Trends - IMF - Business Recorder

IMF

The woeful rupee slide

EDITORIAL: The rupee remains in a free fall and a number of relevant economic rationale and explanations are being...

Published 23 Jun, 2022 06:05am

Pakistan

Chinese consortium signs $2.3bn refinancing agreement with Pakistan: Miftah

Finance minister says country thanks the Chinese government for facilitating the transaction

Updated 22 Jun, 2022 06:53pm

World

Crisis-hit Sri Lanka plans donor conference with China, India and Japan

COLOMBO: Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance to find...

Published 22 Jun, 2022 01:25pm

Markets

Rupee ends lower against US dollar after intra-day improvement

Hype over progress with IMF fails to stop rupee's slide, currency depreciates for 9th successive session

Updated 22 Jun, 2022 06:48pm

Pakistan

Pakistan, IMF make 'progress on FY23 budget', move closer to programme revival

Pakistan authorities commit to generating Rs436bn in taxes and increasing petroleum levy gradually each month

Updated 22 Jun, 2022 12:48pm

Opinion

Oil, gas prices: need for stabilisation fund

Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and...

Published 22 Jun, 2022 05:58am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 22 Jun, 2022 05:58am

Economic recovery: PM signals announcement of more tough decisions

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday stated that the coalition government would not hesitate to take...

Updated 22 Jun, 2022 10:00am

Editorials

Budget falls far short of IMF conditionalities

EDITORIAL: The budget for 2022-23 not only did not implement key International Monetary Fund (IMF) conditions,...

Published 22 Jun, 2022 05:58am

Markets

Pakistani Rupee Asia's worst-performing currency during 2022

The PKR has depreciated 16.5% against the US dollar since December 31, 2021

Published 21 Jun, 2022 07:49pm

Pakistan

Govt may take more harsh decisions to improve economy: PM Shehbaz

PM admits difficult measures have dragged lower income segment into misery

Updated 21 Jun, 2022 09:33pm

Markets

KSE-100 gains nearly 750 points over hope of IMF programme revival

Key benchmark index gains during second half of the session to power past 42,500 level

Updated 21 Jun, 2022 09:18pm

Markets

The fall continues: Rupee closes at 211.48 against US dollar

Currency loses value for 8th successive session, taking cumulative fall to 5.18%

Updated 21 Jun, 2022 08:05pm

BR Research

No break for FDI sorrows

Foreign direct investment - as crucial as it is – has been critically weak in Pakistan over the last decade with ...

Published 21 Jun, 2022 09:26am

Opinion

A constrained budget

The federal budget of 2022-23 has been presented in a difficult and uncertain economic and political environment in...

Published 21 Jun, 2022 05:51am

IMF holds talks in Sri Lanka

COLOMBO: An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country’s...

Published 21 Jun, 2022 05:51am

Pakistan

Miftah hopeful of IMF programme revival in 1-2 days

Finance minister says tax relief announced for salaried group with income upto Rs1.2 million a year will stay

Updated 20 Jun, 2022 08:45pm

Markets

KSE-100 drops 0.86% amid profit-taking at PSX

Investor participation lingers in lackluster zone over concerns of resumption of IMF programme, says one analyst

Updated 20 Jun, 2022 07:21pm

BR Research

On CPEC revival

Since coming to power two months ago, PM Shehbaz Sharif has repeatedly emphasized the importance of the...

Published 20 Jun, 2022 09:36am

Opinion

Iran: demand for bread increasing

Outside his butchery in the south of Iran’s capital, Ali cuts up a sheep carcass for customers who, like him, have...

Published 20 Jun, 2022 07:25am

Opinion

Economy: the best case scenario

The worst case economic scenario has already been shared with the public: be ready for more hikes in electricity and...

Published 20 Jun, 2022 07:25am

Editorials

Blaming IMF is easy

EDITORIAL: Fuel prices have been raised for the third time, effective 16 June, in exactly three weeks — this time...

Published 20 Jun, 2022 07:25am

Markets

PKR: 3.1pc fall over the course of five sessions

KARACHI: The rupee endured another horrendous week, closing at an all-time low of 208.75 against the US dollar after...

Published 20 Jun, 2022 05:51am

Business & Finance

Experts call for increasing reliance on indigenous resources for power

LAHORE: While the country looking for borrowings from IMF, analysts called for introducing a long-term strategy to...

Published 20 Jun, 2022 05:51am

Business & Finance

SBP urged to take steps for stopping rupee devaluation

Vice President of PBF Ahmad Jawad says Pakistan cannot afford a 'dollarised' economy

Updated 19 Jun, 2022 09:46am

Govt fails to satisfy IMF despite big hike in POL prices: Tarin

ISLAMABAD: Former federal minister for finance and revenue, Shaukat Tarin Friday said that the “imported regime”...

Updated 18 Jun, 2022 09:56am

Pakistan

Budget debate: GDA lambastes govt over fuel price surge

ISLAMABAD: A dissident of Pakistan Tehreek-e-Insaf (PTI) Noor Alam Khan on Friday demanded the government to present...

Published 18 Jun, 2022 06:00am

Pakistan

Development projects: Sindh govt criticised for ignoring Hyderabad

KARACHI: The Sindh Assembly on Friday began its post-budget 2022-23 debate, as treasury members lauded their...

Published 18 Jun, 2022 06:00am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 18 Jun, 2022 06:00am

Business & Finance

Pakistan LNG seeks four cargoes for July delivery

KARACHI: Pakistan LNG Limited (PLL) is seeking four shipments of liquefied natural gas (LNG) for delivery in July,...

Published 18 Jun, 2022 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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