Trends - interest rate - Business Recorder

interest rate

Budgetary outcome in 1HFY23

The information on fiscal operations from July to December 2022 of the federal and the provincial governments has...

Published 14 Feb, 2023 05:58am

Markets

Most Gulf markets gain as interest rate fears ease

DUBAI: Most Gulf stock markets closed higher on Wednesday, tracking oil and global equities after comments from the...

Published 09 Feb, 2023 06:02am

Business & Finance

Bank of England hikes interest rate tenth time in row

LONDON: The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race...

Published 02 Feb, 2023 05:50pm

Business & Finance

Fed delivers small rate hike, still expects ‘ongoing increases’

WASHINGTON: The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet...

Published 02 Feb, 2023 06:12am

Markets

Easing inflation worries lift Wall Street ahead of Fed decision

NEW YORK: US stocks rose on Tuesday as labour cost data indicated that the Federal Reserve’s aggressive approach ...

Published 01 Feb, 2023 07:31am

Markets

Most Gulf markets fall on lower oil prices

DUBAI: Most Gulf stock markets closed lower on Tuesday, as falling oil prices and expectations of an interest rate...

Published 01 Feb, 2023 07:18am

Fitch says PKR to further weaken

ISLAMABAD: The Pakistani rupee is expected to weaken further, particularly with the country’s balance of payments...

Updated 01 Feb, 2023 11:30am

Business & Finance

US Fed starts policy meeting with smaller rate hike likely

WASHINGTON: US central bankers opened a two-day policy meeting Tuesday on rising expectations that they will slow...

Published 31 Jan, 2023 09:16pm

Business & Finance

Dollar steady as central banks take central stage

NEW YORK: The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day ...

Published 31 Jan, 2023 07:03am

Markets

Europe stocks slip as hot Spanish inflation data fan rate hike concerns

PARIS: European shares slipped on Monday as hotter-than-expected inflation data from Spain added to market jitters ...

Published 31 Jan, 2023 07:00am

Markets

Nasdaq falls as megacaps drop ahead of earnings

NEW YORK: The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and...

Published 31 Jan, 2023 06:55am

Markets

Gold treads water as spotlight shifts to US Fed meeting

NEW YORK: Gold prices edged down slightly in choppy trade on Monday as investors looked ahead to the US Federal...

Published 31 Jan, 2023 06:47am

Opinion

State of the economy

The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ...

Published 31 Jan, 2023 06:01am

SBP says curbing inflation critical to achieving growth

KARACHI: The State Bank of Pakistan (SBP) believed that curbing inflation is essential for ensuring sustainable...

Updated 31 Jan, 2023 09:00am

Business & Finance

Poor access to capital for businesses worries FPCCI chief

KARACHI: Irfan Iqbal Sheikh, the president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 31 Jan, 2023 06:01am

EAG concerned at ‘inadequate’ SBP response

Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability

Updated 30 Jan, 2023 09:22am

Dar challenges financial figures presented by IK

ISLAMABAD: Finance Minister Ishaq Dar has accused former prime minister Imran Khan of presenting inaccurate economic...

Updated 28 Jan, 2023 08:44am

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

Opinion

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any...

Updated 27 Jan, 2023 07:57am

Opinion

The darkness deepens

They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in...

Published 25 Jan, 2023 06:25am

Business & Finance

Nigeria central bank raises rates by 100 bps despite inflation dip

ABUJA: Nigeria’s central bank raised its benchmark lending rate by 100 basis points (bps) to 17.5% in a decision...

Published 24 Jan, 2023 04:48pm

Opinion

GDP growth in 2022-23 — II

The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from...

Updated 26 Jan, 2023 12:50am

Policy rate hiked to 17pc to rein in soaring inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ...

Updated 24 Jan, 2023 09:05am

Markets

SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high

Governor SBP Jameel Ahmad announces decision at press briefing following the meeting

Updated 23 Jan, 2023 10:04pm

Opinion

Debt, inequality and austerity

‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing...

Published 20 Jan, 2023 06:44am

Business & Finance

US retail sales tumble; monthly producer prices fall

WASHINGTON: US retail sales fell more than expected in December, pulled down by declines in purchases of motor...

Published 19 Jan, 2023 07:03am

Business & Finance

Auto financing portfolio drops for fifth straight month

Amount of outstanding auto financing decreased for the fifth consecutive month at the end of November, data released...

Published 12 Jan, 2023 07:09pm

BR Research

Reassessing MDR

There is a minimum deposit rate (MDR) on the savings deposits of banks. Then there is a higher tax on banks with...

Published 05 Jan, 2023 08:03am

Markets

Oil steadies as rate hike fears counter tighter US stockpiles

NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter...

Published 23 Dec, 2022 05:54am

Business & Finance

Global 2023 earnings growth: Recession, rate hikes seen jamming brakes

NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...

Published 21 Dec, 2022 06:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	278.32
USD PKR Interbank Buying / Apr 15	277.12
USD to Japanese Yen / Apr 15	154.21
USD to Swiss Franc / Apr 15	0.91
Pound Sterling to USD / Apr 15	1.24
Euro to USD / Apr 15	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
India Sensex / Apr 15	73399.78
Tokyo Nikkei / Apr 15	39232.80
Nasdaq / Apr 15	15885.02
Hang Seng / Apr 15	16600.46
FTSE 100 / Apr 15	7965.53
Dow Jones / Apr 15	37735.11
Germany DAX 30 / Apr 15	18026.58

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Gold 10 Grams PKR / Apr 9	212277
Crude Oil USD/Barrel / Apr 15	85.15
Gold Spot USD/Ounce / Apr 15	2384.07

Gainers
Losers
Leaders

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

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

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

Markets →

Calculate your monthly liability in FY24

interest rate

Most Popular Articles