Trends - currency crisis - Business Recorder

currency crisis

Turkish inflation near 62pc, highest this year

ISTANBUL: Turkey’s annual inflation rate edged up to 61.98% in November, data showed on Monday, just shy of...

Published 05 Dec, 2023 03:01am

Opinion

Monetary-fiscal history of Latin America: lessons for Pakistan

Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a...

Published 06 Mar, 2023 06:43am

Opinion

How to deal with Pakistan’s forthcoming currency crisis

“There are no solutions. There are only trade-offs.” ? Thomas Sowell Nomura has warned that Pakistan faces currency...

Published 07 Jan, 2023 06:00am

Business & Finance

BMP urges govt to ‘rescue’ economy, as currency crisis deepens

LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce & Industry has asked the...

Published 28 Nov, 2022 05:48am

Pakistan faces currency crisis danger: Nomura

Nomura warns that Egypt, Romania, Sri Lanka, Turkey, Czech Republic and Hungary are also at a high risk of currency crises

Updated 23 Nov, 2022 09:38am

Business & Finance

Turkish lira weakens against dollar for fifth day

ISTANBUL: The Turkish lira eased a further 0.85% against the dollar on Wednesday, weakening for a fifth session and...

Published 12 May, 2022 05:40am

Business & Finance

Turkish lira hits weakest level since mid-December

ISTANBUL: The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the first time since ...

Published 10 May, 2022 05:10am

Business & Finance

Turks’ forex holdings rise to $216.73bn

ISTANBUL: Turkish locals’ foreign exchange and gold holdings rose $780 million when adjusted for the parity effect...

Published 22 Apr, 2022 05:36am

Business & Finance

Turkish cbank raises mandatory exporters’ FX revenue conversion rate to 40pc

ISTANBUL: Turkey’s central bank said on Friday it raised the share of foreign currency revenues that exporters are...

Published 17 Apr, 2022 05:51am

Markets

Turkey’s protection scheme helped cut FX deposits, says Treasury

ANKARA: The share of hard currency deposits in Turkey’s banking system has fallen more than 10 percentage points...

Published 24 Mar, 2022 05:36am

Business & Finance

Turkish cenbank’s net FX reserves surge to $16.33bn

ISTANBUL: The Turkish central bank’s net international reserves leapt $5.8 billion last week to $16.33 billion as...

Published 11 Feb, 2022 04:31am

Markets

Turkish central bank halts easing after currency crisis

ISTANBUL: Turkey's central bank held its policy rate steady at 14% on Thursday, as expected, halting an easing cycle...

Published 20 Jan, 2022 04:33pm

Business & Finance

Turkey's inflation seen dropping to about 27% by end of 2022

ISTANBUL: Already rampant inflation in Turkey will rise further in the coming months before declining to around 27%...

Published 17 Jan, 2022 04:00pm

World

Erdogan doubles down on low interest rates despite lira fall

ANKARA: Turkey's President Recep Tayyip Erdogan vowed "no compromise" on low interest rates in comments published by...

Published 29 Nov, 2021 05:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

currency crisis

Most Popular