Trends - IMF Pakistan - Business Recorder

IMF Pakistan

Brokerage house AHL expects KSE-100 to provide upside of 24% in FY24

AHL says KSE-100 could power past 56,000 level by June 2024

Updated 15 Jul, 2023 11:52pm

Pakistan

After Saudi Arabia and UAE deposits, Pakistan expects another $2.6bn in financing: report

Pakistan will draw $5.6 billion in financing, Bloomberg News reported on Friday, an amount that includes inflows...

Updated 14 Jul, 2023 09:00pm

Markets

IMF delves into reasons behind ‘shorter’ programme with Pakistan

Nine-month Stand-By Arrangement provides time to implement policies critical to strengthening Pakistan's economic situation, says IMF’s Director of Strategic Communications Julie Kozack

Updated 14 Jul, 2023 08:59pm

Pakistan

IMF stresses on ‘staying within agreed policy framework, securing financing’

Washington-based lender says it has taken note of recent (political) developments, and hopes peaceful way forward is found

Updated 14 May, 2023 06:00pm

Pakistan

IMF reiterates ‘necessary financing’ condition for completion of Pakistan’s ninth review

Says it supports authorities in implementation of policies in the period ahead, including in the technical work to prepare the FY24 budget

Updated 05 May, 2023 03:12pm

Pakistan

Public debt-to-GDP ratios have continued to rise in Pakistan: IMF

ISLAMABAD: The public debt-to-GDP ratios have continued to rise in Pakistan, reflecting the combination of...

Published 04 May, 2023 07:37pm

Markets

High inflation, economic slowdown: 'Pakistan still facing considerable challenges'

In its ‘Monthly Economic Update & Outlook', finance ministry says headline inflation expected to remain at elevated level

Updated 29 Apr, 2023 10:08pm

Pakistan

IMF wants more 'necessary funding assurances' for successful completion of Pakistan's 9th review

Mission Chief for Pakistan Nathan Porter says there was agreement between Pakistani delegation and IMF staff/management to maintain strong policies and secure sufficient financing

Updated 15 Apr, 2023 08:31pm

Markets

UAE confirms to IMF its $1bn bilateral support to Pakistan, says Dar

Finance minister says SBP now engaged with authorities over the required documentation

Updated 14 Apr, 2023 04:19pm

Markets

Rupee plunges to new all-time low against US dollar

Currency closes at 288.43 in inter-bank market

Updated 11 Apr, 2023 07:24pm

Pakistan

China urges all to play 'constructive role in Pakistan’s economic stability efforts'

Spokesperson Mao Ning says Western-dominated commercial creditors and multilateral financial institutions account for the lion’s share of developing countries’ debt

Updated 03 Mar, 2023 06:33pm

Pakistan

Pakistan will need another IMF programme in June: Dr Murtaza Syed

Calls Pakistan's economic crisis the worst in history steered by domestic and global reasons

Updated 24 Feb, 2023 05:53pm

Pakistan

President Alvi approves Finance (Supplementary) Bill 2023

Also known as the mini-budget, the bill is key to unlocking the next tranche of the IMF programme

Updated 23 Feb, 2023 05:11pm

Pakistan

Cabinet members to forgo salaries, perks, says PM Shehbaz while announcing austerity measures

All luxury cars being used by cabinet members will be auctioned, Toshakhana record to be made public, says PM

Updated 22 Feb, 2023 08:03pm

Markets

Rupee back to winning ways, settles at 261.9 against US dollar

Currency records appreciation of 0.23% in inter-bank market

Updated 22 Feb, 2023 08:09pm

Markets

KSE-100 recovers some losses, up 0.43%

Indices sway in both directions while volumes decline from previous close

Published 15 Feb, 2023 05:52pm

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

Business & Finance

Pakistan’s external position under significant stress: Moody’s

Revenue-raising measures will likely be among prior actions that the International Monetary Fund (IMF) requires...

Updated 10 Feb, 2023 09:35pm

Pakistan

No official announcement on IMF programme made yet

IMF funding is crucial for country facing a balance-of-payments crisis

Updated 09 Feb, 2023 11:43pm

Pakistan

Nation to hear good news about IMF programme soon: Ishaq Dar

Finance minister says negotiations 'on track'

Updated 09 Feb, 2023 08:56pm

Markets

Debt reprofiling viable option for Pakistan under IMF watch: report

Arif Habib Limited says Pakistan has a long way to go to address macroeconomic vulnerabilities

Updated 07 Feb, 2023 04:08pm

Markets

IMF should work with Pakistan to protect the deprived: Human Rights Watch

Says conditions the IMF places on its loan could either 'exacerbate social and economic hardship or provide desperately needed relief to Pakistanis while addressing crisis’s underlying causes'

Updated 07 Feb, 2023 11:12pm

Markets

New historic low: rupee settles at 271.36 against US dollar

Depreciates 0.93% in inter-bank market on Thursday

Updated 02 Feb, 2023 08:59pm

Markets

Gold price sees biggest one-day decline, retreats to Rs201,500 per tola in Pakistan

Rupee appreciation, hopes of positive outcome of talks with IMF steer decrease

Published 31 Jan, 2023 07:43pm

Markets

KSE-100 jumps 800 points owing to optimism over IMF talks

Slight appreciation in rupee also helps investor sentiment

Updated 31 Jan, 2023 05:10pm

Markets

Gold price shoots to record high, now stands at Rs202,500 per tola

Surge comes after sharp rupee depreciation against dollar

Published 27 Jan, 2023 07:49pm

Pakistan

PBC urges authorities to augment IMF programme

The Pakistan Business Council (PBC) has welcomed the development regarding arrival of the International Monetary...

Updated 27 Jan, 2023 06:17pm

Markets

Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn

Liquid foreign reserves held by the country now stand at $9.5bn

Updated 26 Jan, 2023 08:35pm

Pakistan

IMF says Fund mission scheduled to visit Islamabad at end of January

Will continue discussions under ninth EFF review

Updated 26 Jan, 2023 08:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Cotton US¢/pound / Apr 29	82.15
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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