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Nov 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Exchange

Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 23 to...
Published 30 Nov, 2020 02:58am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (October 1 to...
Published 30 Nov, 2020 02:58am
Corporate agri farming
Exchange

Corporate agri farming

EDITORIAL: Prime Minister Imran Khan sought proposals on corporate farming from a delegation of industrialists who...
Published 30 Nov, 2020 02:58am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 28 Nov, 2020 03:04am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 28 Nov, 2020 03:04am
Fitch downgrades Sri Lanka on rising default risk
Exchange

Fitch downgrades Sri Lanka on rising default risk

  • Sri Lanka relies on tourism and garment exports for foreign exchange reserves. It's been hit hard by the pandemic.
  • We think there are now increasing risks to Sri Lanka's ability to meet its external debt repayments.
Published 28 Nov, 2020 12:25am
Rupee slides against dollar
Exchange

Rupee slides against dollar

  • Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 159.5 and Rs. 160.5 respectively.
Published 27 Nov, 2020 06:00pm
Ostriches at KSE-100?
Exchange

Ostriches at KSE-100?

Sometimes it feels that ostriches, and not only bulls and bears, exist at stock exchanges. Granted that markets are...
Published 27 Nov, 2020 07:30am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 27 Nov, 2020 03:08am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 27 Nov, 2020 03:08am
BoJ's assets hit record
Exchange

BoJ's assets hit record

TOKYO: The Bank of Japan's total balance of assets hit a new record in the fiscal first half from April to September...
Published 27 Nov, 2020 03:08am
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures extended early losses on Thursday to close 1.4% lower on worsening November...
Published 27 Nov, 2020 03:08am
Provinces and prices
Exchange

Provinces and prices

EDITORIAL: It shouldn't take the prime minister's advisor on finance Dr Hafeez Sheikh to remind provinces that...
Published 27 Nov, 2020 03:08am
London cocoa heads back towards two-month high
Commodities

London cocoa heads back towards two-month high

  • March robusta coffee ended up $35, or 2.5%, at $1,411 a tonne.
  • March white sugar ended up $3.40, or 0.9%, at $404.10 a tonne, with volumes thin due to the US holiday.
  • March London cocoa ended up 36 pounds, or 2%, at 1,860 pounds per tonne.
Published 27 Nov, 2020 12:12am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 26 Nov, 2020 02:54am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 26 Nov, 2020 02:54am
Paris wheat at 2-week high
Grains

Paris wheat at 2-week high

PARIS: Euronext wheat rose on Tuesday to its highest in almost two weeks, tracking gains in Chicago as an unexpected...
Published 26 Nov, 2020 02:54am
Malaysian palm oil gains
Commodities

Malaysian palm oil gains

KUALA LUMPUR: Malaysian palm oil futures ended 1% higher on Wednesday despite a slump in November exports, boosted ...
Published 26 Nov, 2020 02:54am
Euronext wheat retreats with Chicago after highs
Commodities

Euronext wheat retreats with Chicago after highs

  • Chart resistance, a near three-month high for the euro against the dollar and an increased forecast for Russian exports also curbed Euronext prices.
  • March milling wheat, the most active contract on the Paris-based Euronext exchange, settled down 2.25 euros.
Published 26 Nov, 2020 12:31am
Dollar under pressure as risk appetite stages a comeback
Currency

Dollar under pressure as risk appetite stages a comeback

  • The U.S. currency teetered near a two-month low against the Australian dollar and a two-year low against the New Zealand dollar, both considered barometers of risk sentiment due to their close ties with the global commodities trade.
Published 25 Nov, 2020 10:01am
Cyclical gains lift US stocks
Stocks

Cyclical gains lift US stocks

• Tesla nears $500 billion in market cap NEW YORK: US stocks closed higher in a choppy session on Monday as hopes...
Published 25 Nov, 2020 02:56am
European shares climb
Stocks

European shares climb

MILAN/FRANKFURT: European shares ended higher on Tuesday, as the potential easing of lockdowns in France combined...
Published 25 Nov, 2020 02:56am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 25 Nov, 2020 02:56am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 25 Nov, 2020 02:56am
MPS: Nothing profound
Exchange

MPS: Nothing profound

EDITORIAL: Monetary Policy Statement issued on 23 November 2020 decided to keep the discount rate unchanged at 7...
Published 25 Nov, 2020 02:56am
Export of onion resumes
Exchange

Export of onion resumes

KARACHI: After the arrival of full crop of onion from Sindh in the domestic market and some reduction in the prices,...
Published 25 Nov, 2020 02:56am
NY cocoa hits nine-month high; sugar falls
Commodities

