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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 / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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