Trends - current account - Business Recorder

current account

Pakistan’s remittance inflow at $3.05bn in October 2024, up 24% year-on-year

Amount also 7% higher when compared with $2.86 billion in September 2024

Updated 08 Nov, 2024 10:02pm

Markets

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

BR Research

Steady slide: SBP’s next move awaits

The monetary policy is due on Monday (4th November). The pulse of the Chundrigar road is a 200-bps cut to a 15.5...

Published 30 Oct, 2024 09:28am

BR Research

‘Cash and Code’ driving recovery

As expected, the current account is nearly balanced in the first quarter of the fiscal year. The story is...

Published 22 Oct, 2024 06:51am

Pakistan

IMF-backed reform agenda to accelerate Pakistan’s economic growth in FY25: ADB

In its Asian Development Outlook, Manila-based lender sees Pakistan's growth to grow by moderate 2.8% in FY25

Updated 25 Sep, 2024 10:52pm

Markets

KSE-100 retreats after briefly hitting record high of 82,000

Led by index-heavy stocks, benchmark index gains nearly 1.24% to settle at 81,459.29

Updated 19 Sep, 2024 09:00pm

BR Research

Current account roundup: 2MFY25

In August, the current account posted a marginal surplus of $75 million. The deficit for the July-August period...

Published 19 Sep, 2024 08:42am

Pakistan

Pakistan’s current account posts surplus of $75mn in August 2024

Development comes on back of massive increase in remittance inflows

Updated 18 Sep, 2024 10:31pm

Pakistan

Pakistan’s current account posts deficit of $162mn in July 2024

Deficit lower on a monthly basis, but 'higher than expectations due to wider trade deficit reported by SBP'

Updated 19 Aug, 2024 09:06pm

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

Markets

Majority expect reduction in key policy rate in upcoming MPC meeting, AHL survey finds

Brokerage house sees 100bps cut in meeting reportedly set to be held on July 29 (Monday)

Updated 22 Jul, 2024 10:56pm

BR Research

Current account FY24: historic but in a good way?

The current account posted the lowest deficit in thirteen years in FY24. The toll could have been a surplus if the...

Published 22 Jul, 2024 08:27am

BR Research

Current account roundup 11MFY24

The current account posted a deficit of $270 million in May 2024 after three straight months of surplus. The deficit...

Published 24 Jun, 2024 08:55am

Editorials

C/A surplus

EDITORIAL: The current account registered surplus for March 2024 of 619 million dollars against 537 million dollars...

Published 26 Apr, 2024 04:15am

BR Research

Hope springs eternal, as do false promises

The thing about economic indicators is they can tell whatever story the narrator wishes to sell. A quick look at...

Updated 24 Apr, 2024 03:54pm

BR Research

CA surplus – will it sustain?

The current account surprisingly posted a surplus of $619 million in March 24,which is the highest surplus since...

Updated 23 Apr, 2024 10:07am

Business & Finance

C/A posts 3rd highest monthly surplus in March

KARACHI: The country’s external account is performing well, posting the third highest monthly current account...

Published 23 Apr, 2024 03:41am

Editorials

Balanced C/A by itself: no sustainable strategy

EDITORIAL: The current account (C/A) is one economic variable that is coming under control, no thanks to the economy...

Published 25 Mar, 2024 05:54am

BR Research

Current account roundup: 8MFY24

The practice of having near zero current account balance continues. In February 2024, the current account posted a...

Published 21 Mar, 2024 08:56am

Pakistan

Pakistan’s current account posts surplus of $128mn in February 2024

Overall balance stands at deficit of $1bn during 8MFY24 against $3.85bn in same period of FY23

Updated 19 Mar, 2024 09:56pm

Business & Finance

Malaysia’s current account surplus narrows to 253mn ringgit in Q4

KUALA LUMPUR: Malaysia’s current account surplus narrowed to 253.4 million ringgit ($53.05 million) in the fourth...

Published 16 Feb, 2024 10:27am

Markets

Pakistan’s current account posts surplus of $9mn in November

This is the first surplus since June 2023

Updated 18 Dec, 2023 05:35pm

BR Research

To cut or not to cut

The monetary policy committee is meeting today to largely deliberate on the policy rate. It is widely expected that...

Updated 12 Dec, 2023 11:16am

BR Research

Current account roundup: Aug 2023

The current account is coming back to manageable levels in August – departure from a sudden spike in the last month....

Published 18 Sep, 2023 08:58am

BR Research

Understanding credit side of inflation

The current tightening cycle, which began almost two years ago in Sep 2021 is showing no sign of abatement,...

Published 22 Aug, 2023 08:38am

Markets

Pakistan’s current account deficit clocks in at $809mn in July, highest since October 2022

Total imports stand at $5.03bn against $6.07bn in the same period of previous year

Updated 18 Aug, 2023 06:37pm

BR Research

MPC surprise

SBP has kept the interest rates unchanged at 22 percent. That was a surprise for a few, as the general expectations...

Published 01 Aug, 2023 08:29am

BR Research

Current account roundup FY23

The current account posted a surplus ($334 million for June 23) for the fourth consecutive month – the 2HFY23...

Published 19 Jul, 2023 08:12am

BR Research

CAD roundup: 11MFY23

The current account posted a surplus for the third consecutive month – last three months (March to May) surplus...

Published 21 Jun, 2023 09:50am

Pakistan

Macroeconomic conditions deteriorated during first half FY23: SBP

Central bank says adverse global economic conditions, uncertainty surrounding IMF programme are major concerns

Published 19 May, 2023 05:05pm

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

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