Trends - IMF - Business Recorder

IMF

$2.89bn borrowed from multiple financing sources in July

ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the...

Updated 22 Aug, 2023 09:12am

Power sector grabs finance minister’s immediate attention

Caretaker Finance Minister Shamshad Akhtar visits Federal Board of Revenue to review progress so far on implementation of $3 billion Stand-by-Arrangement of the International Monetary Fund

Updated 22 Aug, 2023 10:06am

BR Research

CAD roundup: scary start to FY24

The current account is back in the red with relaxation on imports, a condition of the SBA with IMF. The deficit...

Updated 21 Aug, 2023 08:56pm

Opinion

Caretakers must ensure fiscal discipline

The last official document on the state of the economy prior to the end of the tenure of the eleven-party coalition...

Published 21 Aug, 2023 06:43am

Opinion

New tenants in ‘Block Q’ neighbourhood

The macro numbers are not showing a good picture. Inflation is creeping up again. The current account posted a...

Updated 21 Aug, 2023 07:53am

FPCCI’s BMP says concerned at rupee slide

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s (FPCCI) Businessmen Panel (BMP) has said...

Updated 21 Aug, 2023 09:33am

Editorials

Continuity of policies

EDITORIAL: Caretaker Prime Minister Anwaarul Haq Kakar has pledged to continue the economic policies of the outgoing...

Published 21 Aug, 2023 06:43am

Opinion

‘Ominous start to new (fiscal) year’

This is apropos a Business Recorder editorial “Ominous start to new (fiscal) year” carried by the newspaper...

Published 20 Aug, 2023 03:20am

Editorials

Ominous start to new (fiscal) year

EDITORIAL: A 19.3 percent year-on-year drop in remittances in July isn’t exactly how the outgoing government...

Published 19 Aug, 2023 06:46am

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 Aug, 2023 07:17am

Opinion

Economy needs stimulus

The economy is headed towards a deep recession. Only a well-targeted fiscal stimulus can avert the incoming crisis....

Published 18 Aug, 2023 06:13am

Opinion

Pakistan & Argentina: two economic scenarios

“On July 28, the Argentine authorities and IMF staff reached a staff-level agreement on the combined fifth and sixth...

Updated 18 Aug, 2023 06:17am

Opinion

Economic policy by the interim govt

Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on...

Updated 18 Aug, 2023 06:22am

Opinion

The lack of continuity means things go wrong

It is heartening to note that in his maiden meeting as the eighth caretaker prime minister of Pakistan Anwaarul Haq...

Published 17 Aug, 2023 03:49am

Opinion

Return to the gold standard?

Mr Market remembers mid-August as the time when, on 15 August 1971, US President Richard Nixon interrupted the hit ...

Published 17 Aug, 2023 03:49am

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 17 Aug, 2023 03:49am

BR Research

Currency: Aftershocks to the system

The currency is slipping again. There is pressure on the currency for the last few working days in the open market...

Published 16 Aug, 2023 08:35am

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 16 Aug, 2023 05:50am

High interest rates, power tariffs, costly raw materials: Textile sector will continue to face economic headwinds: APTMA

ISLAMABAD: The textile sector will continue to experience economic headwinds related to high interest rates,...

Updated 16 Aug, 2023 10:42am

World

IMF staff to visit Sri Lanka in Sept for first programme review

LONDON: An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on...

Published 15 Aug, 2023 11:38pm

Opinion

Mixed start of FY2023-24

The current financial year, 2023-24, started on a very positive note. The talks with the IMF (International Monetary...

Published 15 Aug, 2023 06:49am

Opinion

Gas: No more window dressing, please

Reportedly, the plan to reduce the gas circular debt has been shared with the IMF. It has two components – one is...

Updated 15 Aug, 2023 06:57am

Editorials

Mere legislation does not mean reform

EDITORIAL: Yesterday marked the country’s seventy-seventh Independence Day. While the honour to hoist the flag on...

Published 15 Aug, 2023 06:30am

Global conditions contributed to higher inflation in Pakistan: SBP

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that global economic conditions have largely...

Updated 15 Aug, 2023 10:02am

Business & Finance

Air Link CEO says things ‘back on track’ as LC restrictions ease

Muzzaffar Hayat Piracha says post IMF programme, company producing more cellphones than before

Updated 15 Aug, 2023 02:50pm

Pakistan

Monetary policy is ‘dictated’ by IMF: PDP

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said we are an independent nation, but we can’t...

Published 15 Aug, 2023 06:30am

Shehbaz narrates his achievements in farewell address

ISLAMABAD: Outgoing Prime Minister Shehbaz Sharif said that the Pakistan Democratic Movement (PDM)-led government...

Updated 14 Aug, 2023 10:11am

Opinion

Wishing Kakar success

In his last op-ed for this newspaper, noted economist Dr. Hafiz A. Pasha concluded his argument on an interesting...

Published 13 Aug, 2023 02:55am

Opinion

CPEC — a game changer for Pakistan

The China-Pakistan Economic Corridor (CPEC) project since its launch on April 20, 2015, by President Xi Jinping...

Updated 12 Aug, 2023 07:35am

Editorials

Conflict impacting food security

EDITORIAL: One victim of the Russia-Ukraine war is international supply of food grain. A few days ago, President...

Published 12 Aug, 2023 06:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Cotton US¢/pound / Apr 23	82.37
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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