Trends - Pakistani rupee - Business Recorder

Pakistani rupee

Pakistan’s oil industry on brink of collapse, says OCAC

In letter to energy ministry and Ogra chairman, body makes case for enhancing trade finance limits in wake of rupee depreciation

Published 03 Feb, 2023 09:56pm

Markets

Gold price sees biggest one-day decline, retreats to Rs201,500 per tola in Pakistan

Rupee appreciation, hopes of positive outcome of talks with IMF steer decrease

Published 31 Jan, 2023 07:43pm

Business & Finance

Atlas Honda increases motorcycle prices in Pakistan by up to Rs30,000

Import restrictions, hike in cost of production influence company to increase rates

Published 31 Jan, 2023 03:33pm

Markets

OMAP urges SBP to announce relief for oil industry

LAHORE: The Oil Marketing Association of Pakistan on Monday demanded of the State Bank of Pakistan to announce some...

Published 31 Jan, 2023 06:01am

Business & Finance

Lucky Cement announces consolidated earnings of Rs6.9bn for Q1

KARACHI: On a consolidated basis, the Lucky Cement Limited has reported a profit after tax of Rs6.9 billion for Q1...

Published 28 Oct, 2022 05:58am

Business & Finance

‘Top brass must put national priorities in order’: PKR freefall and high inflation jeopardize our future: KCCI chief

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Idrees, while highlighting the impact...

Published 23 Sep, 2022 05:50am

Markets

SBP-held foreign exchange reserves decline $278mn to $8.35bn

Central bank says decrease due to external debt repayments

Published 22 Sep, 2022 08:15pm

Pakistan

Foreign aid for flood victims to help stabilise PKR: Ahsan

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Sunday said that the foreign ...

Published 19 Sep, 2022 07:04am

Pakistan

FIA tasked to look into PKR devaluation

ISLAMABAD: In order to stop the continuous devaluation of Pakistani rupee, the government has given a task to the...

Published 19 Sep, 2022 06:17am

Pakistan

Indus Motor Company announces temporary shutdown of plant from Aug 1

Company says insufficient inventory levels to maintain further production forcing it towards temporary production shutdown
Plant to stay closed till August 13, 2022

Updated 29 Jul, 2022 11:52am

Editorials

Miftah’s insistence

EDITORIAL: Finance Minister Miftah Ismail has refuted reports that the International Monetary Fund (IMF) programme ...

Published 06 Jul, 2022 05:35am

Opinion

Overcoming economic woes

Governments around the world try to fulfil the responsibility of creating an environment where the state generates...

Published 01 Jul, 2022 06:13am

Business & Finance

HCCI urges SBP to come up with clear policy on dollar’s availability

HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has expressed concern over US...

Published 21 Jun, 2022 06:58am

Gas sector circular debt nearly doubled in 3 years

ISLAMABAD: Over the past three years, the stock of circular debt in gas sector has nearly doubled to Rs 650 billion...

Updated 10 Jun, 2022 09:21am

Markets

The woeful PKR slide

KARACHI: Marred by political and economic uncertainty, the Pakistani rupee during the outgoing week declined 3.95%...

Published 23 May, 2022 06:15am

Business & Finance

Ban on luxury items: Business community doubtful about outcomes

KARACHI: The leadership of Businessmen Group (BMG), while referring to FBR’s recommendations to impose ban on...

Published 20 May, 2022 05:15am

Business & Finance

LCCI concerned at PKR slide

LAHORE: The Lahore Chamber of Commerce and Industry Saturday feared that the economy would further slip down owing...

Published 15 May, 2022 06:43am

Imran raises alarm over state of economy

ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday raised alarm over...

Updated 14 May, 2022 09:52am

Business & Finance

Political unrest cuts off domestic, foreign investment: Kati chief

KARACHI: Korangi Association of Trade and Industry (KATI) President Salman Aslam Wednesday said Pakistan is going...

Published 07 Apr, 2022 05:15am

Opinion

Time to take charge

The petrochemical sector can help us achieve import substitution, promote export-led growth and join the ranks of industrialized nations

Updated 13 Mar, 2022 10:56am

Pakistan can ride out rising external account pressures: Baqir

ISLAMABAD: Central bank chief Dr Reza Baqir believes the country has the capacity and financial cushion to ride out...

Published 12 Jan, 2022 04:25am

Editorials

Economy: rupee slide symptom of infirmity

EDITORIAL: The Pakistani rupee fell from 152 rupees to the dollar in May 2021, the rate used for budget projections,...

Published 11 Jan, 2022 06:33am

Markets

Against USD: Pakistan's rupee weakens to record level

Closes at 177.43 in the inter-bank market on Wednesday

Published 08 Dec, 2021 06:36pm

Editorials

Woeful rupee slide

EDITORIAL: A complicating factor in checking the continuing erosion of the Pakistani rupee, besides the inordinate...

Updated 15 Nov, 2021 09:54am

Markets

PKR under pressure

KARACHI: Pakistan rupee remained under pressure during last week primarily due to uncertainty around IMF Extended...

Published 15 Nov, 2021 04:55am

World Bank says inflation in Pakistan to edge up in FY22

Officials say the government has to sort out circular debt and extend subsidy only to low income groups

Updated 29 Oct, 2021 02:00pm

Markets

PKR ends on positive note

KARACHI: PKR started last week in the negative but took a breather mid week and ended on a positive note against USD...

Published 11 Oct, 2021 04:32am

Opinion

USD-PKR parity—I

Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their...

Published 07 Oct, 2021 04:25am

Fitch Ratings revises PKR forecasts downwards

ISLAMABAD: Fitch Ratings has revised downward its forecasts for the Pakistani rupee, ie, from Rs165 to Rs180 for ...

Published 01 Oct, 2021 03:11am

Markets

Fitch expects Pakistani rupee to weaken further in 2022

ISLAMABAD: Fitch Ratings revised down its forecasts for the Pakistani rupee on Thursday for both this year and next...

Updated 30 Sep, 2021 01:47pm

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 6 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 6 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 6 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 6 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 6 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 6 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 6 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 6 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 6 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 6 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
AL-Noor Sugar / Feb 6 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 6 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 6 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 6 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 6 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 6 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 6 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)
J.K.Spinning / Feb 6 J.K. Spinning Mills Limited(JKSM)	41.75 ▲ -2.95 (-6.60%)

Stock	Volume
Pak Petroleum / Feb 6 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 6 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 6 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 6 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 6 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 6 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 6 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 6 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 6 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	275
USD PKR Interbank Buying / Feb 6	273.50
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
Nasdaq / Feb 3	12006.96
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94
India Sensex / Feb 6	60577.20
Tokyo Nikkei / Feb 6	27693.65
Hang Seng / Feb 6	21349.17

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	73.58
Gold Spot USD/Ounce / Feb 6	1876.61
Cotton US¢/pound / Feb 6	84.80

Pakistani rupee

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