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 / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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