NY cocoa hits nine-month high; sugar falls

  • January robusta coffee settled down $25, or 1.8%, at $1,353 a tonne.
  • March white sugar fell $2.90, or 0.8%, to $408.60 a tonne.
  • March New York cocoa settled up $32, or 1.2%, at $2,785 a tonne, having touched a contract high of $2,821/
Published 25 Nov, 2020 02:27am
Panther Tyres Limited
Exchange

Panther Tyres Limited

Panther Tyres Limited, a leading tyre Company, has applied to be listed on the Pakistan Stock Exchange (PSX)....
Published 24 Nov, 2020 09:13pm
Special Report: How Britain failed to stop the second wave
Exchange

Special Report: How Britain failed to stop the second wave

A retired surgeon, Hutchinson is part of a local team of “contact tracers” in Halifax, Yorkshire, that aims to reach infected people before they infect others. His experience that day in mid-October, he said, summed up why Britain’s “tracking of the virus is very, very poor.”
Published 24 Nov, 2020 03:00pm
Australian, NZ shares up
Stocks

Australian, NZ shares up

SYDNEY/WELLINGTON: Australian shares closed higher on Monday with heavyweight energy and mining firms leading the...
Published 24 Nov, 2020 03:07am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 24 Nov, 2020 03:07am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 24 Nov, 2020 03:07am
Palm oil ends higher
Commodities

Palm oil ends higher

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to rise 1% on Monday, as concerns over declining...
Published 24 Nov, 2020 03:07am
Copper prices fall
Commodities

Copper prices fall

LODNON: Copper prices slipped on Monday from Friday's 29-month high as the dollar strengthened though coronavirus...
Published 24 Nov, 2020 03:07am
SBP's Monetary Policy Committee maintain policy rate at 7pc
Currency

SBP's Monetary Policy Committee maintain policy rate at 7pc

  • On the inflation front, recent out-turns have been on the higher side, primarily due to increases in food prices.
  • As per SBP, exports have recovered to their pre-COVID monthly level of around $2 billion in September and October, with the strongest recovery in textiles, rice, cement, chemicals, and pharmaceuticals.
Updated 23 Nov, 2020 04:08pm
Govt U-turn is no bad thing
Exchange

Govt U-turn is no bad thing

In 1962-63, I was doing high school in Sacramento, California. I was an American Field Service Exchange scholar. I...
Published 21 Nov, 2020 02:44am
Fixing power sector
Exchange

Fixing power sector

The Special Assistant to the Prime Minister on Power has spelled out a roadmap to fix Pakistan's power sector. It...
Published 21 Nov, 2020 02:44am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 21 Nov, 2020 02:44am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 21 Nov, 2020 02:44am
Copper prices climb
Commodities

Copper prices climb

LONDON: Copper prices surged to their highest in 29 months on Friday as speculators extended a buying spree on...
Published 21 Nov, 2020 02:44am
Wall Street plummets
Stocks

Wall Street plummets

NEW YORK: US stocks closed steeply lower after a late-session sell-off on Wednesday as investors weighed surging...
Published 20 Nov, 2020 03:04am
Japan stocks down
Stocks

Japan stocks down

TOKYO: Japanese stocks fell for a second session on Thursday after Tokyo issued its most severe warning about a...
Published 20 Nov, 2020 03:04am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 20 Nov, 2020 03:04am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 20 Nov, 2020 03:04am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 19 Nov, 2020 02:55am
US stocks retreat
Stocks

US stocks retreat

NEW YORK: US stocks retreated from record closing highs on Tuesday, ending lower as surging Covid-19 cases, the...
Published 19 Nov, 2020 02:55am
European stocks up
Stocks

European stocks up

MILAN/FRANKFURT: European stocks closed higher on Wednesday as more positive updates on Covid-19 vaccine and merger...
Published 19 Nov, 2020 02:55am
NY cocoa, coffee climb
Commodities

NY cocoa, coffee climb

LONDON: New York cocoa futures on ICE climbed to their highest since late September on Wednesday, supported by low...
Published 19 Nov, 2020 02:55am
Palm oil climbs 2pc
Commodities

Palm oil climbs 2pc

KUALA LUMPUR: Malaysian palm oil futures jumped 2% on Wednesday, ending a three-day losing streak, underpinned by...
Published 19 Nov, 2020 02:55am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 19 Nov, 2020 02:55am
TSX gains on energy boost
Stocks

TSX gains on energy boost

  • The energy sector climbed 2.3% as US crude prices were up 0.8% a barrel, while Brent crude added 1.3%.
  • the Toronto Stock Exchange's S&P/TSX composite index was up 18.84 points, or 0.11%, at 16,966.9.
Published 18 Nov, 2020 09:20pm
NY cocoa climbs to 7-week high, coffee also up
Commodities

