Trends - SBP - Business Recorder

SBP

Publication on banking sector released: ‘Financial inclusion remains a challenge’

KARACHI: The financial inclusion remains a challenge for Pakistan with lower financial, women and rural inclusion...

Published 15 Jul, 2023 06:08am

Business & Finance

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December

Schedules 4 huddles during six-month period, with the first one of the new fiscal year on July 31

Published 14 Jul, 2023 10:42pm

Pakistan

After Saudi Arabia and UAE deposits, Pakistan expects another $2.6bn in financing: report

Pakistan will draw $5.6 billion in financing, Bloomberg News reported on Friday, an amount that includes inflows...

Updated 14 Jul, 2023 09:00pm

Markets

IMF delves into reasons behind ‘shorter’ programme with Pakistan

Nine-month Stand-By Arrangement provides time to implement policies critical to strengthening Pakistan's economic situation, says IMF’s Director of Strategic Communications Julie Kozack

Updated 14 Jul, 2023 08:59pm

Editorials

IMF SBA, finally

EDITORIAL: The International Monetary Fund (IMF) board approved the 3 billion dollar Stand-By Arrangement (SBA) to...

Published 14 Jul, 2023 06:38am

Pakistan

‘National Freelancing Policy’ drafted

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Freelancing...

Published 14 Jul, 2023 06:23am

PSDP: FD yet to notify strategy for release of funds

ISLAMABAD: Finance Division is yet to notify strategy for release of funds with regard to PSDP, interest payment,...

Updated 14 Jul, 2023 10:00am

Business & Finance

93pc of SMEs find availing bank financing cumbersome: CCP

ISLAMABAD: The Competition Commission of Pakistan’s (CCP) study revealed that 93 percent of the Small and Medium...

Published 14 Jul, 2023 06:22am

First tranche of SBA: IMF transfers $1.2bn to SBP account: Dar

ISLAMABAD: The International Monetary Fund (IMF) has transferred $1.2 billion to the State Bank of Pakistan (SBP) —...

Updated 14 Jul, 2023 09:14am

Steps to broaden tax base: FY24 budget advances primary surplus of 0.4pc of GDP: IMF

ISLAMABAD: The fiscal year 2024 budget advances a primary surplus of around 0.4 percent of GDP by taking some steps...

Updated 14 Jul, 2023 09:27am

Business & Finance

Forex reserves rise by $61m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) increased by $ 61 million to $...

Published 14 Jul, 2023 06:22am

Markets

SBP-held foreign exchange reserves rise $61mn, stand at $4.52bn

Receipts from IMF, Saudi Arabia, UAE to be reflected in next week’s data

Published 13 Jul, 2023 07:21pm

Pakistan

Interest-free loans to businessmen: PAC orders formation of body

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday ordered the formation of a committee comprising ...

Published 13 Jul, 2023 04:50am

Opinion

Finally, the IMF board approves bailout

It is indeed heartening to note that the Executive Board of International Monetary Fund (IMF) has accorded its...

Published 13 Jul, 2023 04:50am

Ministries, Divisions: Direct payment through SBP linked to prior approval

ISLAMABAD: Finance Division has barred all Ministries/ Divisions from direct payment through State Bank of Pakistan...

Updated 13 Jul, 2023 09:32am

Expectedly, IMF board approves $3bn 9-mth SBA

The Board’s approval allows for immediate disbursement of about US$1.2 billion

Updated 13 Jul, 2023 10:05am

UAE deposits $1bn to support forex reserves

ISLAMABAD: Pakistan has received deposits of $1 billion from the United Arab Emirates (UAE), Finance Minister Ishaq...

Updated 13 Jul, 2023 08:52am

Editorials

Import payments and dollar reserves

EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ...

Updated 13 Jul, 2023 05:11am

22pc interest rate inimical to business activities: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business...

Updated 13 Jul, 2023 10:33am

Pakistan

UAE has deposited $1bn in Pakistan’s central bank: Ishaq Dar

Finance minister says SBP-held foreign exchange reserves have gotten another boost after $2bn inflow from Saudi Arabia

Updated 12 Jul, 2023 07:57pm

Markets

Rupee inches higher, settles at 277.48 against US dollar

Currency appreciates 0.39% in inter-bank market

Updated 12 Jul, 2023 08:01pm

BR Research

SBP: hiding behind phantoms

Policy discourse must always make room for objective assessment of goals set, and results achieved.The primary...

Updated 12 Jul, 2023 12:20pm

Saudi deposits land just prior to key event

Pakistan receives deposits of $2 billion from Saudi Arabia

Updated 12 Jul, 2023 08:54am

Inward flows of dollars to create breathing space: ministry

ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of...

Updated 12 Jul, 2023 08:51am

Over 628 businessmen were beneficiaries in PTI govt: PAC disposes of issue of $3bn loans

ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday disposed of the issue of $3 billion worth of loans to over...

Updated 12 Jul, 2023 08:48am

Opinion

The ebb of external inflows

The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic...

Updated 11 Jul, 2023 06:37am

Business & Finance

Finalisation of GDs’ assessment without valid EIF stopped

ISLAMABAD: The Federal Board of Revenue (FBR) has restrained the Customs field formations from the finalisation of...

Published 11 Jul, 2023 06:08am

Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official

Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production

Updated 11 Jul, 2023 09:06am

Rs69.5bn money laundering unearthed in solar panel imports

KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered massive money laundering in the solar...

Updated 11 Jul, 2023 09:51am

Markets

Pakistan’s remittances stand at $2.2bn in June, 3.9% higher month-on-month

Cumulatively, at $27bn, remittances decrease 13.6% during FY23 as compared to FY22

Updated 10 Jul, 2023 06:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	278.32
USD PKR Interbank Buying / Apr 15	277.12
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
FTSE 100 / Apr 15	7965.53
Dow Jones / Apr 15	37735.11
Germany DAX 30 / Apr 15	18026.58
France CAC40 / Apr 15	8045.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Gold 10 Grams PKR / Apr 9	212277
Crude Oil USD/Barrel / Apr 16	85.94
Gold Spot USD/Ounce / Apr 16	2387.66

Gainers
Losers
Leaders

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

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

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

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