Trends - SBP - Business Recorder

SBP

PBF slams unprecedented hike in USD value within one day

LAHORE: The Pakistan Business Forum (PBF) has rejected the “artificial” and unprecedented increase in USD value...

Published 27 Jan, 2023 07:20am

Opinion

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any...

Updated 27 Jan, 2023 07:57am

Business & Finance

Freight forwarders/consolidators: Forex manual for remittance of freight charges amended

KARACHI: The State Bank of Pakistan (SBP) has amended the Foreign Exchange Manual (FEM) for remittance of freight...

Published 27 Jan, 2023 06:15am

Business & Finance

Forex reserves plunge by about $1bn

KARACHI: The crisis of foreign exchange reserves has further escalated as the country’s total liquid forex reserves...

Published 27 Jan, 2023 06:15am

Business & Finance

Declarations made by civil servants in BS 17-22: FBR issues procedure for sharing info with banks

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a detailed procedure for sharing of information between the...

Published 27 Jan, 2023 06:15am

Business & Finance

BIT with Hungary likely next month

ISLAMABAD: Pakistan and Hungary are likely to finalise Bilateral Investment Treaty (BIT) next month during the visit...

Published 27 Jan, 2023 06:15am

Pakistan

PKR fall to set off huge economic ‘crisis’: PTI

ISLAMABAD: Accusing Finance Minister Ishaq Dar for the drastic decline of the rupee vis-à-vis the US dollar,...

Updated 27 Jan, 2023 09:06am

ECC approves revised conditions for sugar export

ISLAMABAD: The meeting of the Economic Coordination Committee (ECC) of the Cabinet has revised conditions regarding...

Updated 27 Jan, 2023 09:06am

Editorials

Currencies: criticality of course correction

EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only...

Published 27 Jan, 2023 06:15am

Markets

Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn

Liquid foreign reserves held by the country now stand at $9.5bn

Updated 26 Jan, 2023 08:35pm

Opinion

The Saudi snub, and after…

The prime minister’s decision to do whatever was needed to complete the 9th review of the stalled IMF programme ...

Updated 26 Jan, 2023 06:19am

Business & Finance

UK to increase trade, investment in Pakistan, says British diplomat

LAHORE: Deputy High Commissioner and Trade Director for Pakistan Sarah Mooney has said UK is working to increase...

Published 26 Jan, 2023 05:58am

Govt to launch crackdown on ghee manufacturers

ISLAMABAD: The government is likely to launch crackdown on ghee manufacturers for not passing on the impact of lower...

Updated 26 Jan, 2023 09:14am

SBP officials, ECAP leaders discuss USD supply

KARACHI: The State Bank of Pakistan (SBP) has assured dollar supply against export of other currencies to exchange...

Updated 26 Jan, 2023 10:46am

Imran vows to seek IMF’s help after winning elections

LAHORE: Former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said if he came into power in the...

Published 26 Jan, 2023 05:58am

Business & Finance

Shipping forwarders, cos increase charges

LAHORE: Shipping forwarders as well as companies have increased their charges exorbitantly, adding insult to the...

Published 25 Jan, 2023 07:11am

Business & Finance

SBP notifies increased rates of return on NPC

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has notified increase...

Published 25 Jan, 2023 07:07am

Opinion

PARTLY FACETIOUS: The difference between letter and spirit

“I have decided to vote for The Khan.” “You have repeatedly told me you are a swing voter but what made you...

Published 25 Jan, 2023 06:25am

Opinion

Understanding the present crisis

Understanding the problem is half the solution. This article spells out the top three problems that constitute the...

Updated 25 Jan, 2023 11:04am

Opinion

The darkness deepens

They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in...

Published 25 Jan, 2023 06:25am

Business & Finance

FPCCI assails hike in key policy rate

KARACHI: Irfan Iqbal Sheikh, the president of FPCCI, has expressed his profound disappointment and concern over an...

Published 25 Jan, 2023 06:25am

PM acquiesces to IMF demands to unlock loan?

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday said the International Monetary Fund (IMF) has been given a clear...

Updated 25 Jan, 2023 08:50am

ECs lift cap on dollar rate

KARACHI: The Exchange Companies Association of Pakistan (ECAP) has announced removal of price cap on exchange rate...

Updated 25 Jan, 2023 08:51am

Editorials

Policy rate hiked to 17pc: will it work?

EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel...

Published 25 Jan, 2023 06:25am

Business & Finance

Pakistan wants to complete 9th IMF review without any delay: PM Shehbaz

Premier says government has conveyed to the IMF that Pakistan will incorporate all its prior conditions to completing the 9th review

Updated 24 Jan, 2023 08:44pm

Markets

25th consecutive decline: rupee depreciates against US dollar

Currency loses Re0.25 to close at 230.40 in inter-bank market

Updated 24 Jan, 2023 06:43pm

Markets

KSE-100 rallies over 600 points after MPC announcement

Benchmark index rises 1.59% to move past 39,000 level as bulls take charge of the bourse

Updated 24 Jan, 2023 08:42pm

BR Research

MPS: Need more hawks

SBP increased the policy rate by 1 percent to 17 percent seeing entrenched inflation expectations and sharp and...

Published 24 Jan, 2023 09:56am

Business & Finance

Importers, clearing agents welcome SBP initiative

LAHORE: Importers and clearing agents have welcomed State Bank of Pakistan (SBP) advice to banks for providing a...

Published 24 Jan, 2023 07:51am

Business & Finance

Containers stuck at ports: FPCCI chief lauds SBP’s step

LAHORE: Irfan Iqbal Sheikh, President FPCCI, has welcomed SBP’s policy decision on Monday to allow clearance of...

Published 24 Jan, 2023 07:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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