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MPC meeting

Policy rate hiked to 17pc: will it work?

EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel...

Published 25 Jan, 2023 06:25am

O/N reverse repo rate will now be 18pc

KARACHI: As the State Bank of Pakistan ((SBP) has decided to increase policy rate (Target Rate) from 16.00 percent...

Updated 24 Jan, 2023 09:04am

Policy rate hiked to 17pc to rein in soaring inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ...

Updated 24 Jan, 2023 09:05am

Policy rate hike unlikely to appease IMF: economists

ISLAMABAD: The State Bank of Pakistan (SBP) decision to increase policy rate by 100 basis points is unlikely to...

Updated 24 Jan, 2023 09:10am

Country needs to repay $3bn debt in five months: SBP

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan is out of default as major...

Updated 24 Jan, 2023 08:52am

Markets

SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high

Governor SBP Jameel Ahmad announces decision at press briefing following the meeting

Updated 23 Jan, 2023 10:04pm

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

MPS on Monday: Increase in key policy rate likely

KARACHI: The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Monday (Jan 23). The...

Published 21 Jan, 2023 06:15am

Business & Finance

Monetary Policy Committee: SBP set to announce key interest rate on Monday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 23, 2023 to...

Published 20 Jan, 2023 03:07pm

SBP may hike rates by another 100bps to tame inflation

KARACHI: State Bank looks set to raise its key policy rate by 100 basis points to 17% at its review on Monday as it...

Updated 20 Jan, 2023 08:44am

Business & Finance

Monetary policy: experts expect 100bps hike in policy rate

SBP's monetary policy committee is scheduled to meet on January 23 (Monday)

Published 16 Jan, 2023 03:00pm

Business & Finance

Interest rate in 2022: climbing the hill as Pakistan's macroeconomic concerns bite

Policy rate rose from 9.75% in January to a multi-decade high of 16% in November

Updated 29 Dec, 2022 12:02am

Markets

Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2023

Central bank schedules 4 meetings of Monetary Policy Committees during six-month period

Published 26 Dec, 2022 05:39pm

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 7 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 7 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 7 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 7 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 7 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 7 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 7 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 7 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 7 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 7 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 7 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 7 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 7 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 7 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 7 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 6	132.75
USD to Swiss Franc / Feb 6	0.93
Pound Sterling to USD / Feb 6	1.20
Euro to USD / Feb 6	1.07
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 6	4102.30
India Sensex / Feb 6	60506.90
Tokyo Nikkei / Feb 6	27693.65
Nasdaq / Feb 6	11876.41
Hang Seng / Feb 6	21349.17
FTSE 100 / Feb 6	7811.64
Dow Jones / Feb 6	33736.77
Germany DAX 30 / Feb 6	15308.79
France CAC40 / Feb 6	7110.62

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	72.87
Gold Spot USD/Ounce / Feb 6	1868.15
Cotton US¢/pound / Feb 6	84.80

MPC meeting

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