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foreign exchange

Oily matters – I

Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been...

Published 08 Dec, 2022 06:10am

Vegetables: 400 containers stuck at seaport: PFVA

KARACHI: Over 400 containers of imported vegetables are stuck at seaport due to non-availability of foreign ...

Updated 07 Dec, 2022 09:50am

KSA extends term for $3bn deposit in SBP

KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to...

Published 03 Dec, 2022 06:30am

Business & Finance

Saudi Arabia extends term of $3bn deposit: SBP

SBP says extension is continuation of support provided by Saudi Arabia to Pakistan

Updated 02 Dec, 2022 08:46pm

Markets

Rupee remains stable at 223.95 against US dollar

The currency faced minor fluctuations throughout the trading session

Updated 29 Nov, 2022 09:16pm

Business & Finance

BMP urges govt to ‘rescue’ economy, as currency crisis deepens

LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce & Industry has asked the...

Published 28 Nov, 2022 05:48am

Business & Finance

Payments to Google: SBP rejects allegations

KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the...

Updated 27 Nov, 2022 09:43am

Opinion

Maritime sector

Even after 75 years since its creation, Pakistan has never paid its utmost attention to its maritime sector. The ...

Published 23 Nov, 2022 05:55am

Business & Finance

Rouble holds between 60-61 vs dollar

MOSCOW: The Russian rouble traded in a narrow range against the dollar on Friday, weighed down by oil prices...

Published 21 Nov, 2022 05:59am

Editorials

Dip in remittances

EDITORIAL: Remittance inflows, a desired form of inflows like exports, declined to 9,900.5 million dollars...

Published 18 Nov, 2022 05:53am

Markets

Pakistan’s perceived default risk worsens 'owing to IMF uncertainty'

Expert says CDS would normalise after inflows from friendly countries and global lender are realised

Updated 16 Nov, 2022 06:26pm

Markets

Rupee's appreciation run ends, settles at 221.64 against US dollar

Currency loses 0.1% in inter-bank market

Updated 11 Nov, 2022 06:40pm

Pakistan

SBP, FIA team up to take action against illegal forex operators

KARACHI: The State Bank of Pakistan (SBP) and Federal Investigation Agency (FIA) have decided to take joint action...

Published 09 Nov, 2022 03:41am

SBP takes big step to contain forex outflow

KARACHI: In a major move to contain the outflow of foreign exchange from the country, the State Bank of Pakistan...

Updated 09 Nov, 2022 09:35am

OICCI members: FBR urged to clear Rs80bn refunds

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of...

Updated 02 Nov, 2022 09:42am

Business & Finance

Storage facilities for agri commodities: SBP urged to incentivise private banks to increase lending

ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended to the State Bank of Pakistan (SBP) to...

Published 18 Oct, 2022 06:02am

Pakistan

APTMA concerned over arrest of Hamid Zaman

LAHORE: All Pakistan Textile Mills Association (APTMA) has expressed deep grief and concerns over the arrest of its...

Published 11 Oct, 2022 05:54am

SBP to complete probe soon into alleged FX manipulation

KARACHI: Central bank will soon complete an investigation into alleged manipulation by commercial banks of foreign...

Published 06 Oct, 2022 06:08am

Business & Finance

LCCI urges ministers, SBP to solve problems faced by importers

LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval...

Published 04 Oct, 2022 05:55am

Markets

Full compensation sought for all companies: Oil industry suffers Rs50bn losses due to forex issues

LAHORE: The oil industry has suffered a loss of Rs 50 billion on account of foreign exchange losses between July 1,...

Published 03 Oct, 2022 05:52am

Opinion

Dar, diplomacy & economic viability–II

Pakistan is still relying on the traditional methods to generate foreign exchange. The major export items to the USA...

Published 02 Oct, 2022 05:48am

PKR consideration of CE transactions thru bank accounts made mandatory

KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of...

Updated 01 Oct, 2022 11:04am

No ban on transit trade transactions: SBP

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that there is no ban on transit trade transactions...

Updated 29 Sep, 2022 09:47am

BR Research

Much ado about nothing?

Banks are under scrutiny for making so called exuberant profits on foreign exchange earnings. Some of have made more...

Published 22 Sep, 2022 09:01am

Business & Finance

Indian rupee sees worst week in five

MUMBAI: The Indian rupee marked its worst week in five on Friday, as risk sentiment was hit by the Chinese yuan...

Published 19 Sep, 2022 05:45am

Editorials

Spurring forex inflows need of the hour

EDITORIAL: Home remittances inched up from the previous month to $2.7 billion in August 2022. However, in the first...

Published 16 Sep, 2022 06:04am

Business & Finance

Restrictions still in place for import of raw materials, says FPCCI

KARACHI: Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Suleman Chawla has...

Published 15 Sep, 2022 05:57am

Markets

IPPAC seeks to discuss arbitration, other issues with Secretary Power

ISLAMABAD: The Independent Power Producers Advisory Council (IPPAC) has sought appointment from Secretary Power this...

Published 13 Sep, 2022 06:12am

Business & Finance

PAJCCI chief apprises Miftah, Naveed of bilateral, transit trade issues

KARACHI: Chairman Pakistan Afghanistan Joint Chamber of Commerce and industry (PAJCCI), Zubair Motiwala has...

Published 01 Sep, 2022 05:50am

Import of spare parts, machinery: IPPs demand withdrawal of curbs

ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ...

Updated 26 Aug, 2022 09:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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