Trends - policy rate - Business Recorder

policy rate

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Business & Finance

Gems and jewellery sector urges reduction in key policy rate

KARACHI: Gems & Jewellery sector has demanded for immediate reduction in interest rates following the drop in...

Updated 10 Sep, 2024 07:32am

Opinion

Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to...

Updated 09 Sep, 2024 08:02am

BMP assails increase in power tariffs

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has condemned the...

Updated 09 Sep, 2024 09:04am

Business & Finance

Further ease in monetary policy stance expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy...

Published 06 Sep, 2024 07:53am

Opinion

What sustainable macroeconomic stability?

The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that...

Updated 06 Sep, 2024 07:36am

Markets

Analysts expect SBP to continue easing in next week’s monetary policy announcement

Most experts Business Recorder reached out to see decline between 100 to 200 bps

Updated 05 Sep, 2024 08:29pm

$7bn EFF Programme: Aurangzeb expects on-time IMF approval

ISLAMABAD: The International Monetary Fund (IMF) Executive Board’s approval of $7 billion Extended Fund Facility...

Updated 04 Sep, 2024 09:16am

Business & Finance

Business community expecting higher cuts in key policy rate: FPCCI

KARACHI: Atif Ikram Sheikh, President FPCCI, has said that the policy rate cuts announced over the last two monetary...

Published 27 Aug, 2024 06:44am

Pakistan

Last two years worse in Pakistan’s economic history: Atif Mian

Country stuck in ‘poverty trap’, needs ‘big policy change’, says noted economist

Updated 19 Aug, 2024 04:40pm

Markets

National Saving Schemes: CDNS reduces profit rates on some of its products

The Central Directorate of National Savings (CDNS) has reduced profit rates on several of its National Savings...

Updated 12 Aug, 2024 10:14pm

Markets

Rates of all Kibor tenors decline

KARACHI: KIBOR rates across all tenors declined with decreases ranging from 2bps to 40bps on DoD basis on Thursday....

Published 09 Aug, 2024 06:56am

Editorials

SBP Governor: cautious optimism

EDITORIAL: The Governor of State Bank of Pakistan, Jamil Ahmed, clarified to the National Assembly’s Standing...

Published 09 Aug, 2024 06:56am

Business & Finance

Dagha underscores need for ‘substantial’ policy rate cut

KARACHI: Chairman Policy Research Advocacy Council of Karachi Chamber of Commerce & Industry (PRAC-KCCI) ...

Updated 07 Aug, 2024 07:29am

Business & Finance

Cut in interest rate termed ‘insignificant’

KARACHI: Terming the recent cut in interest rate insignificant, experts and industry leaders have asked the State...

Published 31 Jul, 2024 06:40am

Markets

SBP projected to bring down policy rate to 16% by 2024-end: Fitch Solutions’ BMI report

Key policy rate currently stands at 20.5%

Updated 18 Jul, 2024 10:37pm

Markets

Pakistan’s GDP growth to hit 3.2% in FY25, says Fitch Solutions’ BMI report

Growth to come on back of agriculture boost, lower policy rate and easing inflation
Projected figure still below govt's targeted level of 3.6%

Updated 18 Jul, 2024 10:08pm

Policy rate might see a gradual decrease: Aurangzeb

LAHORE: Federal Minister of Finance and Revenue, Senator Muhammad Aurangzeb on Saturday said there is a possibility...

Updated 07 Jul, 2024 09:58am

Markets

Arif Habib Limited now expects KSE-100 to hit 109,000 by June 2025

Propelled by optimism over inking a “new longer and larger” programme with the International Monetary Fund (IMF) and...

Updated 04 Jul, 2024 08:53pm

Markets

Pakistan’s headline inflation increases pace, clocks in at 12.6% in June 2024

Average CPI inflation reading in FY24 clocks in at 23.4%

Updated 01 Jul, 2024 07:03pm

Business & Finance

Business community demands further cut in policy rate

LAHORE: Business community has demanded further cut in the policy rate to facilitate growth of industrial sector....

Published 12 Jun, 2024 06:51am

Business & Finance

UBG leaders disappointed over 1.5pc reduction in policy rate

KARACHI: Leaders of the United Business Group (UBG), including SM Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 12 Jun, 2024 06:51am

Markets

Investors get over cut in key policy rate, anxious over budget as KSE-100 falls below 73,000

Rumours over anti-growth measures overshadow impact of rate cut

Updated 11 Jun, 2024 07:19pm

Business & Finance

Business community leader says 150bps rate cut ‘too little, too late’

KARACHI: Business and industrial community has termed the meagre reduction in interest rate a bit disappointing and...

Published 11 Jun, 2024 03:17am

Business & Finance

FPCCI terms policy rate cut ‘too little’

LAHORE: Atif Ikram Sheikh, President FPCCI, has said that the policy rate cut announced on Monday is too less, too...

Published 11 Jun, 2024 03:17am

Business & Finance

Finally, policy rate cut 150bps to 20.5pc

KARACHI: After maintaining a policy rate at all-time high level of 22 percent for almost a year, the Monetary Policy...

Updated 11 Jun, 2024 08:38am

Opinion

Policy rate decision ahead of budget presentation

State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped...

Updated 10 Jun, 2024 08:06am

Editorials

Improving business confidence

EDITORIAL: It’s welcome news, of course, that the 25th wave of the Business Confidence Index (BCI) conducted by ...

Updated 10 Jun, 2024 08:02am

Editorials

Policy rate manoeuvrability

EDITORIAL: Domestic pressure is clearly mounting on the Monetary Policy Committee scheduled to meet on June 10 to...

Updated 07 Jun, 2024 10:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 11	278.65
USD PKR Interbank Buying / Sep 11	278.40
USD to Japanese Yen / Sep 11	142.41
USD to Swiss Franc / Sep 11	0.85
Pound Sterling to USD / Sep 11	1.30
Euro to USD / Sep 11	1.10

Stock	Volume
S&P 500 / Sep 11	5,536.66
India Sensex / Sep 11	81,523.16
Tokyo Nikkei / Sep 11	35,619.77
Nasdaq / Sep 11	17,395.53
Hang Seng / Sep 11	17,108.71
FTSE 100 / Sep 11	8,193.94
Dow Jones / Sep 11	40,861.71
Germany DAX 30 / Sep 11	18,330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,735
Crude Oil USD/Barrel / Sep 11	67.07
Gold 10 Grams PKR / Sep 11	226,337
Gold Spot USD/Ounce / Sep 11	2,512.70
Cotton US¢/pound / Sep 11	69.61
Petrol/Litre / Sep 12	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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