Trends - import bill - Business Recorder

import bill

Jul-May period: C/A deficit narrows by 81pc on lower import bill

KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the...

Updated 20 Jun, 2023 09:00am

Second consecutive month: Pakistan posts $18m current account surplus in April

KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to...

Updated 17 May, 2023 09:52am

Business & Finance

C/A posts $654m surplus in March

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Published 20 Apr, 2023 06:30am

Opinion

Serious economic crisis due to austerity policies, and weak multilateralism

Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in...

Updated 07 Apr, 2023 06:32am

Pakistan

Need stressed to promote oil crops to lessen import bill

HYDERABAD: Dr Fateh Marri, Vice Chancellor, Sindh Agriculture University, has said that production problems have...

Published 27 Mar, 2023 06:44am

Cash margin requirement on goods import removed

KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of...

Updated 25 Mar, 2023 08:49am

Business & Finance

Jul-Feb CA declines 68pc YoY

KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal...

Published 21 Mar, 2023 06:29am

Business & Finance

Jul-Jan: C/A falls hugely on import curbs

KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of...

Published 21 Feb, 2023 05:57am

1,100MW K-3 inaugurated, China praised

PM Shehbaz inaugurates third unit of Karachi Nuclear Power Plant (Kanupp), which will produce 1,100 megawatts of electricity

Updated 03 Feb, 2023 09:00am

Country braces for fuel shortages?

KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating...

Updated 01 Feb, 2023 08:54am

Markets

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Updated 27 Jan, 2023 07:04pm

Signing of deal in March: Refineries to get Russian oil by April-end

Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan

Updated 27 Jan, 2023 09:02am

Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states

Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings

Updated 21 Jan, 2023 08:58am

C/A deficit dips 60pc in H1FY23 on lower imports

KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year...

Updated 19 Jan, 2023 08:42am

Business & Finance

PIAF opposes ‘proposed’ mini-budget, urges govt to curtail current expenditure

LAHORE The Pakistan Industrial and Traders Associations Front (PIAF) while expressing serious concern over the...

Published 14 Jan, 2023 07:14am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Pakistan

SBP rolls back import restrictions from January 2, 2023

Says authorised dealers may prioritise/ facilitate imports according to certain categories

Updated 27 Dec, 2022 09:05pm

Thar coal to be linked with PQ thru rail system

PC-I of the project has been prepared and is expected to be approved soon

Updated 26 Dec, 2022 09:39am

‘National contingency energy saving plan’ prepared to reduce import bill

ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Thursday that National Contingency...

Updated 16 Dec, 2022 09:27am

Business & Finance

Q1 C/A deficit down by 37pc

KARACHI: The country’s current account deficit declined by 37 percent during the first quarter of this fiscal year...

Published 20 Oct, 2022 07:15am

Renewable energy: PM speaks about its criticality, advocates higher investment

Says production of low priced-power would also remove the burden of price hike upon the general public

Updated 14 Sep, 2022 10:03am

Business & Finance

Debt servicing: Forex reserves fall by over $2bn in 5 weeks

Total liquid foreign exchange reserves plunge to $13.56 billion

Updated 12 Aug, 2022 10:31am

Editorials

Trade deficit

EDITORIAL: Pakistan exports declined by 24 percent in July compared to the month before — 2.219 billion dollars...

Published 04 Aug, 2022 06:44am

Stuck at ports: Clearance of containers still remains elusive

KARACHI: The clearance of hundreds of containers, stuck at ports under SRO 598/22 dated 19-5-2022, has become a...

Updated 01 Aug, 2022 09:47am

July import ebb to help arrest PKR slide: Miftah

Says that the Pakistani rupee, which has taken a beating against the US dollar in recent weeks, should see some improvement in 'two weeks'

Updated 01 Aug, 2022 09:50am

Miftah attributes PKR slide to grim political situation

Finance minister says there is no pressure on rupee from economic indicators

Updated 21 Jul, 2022 09:33am

July-May period: C/A deficit crosses $15bn mark

KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this...

Updated 29 Jun, 2022 09:50am

Markets

Critical level: SBP-held foreign exchange reserves fall to $8.99bn, lowest since Nov 2019

Decrease another $241mn on a weekly basis

Published 16 Jun, 2022 09:31pm

Markets

PD for subsidy withdrawal on HSD consumption by power sector

ISLAMABAD: The Petroleum Division has proposed withdrawal of subsidy on consumption of High Speed Diesel (HSD) by ...

Published 07 Jun, 2022 05:47am

Opinion

The sands of time are running out

Perplexed and checkmated by coalition partners and in panic to stem the nose dive of the country’s economy over ...

Published 21 May, 2022 04:34am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 9 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 9 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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