AGL 40.01 ▼ -0.20 (-0.5%)

AIRLINK 127.00 ▼ -0.64 (-0.5%)

BOP 6.69 ▲ 0.02 (0.3%)

CNERGY 4.51 ▲ 0.06 (1.35%)

DCL 8.64 ▼ -0.09 (-1.03%)

DFML 41.04 ▼ -0.12 (-0.29%)

DGKC 85.61 ▼ -0.50 (-0.58%)

FCCL 33.11 ▲ 0.55 (1.69%)

FFBL 66.10 ▲ 1.72 (2.67%)

FFL 11.55 ▼ -0.06 (-0.52%)

HUBC 111.11 ▼ -1.35 (-1.2%)

HUMNL 14.82 ▲ 0.01 (0.07%)

KEL 5.17 ▲ 0.13 (2.58%)

KOSM 7.66 ▲ 0.30 (4.08%)

MLCF 40.21 ▼ -0.12 (-0.3%)

NBP 60.51 ▼ -0.57 (-0.93%)

OGDC 194.10 ▼ -0.08 (-0.04%)

PAEL 26.72 ▼ -0.19 (-0.71%)

PIBTL 7.37 ▲ 0.09 (1.24%)

PPL 153.79 ▲ 1.11 (0.73%)

PRL 26.21 ▼ -0.01 (-0.04%)

PTC 17.18 ▲ 1.04 (6.44%)

SEARL 85.60 ▼ -0.10 (-0.12%)

TELE 7.57 ▼ -0.10 (-1.3%)

TOMCL 34.39 ▼ -2.08 (-5.7%)

TPLP 8.82 ▲ 0.03 (0.34%)

TREET 16.82 ▼ -0.02 (-0.12%)

TRG 62.55 ▼ -0.19 (-0.3%)

UNITY 27.29 ▼ -0.91 (-3.23%)

WTL 1.30 ▼ -0.04 (-2.99%)

BR100 10,112 26 (0.26%)

BR30 31,188 17.5 (0.06%)

KSE100 94,996 232 (0.24%)

KSE30 29,481 71 (0.24%)

اردو

Nov 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

World

Fed rate cut will not significantly impact inflows into India, official says

Reuters Published September 19, 2024

India’s Economic Affairs Secretary Ajay Seth speaks during a news conference at the end of G20 finance ministers’ and Central Bank governors’ meeting on the outskirts of Bengaluru, India. Photo: Reuters

NEW DELHI: The US Federal Reserve’s decision to cut interest rates will not significantly impact inflows into India, the South Asian nation’s Economic Affairs Secretary Ajay Seth said on Thursday.

“It’s a 50 bps cut from high level so I don’t see that making any significant impact on the flows (into India). We have to see how things develop going forward,” Seth told reporters.

South Asian nation Ajay Seth Fed rate cut

Comments

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 18	277.93
USD PKR Interbank Buying / Nov 18	277.73
USD to Japanese Yen / Nov 18	154.71
USD to Swiss Franc / Nov 18	0.89
Pound Sterling to USD / Nov 18	1.26
Euro to USD / Nov 18	1.05

Stock	Volume
S&P 500 / Nov 15	5,870.62
Nasdaq / Nov 15	18,680.12
Dow Jones / Nov 15	43,444.99
India Sensex / Nov 18	77,426.82
Tokyo Nikkei / Nov 18	38,220.85
Hang Seng / Nov 18	19,562.62
FTSE 100 / Nov 18	8,080.78
Germany DAX 30 / Nov 18	19,274.60

Item	Value
Crude Oil USD/Barrel / Nov 18	67.17
Karachi Cotton PKR/37.32 KG / Nov 18	18,085
Gold 10 Grams PKR / Nov 18	231,396
Gold Spot USD/Ounce / Nov 18	2,583.36
Cotton US¢/pound / Nov 18	69.03
Petrol/Litre / Nov 19	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 19 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 19 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 19 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 19 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 19 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 19 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 19 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 19 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 19 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 19 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 19 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 19 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 19 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 19 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 19 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 19 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 19 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 19 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 19 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 19 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 19 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00