cut in petrol price by Rs18.5 per litre

Price of diesel slashed by Rs40.54

Updated 14 Jul, 2022 11:05pm

Pakistan

Stage set to bring Pakistan out of economic difficulty, says PM Shehbaz after IMF nod

Congratulates finance and foreign office teams 'for efforts in getting the IMF program revived'

Updated 14 Jul, 2022 07:14pm

Markets

Pakistan's rupee closes with marginal gain against US dollar

Some intra-day gains erased after dollar strengthens

Updated 14 Jul, 2022 07:19pm

Business & Finance

Delay in IMF deal increases pressure on PKR: Mian Zahid

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

Published 10 Jun, 2022 07:38am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

IMF deal

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