Trends - SBP - Business Recorder

SBP

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits

Published 08 May, 2021 03:30am

Markets

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday

Published 08 May, 2021 03:30am

Customs field formations directed

ISLAMABAD: In order to facilitate exports and other trade activities, Federal Board of Revenue’s Customs Wing has...

Published 08 May, 2021 03:30am

Reserves fall on external debt payment

KARACHI: The country’s total liquid foreign exchange reserves declined sharply by $778 million during the last ...

Published 07 May, 2021 04:35am

Fitch seeks viewpoint on China’s future role in bilateral financing

ISLAMABAD: Fitch Ratings- Hong Kong, an international sovereign rating agency, which is conducting Pakistan’s...

Published 07 May, 2021 04:35am

Business & Finance

SBP to clear businessmen’s cheques today

ISLAMABAD: On the direction of President Dr Arif Alvi, SBP has assured clearing of the cheques of business...

Updated 07 May, 2021 10:01am

Business & Finance

Sustainable development: Govt focusing on SMEs sector: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin said on Thursday that the government is focusing on small and medium...

Updated 07 May, 2021 10:01am

Pakistan

FPCCI appreciates Finance Minister for his vision of economic growth

Further, the minister had rightly pointed out towards the need of off-loading the burden of continued losses of SOEs by fast track privatization, he added.

Published 06 May, 2021 11:13pm

Pakistan

Shamshad elected as first woman chairperson of PSX board

KARACHI: For the first time in the 73 years history of Pakistan Stock Exchange (PSX), a woman chairperson has been...

Updated 06 May, 2021 10:19am

Opinion

Monetary policy and SBP’s independence

Monetary Policy is a subset of public policies and the ultimate objective of every public policy is to improve the...

Published 05 May, 2021 04:01am

Opinion

Any rate hike may add to people’s misery

State Bank of Pakistan (SBP) will soon be announcing its Monetary Policy Statement. No surprise is expected, in ...

Published 05 May, 2021 04:01am

Renewable energy: Banks extend financing of around Rs36bn

KARACHI: Banks have extended financing of around Rs36 billion for 521 projects producing approximately 850 MW under...

Updated 05 May, 2021 09:42am

Leading banks interested in acquiring Silkbank’s consumer accounts portfolio

KARACHI: Two leading banks have shown interest in acquiring Silkbank’s consumer accounts portfolio. According to...

Updated 05 May, 2021 10:36am

Banks to remain open on Saturday

KARACHI: The State Bank of Pakistan (SBP) has announced that all branches of banks/MFBs will open on May 8, 2021 to...

Updated 05 May, 2021 10:36am

Bank Eid holidays

KARACHI: The State Bank of Pakistan and all banks will remain closed from 10th to 15th May, 2021 (Monday to ...

Updated 05 May, 2021 10:36am

Pakistan

Pakistan’s exports to Holland increase 6.92pc to $830 million in 3 quarters

The overall exports to Holland were recorded as US $ 830.484 million during July-March (2020-21) against exports of US $ 776.703 million during July- March (2019-20).

Published 04 May, 2021 05:40pm

Pakistan

Banks to open on Saturday as SBP announces week long Eid holidays

All branches of banks and MFBs shall remain open on May 8, 2021 (Saturday) from 9:00 a.m. to 2:00 p.m. without break.

Published 04 May, 2021 05:35pm

Business & Finance

SBP, PSX to remain close from 10-15 May

The closure will be on the occasion of Eid-ul-Fitr, said the central bank.

Updated 04 May, 2021 03:35pm

Pakistan

BOP and AIM sign agreement for promotion of low-cost housing

LAHORE: The Bank of Punjab (BOP) and Akhuwat Islamic Microfinance (AIM), have signed an agreement for promoting...

Updated 04 May, 2021 09:54am

Business & Finance

SBP decision on new notes welcomed

KARACHI: Patron in Chief of United Business Group (UBG) S.M Muneer, Secretary General Zubair Tufail and former Vice...

