Trends - Monetary Policy Committee

Monetary Policy Committee

7-9pc inflation projection with multiple upside risks

KARACHI: Some 7 to 9 percent inflation projection for this fiscal year has multiple upside risks like higher global...

Updated 25 Nov, 2021 09:51am

Business & Finance

‘Monetary Policy Statement’: clarification by SBP

KARACHI: With regard to the editorial in Business Recorder dated November 22, 2021 titled “Monetary Policy...

Published 24 Nov, 2021 06:25am

SBP raises profit rate on saving accounts

KARACHI: After the surge in policy rate, the State Bank of Pakistan (SBP) Monday announced increase in the minimum...

Updated 23 Nov, 2021 10:45am

4MFY22 YoY: Current account posts $5bn deficit on higher import bill

On a month-on-months basis, deficit widened to $1.66 billion in October 2021 compared to $1.13 billion in September 2021

Updated 20 Nov, 2021 10:17am

SBP hikes rate by 150bps to 8.75pc on inflation, BoP

Karachi: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Friday announced increase in key...

Updated 20 Nov, 2021 11:05am

Monetary policy to be reviewed 8 times a year

KARACHI: The State Bank of Pakistan (SBP) has decided to increase the number of Monetary Policy Committee (MPC)...

Published 20 Nov, 2021 03:48am

Editorials

100 bps hike in policy rate on the cards?

EDITORIAL: The drip-by-drip currency depreciation compels the State Bank of Pakistan (SBP) to take quick decisions ...

Published 19 Nov, 2021 04:35am

MPC to meet ahead of schedule: 100-200bps hike in policy rate expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to convene its meeting...

Updated 17 Nov, 2021 09:39am

World

Working from home may hurt women's careers: BoE

LONDON: Women who work mostly from home risk seeing their careers suffer now that significant numbers of male ...

Published 12 Nov, 2021 04:46am

Lending to government: SBP’s profit down 35pc on lower income

SBP attributes decline in profit to maturing of PIBs, and decrease in average interest rate during FY21

Updated 30 Oct, 2021 09:40am

Markets

Turkish lira at new low with little reprieve in sight

ISTANBUL: Turkey's lira sank to a new all-time low against the dollar on Monday and analysts saw little reprieve...

Updated 19 Oct, 2021 12:53am

Business & Finance

BoE's Bailey sees growing case for interest rate rise

LONDON: Bank of England Governor Andrew Bailey said on Monday that he and other members of the Monetary Policy...

Published 28 Sep, 2021 05:12am

Editorials

25bps hike in interest rate

EDITORIAL: The Monetary Policy Committee (MPC) decided to raise the discount rate by 25 basis points –- from 7 to...

Published 22 Sep, 2021 03:48am

CAD, inflation: Interest rate hiked by 25 bps to 7.25pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to raise the key...

Updated 21 Sep, 2021 10:05am

Business & Finance

‘Survey’ says businessmen want cut in policy rate

KARACHI: A monetary policy survey conducted recently by Policy Research Unit (PRU), Policy Advisory Board Federation...

Published 14 Sep, 2021 03:55am

MPS on 20th

KARACHI: The Monetary Policy Committee of SBP will meet on Monday, September 20, 2021 at SBP Karachi to decide about...

Published 11 Sep, 2021 03:01am

Business & Finance

Sterling holds gains

LONDON: Sterling held onto a modest gain on Thursday after the Bank of England laid out its plans for how it would...

Published 06 Aug, 2021 04:18am

Business & Finance

Monetary policy statement

The decision to keep the discount rate unchanged at 7 percent by the Monetary Policy Committee (MPC) of the State...

Published 30 Jul, 2021 05:10am

Policy rate kept on hold at 7pc to support growth

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy...

Updated 28 Jul, 2021 09:34am

MPS today: Key policy rate may stay unchanged

KARACHI: The Governor State Bank of Pakistan (SBP), Dr Reza Baqir will unveil Monetary Policy Statement (MPS) on...

Published 27 Jul, 2021 02:43am

Opinion

MPC: wait and see

There are clear signs of current account slippages. This comes in tandem with economic recovery in Pakistan. A ...

Published 25 Jul, 2021 05:20am

MPS on 27th

KARACHI: The Monetary Policy Committee of SBP will meet on Tuesday, July 27, 2021 at SBP Karachi to decide about...

Published 24 Jul, 2021 02:30am

Business & Finance

Bank of Israel holds benchmark interest rate at 0.1%

All 16 economists polled by Reuters had said they expected the monetary policy committee to keep rates steady after doing so ever since cutting them from 0.25% more than a year ago.

Published 05 Jul, 2021 06:23pm

Business & Finance

Sterling skids after BoE holds rates at all-time low

LONDON: Sterling slipped on Thursday after the Bank of England kept - as expected - the size of its stimulus...

Published 25 Jun, 2021 04:20am

Business & Finance

BoE keeps low rate, sees 'temporary' inflation spike

LONDON: The Bank of England on Thursday kept its main interest rate at a record-low level, but warned inflation ...

Published 25 Jun, 2021 04:20am

Business & Finance

Bank of England sees inflation peaking at over 3pc before falling back

The BoE's nine monetary policymakers voted 8-1 to keep its government bond-buying programme at 875 billion pounds ($1.22 trillion). They voted 9-0 in favour of keeping its corporate bond programme at 20 billion pounds.

Published 24 Jun, 2021 04:46pm

Business & Finance

Bank of Israel keeps benchmark interest rate at 0.1pc

Israel's inflation rate moved to 0.8% in April from 0.2% in March, just below the government's 1-3% annual target range. While the economy contracted an annualised 6.5% in the first quarter from the prior three months, growth is expected to reach 4-6% in 2021 given more than half of Israeli adults are already vaccinated and the economy has largely reopened.

Published 31 May, 2021 07:07pm

BR Research

Monetary policy – on the cusp

No change. No surprise. Monetary Policy committee (MPC) has kept the policy rate unchanged at 7 percent. The ...

Published 31 May, 2021 07:30am

Policy rate stays unchanged to support growth

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan has decided to maintain the policy rate ...

Published 29 May, 2021 03:59am

Business & Finance

SBP keeps interest rate unchanged at 7%

Announcement largely in line with market expectations * The MPC of the central bank was of the view that positive recovery momentum is expected to persist, translating into higher growth next year.

Published 28 May, 2021 06:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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