Trends - policy rate - Business Recorder

policy rate

Economy needs a rate cut

Last week, the cut-off yield of PIBs and T/bills was mostly lower. It moved down by about 15 basis points to 50 ...

Published 23 May, 2022 06:15am

Business & Finance

MPC meeting: Majority polled expect major spike in policy rate

Many anticipate rate hike of 100 bps ahead of MPC meeting scheduled for May 23

Updated 17 May, 2022 09:06pm

Markets

Fourth successive fall: KSE-100 slips below 45,000 as market seeks IMF clarity

Key benchmark index has now fallen in 9 out of 10 previous sessions

Updated 06 May, 2022 09:58pm

Markets

6-month KIBOR has hit a 13-year high at 14.1%. Here is what this means

The six-month Karachi Inter-bank Offered Rate (KIBOR), an equilibrium interest rate for a given tenor at which banks...

Published 26 Apr, 2022 07:11pm

Business & Finance

FPCCI chief concerned over 250bps hike in policy rate

KARACHI: Irfan Iqbal Sheikh, President FPCCI expressed concern over an unexpected and massive 250 basis points (bps)...

Published 10 Apr, 2022 05:49am

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

IMF hails 250bps hike in policy rate

IMF resident representative Esther Perez Ruiz says that the fund welcomes SBP Monetary Policy Committee’s strong policy rate action, given 'the elevated inflation and heightened uncertainty that Pakistan is facing'

Updated 09 Apr, 2022 10:18am

Markets

Stocks stage rally as clarity on political front drives positive sentiment

KSE-100 ends final session of the week with a gain of 1.5% or 658 points

Updated 08 Apr, 2022 07:36pm

Business & Finance

At emergency MPC meeting, SBP raises policy rate by 250 basis points to 12.25%

Statement says central bank is in the process of taking further actions to reduce pressures on inflation and current account, namely increase in interest rate on export refinance scheme and widening set of import items subject to cash margin requirements

Updated 07 Apr, 2022 07:31pm

Business & Finance

Long-term govt securities: cut-off yields soar to 115bps

KARACHI: The cut-off yields on the long-term government securities rose sharply up to 115 basis points in the ...

Published 17 Mar, 2022 04:53am

BR Research

Currency movement: First line of defence

With the political match lingering on by extending the vote of no-confidence to 28th March, the economic decision...

Published 16 Mar, 2022 08:19am

BR Research

T-bill auction – peaking rates?

Monetary policy and the T-bill auction are not in sync. On Tuesday, SBP kept the policy rate unchanged, while on...

Updated 11 Mar, 2022 10:31am

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

Markets

KSE-100 finishes lower ahead of monetary policy announcement

Index down 0.21% on Monday

Published 24 Jan, 2022 07:31pm

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

Opinion

Policy rate: 25bps to 50bps hike on the cards?

After the passage of the SBP autonomy bill by the National Assembly, the State Bank of Pakistan will be unveiling ...

Published 24 Jan, 2022 06:50am

MPS on Monday: Policy rate may be kept unchanged

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday (Jan 24) to...

Published 22 Jan, 2022 05:46am

Business & Finance

Monetary Policy Committee to meet on January 24, says SBP

Dr Baqir to address press conference after MPC meeting

Published 21 Jan, 2022 07:11pm

Pakistan

Majority expects status quo in State Bank's upcoming MPC meeting

Meeting is scheduled to be held on January 24
SBP has raised the interest rate in its three previous MPC meetings by a cumulative 275 basis points

Updated 20 Jan, 2022 06:21pm

Business & Finance

Turkish cenbank to halt easing after stirring a crisis

ISTANBUL: Turkey’s central bank is expected to hold its policy rate steady at 14%, a Reuters poll showed, halting...

Published 17 Jan, 2022 07:06am

BR Research

Money market: is the tussle over?

Finally, the market and SBP are synchronizing on the money market rates. The tussle of rates was ongoing between the...

Published 27 Dec, 2021 07:45am

BR Research

Autos: Ping-pong!

Volumes in the auto industry are stagnating and will likely stay on this trajectory for the foreseeable future...

Published 20 Dec, 2021 08:14am

Opinion

Policy rate: ‘boldest’ hike in Asia

Dr Reza Baqir, Governor State Bank of Pakistan (SBP), during his interview to Bloomberg on 17 December stated that...

Published 20 Dec, 2021 06:29am

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

Opinion

Some pertinent questions

The Asian Development Bank (ADB) has forecast higher inflation projection for Pakistan, while saying that ...

Published 16 Dec, 2021 04:00am

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

Policy rate now soars to 9.75pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to further increase...

Updated 15 Dec, 2021 10:00am

BR Research

MPC: Prudent approach is a measured increase

The monetary policy is due today. Hike in market rates implies 175-200 bps increase in the policy rate. Prior to the...

Published 14 Dec, 2021 08:11am

BR Research

Fear & Greed: ‘if wishes were horses..’

The monetary policy meeting is scheduled for Tuesday. A mere look at the yield curve implies that the policy rate...

Published 10 Dec, 2021 08:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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