Updated 04 May, 2021 09:51am

Pakistan

Pakistan’s exports to USA increase 14.81pc to $3563 million in 3 quarters

The overall exports to USA were recorded as US $ 3563.734 million during July-March (2020-21) against exports of US $ 3103.817 million during July- March (2019-20).

Published 02 May, 2021 06:33pm

Pakistan

USA, UK, China top three destinations of Pakistani exports in 3 quarters

Total exports to the USA during July-March (2020-21) were recorded at US $ 3563.734 million against the exports of US $ 3103.817 million during July-March (2019-20).

Published 01 May, 2021 06:26pm

Markets

SBP hopes to boost investment in Pakistan: Raza Baqir

As the third wave continues to disrupt economies worldwide, Pakistan’s economy has a lot going on in its favour this time, according to the Dr. Raza Baqir, Governor of the State Bank of Pakistan (SBP) in an online session with Nest I/O.
Dr. Raza Baqir explained how the country’s demographic profile, growing mobile penetration rate, and positive economic indicators, especially during the COVID-19 pandemic, have contributed to an increase in investments.

Published 01 May, 2021 10:34am

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 01 May, 2021 03:28am

Markets

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday

Published 01 May, 2021 03:28am

Business & Finance

Housing finance applications: SBP asks banks for system to monitor 30-day TAT

KARACHI: The State Bank of Pakistan (SBP) has asked banks to devise a system to monitor 30 days Turn Around Time...

Published 01 May, 2021 03:28am

Editorials

Gainers
Losers
Leaders

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	152.30
USD PKR Interbank Buying / May 7	152.20
USD to Japanese Yen / May 7	108.60
USD to Swiss Franc / May 7	0.90
Pound Sterling to USD / May 7	1.40
Euro to USD / May 7	1.22
UK LIBOR % / May 7	0.06

Stock	Volume
S&P 500 / May 7	4232.60
India Sensex / May 7	49206.47
Tokyo Nikkei / May 7	29357.82
Nasdaq / May 7	13752.24
Hang Seng / May 7	28610.65
FTSE 100 / May 7	7129.71
Dow Jones / May 7	34777.76
Germany DAX 30 / May 7	15399.65
France CAC40 / May 7	6385.51

Item	Value
Crude Oil / May 7	64.90
Karachi Cotton Assoc. / May 7	11300.00
Gold 10 Grams / May 7	89163.00
Gold Spot / May 7	1831.30
Cotton / May 7	89.66

SBP

State Bank of Pakistan conversion rates

Kibor interbank offered rates

Customs field formations directed

Reserves fall on external debt payment

Fitch seeks viewpoint on China’s future role in bilateral financing

SBP to clear businessmen’s cheques today

Sustainable development: Govt focusing on SMEs sector: Tarin

FPCCI appreciates Finance Minister for his vision of economic growth

Shamshad elected as first woman chairperson of PSX board

Monetary policy and SBP’s independence

Any rate hike may add to people’s misery

Renewable energy: Banks extend financing of around Rs36bn

Leading banks interested in acquiring Silkbank’s consumer accounts portfolio

Banks to remain open on Saturday

Bank Eid holidays

Pakistan’s exports to Holland increase 6.92pc to $830 million in 3 quarters

Banks to open on Saturday as SBP announces week long Eid holidays

SBP, PSX to remain close from 10-15 May

BOP and AIM sign agreement for promotion of low-cost housing

SBP decision on new notes welcomed

Pakistan’s exports to USA increase 14.81pc to $3563 million in 3 quarters

USA, UK, China top three destinations of Pakistani exports in 3 quarters

SBP hopes to boost investment in Pakistan: Raza Baqir

State Bank of Pakistan conversion rates

Kibor interbank offered rates

Housing finance applications: SBP asks banks for system to monitor 30-day TAT

A beaming RDA

Balance of payment (BoP) stability: Tapping expatriates only way in absence of export boost: PM

Forex reserves up $307m

Withdrawal of funds from public account of federation: Special assignment account procedure issued

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