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PBOC

Yuan rebounds

SHANGHAI: China’s yuan rebounded from its lowest against the dollar in more than three weeks to breach a key...

Published 24 Aug, 2021 05:02am

Business & Finance

Strong demand lifts yuan

SHANGHAI: The yuan inched higher against a firmer dollar on Wednesday, as persistently heavy demand for the Chinese...

Published 12 Aug, 2021 04:34am

Markets

Strong demand lifts yuan, despite firmer dollar

They added that the yuan's outperformance would fade going into year-end in the wake of the policy divergence, slowing exports and its strength against its currency basket

Published 11 Aug, 2021 11:41am

Business & Finance

Yuan edges up

SHANGHAI: China's yuan inched higher against the dollar on Tuesday, as strength in the greenback was offset by...

Published 11 Aug, 2021 04:27am

Business & Finance

Yuan rebounds from week low

SHANGHAI: China’s yuan bounced on Monday from its lowest in more than a week against the dollar, as some investors...

Published 10 Aug, 2021 04:39am

Markets

Yuan rebounds from week low as investors unwind dollar bets

Sun maintained his forecast for the yuan to trade in a range of 6.45 to 6.49 per dollar for the near time, with some upside risks to the Chinese currency

Published 09 Aug, 2021 10:38am

Business & Finance

Yuan edges up

SHANGHAI: The yuan edged up against a weaker US dollar on Wednesday, but gains were capped by investor worries over...

Published 05 Aug, 2021 04:34am

Markets

Yuan edges up, but gains capped by worries over Delta outbreaks

In the spot market, onshore yuan opened at 6.4652 per dollar and was changing hands at 6.4608 at midday, 92 pips firmer than the previous late session close

Published 04 Aug, 2021 11:10am

Business & Finance

Yuan eases, but set for best week in two months

SHANGHAI: China’s yuan eased against the dollar on Friday but looked set for its best weekly gain in two months...

Published 31 Jul, 2021 04:05am

Markets

China sets yuan midpoint at weakest in over 3 months

Wednesday's official guidance largely matched market forecasts, and it was 5 pips stronger than Reuters' estimate of 6.4934

Published 28 Jul, 2021 12:28pm

Business & Finance

Yuan bounces from 1-week low

SHANGHAI: China’s yuan on Tuesday rebounded from a one-week low hit a day earlier, although investors were still...

Published 28 Jul, 2021 04:45am

Markets

Yuan bounces from 1-week low, investors eye stock risks

Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 6.4734 per dollar, 29 pips firmer than the previous fix of 6.4763

Published 27 Jul, 2021 12:20pm

Business & Finance

Yuan rebounds from 10-day low on heavy corporate demand, steady LPR fix

SHANGHAI: China’s yuan rebounded from a 10-day low against the dollar, as the local currency got a helping hand...

Published 21 Jul, 2021 01:51am

Markets

Yuan briefly weakens to 10-day low, markets await benchmark rate fix

By midday, it was changing hands at 6.4791, 5 pips weaker than the previous late session close

Published 19 Jul, 2021 12:27pm

Business & Finance

China frees up $154bn for banks

BEIJING: China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan...

Published 10 Jul, 2021 03:42am

Business & Finance

China govt bond yields slump

SHANGHAI: China’s government bond yields fell sharply on Thursday after the State Council, the country’s ...

Published 09 Jul, 2021 04:25am

Markets

Yuan inches up despite weaker-than-expected midpoint guidance

Sun expected the yuan to trade in a range of 6.45 to 6.48 per dollar in the near term

Published 07 Jul, 2021 10:32am

Markets

Yuan eases to one-week low, set for 5th straight weekly loss

The outcome was also likely to bring volatility to major currencies

Published 02 Jul, 2021 10:50am

Markets

Yuan up on tight liquidity, set for worst month since August 2019

In the spot market, onshore yuan opened at 6.4625 per dollar and was changing hands at 6.4571 at midday, 69 pips firmer than the previous late session close.

Published 30 Jun, 2021 11:14am

Markets

Yuan firms against dollar, but US inflation could renew downward pressure

Higher interest rates traditionally help support the dollar.

Published 25 Jun, 2021 12:34pm

Business & Finance

China's central bank urges tougher crackdown on cryptocurrencies

The PBOC urged institutions to launch thorough checks on clients' accounts to identify those involved in cryptocurrency transactions, and promptly cut their payment channels.

Published 21 Jun, 2021 05:22pm

Markets

China central bank to auction 5b yuan in 6-month yuan-denominated bills in HK on June 24

The auction is aimed at improving the yuan yield curve in the financial hub

Published 18 Jun, 2021 10:40am

Business & Finance

China bank loans unexpectedly rise

BEIJING: China’s new bank loans unexpectedly rose in May from the previous month but broader credit growth...

Published 11 Jun, 2021 03:41am

Markets

Yuan eases after flurry of official warnings, but bullish bets rise

However, a Reuters poll showed on Thursday that bullish bets on the yuan have hit a near six-month high.

Published 03 Jun, 2021 12:19pm

Markets

China's banks are bursting with dollars, and that's a worry

Onshore dollar deposits top $1 trln.
Cash pile supports yuan just as authorities seek to temper rally.
Traders see risk that dollar selling crushes dollar/yuan.

Published 01 Jun, 2021 08:39pm

Markets

China lifts yuan midpoint to new 3 year high, basket index at highest since 2016

The People's Bank of China (PBOC) set the midpoint rate at 6.3682 per dollar prior to the market open.

Published 31 May, 2021 11:24am

Markets

Yuan advances to new 3 year high as PBOC yet to show discomfort with recent gains

At midday, the global dollar index fell to 90.037 from the previous close of 90.073, while the offshore yuan was trading at 6.3794 per dollar.

Published 27 May, 2021 12:23pm

Markets

Yuan jumps to 3 year high, investors wary of PBOC pressure

The offshore yuan also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.

Published 25 May, 2021 11:16am

Markets

Yuan edges up as PBOC reiterates no change to FX policy

In the spot market, onshore yuan opened at 6.4380 per dollar and was changing hands at 6.4330 at midday, 15 pips firmer than the previous late session close.

Published 24 May, 2021 11:06am

Markets

Yuan eases as FX demand for dividend payments kicks in

"The PBOC's Q1 monetary policy report suggests that the central bank is not worried about imported inflation, despite that it expects PPI to rise further in Q2 and Q3," said Frances Cheung, rates strategist at OCBC Bank in Singapore.

Published 12 May, 2021 12:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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