Trends - interest rate - Business Recorder

interest rate

Romania's central bank board unanimously voted 25 bps rate cut: minutes

Board members were of the unanimous opinion that the overall context under review warranted another 0.25 percentage point cut in the monetary policy rate.
The bank's board reiterated that its decision to suspend the calendar of monetary policy meetings.

Published 26 Jan, 2021 06:56pm

Business & Finance

Turkey keeps main interest rate at 17pc

ANKARA: Turkey’s central bank on Thursday kept its main interest rate steady at 17 percent after two consecutive...

Published 23 Jan, 2021 03:56am

World

Biden launches sweeping COVID-19 changes on first full day in White House

The pandemic has killed and infected more people in the United States than anywhere in the world, and left millions out of work due to lockdowns.

Published 21 Jan, 2021 11:44pm

Business & Finance

Brazil keeps 2pc interest rate despite rising inflation

Brazil exited recession in the third quarter of 2020 with economic growth of 7.7 percent, but is still reeling from the effects of the pandemic.

Published 21 Jan, 2021 09:55am

Business & Finance

Poland's Pekao aiming for higher 2021 profit despite low rates

This operation has attracted attention, but this is not something that would change the bank (Pekao).
Pekao is working on a strategy for 2021-23 and if rates remain unchanged in that period its return on equity will not return to its pre-pandemic level of around 9%.

Published 15 Jan, 2021 07:38pm

Markets

Yields highest since March ahead of stimulus, supply

Biden also called for raising the minimum wage to $15, a campaign promise, and for sending out $2,000 in direct cash payments.
Benchmark 10-year notes rose as high as 1.134%, the highest since March 20. The yield curve between two-year and 10-year notes steepened to 99.7 basis points.

Published 11 Jan, 2021 09:23pm

Business & Finance

Mexican inflation likely dips to 7-month low in December

If the estimate is confirmed, it would be the lowest rate of inflation since May, when the consumer price index stood at 2.84pc.

Published 06 Jan, 2021 12:19am

Business & Finance

Russia keeps key rate at record low of 4.25pc

The central bank started cutting rates early this year when the economy took a hit from a plunge in prices for oil, Russia's main export.

Published 18 Dec, 2020 06:45pm

Markets

Turkey's central bank to hike rates another 150 points

This week, Agbal said Turkey will keep monetary policy tight in the new year and hike interest rates further if necessary to achieve a lasting fall in inflation.

Published 18 Dec, 2020 06:32pm

Business & Finance

Bank of Canada keeps key rate at 0.25pc, maintains QE policy

The central bank reiterated that rates would remain at their effective lower bound until economic slack is absorbed, with that not expected to happen until into 2023.

Published 09 Dec, 2020 09:13pm

Business & Finance

Ukraine to keep main interest rate at 6pc over inflation concerns

Ukraine received $2.1 billion from the IMF shortly after securing a new deal in June. But the programme has been derailed by concerns over Kyiv's performance on reforms.

Published 07 Dec, 2020 07:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Cotton US¢/pound / Apr 29	82.15
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00