Topic

RMB

The Panda Bond opportunity

Published 30 Jan, 2025 06:47am

Pakistan’s financial future hangs in the balance as the country struggles to bridge its funding gap and strengthen...

Country preparing to launch yuan-denominated bonds: Aurangzeb

Updated 14 Jan, 2025 02:57pm

**ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday has said that the country is preparing to launch...

RMB, FDI, export-oriented enterprises: GFZ may be granted exemption to initiate pilot project

Updated 10 Oct, 2024 09:11am

ISLAMABAD: The government is likely to exempt Gwadar Free Zone (GFZ) from Import and Export Order and Foreign...

Is de-dollarisation on the move

Updated 30 Sep, 2024 08:09am

**This is the first of a two-part series on de-dollarisation. An exclusive report carried by Business Recorder...

Trade settlement in Chinese RMB soars 600pc

Updated 20 Jan, 2024 05:29pm

ISLAMABAD: Pakistan’s trade settlement in Chinese RMB has increased by 600 percent, ie, from 2 percent in 2018 to...

ICBC Karachi hosts ‘RMB Clearing Bank Grand Opening Ceremony’ in Islamabad

Published 30 Oct, 2023 05:24am

ISLAMABAD: The Industrial and Commercial Bank of China (ICBC) Karachi Branch proudly hosted the “RMB Clearing Bank...

Use of RMB: Regulatory framework put in place: minister

Updated 28 Oct, 2023 04:31pm

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar Friday said the State Bank of Pakistan has already put in...

RMB clearing operations: milestone achieved

Updated 28 Oct, 2023 04:29pm

Governor State Bank of Pakistan Jameel Ahmed says role of renminbi is continuously increasing in the global economy and international financial markets

Dar lauds support as Bank of China’s second branch opens in Islamabad

Updated 31 Jul, 2023 05:34pm

Finance Minister Ishaq Dar on Monday lauded the role of China’s banking sector and its institutions for supporting...

Shift away from USD picking up the pace

Updated 15 Apr, 2023 07:33am

The mighty US dollar that reigned supreme for several decades is witnessing a challenge to its dominance. There is a...

Global currency: Govt supports China’s efforts to expand use of RMB

Updated 07 Apr, 2023 01:08pm

Pakistan is one of the leading countries to use RMB for international trade settlement, says minister Ahsan Iqbal

Misconceived ML-1 railway project

Published 19 Nov, 2022 06:17am

During a meeting between Chinese President Xi Jinping and Prime Minister Shehbaz Sharif early this month, both sides...

BMP for early establishment of PKR-RMB clearing arrangement

Published 07 Nov, 2022 07:34am

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has called for...

China to help stabilise Pak economy: Xi

Updated 03 Nov, 2022 09:55am

BEIJING: China will continue to support Pakistan as it tries to stabilise its financial situation, state media...

RMB clearance: SBP signs MoU with Chinese bank

Updated 03 Nov, 2022 09:53am

KARACHI: The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding...

China’s yuan on track

Published 01 Nov, 2022 05:55am

SHANGHAI: China’s yuan weakened against the dollar on Monday and was on track for its eighth straight monthly...

Yuan slides to two-year low

Published 16 Sep, 2022 06:04am

SHANGHAI: China’s yuan traded offshore weakened to 7 per dollar in European hours on Thursday, as markets continue...

Resolution of key issues awaited: Chinese power companies still facing stumbling blocks

Updated 15 Aug, 2022 10:55am

ISLAMABAD: Chinese imported-coal fired power companies are reportedly still facing stumbling blocks in resolution of...

Reform and development of China’s financial sector

Published 06 Aug, 2022 04:02am

(—eighth part of the “China in the past decade” series) Since the 18th National Congress of the Communist ...

Port Qasim coal-fired power plant: Chinese propose use of RMB

Updated 01 Aug, 2022 09:48am

ISLAMABAD: Chinese coal power producers have shared their concerns with Prime Minister Shehbaz Sharif and proposed...

Gwadar Free Zone: Irked by rupee slide, Chinese for accounts in RMB

Updated 18 Jul, 2022 10:21am

Chinese investors in Gwadar have sought permission to maintain their bank accounts in RMB in Gwadar Free Zone without converting their money into Rupees

Forex reserves soar on $2bn Chinese inflows

Updated 01 Jul, 2022 09:45am

Country’s reserves were constantly on decline due to scheduled external debt servicing and financing of current account deficit

July-May period: C/A deficit crosses $15bn mark

Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 20	162.36
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.35
Euro to USD / Jul 20	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Nasdaq / Jul 17	25,520.24
Dow Jones / Jul 17	52,146.42
Tokyo Nikkei / Jul 20	77,672.21
Hang Seng / Jul 20	25,069.85
FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
Gold Spot USD/Ounce / Jul 20	4,011.10
Diesel/Litre / Jul 20	354.35
Cotton US¢/pound / Jul 20	79.24

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Shams Textile / Jul 20 Shams Textile Mills Limited(STML)	63.99 ▲ 5.82 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Suhail Jute / Jul 20 Suhail Jute Mills Limited(SUHJ)	246.36 ▲ 22.4 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Nadeem Tex. / Jul 20 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.20 ▼ -14.09 (-9.38%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.50 ▼ -6.2 (-8.77%)
Shahzad Tex. / Jul 20 Shahzad Textile Mills Limited(SZTM)	92 ▼ -8.51 (-8.47%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.02 ▼ -2.03 (-8.44%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	175 ▼ -14.94 (-7.87%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	136,029,229 ▲ 0.82
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	48,877,241 ▲ 4.46
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	29,414,908 ▲ 0.17
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	26,465,572 ▲ 0.2
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	24,073,056 ▼ -0.12
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	14,767,797 ▲ 0.35
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	13,793,133 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	12,789,889 ▼ -0.21
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	12,169,582 ▲ 0.75
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	11,635,713 ▲ 0.02

RMB

Most Popular