Trends - monetary policy - Business Recorder

monetary policy

Between optics and austerity

Pakistan’s economic policies resemble a car with two drivers, each pulling the wheel in opposite directions. One...

Published 19 Jun, 2025 06:56am

90bps drop in Market Treasury Bills yield

KARACHI: The margin on short-term government securities declined by up to 90 basis points (bps) in the Treasury...

Updated 15 May, 2025 08:46am

Business & Finance

Business community express mix reaction over policy rate cut

KARACHI: Business community has expressed mix reaction over monetary policy announced by state bank of Pakistan on...

Published 07 May, 2025 07:09am

Markets

SBP reduces key interest rate by 100bps, takes it to 11%

This is the lowest policy rate since March 2022

Updated 05 May, 2025 07:04pm

Opinion

MPC meeting: navigating between disinflation and external fragility

Monetary policy decision is due today. Three macro variables are making a compelling argument for a big rate cut....

Updated 05 May, 2025 07:55am

Pakistan

Pakistan central bank likely to hold policy rate amid geopolitical tension, inflation concern: Reuters poll

KARACHI: The State Bank of Pakistan is set to hold its key interest rate at 12% on Monday, a Reuters poll showed,...

Published 02 May, 2025 11:37am

Growth in Pakistan may stay broadly unchanged: IMF

ISLAMABAD: Growth for Pakistan is expected to remain broadly unchanged in fiscal year 2025, reflecting a 0.6...

Updated 02 May, 2025 02:20pm

Business & Finance

Monetary Policy Committee to meet on May 5: SBP

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, May 05, 2025 to decide...

Published 30 Apr, 2025 12:48pm

Macroeconomic outlook: SBP governor apprises foreign investors

KARACHI: Governor of the State Bank of Pakistan, Jameel Ahmad reaffirmed Pakistan’s improving macroeconomic...

Updated 27 Apr, 2025 09:49am

BR Research

Inflation plummets, but pain persists

Inflation continues its downward trajectory, with the headline number dropping to a nine-year low of 1.5 percent in...

Published 05 Mar, 2025 07:22am

Markets

Namibia central bank cuts key rate, saying inflation well-contained

WINDHOEK: Namibia’s central bank cut its main interest rate for the fourth straight monetary policy meeting, saying...

Published 12 Feb, 2025 05:15pm

Opinion

Time to end neoliberal monetary policy well overdue

‘This chapter has shown that the NMPC [New Monetary Policy Consensus] is limited in four important ways. Firstly, it...

Published 31 Jan, 2025 02:31am

BR Research

LSM: Still reeling

“Meanwhile, the decline in industrial sector growth in Q1-FY25 moderated relative to last year, “said the State Bank...

Published 30 Jan, 2025 09:28am

Business & Finance

FPCCI terms 100bps policy rate cut ‘grossly insufficient’ reduction

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of ...

Published 28 Jan, 2025 06:45am

Business & Finance

In line with expectations: SBP reduces key interest rate by 100bps, takes it to 12%

MPC expects headline inflation for FY25 to average between 5.5-7.5%

Updated 27 Jan, 2025 11:35pm

BR Research

Imports under pressure

The import pressure is gradually increasing. There is no immediate strain on the currency per se, but demand is...

Published 22 Jan, 2025 07:58am

Opinion

Monetary crossroads: how far can SBP push the rate cuts?

The monetary policy is due next Monday. The committee, chaired by the SBP Governor, has already eased the policy ...

Published 20 Jan, 2025 05:31am

BR Research

It’s all relative

Happiness can be fleeting, and if the adage “this too shall pass” always holds true, unhappiness would be too. Not...

Published 17 Jan, 2025 07:55am

Business & Finance

China’s central bank vows ‘moderately loose’ monetary policy

BEIJING: China’s central bank has outlined a “moderately loose” monetary plan aimed at boosting domestic demand to...

Published 05 Jan, 2025 11:38am

BR Research

Autos: Credit only where it’s due

The State Bank of Pakistan (SBP) has been cutting the policy rate rather aggressively since the MPC decided on June...

Updated 31 Dec, 2024 09:15am

BR Research

LSM: Stuck in the red

“Key large-scale manufacturing sectors – such as textile, food, automobiles, POL and tobacco – were already...

Published 18 Dec, 2024 09:06am

BR Research

Monetary policy: Balancing rate cuts and inflation

The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the...

Published 13 Dec, 2024 08:24am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

Business & Finance

‘4pc reduction in inflation should be announced in new monetary policy’

KARACHI: Hanif Lakhani, former senior vice president of the Karachi Chamber of Commerce and Industry (KCCI) and...

Published 12 Dec, 2024 06:42am

BR Research

Will the next inflationary cycle look different?

When the SBP autonomy bill was first presented in Parliament in March 2021, it met with resistance on multiple...

Published 11 Dec, 2024 09:02am

Opinion

Going cashless

Cash transactions continue to dominate Pakistan’s economy, with much of the activity occurring in the informal...

Published 08 Dec, 2024 02:56am

Business & Finance

‘SBP shouldn’t be overly cautious while announcing monetary policy’

KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals...

Published 03 Nov, 2024 06:34am

BR Research

Steady slide: SBP’s next move awaits

The monetary policy is due on Monday (4th November). The pulse of the Chundrigar road is a 200-bps cut to a 15.5...