NY cocoa climbs to 7-week high, coffee also up

  • March New York cocoa was up $5, or 0.2%, at $2,522 a tonne.
  • January robusta coffee rose $21, or 1.5%, to $1,437 a tonne.
  • March arabica coffee rose 1.35 cents, or 1.1%, to $1.2085 per lb after climbing to a two-month high of $1.2115.
Published 18 Nov, 2020 05:51pm
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 18 Nov, 2020 02:48am
S&P, Dow at all-time highs
Stocks

S&P, Dow at all-time highs

NEW YORK: The S&P 500 and Dow Jones industrial average notched record closing highs on Monday as news of another...
Published 18 Nov, 2020 02:48am
Australian shares climb
Stocks

Australian shares climb

SYDNEY/WELLINGTON: Australian shares closed on Tuesday at their highest in nearly nine months, pushed up by ...
Published 18 Nov, 2020 02:48am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 18 Nov, 2020 02:48am
Brazil central bank to roll over $11.8bn FX swaps
Currency

Brazil central bank to roll over $11.8bn FX swaps

  • The central bank said it "may recalibrate the amount offered, according to market conditions."
  • The central bank has sold billions of dollars in the spot market and via FX swaps this year to help support the local currency.
Published 17 Nov, 2020 05:21pm
Racking up Debt for ML-1
Libor

Racking up Debt for ML-1

Main Line 1 (ML-1) is the most important railway line operated by Pakistan Railways, stretching from Karachi to...
Published 17 Nov, 2020 01:55pm
Currency games!
Currency

Currency games!

The PKR/USD breached 158 level yesterday. Most treasuries were of the view that PKR/USD could cross 170, when it was...
Published 17 Nov, 2020 07:55am
Australian, NZ shares jump
Stocks

Australian, NZ shares jump

SYDNEY/WELLINGTON: Trading on Australia's stock exchange was halted just 20 minutes from the open on Monday due to...
Published 17 Nov, 2020 02:55am
Raw sugar, cocoa surge
Grains

Raw sugar, cocoa surge

LONDON: Raw sugar prices on ICE surged to an 8-1/2 month high on Monday, boosted by nearby supply tightness, while...
Published 17 Nov, 2020 02:55am
Growth in external debt
Exchange

Growth in external debt

The external debt of Pakistan stands at $113.8 billion as of the end of September 2020. It has registered an ...
Published 17 Nov, 2020 02:55am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 17 Nov, 2020 02:55am
Tokyo rubber futures up
Commodities

Tokyo rubber futures up

TOKYO: Japanese rubber futures rose more than 1% on Monday, buoyed by strong third-quarter economic growth numbers ...
Updated 17 Nov, 2020 03:24am
Copper hits 2-1/2 year high on upbeat China data
Commodities

Copper hits 2-1/2 year high on upbeat China data

  • Three-month copper on the London Metal Exchange was up 2.1% to $7,128.50 a tonne in official trading.
  • The strong macro China data is giving copper another ride higher and it reinforces the view that China's demand recovery is holding its shape.
Published 16 Nov, 2020 07:45pm
Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 9 to...
Published 16 Nov, 2020 02:46am
Equity borrowing
Currency

Equity borrowing

EDITORIAL: Special Secretary Ministry of Finance Kamran Ali Afzal informed a select group of journalists that the...
Published 16 Nov, 2020 02:46am
State of economy
Exchange

State of economy

On 3 November 2020 Prime Minister Imran Khan announced the industrial support package while the Advisor to the Prime...
Published 16 Nov, 2020 02:46am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 14 Nov, 2020 02:52am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 14 Nov, 2020 02:52am
Palm oil falls
Commodities

Palm oil falls

KAULA LUMPUR: Malaysian palm oil futures fell for a second day on Friday, tracking losses in rival oils on the...
Published 14 Nov, 2020 02:52am
Nigeria naira eases on black market as FX demand pressure resurfaces
Forex

Nigeria naira eases on black market as FX demand pressure resurfaces

  • Traders had expected the currency to trade flat on the black market on the hopes that higher oil prices will boost Nigeria's foreign exchange supplies.
  • Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to rising coronavirus infections.
Published 13 Nov, 2020 07:52pm
Remittances’ new normal?
Currency

Remittances’ new normal?

