Trends - trade deficit - Business Recorder

trade deficit

91pc of merchandise trade deficit financed by remittances in 10 years: SBP

LAHORE: Acting Governor of the State Bank of Pakistan Dr Murtaza Syed on Thursday said that over the past 10 years,...

Updated 01 Jul, 2022 11:14am

Business & Finance

‘Containers stuck at ports causing huge demurrage dues’

LAHORE: While appreciating ban on luxury items to control trade deficit, President of the Lahore Chamber of Commerce...

Updated 29 Jun, 2022 10:33am

July-May period: C/A deficit crosses $15bn mark

KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this...

Updated 29 Jun, 2022 09:50am

Business & Finance

Businessmen strongly react to supertax on large-scale industries

FPCCI former president says the unwise decision will push Pakistan further into an economic crisis

Updated 26 Jun, 2022 09:08am

Exports up 27.89pc: Jul-May imports soar 44.51pc to $72.297bn YoY

Imports in May 2022 were $6.777 billion as compared to $6.661 billion in April
Exports during May 2022 were $2.626 billion as compared to $2.897 billion in April

Updated 17 Jun, 2022 10:45am

Business & Finance

Turkey’s C/A deficit seen at $2.9bn in April

ISTANBUL: Turkey’s current account is expected to record a deficit of $2.85 billion in April and end the year with a...

Published 13 Jun, 2022 11:20am

Business & Finance

Inflows of remittances post over 6pc growth

KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year...

Published 11 Jun, 2022 06:14am

Survey lists factors behind mammoth trade deficit

ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global...

Updated 10 Jun, 2022 09:34am

Editorials

APCC data

EDITORIAL: The Working Paper for the Annual Plan Coordination Committee (APCC) meeting acknowledged that the...

Published 08 Jun, 2022 06:19am

Business & Finance

Mian Zahid for banning more items from import

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 03 Jun, 2022 07:18am

Opinion

FY23 budget: some new avenues

Pakistan is currently facing a series of challenges. The coalition government, led by Shehbaz Sharif, is trying to...

Published 03 Jun, 2022 05:56am

July-May trade deficit widens 57.85pc to $43.334bn YoY

ISLAMABAD: Trade deficit widened by 57.85 per cent during the first 11 months (July-May) of the current fiscal year...

Updated 03 Jun, 2022 10:15am

Editorials

The IMF shock amid royal benevolence

EDITORIAL: Saudi Arabia’s Minister of Finance Mohammad al-Jadaan, on the sidelines of World Economic Forum being...

Published 26 May, 2022 05:26am

Ban on import of certain items: Decision taken to ease pressure on BoP, Senate body told

ISLAMABAD: Secretary Commerce Sualeh Ahmad Faruqui conceded on Tuesday that his opinion on the list of items whose...

Updated 25 May, 2022 09:44am

Editorials

An MPS amid growing economic distress

EDITORIAL: The Monetary Policy Committee (MPC) met on 23 May as earlier scheduled under the chairmanship of Acting...

Published 25 May, 2022 04:40am

Business & Finance

Trade deficit stands at $43.3bn, NA told

ISLAMABAD: Minister for Water Resources Syed Khursheed Shah on Monday said there is a huge difference between the...

Published 24 May, 2022 05:35am

Business & Finance

South Korea May 1-20 exports rise 24.1% y/y, trade deficit at $4.8bn

SEOUL: South Korea’s exports for the first 20 days of May jumped 24.1% year-on-year, while imports increased at a...

Published 23 May, 2022 10:52am

Opinion

Addressing the mountain of debt

Sustainable economic growth requires identifying gaps, devising effective policies and working towards consistent...

Published 19 May, 2022 05:29am

Business & Finance

Trade deficit of $1.4bn with S Korea worries FPCCI chief

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has...

Published 18 May, 2022 06:59am

Markets

PKR loses 3.1pc

KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ...

Published 16 May, 2022 05:42am

Jul-Apr exports grow 25.55pc to $26.25bn YoY

Country’s trade deficit widens by 64.90 percent from $23.826 billion in July-April 2020-21 to $39.290 billion in July-April 2021-22

Updated 15 May, 2022 12:14pm

Business & Finance

Economy cannot sustain current level of trade deficit: FPCCI

KARACHI: President FPCCI, Irfan Iqbal Sheikh said that the economy cannot sustain the current level of trade ...

