AGL 37.47 Increased By ▲ 0.22 (0.59%)
AIRLINK 123.40 Decreased By ▼ -0.62 (-0.5%)
BOP 5.85 Increased By ▲ 0.23 (4.09%)
CNERGY 3.72 No Change ▼ 0.00 (0%)
DCL 8.45 Increased By ▲ 0.20 (2.42%)
DFML 40.65 Increased By ▲ 0.38 (0.94%)
DGKC 86.10 Increased By ▲ 0.36 (0.42%)
FCCL 33.19 Increased By ▲ 0.59 (1.81%)
FFBL 66.20 Decreased By ▼ -0.30 (-0.45%)
FFL 10.16 No Change ▼ 0.00 (0%)
HUBC 105.25 Increased By ▲ 2.15 (2.09%)
HUMNL 13.35 Decreased By ▼ -0.05 (-0.37%)
KEL 4.30 Increased By ▲ 0.05 (1.18%)
KOSM 7.24 Increased By ▲ 0.06 (0.84%)
MLCF 38.65 Increased By ▲ 0.35 (0.91%)
NBP 63.70 Decreased By ▼ -1.31 (-2.02%)
OGDC 174.55 Increased By ▲ 0.75 (0.43%)
PAEL 25.11 Increased By ▲ 0.21 (0.84%)
PIBTL 5.80 No Change ▼ 0.00 (0%)
PPL 142.50 Decreased By ▼ -0.20 (-0.14%)
PRL 23.02 Increased By ▲ 0.04 (0.17%)
PTC 15.45 Increased By ▲ 0.34 (2.25%)
SEARL 65.50 Increased By ▲ 0.15 (0.23%)
TELE 7.03 Increased By ▲ 0.03 (0.43%)
TOMCL 36.50 Decreased By ▼ -0.41 (-1.11%)
TPLP 7.30 Decreased By ▼ -0.04 (-0.54%)
TREET 14.20 Decreased By ▼ -0.08 (-0.56%)
TRG 50.90 Increased By ▲ 1.20 (2.41%)
UNITY 26.69 Increased By ▲ 0.54 (2.07%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,640 Increased By 38.8 (0.4%)
BR30 28,770 Increased By 196.9 (0.69%)
KSE100 90,646 Increased By 359.6 (0.4%)
KSE30 28,348 Increased By 4.8 (0.02%)

Bank of Canada

Bank of Canada says medium term outlook brighter, risks remain
Business & Finance

Bank of Canada says medium term outlook brighter, risks remain

  • The central bank, outlining its quarterly economic forecasts, said that despite the stronger outlook it does not expect inflation to return sustainably to target until 2023.
  • The medium-term outlook is stronger than in the October Report because of the positive effects from vaccines, greater fiscal stimulus, stronger foreign demand and higher commodity prices.
Published 20 Jan, 2021 09:44pm
Dollar slips as US stimulus hopes lift mood
Markets

Dollar slips as US stimulus hopes lift mood

  • The Chinese yuan clung to modest gains in offshore trade at 6.4757 to the dollar ahead of a monthly interest rate fixing where traders expect no change in either one-year or five-year loan prime rates.
Published 20 Jan, 2021 12:25pm
Bank of Canada sees no obvious alternative to inflation targeting
Business & Finance

Bank of Canada sees no obvious alternative to inflation targeting

  • At the same time, the COVID-19 pandemic has crystallized that central banks are "likely to run out of conventional firepower" to address economic downturns in a low-interest-rate world,
  • We've identified some of the strengths and weaknesses of the different frameworks. But at this point, no single framework dominates on all margins.
Published 26 Aug, 2020 07:20pm