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Russian economy

Russian economy has not collapsed: Putin

Updated 06 Jun, 2026 06:43am

SAINT PETERSBURG: The Russian economy has not fallen apart, President Vladimir Putin said on Friday, dismissing...

Trump says Modi assured him India will stop buying Russian oil

Published 16 Oct, 2025 08:16am

WASHINGTON: US President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop...

Kremlin rejects Trump’s view that the Russian economy could collapse

Published 15 Oct, 2025 04:33pm

MOSCOW: The Kremlin on Wednesday pushed back at U.S. President Donald Trump’s warning that the Russian economy was...

Peace not war is the focus now for Russia and United States, Kremlin says

Updated 16 Feb, 2025 10:43pm

MOSCOW: The Kremlin said on Sunday that the significance of the phone call between Vladimir Putin and Donald Trump...

Volodymyr Zelenskiy says draft US minerals deal ‘does not protect’ Ukraine

Updated 16 Feb, 2025 10:09pm

MUNICH: President Volodymyr Zelenskiy said on Saturday a draft minerals deal with Washington did not contain the...

Sergei Lavrov, Rubio discuss removal of ‘barriers’ set by previous US administration, Russia says

Published 16 Feb, 2025 10:31am

MOSCOW: Russian Foreign Minister Sergei Lavrov and US Secretary of State Marco Rubio discussed the situation in...

‘G-7 Actions: risking greater conflict with Russia’

Published 22 Jun, 2024 06:47am

This is apropos a letter to the Editor by this writer with the above headline carried by the newspaper recently. I...

Russian central bank raises key interest rate to 16% to counter inflation

Published 15 Dec, 2023 07:00pm

MOSCOW: Russia’s central bank on Friday raised its key interest rate to 16 percent, announcing a fifth hike since...

World Bank lifts Russia growth forecast on resilient energy exports

Published 06 Jun, 2023 06:49pm

WASHINGTON: The World Bank has significantly improved its outlook for the Russian economy this year due to...

Russia risks cloud outlook for Central Asia, Caucasus: IMF

Published 11 May, 2023 03:04pm

ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face of...

Russia may see wider 2023 budget deficit, lower growth for years to come: IMF

Published 11 Apr, 2023 06:22pm

MOSCOW: Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global...

G20 tussles overc war as West steps up sanctions

Updated 25 Feb, 2023 09:04am

BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with...

Sanctions having ‘significant negative effect’ on Russian economy: Yellen

Published 23 Feb, 2023 05:19pm

BENGALURU: Sanctions imposed on Russia are having a “very significant effect”, US Treasury Secretary Janet Yellen...

US sanctions authority probes Raiffeisen on Russia

Published 19 Feb, 2023 03:19am

The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its ...

Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc

Published 02 Jan, 2023 06:43am

MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%...

Russia likely to buy yuan on FX market in 2023

Published 23 Dec, 2022 05:54am

MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ...

Washington considers sending advanced air defence system to Ukraine

Published 14 Dec, 2022 11:03am

KYIV/WASHINGTON: The United States was finalising plans to send its sophisticated Patriot air defence system to...

Whoosh tests Russian IPO interest as foreign investors frozen out

Published 14 Dec, 2022 05:57am

Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation ...

Xi, Putin to attend G20 summit in Indonesia’s Bali this November

Published 19 Aug, 2022 10:04am

Chinese and Russian leaders Xi Jinping and Vladimir Putin will attend the G20 summit on the resort island of Bali...

Stalemate, for now.

Published 19 Aug, 2022 08:55am

It’s almost six months since Russia’s brutal invasion of Ukraine unfolded, sending global financial markets and...

A 'default' when flush with cash: Five signs Russia ain't sinking yet

Published 27 Jun, 2022 06:12pm

LONDON: Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast...

Putin says no Iron Curtain will close off Russia’s economy

Published 09 Jun, 2022 08:10pm

LONDON: President Vladimir Putin said on Thursday that no Iron Curtain would fall over the Russian economy despite...

Russia says no agreement reached with Turkey on Ukrainian grain sale

Published 09 Jun, 2022 06:56pm

LONDON: The Kremlin said on Thursday that no agreement had been reached to sell grain from Ukraine to Turkey - which...

UniCredit executive says chances to cut Russia exposure ‘limited’

Published 08 Jun, 2022 07:09pm

MILAN: UniCredit has “limited” opportunities to reduce its exposure to Russia, the Italian bank’s finance chief said...

VTB says Russian banks could get $52bn boost if country ditches Basel rules

Published 26 May, 2022 06:21pm

Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital...

UK hits Russian airlines with fresh sanctions

Published 19 May, 2022 03:08pm

LONDON: The UK government said on Thursday it is slapping further sanctions on Russia’s main airlines by barring...

Russian central bank eyes rate cut, warns of structural changes to economy

Published 21 Apr, 2022 08:38pm

Russia’s central bank will consider cutting its key interest rate further at upcoming board meetings, Governor...

Inflation in Russia hits highest since early 2002

Published 20 Apr, 2022 10:00pm

Annual inflation in Russia accelerated to 17.62% as of April 15, its highest since early 2002 and up from 17.49% a...

Russian rouble firms vs dollar, OFZ bonds near 2-month highs

Published 20 Apr, 2022 05:12am

MOSCOW: The Russian rouble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their...

Inflation in Russia hits highest in more than 20 years

Published 13 Apr, 2022 09:46pm

Annual inflation in Russia accelerated to 17.49% as of April 8, its highest since February 2002 and up from 16.70% a...

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 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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