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Coronavirus
VERY HIGH
Pakistan Deaths
15,982 ▲
11024hr
Pakistan Cases
745,182 ▲
536424hr
Sindh
270,963
Punjab
261,173
Balochistan
20,662
Islamabad
68,665
KPK
103,419
Business Recorder Logo
Apr 17, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

World

Currency Rate
USD PKR Interbank Selling / Apr 16
152.80
USD PKR Interbank Buying / Apr 16
152.70
USD to Japanese Yen / Apr 16
108.80
USD to Swiss Franc / Apr 16
0.92
Pound Sterling to USD / Apr 16
1.38
Euro to USD / Apr 16
1.20
UK LIBOR % / Apr 16
0.07
Stock Volume
S&P 500 / Apr 16
4185.47
India Sensex / Apr 16
48832.03
Tokyo Nikkei / Apr 16
29683.37
Nasdaq / Apr 16
14052.34
Hang Seng / Apr 16
28969.71
FTSE 100 / Apr 16
7019.53
Dow Jones / Apr 16
34200.67
Germany DAX 30 / Apr 16
15459.75
France CAC40 / Apr 16
6287.07
Item Value
Crude Oil / Apr 16
63.13
Karachi Cotton Assoc. / Apr 16
10800.00
Gold 10 Grams / Apr 16
94564.00
Gold Spot / Apr 16
1780.20
Cotton / Apr 16
85.03

Africa

ASIA

Europe

Italy's Draghi expects economy to jump, looks to bet on ‘good debt’

Italy's Draghi expects economy to jump, looks to bet on ‘good debt’
  • "We will have a very strong economic rebound in the coming months and will then have to settle on a path, on a level of growth, that will allow us to free ourselves of the high debt," Draghi told a news conference.
  • "We are issuing and will (continue to) issue debt. The point is that this debt must be invested well ... it is a bet on good debt," he said.

Middle East

IMF calls for ‘strong’ fiscal consolidation in Kuwait

IMF calls for ‘strong’ fiscal consolidation in Kuwait

  • The Gulf state's economy shrank by 8% last year, the Fund said in a statement on Thursday, adding that the country's fiscal balance worsened significantly year-on-year.
  • The IMF expects a gradual recovery and said that, as the recovery firms up, "strong fiscal consolidation and structural reforms would be needed to preserve fiscal buffers and strengthen growth."

USA

Biden administration to invest $1.7bn to fight COVID-19 variants

Biden administration to invest $1.7bn to fight COVID-19 variants
  • "The original strain of COVID-19 comprises only about half of all cases in America today. New and potentially dangerous strains of the virus make up the other half," the White House said in a statement.
  • The White House also offered a state-by-state breakdown of the funds with California receiving over $17 million, Texas over $15 million and Florida over $12 million.

US panel to meet again next week to discuss pause on J&J's COVID-19 shot

US panel to meet again next week to discuss pause on J&J's COVID-19 shot
  • The US Centers for Disease Control and Prevention (CDC) advisory panel will meet on April 23, according to a notice posted on the regulator's website.
  • US health regulators recommended earlier this week that use of the J&J vaccine be paused after reports of six cases of rare brain blood clots in women.

South Asia

Delhi COVID-19 cemetery running low on space as deaths mount

Delhi COVID-19 cemetery running low on space as deaths mount
  • "You told me not to go outside but I didn't listen," he cries. "It's my fault," he shouts over and over. "I'm sorry."
  • On Thursday, a steady stream of ambulances arrived at the Jadid Qabristan cemetery on the outskirts of the ancient walled city, where a vast patch of wasteground was turned into a COVID-19 burial ground last year.