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monetary policy

Russian central bank hikes rates by 350 bp to 12% in extraordinary meeting

MOSCOW: Russia’s central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate...

Published 15 Aug, 2023 01:23pm

Pakistan

Monetary policy is ‘dictated’ by IMF: PDP

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said we are an independent nation, but we can’t...

Published 15 Aug, 2023 06:30am

Monetary policy decision, outlook projection: SBP provides rare insight into key factors

KARACHI: The State Bank of Pakistan (SBP), in its recent podcast, has given insights into the factors leading to the...

Updated 13 Aug, 2023 01:51pm

Pakistan

SBP keeps key policy rate unchanged at 22%

Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference

Updated 31 Jul, 2023 06:43pm

Opinion

The indictment of monetary policy

The Stand-By Arrangement (SBA) documents uploaded on the International Monetary Fund (IMF) website this Tuesday ...

Published 24 Jul, 2023 06:11am

Pakistan

IMF urges Pakistan to continue monetary policy tightening cycle

Tightening cycle should continue if needed to reduce inflation and facilitate external rebalancing, says staff report

Published 18 Jul, 2023 10:56pm

Markets

Rupee registers back-to-back gains, settles at 285.99 against US dollar

Currency appreciates 0.25% in inter-bank market

Updated 27 Jun, 2023 07:16pm

BR Research

A last-ditch effort

SBP has increased the policy rate by 1 percent to 22 percent in an emergency monetary policy committee meeting. But...

Published 27 Jun, 2023 09:09am

BR Research

Electricity: Record subsidy after record tariff hike

In what was largely a budget pinned on “hope things fall in place” and what the central bank Monetary Policy...

Published 14 Jun, 2023 07:39am

BR Research

Debt disorder

SBP has kept the policy rate unchanged at 21 percent. It was as per market expectations. SBP expects, so does the...

Published 13 Jun, 2023 07:54am

Markets

SBP keeps key interest rate unchanged at 21%

Monetary Policy Committee views inflation to have peaked in May and, barring any foreseen developments, expects it to start falling from June onwards

Updated 12 Jun, 2023 06:19pm

May-July: govt intends to borrow record Rs9.4trn

Presently, government is the single largest borrower from commercial banks

Updated 13 May, 2023 02:47pm

Opinion

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ...

Updated 12 May, 2023 06:33am

Markets

Inflation likely to hit fresh peak, clock in at over 38%, says brokerage house

Core inflation also expected to remain around 2.5% MoM, reflecting impact of supply chain issues, PKR devaluation, and second-round effects of increase in energy prices

Updated 29 Apr, 2023 06:12pm

Business & Finance

IMF urges Asia to keep monetary policy tighter for longer

WASHINGTON: Monetary policy in Asia may need to stay tighter for longer given still substantial inflation risks,...

Published 14 Apr, 2023 05:59am

World

WTO sees ‘subpar’ 2023 trade growth with multiple risks

GENEVA: The World Trade Organization raised its forecast for global trade growth this year, but still predicted a...

Published 05 Apr, 2023 05:33pm

MPC meeting today: further hike expected

KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held Tuesday...

Updated 04 Apr, 2023 08:44am

BR Research

Money market in disarray?

The way the money market behaved yesterday in the T-Bill auction, there is an expectation of an increase in the...

Published 10 Mar, 2023 08:41am

BR Research

Capex in the times of austerity?

The monetary policy statement issued post MPC meeting last week makes no reference to private sector credit...

Published 07 Mar, 2023 08:42am

Opinion

Monetary-fiscal history of Latin America: lessons for Pakistan

Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a...

Published 06 Mar, 2023 06:43am

BR Research

Monetary policy: Many a slip

If you could ever use “unprecedented” without a sense of hyperbole – it is today. It is well and truly the season of...

Published 03 Mar, 2023 08:53am

Pakistan

Hikes in interest rate appear to be redundant: business community

In letter to SBP governor, FPCCI questions policy rate efficacy in curbing inflation

Updated 01 Mar, 2023 06:50pm

Opinion

Should the MPC meeting be preponed?

The most concerning and alarming element in the macro numbers is that inflation is growing out of control. Food...

Published 27 Feb, 2023 06:17am

World

India’s retail inflation in Jan breaches RBI’s upper tolerance level

India’s annual retail inflation in January rose above the central bank’s upper threshold for the first time in three...

Published 13 Feb, 2023 06:49pm

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

BR Research

Rice procurement: inelastic borrowing?

In its monetary policy statement announced on Monday, the State Bank of Pakistan (SBP) noted a “moderation in...

Published 25 Jan, 2023 09:18am

BR Research

MPS: Need more hawks

SBP increased the policy rate by 1 percent to 17 percent seeing entrenched inflation expectations and sharp and...

Published 24 Jan, 2023 09:56am

Opinion

Why are interest rates expected to rise?

It’s that time again when speculation over the State Bank of Pakistan’s (SBP’s) monetary policy stance starts to...

Updated 21 Jan, 2023 07:57am

Business & Finance

Yen jumps, dollar edges off 7-month low

NEW YORK: The yen surged on Friday, adding to earlier gains on speculation the Bank of Japan (BOJ) will revise its...

Published 16 Jan, 2023 06:18am

Markets

Wall St rises as Fed’s Powell steers clear of monetary policy outlook

NEW YORK: Wall Street’s main indexes rose on Tuesday as Federal Reserve Chair Jerome Powell steered clear of...

Published 11 Jan, 2023 05:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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