Trends - MPS - Business Recorder

MPS

The policy rate challenge

EDITORIAL: The Monetary Policy Committee raised the policy rate by one percent - to 21 percent - thereby linking the...

Published 06 Apr, 2023 06:20am

SBP seen raising key rate to record 22pc as inflation bites

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, April 04, 2023 at...

Updated 01 Apr, 2023 08:48am

Editorials

MPS: steep rate hike to tame inflation

EDITORIAL: In spite of the Monetary Policy Committee’s (MPC’s) decision to raise the discount rate to 20 percent...

Published 06 Mar, 2023 06:22am

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

BR Research

Building inflation expectations

Inflation expectations are becoming entrenched in Pakistan. There is a case of seven straight months of twenty...

Published 16 Dec, 2022 09:04am

Editorials

MPS makes grim but unsurprising reading

EDITORIAL: The Monetary Policy Committee (MPC) raised the policy rate by 100 basis points to 16 percent, reflecting...

Published 28 Nov, 2022 06:09am

Markets

SBP raises key interest rate by 100bps, takes it to 16%

MPC says decision reflects view that inflationary pressures have proven to be stronger and more persistent than expected
Majority of market participants had anticipated central bank to maintain key policy rate

Updated 25 Nov, 2022 08:52pm

Editorials

MPS text influenced by the ‘Dar factor’?

EDITORIAL: Monetary Policy Statement (MPS), the first under the chairmanship of the newly-appointed Governor State...

Published 12 Oct, 2022 05:46am

Business & Finance

MPS on 10th

KARACHI: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet on Monday (Oct 10) at SBP Karachi ...

Published 07 Oct, 2022 05:59am

Editorials

Friendly countries aid fatigue

EDITORIAL: Prime Minister Shehbaz Sharif, while addressing a lawyers’ convention in Islamabad, acknowledged that...

Published 19 Sep, 2022 05:45am

‘Most difficult part is behind us now’: SBP official defends quick hikes in key policy rate

KARACHI: Chief Economist and Research Advisor SBP, Dr Ali Chaudhry has said that the most difficult part is behind ...

Updated 28 Aug, 2022 01:12pm

Pakistan

Monetary policy: SBP keeps key interest rate unchanged at 15%

Monetary Policy Committee says with recent inflation developments in line with expectations, domestic demand beginning to moderate and the external position showing some improvement, it felt it was prudent to take a pause at this stage

Updated 22 Aug, 2022 05:10pm

World

EU Commission agrees to extend sale deadline for Monte dei Paschi

MILAN: The European Commission on Tuesday approved revised restructuring targets for Italian bank Monte dei Paschi ...

Published 03 Aug, 2022 04:55am

World

Swedish PM condemns MPs posing with PKK flag amid Turkey NATO row

STOCKHOLM: Sweden’s Prime Minister Magdalena Andersson on Wednesday condemned a group of left-wing MPs who posed...

Published 07 Jul, 2022 07:36am

Opinion

Circling the drain

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) couldn’t be serious that the “business,...

Published 26 May, 2022 05:26am

Business & Finance

SBP raises key interest rate by 150 basis points, takes it to 13.75%

This is the highest interest-rate level in 11 years
SBP says external pressures remain elevated and inflation outlook has deteriorated due to both home-grown and international factors

Updated 23 May, 2022 09:48pm

MPS on Monday

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, May 23, 2022 at SBP...

Updated 21 May, 2022 10:49am

Editorials

Big, sudden hike in policy rate

EDITORIAL: An emergent meeting of the Monetary Policy Committee was called on 7 April 2022 and the Monetary Policy...

Published 09 Apr, 2022 04:39am

Business & Finance

SBP keeps interest rate unchanged at 9.75%

State Bank of Pakistan says outlook for inflation has 'improved following government's relief package announced last week'

Updated 08 Mar, 2022 10:58pm

Business & Finance

Market divided over upcoming monetary policy decision

Monetary Policy Committee (MPC) of the State Bank of Pakistan is scheduled to meet on March 8

Updated 03 Mar, 2022 05:47pm

World

Nepal police fire tear gas as MPs debate US grant

KATHMANDU: Nepal police fired rubber bullets and tear gas on Sunday as hundreds protested against a $500-million US...

Published 21 Feb, 2022 07:25am

Business & Finance

Monetary policy: SBP keeps policy rate unchanged at 9.75%

Several developments suggest demand moderating measures are gaining traction and have improved the outlook for inflation, says Monetary Policy Committee

Updated 24 Jan, 2022 05:59pm

Markets

SBP to take a 'pause' after string of interest-rate hikes, says Dr Reza Baqir

Central bank governor says will first look at the effects of the tightening that we have already done

Updated 17 Dec, 2021 02:34pm

BR Research

MPS: finally, getting the signaling right!

Its 100bps increase to 9.75 percent! Forward guidance is also much clearer: “end goal of mildly positive real...

Published 15 Dec, 2021 09:24am

MPS today

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet today (Tuesday) December...

Updated 14 Dec, 2021 02:59pm

Markets

Bears dominate bourse, KSE 100 drops 328 points

The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index remained in the negative territory, amid lack of ...

Updated 09 Dec, 2021 05:52pm

Business & Finance

MPS: SBP addresses concerns

KARACHI: Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the...

Published 30 Nov, 2021 05:23am

Opinion

A tight macroeconomic policy stance and its repercussions

State Bank of Pakistan (SBP) is its latest monetary policy statement (MPS) increased policy rate by 150 basis points...

Published 26 Nov, 2021 05:15am

Opinion

The MPS surprise

State Bank of Pakistan (SBP) has made a surprise and aggressive move by increasing the policy rate by 150bps (basis...

Published 21 Nov, 2021 04:19am

World

Tunisia TV host, MP held over comments on president

TUNIS: Tunisian authorities on Sunday arrested a television journalist and an MP who appeared on his show for...

Published 04 Oct, 2021 05:56am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

MPS

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