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Andrew Bailey

Bank of England to press on with digital currency in case banks fall short, Bailey says

WASHINGTON: The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to...

Published 27 Oct, 2024 02:44am

Business & Finance

BoE’s Pill urges cautious approach to cutting interest rates

LONDON: Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with...

Published 04 Oct, 2024 02:03pm

Business & Finance

BoE plans expanded repo facilities to avert money market crunch

LONDON: The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as...

Published 23 Jul, 2024 08:29am

Markets

BoE’s Bailey says Sept CPI ‘not far off’ expectations

LONDON: Bank of England Governor Andrew Bailey said inflation data for September, which failed to fall as most...

Published 20 Oct, 2023 12:30pm

Business & Finance

BoE hikes rate half-point as high inflation persists

LONDON: The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle...

Published 23 Jun, 2023 06:00am

Business & Finance

BoE’s governor says rate-setters can put inflation before bank worries

LONDON: Bank of England Governor Andrew Bailey signalled on Monday that interest rate-setters would focus on ...

Published 29 Mar, 2023 06:27am

Markets

Bank of England’s Bailey says nothing decided on rates path

LONDON: Bank of England Governor Andrew Bailey said on Wednesday that nothing had been decided in terms of whether...

Published 01 Mar, 2023 03:30pm

Business & Finance

UK skirts recession with zero fourth-quarter growth

LONDON: Britain’s economy avoided recession after flatlining in the last three months of 2022, but finance ...

Published 13 Feb, 2023 05:57am

Business & Finance

BoE and Treasury think UK is 'likely' to need digital currency

LONDON: The Bank of England (BoE) and Britain's finance ministry think the UK is likely to need to create a central...

Published 05 Feb, 2023 12:22am

Business & Finance

BoE hints rates near peak after 10th hike

LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised...

Published 03 Feb, 2023 06:17am

Business & Finance

BoE’s Bailey sees more optimism about inflation falling

LONDON: Bank of England Governor Andrew Bailey said there was now more optimism about the prospects for inflation...

Published 19 Jan, 2023 06:14pm

Markets

UK finance minister Hunt tells Bailey he reaffirms BoE independence

LONDON: British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed...

Published 26 Oct, 2022 12:37pm

World

UK finance minister Hunt vows to win back financial market trust

LONDON: New finance minister Jeremy Hunt promised to win back Britain's economic credibility by fully accounting for...

Published 16 Oct, 2022 11:20pm

Business & Finance

BoE’s Bailey has ‘meeting of minds’ with Hunt on fixing UK crisis

WASHINGTON: Bank of England Governor Andrew Bailey said there was an “immediate meeting of minds” when he spoke...

Published 16 Oct, 2022 03:53am

Business & Finance

UK borrowing costs hit 20-year high as BoE sticks by bond deadline

LONDON: British government borrowing costs surged again on Wednesday after Bank of England Governor Andrew Bailey...

Published 13 Oct, 2022 05:59am

Business & Finance

BoE defends itself against planned Truss review

LONDON: The Bank of England on Wednesday defended itself against accusations of being too slow to tackle sky-high...

Published 08 Sep, 2022 05:43am

World

New UK leader Liz Truss finalizes huge power subsidy plan

LONDON: Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring...

Published 07 Sep, 2022 11:55pm

Business & Finance

Sterling rises 0.5pc

LONDON: Sterling recouped some losses against the dollar on Thursday but was still languishing near a 2-1/2 year low...

Published 26 Aug, 2022 05:35am

Business & Finance

Bank of England raises rates by most since 1995 even as long recession looms

LONDON: The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long...

Published 04 Aug, 2022 06:56pm

World

UK inflation hits 9.4%, bolstering bets on big BoE rate hike

LONDON: Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, ...

Published 20 Jul, 2022 11:30pm

Business & Finance

BoE may reduce gilts by 50-100bn pounds over a year: Bailey

LONDON: Bank of England Governor Andrew Bailey said the central bank was considering reducing its British government...

Published 20 Jul, 2022 05:48am

Markets

FTSE 100 retreats

LONDON: Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing...

Published 30 Jun, 2022 06:07am

Business & Finance

Bank of England may not need to act forcefully, says Bailey

SINTRA, (Portugal): The Bank of England will not necessarily have to act “forcefully” to get inflation under...

Published 30 Jun, 2022 06:07am

Business & Finance

UK inflation jumps to 40-year peak

LONDON: Britain’s annual inflation rate surged to a 40-year high last month on rocketing energy costs, official data...

Published 18 May, 2022 12:39pm

Markets

FTSE 100 lags European peers on strong pound

LONDON: UK stocks advanced on Tuesday on hopes that China would ease its COVID-19 curbs and regulatory scrutiny,...

Published 18 May, 2022 05:54am

Business & Finance

Sterling steadies

LONDON: Sterling steadied on Monday after Bank of England Governor Andrew Bailey said the current inflation surge ...

Published 17 May, 2022 05:39am

Business & Finance

Sterling rebounds after four days of losses, overlooks PM’s woes

LONDON: The British pound climbed against a broadly weak dollar on Wednesday, unruffled by Prime Minister Boris...

Published 21 Apr, 2022 05:26am

Business & Finance

Pound at 5-week high vs struggling euro

LONDON: The British pound rose against the euro on Thursday as the single currency weakened after the European...

Published 15 Apr, 2022 05:29am

Business & Finance

Sterling jumps

LONDON: Sterling gained versus the euro on Monday as the prospect of more sanctions against Russia knocked ...

Published 05 Apr, 2022 05:38am

Business & Finance

Sterling falls below $1.36 as BoE tries to cool rate-hike bets

LONDON: Sterling edged down versus the dollar and euro on Wednesday after Bank of England Governor Andrew Bailey ...

Published 24 Feb, 2022 06:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

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Andrew Bailey

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