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central bank

Should the SBP be procyclical?

Inflation isn’t the monster it used to be—at least, not for now. But complacency is dangerous. The central bank’s...

Published 17 Dec, 2024 09:04am

BR Research

Will the next inflationary cycle look different?

When the SBP autonomy bill was first presented in Parliament in March 2021, it met with resistance on multiple...

Published 11 Dec, 2024 09:02am

BR Research

MPC meeting: a bonanza is coming

A record month-on-month rise of over a trillion rupees in gross banking advances; nearing nine percent over Sep-24,...

Published 04 Nov, 2024 09:20am

BR Research

Now you see it, now you don’t

Remember when home mortgages became a distinct possibility for hopeful homeowners across Pakistan, who had been...

Updated 14 Oct, 2024 10:55am

BR Research

A healthy transformation?

Last month, the State Bank of Pakistan discontinued the reporting of ‘FE-25 Deposits and their Utilization’...

Published 10 Oct, 2024 08:41am

Business & Finance

SBP’s profit hits record Rs3.4tn in FY24, govt set for windfall

Higher interest rates, exchange gain help central bank post record earnings

Updated 23 Sep, 2024 11:01pm

BR Research

FDI at a crossroads

While media outlets are abuzz with reports of a 55 percent spike in FDI during the first two months of FY25, this...

Published 23 Sep, 2024 09:02am

BR Research

Rate cut: inadequate aggression or insufficient restraint?

If the litmus test of successful central banking is to remain widely unpopular throughout its term, the existing...

Published 13 Sep, 2024 08:51am

Opinion

Economic policy and central bank independence

Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the...

Published 23 Aug, 2024 03:33am

World

China pledges billions more in funds to aid disaster-stricken farm regions

BEIJING/HONG KONG: China’s central bank said on Tuesday it will provide an additional 100 billion yuan ($14...

Published 19 Aug, 2024 03:20am

BR Research

Remittances galore from UAE

Despite the month-on-month decline in remittances in June and July this year, remittances have remained on the...

Published 13 Aug, 2024 06:44am

BR Research

MPS: ‘if you try sometimes, you get what you need’

The autonomous central bank finally seems to have found its voice. On Monday, the Monetary Policy Committee of SBP...

Published 30 Jul, 2024 06:51am

Business & Finance

Turkey central bank stuns market with 500-point rate hike to 50pc

ISTANBUL: Turkey’s central bank unexpectedly hiked interest rates by 500 basis points to 50% on Thursday, citing a...

Published 22 Mar, 2024 04:57am

World

Germany likely to fall into recession: central bank

FRANKFURT: German output is likely to shrink slightly in the first quarter, sending Europe’s top economy into...

Published 20 Feb, 2024 03:09am

BR Research

Forward export hangover

The currency is under pressure again. There is dip-by-dip depreciation every day. It has depreciated by 2.9 percent...

Published 07 Nov, 2023 08:37am

BR Research

Pakistan’s state of statistics: SBP’s timely call

“The current state of timeliness…of statistics does not bode well for reform outcomes, policy diagnosis, investment...

Published 07 Nov, 2023 08:25am

BR Research

Trigger Warning: It starts with the letter ‘T’

No, not TERF. But also,not entirely unrelated to the very relevant debate that is taking place in the country as the...

Published 18 Jul, 2023 08:30am

Opinion

Digital and payment system in Pakistan: Future landscape

Pakistan is at a critical juncture of its journey of digital financial inclusion. It is critical that the Central...

Updated 14 Jun, 2023 10:09am

Business & Finance

Asian nations to debate Japan’s bid to beef up market safeguards

TOKYO: Asian finance leaders gathering in South Korea this week will likely debate ways to beef up safeguards ...

Published 02 May, 2023 05:59am

BR Research

Will ‘trickle-up’ finance save banks?

The central bank marked the beginning of Q4 of fiscal year 2023 by raising the policy rate to 21 percent. With a...

Updated 13 Apr, 2023 01:18pm

Business & Finance

Brazil reports lower than expected current account deficit in Feb

BRASILIA: Brazil posted a lower-than-expected current account deficit in February, showed central bank data on...

Published 28 Mar, 2023 06:21am

Business & Finance

Next MPC meeting so far scheduled on March 16, says SBP

SBP chief spokesperson's statement comes amid widespread speculation the central bank is likely to increase interest rate in off-cycle review

Published 23 Feb, 2023 08:38pm

BR Research

Handset imports: blacked out!

Latest central bank data show that the country’s mobile phone imports have crashed by an even bigger magnitude than...

Published 30 Jan, 2023 09:23am

BR Research

Country likely to face shortage of pulses?

There may be blood on the streets, but Pakistani appetite for pulses appears to be unsatiated. Despite cash margin...

Published 13 Jan, 2023 09:01am

BR Research

On e-commerce growth

The most-recent central bank statistics on digital payments that were made available last week also show strong...

Published 28 Dec, 2022 09:17am

BR Research

Remittances: Not all doom and gloom

The Dar effect on the exchange rate is for everyone to see. The spread between open and interbank markets has...

Published 21 Dec, 2022 08:46am

BR Research

A forever crisis?

Central banks around the world aren’t done tightening yet. Rationalizing their continued rate-hike decisions, bank...

Published 15 Dec, 2022 07:30am

Markets

SBP suspends authorisation of 2 currency exchange companies over 'serious violations'

Central bank advises both firms to strengthen internal control functions, submit report of corrective measures

Published 18 Nov, 2022 05:05pm

Markets

Indonesia's forex reserves drop to $130.2bn at end-October

JAKARTA: Indonesia's foreign exchange reserves dropped to $130.2 billion in October, equal to 5.8 months worth of...

Updated 07 Nov, 2022 10:27pm

Business & Finance

ECB’s next rate move likely between 50 and 75 bps

AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy...

Published 31 Oct, 2022 05:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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