Published 30 Oct, 2024 09:28am

Business & Finance

PBF leader urges SBP to lower interest rates by 5pc

KARACHI: Captain Abdul Rashid Abro, central leader of the Pakistan Business Forum and former Vice President of...

Updated 28 Oct, 2024 09:26am

Opinion

Banking on missteps: latest tax policy will distort financial system

One of the more short-sighted fiscal measures recently introduced is the higher tax on banking income from ...

Updated 28 Oct, 2024 08:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	145.05
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.34
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 18	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
India Sensex / Jun 18	81,444.66
Tokyo Nikkei / Jun 18	38,603.35
Nasdaq / Jun 18	19,546.27
Hang Seng / Jun 18	23,231.48
FTSE 100 / Jun 18	8,843.47
Dow Jones / Jun 18	42,171.66
Germany DAX 30 / Jun 18	23,317.81
France CAC40 / Jun 18	7,656.12

Item	Value
Crude Oil USD/Barrel / Jun 18	75.10
Karachi Cotton PKR/37.32 KG / Jun 18	16,785
Gold 10 Grams PKR / Jun 18	307,831
Gold Spot USD/Ounce / Jun 18	3,373.97
Cotton US¢/pound / Jun 18	67.67
Petrol/Litre / Jun 19	258.43
Diesel/Litre / Jun 19	262.59

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jun 19 First Equity Modaraba(FEM)	3.80 ▲ 0.54 (16.56%)
Askari Life Assur. / Jun 19 Askari Life Assurance Company Limited(ALAC)	7.40 ▲ 1 (15.63%)
Sec. Inv. Bank / Jun 19 Security Investment Bank Limited(SIBL)	9.89 ▲ 0.98 (11%)
Escorts Bank / Jun 19 Escorts Investment Bank Limited(ESBL)	6.08 ▲ 0.57 (10.34%)
Universal Ins. / Jun 19 The Universal Insurance Company Limited(UVIC)	10.73 ▲ 0.99 (10.16%)
Crescent Textile / Jun 19 The Crescent Textile Mills Limited(CRTM)	20.85 ▲ 1.9 (10.03%)
Service Textile / Jun 19 Service Industries Textiles Limited(SERT)	21.64 ▲ 1.97 (10.02%)
Karam Ceramics / Jun 19 Karam Ceramics Limited(KCL)	56.73 ▲ 5.16 (10.01%)
Int. Knit. / Jun 19 International Knitwear Limited(INKL)	22.41 ▲ 2.04 (10.01%)
Zahid Jee Textile / Jun 19 Zahidjee Textile Mills Limited(ZAHID)	39.69 ▲ 3.61 (10.01%)

Stock	Price
Tariq Corp.Pref. / Jun 19 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.01 ▼ -0.91 (-10.2%)
PIA Holding Co.B / Jun 19 PIA Holding Company Limited B(PIAHCLB)	12,393.10 ▼ -1377.05 (-10%)
Pakgen Power / Jun 19 Pakgen Power Limited(PKGP)	192.29 ▼ -21.36 (-10%)
Dewan Mushtaq / Jun 19 Dewan Mushtaq Textile Mills Limited(DMTM)	9.60 ▼ -0.99 (-9.35%)
Gillette Pak / Jun 19 Gillette Pakistan Limited(GLPL)	230 ▼ -19.5 (-7.82%)
Crescent Cotton / Jun 19 Crescent Cotton Mills Limited(CCM)	51.01 ▼ -4.21 (-7.62%)
F.Credit & Inv / Jun 19 First Credit and Investment Bank Limited(FCIBL)	9.16 ▼ -0.71 (-7.19%)
Cresent Jute / Jun 19 Crescent Jute Products Limited(CJPL)	5.84 ▼ -0.44 (-7.01%)
Apna Microfin. / Jun 19 Apna Microfinance Bank Limited(AMBL)	9.31 ▼ -0.7 (-6.99%)
Sindh Modaraba / Jun 19 Sindh Modaraba(SINDM)	11.11 ▼ -0.79 (-6.64%)

Stock	Volume
WorldCall Telecom / Jun 19 Worldcall Telecom Limited(WTL)	24,412,861 ▲ 0.03
Sui South Gas / Jun 19 Sui Southern Gas Company Limited(SSGC)	19,603,587 ▲ 0.63
Pervez Ahmed Consultancy / Jun 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	12,585,139 ▲ 0.27
First Prudential Mod. / Jun 19 First Prudential Modaraba(PMI)	10,239,261 ▲ 0.15
Secure Logistics / Jun 19 Secure Logistics Group Limited(SLGL)	7,690,017 ▲ 0.93
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	6,574,720 ▲ 0.65
Ist.Capital Sec / Jun 19 First Capital Securities Corporation(FCSC)	5,554,558 ▲ 0.13
Bunnys Limited / Jun 19 Bunnys Limited(BNL)	4,239,372 ▲ 5.38
Siddiqsons Tin / Jun 19 Siddiqsons Tin Plate Limited(STPL)	4,221,978 ▲ 0.2
PIA Holding Co.Ltd / Jun 19 PIA Holding Company Limited(PIAHCLA)	3,974,717 ▲ 0.24

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