Trends - IMF Program - Business Recorder

IMF Program

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

Ishaq Dar has inflicted huge financial dent to Pakistan: Miftah Ismail

Former finance minister says Dar thought he could run the economy without IMF programme

Updated 26 Jan, 2023 06:48pm

World

China offers Sri Lanka debt moratorium, IMF help still in doubt

NEW DELHI/COLOMBO: The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said...

Published 24 Jan, 2023 07:01pm

BR Research

CAD down; crisis up

The current account deficit stood at $400 million in Dec-22 and $1.2 billion for the second quarter – down by 78...

Published 20 Jan, 2023 09:12am

BR Research

US-Pak: the year ahead

Can the US-Pak bilateral ties build on the progress made last year (despite some turbulence) and provide some...

Published 04 Jan, 2023 09:12am

Key phrase: ‘structural reforms’

State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy

Updated 22 Dec, 2022 09:52am

Pakistan

Political parties urged to unveil their economic agendas

KARACHI: The Pakistan Businesses Forum (PBF) CEO, Ahmad Jawad, has urged mainstream political parties to share their...

Published 06 Dec, 2022 05:58am

Markets

Rupee continues to fall, settles at 223.66 against US dollar

Currency has lost Rs2.24 or 1% against the greenback in the last seven trading sessions

Updated 21 Nov, 2022 09:28pm

BR Research

PSDP’s big drop

The first quarter’s development spending in FY23 was widely expected to remain off the mark, considering that the...

Published 10 Nov, 2022 08:05am

BR Research

Petroleum prices: PL offers manoeuvring room

Dar was not a fan of increasing petroleum prices. At least not from the outside. At the first chance, he made sure...

Published 03 Oct, 2022 08:38am

Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

KARACHI: Pakistan’s dollar bond maturing in 2022 fell by 12 percent on Friday whereas dollar bond maturing in 2024...

Updated 24 Sep, 2022 10:12am

Business & Finance

Country is out of crisis now, says Aisha

LAHORE: Minister of State for Finance and Revenue, Dr. Aisha Ghaus Pasha Tuesday said the country is not only facing...

Updated 21 Sep, 2022 10:31am

Pakistan

IMF programme revival credit positive, but challenges remain, says Moody’s

Rating agency says ongoing floods will add to inflationary pressures in Pakistan, while imports would also rise

Updated 05 Sep, 2022 09:18pm

Pakistan

Average inflation in Pakistan to clock in at 19.9% in FY23, IMF expects

Global lender fears high inflation can also result in protests in the country

Updated 02 Sep, 2022 07:29pm

BR Research

PL keeps petrol price high

Whether the three times former PM left the meeting midway this time or not, it is not out there yet, but the...

Published 02 Sep, 2022 08:35am

Markets

PSX stages smart rally

KARACHI: Pakistan Stock Exchange Wednesday witnessed a bull-run after clarity over the IMF program resumption that...

Published 04 Aug, 2022 05:43am

Business & Finance

Pakistan's financing needs fully met for this year, says SBP chief

Dr Murtaza Syed reiterates that 'unwarranted' market concerns about country's financial position will dissipate in weeks

Updated 23 Jul, 2022 09:01pm

Markets

Hammered by US dollar, rupee closes at record low of 221.99

Falls Rs6.79 or 3.06% in inter-bank market on Tuesday

Updated 19 Jul, 2022 05:51pm

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

Bond, money markets rally as yields fall 30-70bps

Analyst says yields have started falling since Pakistan reached accord with IMF

Updated 16 Jul, 2022 12:37pm

Markets

PSX in green zone

KARACHI: Pakistan Stock Exchange witnessed bullish trend on the first day after long Eid holidays due to healthy...

Published 14 Jul, 2022 05:00am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jan 28 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 28 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 28 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 28 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jan 28 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 28 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 28 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 28 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Volume
Pak Refinery / Jan 28 Pakistan Refinery Limited(PRL)	14,225,354 ▼ 0.00
Cnergyico PK / Jan 28 Cnergyico PK Limited(CNERGY)	13,167,971 ▼ 0.00
Fauji Foods Ltd / Jan 28 Fauji Foods Limited(FFL)	12,526,831 ▼ 0.00
WorldCall Telecom / Jan 28 Worldcall Telecom Limited(WTL)	9,891,019 ▼ 0.00
K-Electric Ltd. / Jan 28 K-Electric Limited(KEL)	9,686,092 ▼ 0.00
Hub Power Co. / Jan 28 The Hub Power Company Limited(HUBC)	8,819,700 ▼ 0.00
Habib Bank / Jan 28 Habib Bank Limited(HBL)	8,556,359 ▼ 0.00
Engro Polymer / Jan 28 Engro Polymer & Chemicals Limited(EPCL)	6,713,796 ▼ 0.00
Maple Leaf Cement / Jan 28 Maple Leaf Cement Factory Limited(MLCF)	5,509,833 ▼ 0.00
Lotte Chemical / Jan 28 Lotte Chemical Pakistan Limited(LOTCHEM)	5,393,473 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.88
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 27	4.31

Stock	Volume
S&P 500 / Jan 27	4070.56
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27382.56
Nasdaq / Jan 27	11621.71
Hang Seng / Jan 27	22688.90
FTSE 100 / Jan 27	7765.15
Dow Jones / Jan 27	33978.08
Germany DAX 30 / Jan 27	15150.03
France CAC40 / Jan 27	7097.21

Item	Value
Crude Oil USD/Barrel / Jan 27	79.68
Karachi Cotton PKR/37.32 KG / Jan 27	20235
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1928.04
Cotton US¢/pound / Jan 27	86.89

IMF Program

Most Popular Articles