Published 10 May, 2022 06:20am

Business & Finance

Jul-Mar services’ exports grow 17.07pc to $5.15bn YoY

ISLAMABAD: The exports of services from the country witnessed an increase of 17.07 percent during the first three...

Published 08 May, 2022 07:06am

Business & Finance

FPCCI urges govt to declare ‘economic emergency’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to...

Published 07 May, 2022 05:46am

World

US goods trade deficit hits record high; inventories rise

WASHINGTON: The US trade deficit in goods widened to a record high in March amid a broad surge in imports,...

Published 27 Apr, 2022 08:36pm

Opinion

Growth in imports

The information on the composition of imports from July 21 to March 22 was released recently by the Pakistan Bureau...

Published 26 Apr, 2022 05:20am

Editorials

Miftah wouldn’t come back empty-handed

EDITORIAL: The statement issued by the new International Monetary Fund (IMF) mission chief for the ongoing Extended...

Published 26 Apr, 2022 05:20am

Jul-Mar imports soar 49.10pc to $58.877bn YoY

Trade deficit widens by 70.76 percent from $20.802 billion in July-March 2020-21 to $35.522 billion in July-March 2021-22

Updated 17 Apr, 2022 12:57pm

Business & Finance

FPCCI chief highlights huge trade deficit with Morocco

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry Irfan Iqbal Sheikh has stressed...

Published 12 Apr, 2022 05:17am

Business & Finance

Saarc chamber president concerned at political upheaval, rupee depreciation

LAHORE: President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Wednesday expressing his grave ...

Published 07 Apr, 2022 05:15am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 1 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Ashfaq Textile / Jul 1 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	5.50 ▲ 0.55 (11.11%)
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 1 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Agritech Limited / Jul 1 Agritech Limited(AGL)	7.19 ▲ 0.54 (8.12%)
Kohinoor Spining / Jul 1 Kohinoor Spinning Mills Limited(KOSM)	3.47 ▲ 0.25 (7.76%)
Sanofi-Aventis / Jul 1 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 1 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 1 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)

Stock	Price
F.Treet Manuf / Jul 1 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 1 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 1 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 1 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 1 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 1 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 1 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 1 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
B.R.R.Guardian / Jul 1 B.R.R. Guardian Modaraba(BRR)	10.00 ▲ -0.49 (-4.67%)
Pervez Ahmed Co / Jul 1 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ -0.04 (-4.65%)

Stock	Volume
Agritech Limited / Jul 1 Agritech Limited(AGL)	9,134,500 ▼ 0.00
Yousuf Weaving / Jul 1 Yousaf Weaving Mills Limited(YOUW)	4,794,500 ▼ 0.00
Kohinoor Spining / Jul 1 Kohinoor Spinning Mills Limited(KOSM)	4,374,000 ▼ 0.00
Azgard Nine / Jul 1 Azgard Nine Limited(ANL)	4,033,500 ▼ 0.00
Sui North Gas / Jul 1 Sui Northern Gas Pipelines Limited(SNGP)	2,310,673 ▼ 0.00
TPL Properties / Jul 1 TPL Properties Limited(TPLP)	1,904,364 ▼ 0.00
G3 Technologies / Jul 1 G3 Technologies Limited(GTECH)	1,741,000 ▼ 0.00
Pak Refinery / Jul 1 Pakistan Refinery Limited(PRL)	1,356,309 ▼ 0.00
Engro Fert. / Jul 1 Engro Fertilizers Limited(EFERT)	1,333,259 ▼ 0.00
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	1,314,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jun 30	135.30
USD to Swiss Franc / Jun 30	0.96
Pound Sterling to USD / Jun 30	1.21
Euro to USD / Jun 30	1.05
UK LIBOR % / Jun 30	1.57

Stock	Volume
S&P 500 / Jun 30	3785.38
India Sensex / Jun 30	53018.94
Tokyo Nikkei / Jun 30	26186.80
Nasdaq / Jun 30	11028.73
Hang Seng / Jun 30	21859.79
FTSE 100 / Jun 30	7169.28
Dow Jones / Jun 30	30775.43
Germany DAX 30 / Jun 30	12783.77
France CAC40 / Jun 30	5922.86

Item	Value
Crude Oil USD/Barrel / Jun 30	106.11
Karachi Cotton PKR/37.32 KG / Jun 30	18180.00
Gold 10 Grams PKR / Jun 30	120000.00
Gold Spot USD/Ounce / Jun 30	1805.60
Cotton US¢/pound / Jun 30	97.14

trade deficit

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