Trends - SBP - Business Recorder

SBP

Export Finance Scheme: SBP announces increase in markup rate

Following the policy rate hike, the State Bank of Pakistan (SBP) on Monday announced an increase in the markup rate...

Published 23 May, 2022 06:45pm

Business & Finance

Experts react as SBP jacks up key interest rate

Action on the fiscal side by the government would decide future course

Published 23 May, 2022 05:57pm

Business & Finance

National Savings integrates with SBP’s Raast

Customers of CDNS can receive their payments directly into their bank accounts without going to branches, says central bank

Published 23 May, 2022 03:42pm

Business & Finance

SBP raises key interest rate by 150 basis points, takes it to 13.75%

This is the highest interest-rate level in 11 years
SBP says external pressures remain elevated and inflation outlook has deteriorated due to both home-grown and international factors

Updated 23 May, 2022 09:48pm

Opinion

Economy needs a rate cut

Last week, the cut-off yield of PIBs and T/bills was mostly lower. It moved down by about 15 basis points to 50 ...

Published 23 May, 2022 06:15am

Opinion

Govt still clueless

There is total confusion and indecisiveness. When the Pakistan Democratic Movement (PDM) was formed the government,...

Updated 23 May, 2022 09:50am

Business & Finance

SECP releases annual report for FY 2020-21

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has released its annual report for the fiscal...

Published 22 May, 2022 06:03am

ADs must take permission from FEOD before import deals: SBP

**KARACHI: The State Bank of Pakistan (SBP) Thursday said that Authorized Dealers, with immediate effect, shall seek...

Published 21 May, 2022 04:34am

MPS on Monday

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, May 23, 2022 at SBP...

Updated 21 May, 2022 10:49am

Editorials

Appointment of SBP governor brooks no delay

EDITORIAL: The previous Governor State Bank of Pakistan Dr Reza Baqir’s term expired on 4 May 2022 and the same ...

Published 21 May, 2022 04:34am

Business & Finance

LCCI urges govt to take measures to arrest dollar flight

LAHORE: The Lahore Chamber of Commerce and Industry Friday urged the government to take immediate measures to arrest...

Published 21 May, 2022 04:34am

Business & Finance

Jul-April FDI falls 1.6% year-on-year to $1.46bn

Although Chinese investment in the country has declined sharply, China is still the largest investing county

Published 20 May, 2022 11:23am

Business & Finance

Forex reserves decrease by $145m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $145 million to...

Published 20 May, 2022 06:00am

Pakistan

CGPA organises dialogue on access to finance for SMEs

PESHAWAR: Centre for Governance & Public Accountability (CGPA) in collaboration with Small & Medium...

Published 20 May, 2022 05:15am

Pakistan

Family-owned businesses need corporatisation: Ishrat

FAISALABAD: Family-owned businesses must adopt corporatisation for sustained growth in addition to accelerating the...

Published 20 May, 2022 05:15am

April CA deficit dips 39pc to $623m MoM

KARACHI: The country’s current account deficit sharply declined by 39 percent during the month of April 2022,...

Updated 20 May, 2022 11:44am

Business & Finance

Telecom sector needs to upgrade infrastructure, says minister

ISLAMABAD: Federal Minister for Information Technology and Telecommunications Syed Aminul Haque has said that the...

Published 20 May, 2022 05:15am

Markets

SBP-held foreign exchange reserves plummet by $145mn to $10.16bn

Total liquid foreign reserves stood at $16.16 billion as of May 13

Published 19 May, 2022 10:00pm

Markets

All-time low: Rupee closes at 200 in inter-bank trading for first time against US dollar

Investors concerned about government's inability to implement IMF conditions related to revival of stalled $6 billion EFF programme

Updated 19 May, 2022 08:02pm

Opinion

Won’t be long before default is on the table

SBP (State Bank of Pakistan) has no choice but to raise the interest rate, most likely by another 100 basis points,...

Published 19 May, 2022 05:29am

Govt seeks more SDRs from IMF to propel economy

Minister for Finance Miftah Ismail holds virtual meeting with IMF Mission Chief Nathan Porter

Updated 19 May, 2022 10:32am

Business & Finance

Illegal offshore FX websites: SBP stops banks from making payments

KARACHI: The State Bank of Pakistan (SBP) Wednesday prohibited the banks for payment to illegal offshore foreign...

Published 19 May, 2022 05:29am

Editorials

The way forward

EDITORIAL: The senior leadership of the eleven parties’ coalition met under the chairmanship of Prime Minister...

Published 19 May, 2022 05:29am

Business & Finance

PYMA concerned over depreciation of PKR

KARACHI: Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA), Muhammad Junaid Teli, Vice Chairman, ...

Published 19 May, 2022 05:29am

Business & Finance

SBP, IFC join hands to promote agri finance through EWRF

KARACHI: Deputy Governor State Bank of Pakistan (SBP) Sima Kamil while addressing a two-day specialised training...

Published 19 May, 2022 05:29am

Markets

OctaFx, Easy Forex: SBP issues advisory against 'illegal offshore foreign exchange trading platforms'

Any person in Pakistan buying products or services of such offshore platforms and remitting foreign exchange directly or indirectly to them through any payment channel is making himself/herself liable to be proceeded against, warns SBP

Published 18 May, 2022 07:54pm

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

PM concerned at PKR slide

KARACHI: The Prime Minister Shehbaz Sharif has expressed serious concern over the continued slide of Pak Rupee...

