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USD

PSX witnesses bullish trend

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on August 06, 2022 on the...

Published 08 Aug, 2022 05:41am

Country a net importer, says Miftah somberly

KARACHI: Federal Minister for Finance and Revenue Miftah Ismail has said that the federal government had made tough...

Updated 07 Aug, 2022 01:12pm

Business & Finance

Jazz’s revenue drops 12.1pc in USD terms in Q2

ISLAMABAD: Despite a 11.1 percent year-on-year (YoY) growth in overall revenues in local currency, Jazz’s revenue...

Published 05 Aug, 2022 07:30am

Markets

PSX stages smart rally

KARACHI: Pakistan Stock Exchange Wednesday witnessed a bull-run after clarity over the IMF program resumption that...

Published 04 Aug, 2022 05:43am

Business & Finance

SBP initiates strict monitoring of forex operations

KARACHI: In order to control the volatility in the exchange rate, the State Bank of Pakistan (SBP) has initiated...

Updated 04 Aug, 2022 10:36am

Opinion

Exchange rate volatility and exports

The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is...

Published 03 Aug, 2022 05:50am

Business entities incorporated abroad: SBP introduces two separate categories of forex, PKR accounts

KARACHI: In order to facilitate the business entities incorporated abroad with majority shareholding of non-resident...

Updated 03 Aug, 2022 10:04am

Business & Finance

IK calls for imposition of emergency to arrest PKR slide

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Monday called for imposition of emergency in the...

Updated 02 Aug, 2022 10:17am

Editorials

Economy: light at the end of the tunnel?

EDITORIAL: The federal ministry of finance has uploaded the Monthly Economic Update for July on its website which...

Published 01 Aug, 2022 06:51am

Markets

PKR declines 4.6pc last week, 14.5pc in July

KARACHI: The rupee’s great fall continued as it lost a further 4.6% in the inter-bank market during the previous...

Published 01 Aug, 2022 05:54am

July import ebb to help arrest PKR slide: Miftah

Says that the Pakistani rupee, which has taken a beating against the US dollar in recent weeks, should see some improvement in 'two weeks'

Updated 01 Aug, 2022 09:50am

Pakistan

Dollar’s value to be below Rs200 after IMF deal: Ahsan

LAHORE: Terming appreciation in the dollars’ worth against Pak rupee as ‘artificial and speculative’, Federal...

Updated 31 Jul, 2022 09:58am

Markets

Weekly Cotton Review: Rate jumps after appreciation in dollar value

KARACHI: Extraordinary increase in spot rate by Rs 3500 per maund was reported. Ginners and spinners are worried...

Published 25 Jul, 2022 07:09am

Markets

PKR loses 7.6pc

KARACHI: The rupee lost 7.6 percent to the US dollar during the previous week, more than what businesses tend to ...

Published 25 Jul, 2022 06:12am

Opinion

A reality check on country’s fiscal status

The whole of the past week witnessed massive hammering of rupee (PKR) vis-à-vis the US dollar in the currency...

Published 23 Jul, 2022 04:10am

Demand for dollar to ebb: Miftah

Says exchange rate situation will reverse

Updated 22 Jul, 2022 09:05am

Opinion

Is sovereign default inevitable? – III

This third part of this series of articles discusses, among other things, the subject of services imports. As usual,...

Updated 21 Jul, 2022 02:58pm

PKR slide vs USD: Nepra indicates more hike in power tariffs

Rupee plunges to Rs225 dollar against NEPRA's estimate of Rs200

Updated 21 Jul, 2022 09:24am

Miftah attributes PKR slide to grim political situation

Finance minister says there is no pressure on rupee from economic indicators

Updated 21 Jul, 2022 09:33am

India central bank says prepared to defend rupee against rapid depreciation

Shares plan to sell a sixth of its foreign exchange reserves to fulfil the aim

Updated 21 Jul, 2022 09:43am

Editorials

The woeful PKR slide

EDITORIAL: The loss of 6.79 rupees to the dollar in one day has sent shock waves not only amongst the economic team...

Published 21 Jul, 2022 05:40am

PKR slide: govt censured by Imran

PTI chairman says economic meltdown shows Sharifs never had any expertise in running economy

Updated 20 Jul, 2022 09:09am

Business & Finance

PTCL Group posts 5.7pc revenue growth in first half of 2022

KARACHI: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services...

Published 19 Jul, 2022 06:00am

Markets

PKR declines 1.4pc during shortened week

KARACHI: The rupee depreciated 1.4 percent during a shortened previous week even as the International Monetary Fund...

Published 18 Jul, 2022 06:22am

Opinion

Is sovereign default inevitable? – II

The first Prime Minister of India, Pandit Jawaharlal Nehru, said the following on the occasion of abolition of...

Updated 14 Jul, 2022 06:28am

Opinion

Govt policy still shrouded in mist

This is apropos a Business Recorder editorial “PM’s ‘strategic roadmap’” carried by the newspaper on...

Published 06 Jul, 2022 05:35am

Markets

PKR makes gains

KARACHI: The rupee ended the previous week with a 1.3% gain against the US dollar in the inter-bank market as...

Published 04 Jul, 2022 06:17am

Business & Finance

‘Rising inflation resulting in great hardship for people’

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

Published 03 Jul, 2022 07:10am

Markets

PSX snaps losing streak

KARACHI: Pakistan Stock Exchange Thursday closed on strong positive note on the last day of the financial year...

Published 01 Jul, 2022 06:13am

Editorials

Widening C/A deficit

EDITORIAL: The current account deficit for the first 11 months of the current year has risen to 15.2 billion dollars...

Updated 30 Jun, 2022 06:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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