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interest rate

SBP Overnight Repo rates

KARACHI: The State Bank of Pakistan (SBP) has decided to decrease ‘Policy Rate’ (Target Rate) from 19.50 percent...

Published 13 Sep, 2024 06:13am

Business & Finance

PHMA wants interest rate in single-digit

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged the State Bank to cut interest...

Published 13 Sep, 2024 06:13am

Business & Finance

SBP made its most aggressive move on the interest rate, but business associations are still unhappy

The State Bank of Pakistan (SBP) moved more aggressively on the key interest rate than what the wider market had...

Updated 12 Sep, 2024 09:26pm

Markets

Most aggressive cut since April 2020: SBP reduces key policy rate by 200bps, brings it down to 17.5%

Pace of disinflation exceeded earlier expectations, says central bank
The previous occasion SBP moved with this quantum of reduction was in April 2020

Updated 12 Sep, 2024 10:54pm

Markets

KSE-100 gains on anticipation of reduction in key policy rate

Bullish sentiments were witnessed at the Pakistan Stock Exchange (PSX), amid expectations of further reduction in...

Updated 12 Sep, 2024 10:05pm

World

Fed seen cutting policy rate by 25 bps next week

WASHINGTON: US central bankers will likely start long-awaited interest-rate cuts next week with a...

Published 12 Sep, 2024 03:48am

Business & Finance

Traders urge govt to reduce interest rate to boost economic growth

PESHAWAR: Members of the business community urged the government to reduce the current interest rate for economic...

Published 10 Sep, 2024 06:32am

Business & Finance

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Opinion

Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to...

Updated 09 Sep, 2024 08:02am

Business & Finance

FPCCI seeks 400bps cut in interest rate

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and ...

Updated 07 Sep, 2024 09:00am

Business & Finance

Further ease in monetary policy stance expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy...

Published 06 Sep, 2024 07:53am

Business & Finance

KCCI chief urges SBP to reduce interest rate ‘substantially’

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI)...

Published 05 Sep, 2024 06:19am

Business & Finance

Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans

LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for...

Published 28 Aug, 2024 06:22am

MoF, SBP inform Senate panel: Govt borrowed from IMF at 5.09pc interest rate in 2023

Senate Standing Committee on Economic Affairs seeks details of utilisation of the loan

Updated 23 Aug, 2024 11:28am

Opinion

Against monetary dogma

“We’re captive on the carousel of time,” sang Joni Mitchell, “and go round and round and round/In the circle game.”...

Published 20 Aug, 2024 07:08am

Business & Finance

Investment in Pakistan: Govt urged to collaborate with FPCCI

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a...

Published 16 Aug, 2024 06:56am

Opinion

Need for revisiting 2 percent inflation target

‘The stock market crash is – perhaps – the long-awaited signal of a US economic slump.…The market meltdown...

Published 09 Aug, 2024 06:56am

Editorials

SBP Governor: cautious optimism

EDITORIAL: The Governor of State Bank of Pakistan, Jamil Ahmed, clarified to the National Assembly’s Standing...

Published 09 Aug, 2024 06:56am

Briefing to NA panel: SBP governor seeks structural reforms in key sectors

ISLAMABAD: There is a need for structural reforms in various sectors of the economy to tackle the existing...

Updated 08 Aug, 2024 08:58am

Business & Finance

Dagha underscores need for ‘substantial’ policy rate cut

KARACHI: Chairman Policy Research Advocacy Council of Karachi Chamber of Commerce & Industry (PRAC-KCCI) ...

Updated 07 Aug, 2024 07:29am

Business & Finance

‘Meagre’ cut in interest rate termed disappointing

KARACHI: United Business Group (UBG) leadership, comprising S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 01 Aug, 2024 06:06am

Business & Finance

ICMA advocates further cut in interest rate

KARACHI: The Institute of Cost and Management Accountants (ICMA) has welcomed the recent decision by the State Bank...

Published 31 Jul, 2024 06:50am

Business & Finance

Cut in interest rate termed ‘insignificant’

KARACHI: Terming the recent cut in interest rate insignificant, experts and industry leaders have asked the State...

Published 31 Jul, 2024 06:40am

Business & Finance

Business community terms policy rate cut ‘insufficient’

KARACHI: The policy rate cut of 100 basis points by the State Bank on Monday disappointed most of the business...

Published 30 Jul, 2024 03:10am

Business & Finance

Fed could open the door to a September rate cut this week

WASHINGTON: The US Federal Reserve may signal this week that interest rate cuts are on the way — although it is...

Published 29 Jul, 2024 06:37am

Business & Finance

Russian central bank hikes key rate to fight inflation

MOSCOW: Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year...

Published 28 Jul, 2024 06:49am

Business & Finance

SBP widely seen cutting rates

KARACHI: Central bank will likely cut its key interest rate again on Monday in its first policy meeting following ...

Published 27 Jul, 2024 06:16am

Business & Finance

Further cut in key policy rate expected

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Jul 29, 2024 with expectation...

Updated 25 Jul, 2024 09:01am

Editorials

Excessive borrowing

EDITORIAL: It’s quite shocking that the government’s borrowing in the first 11 months of the outgoing fiscal year...

Published 30 Jun, 2024 02:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 12	278.53
USD PKR Interbank Buying / Sep 12	278.33
USD to Japanese Yen / Sep 12	140.95
USD to Swiss Franc / Sep 12	0.85
Pound Sterling to USD / Sep 12	1.31
Euro to USD / Sep 12	1.11

Stock	Volume
S&P 500 / Sep 12	5,595.76
India Sensex / Sep 12	82,962.71
Tokyo Nikkei / Sep 12	36,507.10
Nasdaq / Sep 12	17,569.68
Hang Seng / Sep 12	17,427.44
FTSE 100 / Sep 12	8,240.97
Dow Jones / Sep 12	41,096.77
Germany DAX 30 / Sep 12	18,518.39

Item	Value
Crude Oil USD/Barrel / Sep 12	69.27
Karachi Cotton PKR/37.32 KG / Sep 12	18,735
Gold 10 Grams PKR / Sep 12	225,480
Gold Spot USD/Ounce / Sep 12	2,566.21
Cotton US¢/pound / Sep 12	70.31
Petrol/Litre / Sep 13	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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