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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 / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.99 ▲ 0.88 (12.38%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Beco Steel Ltd / Dec 18 Beco Steel Limited(BECO)	9.25 ▲ 0.99 (11.99%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	65.10 ▼ -6.97 (-9.67%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.68
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.38
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.04
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.18
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.77
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.27
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.23
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.17

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