Saudi Arabia should review its policy of pegging the riyal currency to the weak US dollar, said the chief economist of state-owned National Commercial Bank (NCB), the kingdom's largest lender by assets.
"Time has come to reconsider the continued pegging of the Saudi riyal to US dollar...taking into account unfavourable impact on official reserves which are mostly denominated in dollar," Said al-Shaikh said in a statement.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 8
|
277.83
|
|
USD PKR Interbank Buying
/ Nov 8
|
277.63
|
|
USD to Japanese Yen
/ Nov 8
|
152.64
|
|
USD to Swiss Franc
/ Nov 8
|
0.88
|
|
Pound Sterling to USD
/ Nov 8
|
1.29
|
|
Euro to USD
/ Nov 8
|
1.07
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 8
|
5,995.54
|
|
India Sensex
/ Nov 8
|
79,486.32
|
|
Tokyo Nikkei
/ Nov 8
|
39,500.37
|
|
Nasdaq
/ Nov 8
|
19,286.78
|
|
Hang Seng
/ Nov 8
|
20,728.19
|
|
FTSE 100
/ Nov 8
|
8,072.39
|
|
Dow Jones
/ Nov 8
|
43,988.99
|
|
Germany DAX 30
/ Nov 8
|
19,215.48
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Nov 8
|
70.38
|
|
Karachi Cotton PKR/37.32 KG
/ Nov 8
|
18,285
|
|
Gold 10 Grams PKR
/ Nov 8
|
244,002.80
|
|
Gold Spot USD/Ounce
/ Nov 8
|
2,684.77
|
|
Cotton US¢/pound
/ Nov 8
|
70.98
|
|
Petrol/Litre
/ Nov 10
|
248.38
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 10
786 Investments Limited(786)
|
5
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 10
Al-Abbas Sugar Mills Limited(AABS)
|
585
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 10
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 10
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 10
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 10
Allied Bank Limited(ABL)
|
87.10
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 10
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 10
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 10
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 10
786 Investments Limited(786)
|
5
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 10
Al-Abbas Sugar Mills Limited(AABS)
|
585
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 10
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 10
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 10
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 10
Allied Bank Limited(ABL)
|
87.10
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 10
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 10
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 10
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
P.I.A.C.(A)
/ Nov 10
Pakistan International Airlines Corp(PIAA)
|
47,200,500
▲ 0.00
|
|
Cnergyico PK
/ Nov 10
Cnergyico PK Limited(CNERGY)
|
29,719,327
▲ 0.00
|
|
Pak Petroleum
/ Nov 10
Pakistan Petroleum Limited(PPL)
|
21,170,581
▲ 0.00
|
|
Pak Refinery
/ Nov 10
Pakistan Refinery Limited(PRL)
|
16,965,134
▲ 0.00
|
|
The Searle Co.
/ Nov 10
The Searle Company Limited(SEARL)
|
15,793,227
▲ 0.00
|
|
P.T.C.L.
/ Nov 10
Pakistan Telecommunication Company Ltd(PTC)
|
15,054,641
▲ 0.00
|
|
K-Electric Ltd.
/ Nov 10
K-Electric Limited(KEL)
|
14,145,556
▲ 0.00
|
|
WorldCall Telecom
/ Nov 10
Worldcall Telecom Limited(WTL)
|
13,158,668
▲ 0.00
|
|
Telecard Limited
/ Nov 10
Telecard Limited(TELE)
|
12,358,668
▲ 0.00
|
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