Trends - Pound - Business Recorder

Pound

Sterling on track for weekly gain

LONDON: Sterling was on track for a weekly gain versus the dollar on Friday, as currency traders look ahead to key...

Published 20 May, 2024 05:44am

Business & Finance

Pound hits one-month low as BOE drops more rate cut hints

LONDON: The pound fell to its lowest so far this month on Friday, after data showed UK consumer spending stagnated ...

Published 25 Mar, 2024 05:47am

Opinion

Pakistani rupee: a wayward currency

Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand...

Published 27 Nov, 2023 06:13am

Business & Finance

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Business & Finance

Dollar slips; euro and pound rise

NEW YORK: The US dollar fell against most major currencies on Tuesday after better-than-forecast growth data from...

Published 19 Apr, 2023 06:36am

Markets

Dollar gains on pound and yen after upbeat US data

NEW YORK: The dollar rose against the pound and the yen on Monday after data showed that US services industry...

Published 06 Dec, 2022 05:58am

Business & Finance

Sterling edges up against dollar

LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s...

Published 29 Nov, 2022 05:57am

Markets

Dollar slips as risk sentiment improves after Fed minutes

SINGAPORE: The US dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of...

Published 24 Nov, 2022 09:30am

Business & Finance

Sterling climbs as dollar rally wanes

LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ...

Published 23 Nov, 2022 05:55am

Business & Finance

Sterling hits 3-month high

LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation...

Published 16 Nov, 2022 05:50am

Business & Finance

Sterling set for biggest daily gain since 2017

LONDON: Sterling was set for its biggest daily gain since January 2017 against a weakening US dollar on Thursday...

Published 11 Nov, 2022 05:54am

Markets

British pound extends recovery with 1% dollar gain

LONDON: The pound recovered further Wednesday, jumping more than one percent against the dollar, as markets welcomed...

Published 26 Oct, 2022 02:46pm

Business & Finance

Sterling posts sharp gains; dollar down against most currencies

LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ...

Published 30 Sep, 2022 05:52am

Business & Finance

Dollar pauses for breath as fragile pound edges up

NEW YORK/LONDON: The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as ...

Published 28 Sep, 2022 05:51am

Business & Finance

Pound falls to 37-year low

LONDON: Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the...

Published 19 Sep, 2022 05:45am

Markets

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's...

Published 07 Sep, 2022 08:08pm

Business & Finance

Sterling steadies after bruising week, markets await new PM

LONDON: The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the...

Published 05 Sep, 2022 06:04am

Opinion

Market mayhem awaits Britain’s new leader

Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial...

Published 03 Sep, 2022 04:25am

Business & Finance

Sterling slides below $1.15 for first time since 2020

LONDON: Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds ...

Published 02 Sep, 2022 06:00am

Business & Finance

Sterling on track for worst week since September 2020

LONDON: The British pound is set to record its worst weekly loss versus the dollar since September 2020, as ...

Published 22 Aug, 2022 06:33am

Business & Finance

Sterling slammed as BoE delivers big rate hike but warns of long recession

LONDON: Sterling fell on Thursday after the Bank of England raised interest rates by the most in 27 years as it ...

Published 05 Aug, 2022 06:27am

Markets

SBP to enhance monitoring of foreign exchange operations

Says it has started inspections of a number of exchange companies and banks since Monday

Updated 03 Aug, 2022 08:24pm

Business & Finance

Sterling loses steam

LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid...

Published 03 Aug, 2022 04:55am

Business & Finance

Pound struggles around $1.20

LONDON: Sterling held around the $1.20 level versus the US dollar on Monday as traders worried about the outlook of...

Published 26 Jul, 2022 04:31am

Business & Finance

Weak pound hits two-week low vs euro after oversized ECB hike

LONDON: The British pound hit a two-week low against the euro on Thursday after a larger-than-expected rate hike ...

Published 22 Jul, 2022 06:07am

Business & Finance

Pound rallies vs dollar

LONDON: Sterling strengthened against a broadly struggling dollar but fell against a firmer euro on Tuesday, with...

Published 20 Jul, 2022 05:48am

Business & Finance

Improved risk appetite lifts sterling 1.3pc vs weakening dollar

LONDON: Sterling surged more than 1% against a weakening US dollar on Monday supported by improved risk sentiment as...

Published 19 Jul, 2022 06:00am

Business & Finance

Sterling makes small gains but stays near March 2020 low

LONDON: A depressed British pound rose slightly against the dollar on Friday, but remained near more than two-year...

Published 16 Jul, 2022 04:20am

Business & Finance

Sterling enjoys a small lift as Boris Johnson quits

LONDON: Sterling held on to its gains on Thursday after Boris Johnson said he was quitting as prime minister...

Published 08 Jul, 2022 05:36am

Business & Finance

Pound strengthens

LONDON: The British pound rose against the dollar and euro on Monday, pulling away from two-week lows as risk...

Published 05 Jul, 2022 05:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.50
USD PKR Interbank Buying / May 20	278.30
USD to Japanese Yen / May 20	156.25
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 20	5308.13
India Sensex / May 20	74005.94
Tokyo Nikkei / May 20	38069.68
Nasdaq / May 20	16794.88
Hang Seng / May 20	19636.22
FTSE 100 / May 20	8424.20
Dow Jones / May 20	39806.77
Germany DAX 30 / May 20	18768.96

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Crude Oil USD/Barrel / May 20	79.65
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2430.25
Cotton US¢/pound / May 20	76.03
Petrol/Litre / May 21	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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