Updated 17 May, 2022 09:55am

Editorials

Inaction is not an option

EDITORIAL: With the passage of time it is becoming increasingly clear that the strategy of the eleven plus ...

Published 17 May, 2022 05:39am

Business & Finance

Over 10mn customers sign up for SBP’s Raast payment service

The aggregate value of P2P transactions on Raast has crossed Rs36 billion

Published 16 May, 2022 05:59pm

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jul 6 Tri-Star Power Limited(TSPL)	4.70 ▲ 1.00 (27.03%)
F.Credit & Inv / Jul 6 First Credit and Investment Bank Limited(FCIBL)	5.51 ▲ 1.00 (22.17%)
SME Leasing Ltd / Jul 6 SME Leasing Limited(SLL)	2.18 ▲ 0.33 (17.84%)
Kohinoor Power / Jul 6 Kohinoor Power Company Limited(KOHP)	4.36 ▲ 0.59 (15.65%)
S.G.Power / Jul 6 S.G. Power Limited(SGPL)	5.30 ▲ 0.67 (14.47%)
Dewan Sugar / Jul 6 Dewan Sugar Mills Limited(DWSM)	2.49 ▲ 0.24 (10.67%)
Unicap Modaraba / Jul 6 Unicap Modaraba(UCAPM)	1.75 ▲ 0.16 (10.06%)
Land Mark Spinning / Jul 6 Landmark Spinning Industries Limited(LMSM)	13.00 ▲ 1.00 (8.33%)
Balochistan Glass / Jul 6 Balochistan Glass Limited(BGL)	9.05 ▲ 0.66 (7.87%)
Mod.Al-Mali / Jul 6 Modaraba Al-Mali(MODAM)	6.90 ▲ 0.50 (7.81%)

Stock	Price
First Fidelity Leas. / Jul 6 First Fidelity Leasing Modaraba(FFLM)	2.51 ▲ -0.86 (-25.52%)
Tri-Star Mutual / Jul 6 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ -1.00 (-17.09%)
Zephyr Textile / Jul 6 Zephyr Textiles Limited(ZTL)	10.00 ▲ -0.90 (-8.26%)
AKD Hospitality / Jul 6 AKD Hospitality Limited(AKDHL)	163.77 ▲ -13.27 (-7.50%)
K.S.B.Pumps / Jul 6 KSB Pumps Company Limited(KSBP)	130.74 ▲ -10.60 (-7.50%)
Punjab Oil / Jul 6 Punjab Oil Mills Limited(POML)	172.84 ▲ -14.01 (-7.50%)
TPL Insurance / Jul 6 TPL Insurance Limited(TPLI)	30.60 ▲ -2.47 (-7.47%)
Mehmood Tex / Jul 6 Mehmood Textile Mills Limited(MEHT)	840.00 ▲ -60.00 (-6.67%)
Reliance Weaving / Jul 6 Reliance Weaving Mills Limited(REWM)	63.50 ▲ -4.45 (-6.55%)
Bawany Air Products / Jul 6 Bawany Air Products Limited(BAPL)	8.85 ▲ -0.60 (-6.35%)

Stock	Volume
Agritech Limited / Jul 6 Agritech Limited(AGL)	25,038,000 ▼ 0.00
Unity Foods Ltd / Jul 6 Unity Foods Limited(UNITY)	5,378,891 ▼ 0.00
Azgard Nine / Jul 6 Azgard Nine Limited(ANL)	3,598,000 ▼ 0.00
Lotte Chemical / Jul 6 Lotte Chemical Pakistan Limited(LOTCHEM)	3,183,254 ▼ 0.00
Sui North Gas / Jul 6 Sui Northern Gas Pipelines Limited(SNGP)	2,727,149 ▼ 0.00
WorldCall Telecom / Jul 6 Worldcall Telecom Limited(WTL)	2,601,000 ▼ 0.00
Pak Refinery / Jul 6 Pakistan Refinery Limited(PRL)	2,597,652 ▼ 0.00
Fauji Cement / Jul 6 Fauji Cement Company Limited(FCCL)	2,144,000 ▼ 0.00
TPL Properties / Jul 6 TPL Properties Limited(TPLP)	1,949,194 ▼ 0.00
G3 Technologies / Jul 6 G3 Technologies Limited(GTECH)	1,916,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	206.90
USD PKR Interbank Buying / Jul 5	206.70
USD to Japanese Yen / Jul 5	135.24
USD to Swiss Franc / Jul 5	0.97
Pound Sterling to USD / Jul 5	1.20
Euro to USD / Jul 5	1.03
UK LIBOR % / Jul 5	1.57

Stock	Volume
S&P 500 / Jul 5	3831.39
India Sensex / Jul 5	53134.35
Tokyo Nikkei / Jul 5	26077.04
Nasdaq / Jul 5	11322.24
Hang Seng / Jul 5	21621.01
FTSE 100 / Jul 5	7025.47
Dow Jones / Jul 5	30967.82
Germany DAX 30 / Jul 5	12401.20
France CAC40 / Jul 5	5794.96

Item	Value
Crude Oil USD/Barrel / Jul 5	100.33
Karachi Cotton PKR/37.32 KG / Jul 5	16680.00
Gold 10 Grams PKR / Jul 5	118800.00
Gold Spot USD/Ounce / Jul 5	1770.30
Cotton US¢/pound / Jul 5	93.42

SBP

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