Trends - IMF - Business Recorder

IMF

Pakistan, IMF begin crucial talks in Doha as economy stumbles

Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme

Updated 18 May, 2022 02:17pm

Business & Finance

Currency's collapse continues: Rupee closes at 198.39 in inter-bank market, crosses 200 in open

Cumulative fall in inter-bank market hits 11% in less than 5 months

Updated 18 May, 2022 05:55pm

BR Research

Rising financing needs

Today is a T-Bill auction. The fiscal financing needs are growing, while the avenues to finance are drying. SBP...

Published 18 May, 2022 08:32am

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 May, 2022 05:54am

IMF talks to begin today at Doha

ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that a team of the Finance Division has gone to Doha (on...

Updated 18 May, 2022 10:43am

PD all set to share ‘reform plan’ with IMF

ISLAMABAD: Power Division is all set to share its ‘power sector reforms plan’ with the International Monetary...

Updated 18 May, 2022 10:23am

Markets

KSE-100 ends 0.14% higher in range-bound session

Cherry-picking by market players lifted index upward while panic-induced selloff added to downside pressure

Published 17 May, 2022 05:50pm

Business & Finance

MPC meeting: Majority polled expect major spike in policy rate

Many anticipate rate hike of 100 bps ahead of MPC meeting scheduled for May 23

Updated 17 May, 2022 09:06pm

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

Rupee sinks for ninth successive session, closes at 195.74 in inter-bank trading

Downward trend fuelled by economic and political uncertainty; lack of clarity on revival of the $6bn IMF programme

Updated 17 May, 2022 09:01pm

Business & Finance

External debt, C/A deficit termed daunting economic issues

ISLAMABAD: Pakistan’s external debt and current account deficit are the biggest economic issues and require...

Published 17 May, 2022 06:28am

Editorials

Inaction is not an option

EDITORIAL: With the passage of time it is becoming increasingly clear that the strategy of the eleven plus ...

Published 17 May, 2022 05:39am

Markets

Keeping petrol prices unchanged sent wrong signals to IMF: economist

LAHORE: The current government is making all-out efforts to facilitate the masses but keeping petroleum prices...

Published 17 May, 2022 05:39am

World

Thousands in Tunisia protest against president, demand democratic return

TUNIS: Thousands of Tunisians protested on Sunday against President Kais Saied, demanding a return to the normal...

Published 16 May, 2022 05:42am

Opinion

The political battlefield

Last week, crucial economic and political decisions took place in London. Pakistan Muslim League-Nawaz (PML-N) ...

Published 16 May, 2022 05:42am

Pakistan

Tarin claims PTI govt never promised IMF to end subsidy

ISLAMABAD: Former finance minister Shaukat Tarin has criticised the Pakistan Muslim League-Nawaz (PML-N) government...

Published 16 May, 2022 05:42am

Kohala power plant: Chinese firm reluctant to accord approval

ISLAMABAD: China Export & Credit Insurance, Sinosure, is reportedly reluctant to accord approval to 1124-MW...

Updated 16 May, 2022 09:40am

No raise in POL products’ prices for now: govt

ISLAMABAD: The government has decided not to increase the petroleum prices at this point in time but did not rule...

Updated 16 May, 2022 09:40am

Opinion

The IMF surcharge is unfair

Pakistan is one of 14 countries adversely affected by the International Monetary Fund (IMF) loans which trigger...

Published 16 May, 2022 05:42am

Markets

PKR loses 3.1pc

KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ...

Published 16 May, 2022 05:42am

Markets

IMF boosts weight of Chinese yuan, dollar in currency basket

NEW YORK: The International Monetary Fund has lifted the weight of China's yuan and the US dollar in the...

Updated 15 May, 2022 10:45pm

Petroleum products’ rates to rise sharply if subsidy withdrawn

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out a massive increase in the prices of petroleum...

Updated 15 May, 2022 08:28am

Opinion

Controlling inflation and financing deficits — I

In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a...

Published 14 May, 2022 04:05am

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 14 May, 2022 04:05am

Business & Finance

MSCI’s May SAIR results unveiled: Pakistan’s weight reduced to around 1.0pc from 1.6pc

KARACHI: MSCI, a leading provider of critical decision support tools and services, announced the results of the...

Published 14 May, 2022 04:05am

IMF to initiate staff mission with Pakistan in Doha on 18th

ISLAMABAD: The International Monetary Fund (IMF) will start a staff mission on May 18 with the Pakistani authorities...

Updated 14 May, 2022 09:22am

‘Violation’ of IMF pact by PTI govt led to surge in USD rates: Miftah

KARACHI: Federal Minister for Finance, Miftah Ismail Friday has said the current surge in the US dollar and...

Updated 14 May, 2022 09:50am

Opinion

Pakistan, IMF & SBP

The expected dividends of Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf are still awaited....

Published 13 May, 2022 05:59am

Opinion

An economic doomsday?

Economy is the most important aspect of a modern state’s life. Pakistan faces an unprecedented and deep economic...

Published 13 May, 2022 05:59am

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 13 May, 2022 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Cotton US¢/pound / May 1	78.01
Petrol/Litre / May 2	288.49

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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