Trends - monetary policy - Business Recorder

monetary policy

MPC meeting: Majority polled expect major spike in policy rate

Many anticipate rate hike of 100 bps ahead of MPC meeting scheduled for May 23

Updated 17 May, 2022 09:06pm

Markets

BOJ’s Kuroda says expected rise in inflation will lack sustainability

TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Friday an expected, near-term rise in inflation would lack...

Published 13 May, 2022 09:39am

Editorials

Tax collection data: a path full of pitfalls

EDITORIAL: Total provisional tax collections July-March 2022 have been estimated at 4,858 billion rupees against...

Published 09 May, 2022 05:39am

Opinion

Economy: Demystifying some policy choices

In a recent blog article ‘War dims global economic outlook as inflation accelerates’ published by the...

Published 07 May, 2022 05:46am

Markets

PSX remains under pressure

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on April 28, 2022 on ...

Published 02 May, 2022 05:46am

Markets

Stock market rangebound

KARACHI: Pakistan Stock Exchange Wednesday witnessed a rangebound session as investors opted to offload their...

Published 28 Apr, 2022 05:37am

Business & Finance

Citigroup sets aside $1.9bn for Russia as US banks report mixed results

NEW YORK: Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia’s invasion of Ukraine as...

Published 18 Apr, 2022 07:06am

Pakistan

Rupee-dollar value can be stable with right economic direction: Ishaq Dar

Former finance minister, in interview with Aaj News, says letting the dollar 'free' has been the 'mother of all evils'

Updated 14 Apr, 2022 09:03am

Markets

Yen drops to 20-year low against dollar

TOKYO: The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the...

Published 13 Apr, 2022 11:59am

Pakistan

PAAPAM concerned over 2.5pc hike in interest rate

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) Chairman Abdur Razzaq...

Published 10 Apr, 2022 05:49am

Markets

Wall Street slips on hawkish Fed; banks, industrials top losers

NEW YORK: The S&P 500 and the Dow slipped on Thursday, with shares of banks, industrials and airlines leading...

Published 08 Apr, 2022 05:28am

Markets

Indian shares fell for a third straight session

BENGALURU: Indian shares fell for a third straight session on Thursday as hawkish signals from the US Federal ...

Published 08 Apr, 2022 05:28am

Business & Finance

At emergency MPC meeting, SBP raises policy rate by 250 basis points to 12.25%

Statement says central bank is in the process of taking further actions to reduce pressures on inflation and current account, namely increase in interest rate on export refinance scheme and widening set of import items subject to cash margin requirements

Updated 07 Apr, 2022 07:31pm

Pakistan

Meeting of research on ‘Social Footprint of Monetary Policy’ held

KARACHI: The Department of Economics in collaboration with the Social Development Policy Institute (SDPT) and...

Published 30 Mar, 2022 06:08am

Business & Finance

SBP urged to take into consideration monetary policy’s effects on the life of common man

LAHORE: State Bank of Pakistan (SBP) should consider the effects of monetary policy on the day-to-day life of the...

Updated 15 Mar, 2022 06:34am

BR Research

T-bill auction – peaking rates?

Monetary policy and the T-bill auction are not in sync. On Tuesday, SBP kept the policy rate unchanged, while on...

Updated 11 Mar, 2022 10:31am

Editorials

Has monetary policy been effective?

EDITORIAL: According to Monetary Policy Statement (MPS) of State Bank of Pakistan (SBP), Monetary Policy Committee...

Published 10 Mar, 2022 06:30am

BR Research

MPS: a contrarian bet?

SBP has kept the policy rate unchanged. Global commodity prices are in a super cycle. Fiscal policy is absorbing...

Updated 09 Mar, 2022 10:34am

BR Research

Wholesale prices: not cooling down soon

Wholesale prices in February 2022 recorded 23.6 percent increase year-on-year – sixth consecutive month of WPI...

Published 09 Mar, 2022 08:28am

Business & Finance

SBP governor confident economy can withstand Ukraine war

KARACHI: Pakistan’s central bank feels the economy has what it takes to withstand pressures stemming from the...

Updated 09 Mar, 2022 03:45pm

Perspectives

Monetary policy: between a rock and a hard place

The State Bank of Pakistan (SBP) is due to announce its monetary policy statement on March 8, 2022. Recent surveys...

Published 07 Mar, 2022 10:07am

Markets

Wall Street Week Ahead: Rate-hike fears abate but Ukraine muddies stock market outlook

NEW YORK: Geopolitical worries are clouding the outlook for US stocks, even as Russia’s invasion of Ukraine...

Published 07 Mar, 2022 06:07am

BR Research

Rate hike on the cards?

The monetary policy is due on Tuesday. The SBP clearly mentioned in the previous forward guidance that current real...

Published 04 Mar, 2022 08:26am

Business & Finance

Euro falls to 5-year lows vs pound

LONDON: The euro fell to its lowest level against the British pound since 2016 as traders weighed the impact of...

Published 04 Mar, 2022 04:37am

Jul-Jan CAD exceeds $11bn on higher import bill

KARACHI: The country’ current account deficit crossed the $11 billion mark in the first seven months of this ...

Updated 25 Feb, 2022 09:45am

Markets

Emerging markets better equipped to deal with Fed rate hike cycle: S&P

LONDON: Financing conditions have tightened for emerging markets both domestically and externally but they are ...

Published 17 Feb, 2022 05:46pm

Opinion

Serious debt distress facing developing countries

Many of the developing countries are net importers of oil whose price has been rising, only recently to a seven-year...

Published 11 Feb, 2022 04:31am

Business & Finance

Sterling edges lower against euro

LONDON: Sterling was slightly lower against a strengthening euro not far from a 1-1/2 month low on Wednesday amid...

Published 10 Feb, 2022 04:40am

Opinion

SBP’s optimism

The recent Monetary Policy Statement by the SBP has begun to remove apprehensions about the state of the economy and...

Published 01 Feb, 2022 04:07am

BR Research

Flattening yield curve?

The cat and mouse game reaches its climax. It seems banks may blink first. Those who were eyeing buying bonds at 13...

Published 31 Jan, 2022 08:08am

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 19 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 19 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 19 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 19 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 19 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 19 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 19 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 19 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 19 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 19 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 19 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 19 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 19 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 19 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 19 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 19 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 19 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 19 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 19 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 19 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 19 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 19 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 19 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 19 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 19 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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