The remittance growth remained unabated in October. In Jul-Oct, the flow is up by 26 percent to reach $9.4 billion....
Updated 13 Nov, 2020 10:43am
Palm oil up for fourth day
Energy

Palm oil up for fourth day

KUALA LUMPUR: Malaysian palm oil futures extended gains for a fourth session on Thursday, hitting their highest in...
Updated 13 Nov, 2020 03:18am
Nasdaq moves up
Stocks

Nasdaq moves up

NEW YORK: The Nasdaq closed up 2% on Wednesday as investors switched back to technology stocks and away from...
Published 13 Nov, 2020 02:57am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 13 Nov, 2020 02:57am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 13 Nov, 2020 02:57am
Copper prices rise
Commodities

Copper prices rise

LONDON: Copper prices were boosted on Thursday by more progress on a possible Covid-19 vaccine, the delivery of ...
Published 13 Nov, 2020 02:57am
Rubber futures jump
Commodities

Rubber futures jump

TOKYO: Japanese rubber futures rose almost 6% on Thursday to a nearly two-week high as optimism over prospects for a...
Published 13 Nov, 2020 02:57am
Copper prices cling to vaccine hopes
Commodities

Copper prices cling to vaccine hopes

  • Moderna Inc said on Wednesday it had enough data for a first interim analysis of the late-stage trial of its experimental COVID-19 vaccine,
  • Three-month copper on the London Metal Exchange (LME) added 0.6% to $6,925 per tonne.
Published 12 Nov, 2020 06:36pm
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 12 Nov, 2020 02:50am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 12 Nov, 2020 02:50am
Nasdaq retreats
Stocks

Nasdaq retreats

NEW YORK: The Nasdaq closed 1.4% lower and the S&P dipped slightly on Tuesday as investors sold off technology...
Published 12 Nov, 2020 02:50am
Byco 1QFY21 – a mixed bag
Currency

Byco 1QFY21 – a mixed bag

Byco Petroleum Limited (PSX: BYCO) has seen hideous times in FY20 as did the rest of the refining segment in the...
Published 11 Nov, 2020 07:32am
Exide Pakistan Limited
Mutual Funds

Exide Pakistan Limited

Exide Pakistan Limited (PSX: EXIDE) was set up as a private limited company in 1953. It was later listed on the...
Published 11 Nov, 2020 07:25am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 11 Nov, 2020 02:53am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 11 Nov, 2020 02:53am
Dollar edges up in Europe
Currency

Dollar edges up in Europe

LONDON: The dollar edged up on Tuesday and the yen stayed low, as investors remained optimistic about progress...
Published 11 Nov, 2020 02:53am
Tokyo rubber falls
Commodities

Tokyo rubber falls

TOKYO: Japanese rubber futures fell on Tuesday, tracking the Shanghai market lower as euphoria waned over promising...
Updated 11 Nov, 2020 03:17am
Copper slips from 29-month highs as dollar strengthens
Commodities

Copper slips from 29-month highs as dollar strengthens

  • European stock markets and oil prices rose for a second day, though weak inflation data in China.
  • The dollar, meanwhile, recouped some of Monday's losses, pressuring metals by making them more expensive for buyers with other currencies.
Published 10 Nov, 2020 05:12pm
Trade policy framework
Exchange

Trade policy framework

A new trade policy is on the anvil, one which envisages Pakistan to fetch up to $46 billion over the next five ...
Published 10 Nov, 2020 08:09am
Budgetary outcome in 1QFY21
Exchange

Budgetary outcome in 1QFY21

The Ministry of Finance (MoF) has released the results of the fiscal operations for the first quarter of 2020-21. ...
Published 10 Nov, 2020 02:54am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 10 Nov, 2020 02:54am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 10 Nov, 2020 02:54am
China's copper import boom leaves other metals cold
Commodities

China's copper import boom leaves other metals cold

  • This surge looks like a re-run of the financial crisis a decade ago.
  • China is clearing the rest of the world's copper surplus and to a lesser extent its aluminium surplus, but excess zinc, lead and nickel is being left to accumulate in cold storage.
Updated 09 Nov, 2020 07:23pm
Dollar decline adds to headache for Swiss central bank
Forex

Dollar decline adds to headache for Swiss central bank

  • The rise may lead the SNB to ramp up currency interventions to check the rise of the franc.
  • It is definitely more a case of the dollar weakening rather than the franc rising. We still think the dollar is over-valued at the moment.
Published 09 Nov, 2020 06:05pm
Fiscal roundup: 1QFY21
Currency

Fiscal roundup: 1QFY21

First quarter fiscal report card is out. The consolidated fiscal deficit stood at Rs484 billion (1.1% of GDP) in...
Published 09 Nov, 2020 08:38am
Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 2 to ...
Published 09 Nov, 2020 02:46am
Your rupee last quarter
Currency

Your rupee last quarter

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 2 to...
Published 09 Nov, 2020 02:46am