Trends - current account deficit

current account deficit

Nov CA surplus hits 10-year peak

KARACHI: Pakistan’s current account recorded a 10-year high monthly surplus of $729 million in November 2024,...

Published 18 Dec, 2024 06:37am

Pakistan

Pakistan records massive $729mn current account surplus in November 2024

This is fourth consecutive month in which Pakistan's current account has posted surplus

Updated 17 Dec, 2024 10:49pm

Markets

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

Development in line with analysts' expectations

Updated 16 Dec, 2024 10:39pm

CAD declined 79pc in 2MFY25, NA told

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb said the Current Account Deficit (CAD) has declined...

Updated 12 Dec, 2024 09:07am

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

Business & Finance

Sept CA posts $119m surplus

KARACHI: Pakistan’s external account continues to show positive momentum, recording a second consecutive current...

Published 22 Oct, 2024 06:33am

Markets

Pakistan records $119mn current account surplus in September 2024

Development comes on back of massive increase in remittance inflows
This is the second successive month in which Pakistan's current account has posted surplus

Updated 21 Oct, 2024 11:32pm

Opinion

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report...

Published 15 Oct, 2024 06:47am

Markets

World Bank projects Pakistan’s GDP growth at 2.8% in FY25

The World Bank expects economic activity in Pakistan to continue recovering with real GDP growth estimated at 2.8%...

Updated 10 Oct, 2024 09:55pm

Business & Finance

Finance Division says economy indicating positive developments

ISLAMABAD: Inflation has dropped to single digit and is expected to remain within the range of eight percent to nine...

Published 28 Sep, 2024 07:16am

Higher returns thru Islamic banking perturb Senate panel?

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad, Wednesday, said that inflation is expected to remain...

Updated 26 Sep, 2024 09:03am

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

‘The Review’ of SBP: Timely realization of IMF lending to help revive inflows

SBP’s Mid-Year Performance Review of the Banking Sector mentions that Pakistan's macroeconomic environment has been improving with revival in economic activity

Updated 19 Sep, 2024 01:12pm

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

Markets

Analysts expect SBP to continue easing in next week’s monetary policy announcement

Most experts Business Recorder reached out to see decline between 100 to 200 bps

Updated 05 Sep, 2024 08:29pm

Improvement in indicators highlighted

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with a delegation of...

Updated 05 Sep, 2024 08:52am

Opinion

Tax burdens and fiscal discipline

After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,...

Published 04 Sep, 2024 07:06am

Editorials

Significant decline in C/A deficit

EDITORIAL: The current account (C/A) deficit fell sharply from 319 million dollars in the first quarter...

Published 21 Aug, 2024 07:10am

Business & Finance

July C/A deficit falls 78pc YoY on remittances

KARACHI: The country’s current account fell sharply, ie, 78 percent during the first month of this fiscal year...

Published 20 Aug, 2024 06:55am

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

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

FY24-25 to FY26-27: MoF cautions fiscal risks may affect MTBS forecasts

ISLAMABAD: Finance Ministry has cautioned that fiscal risks may lead to potential threats or uncertainty in fiscal...

Updated 20 Jul, 2024 09:24am

Business & Finance

Current account posts lowest deficit in 13 years

KARACHI: The country’s current account recorded 13-year lowest deficit in the last fiscal year 2023-24 (FY24)...

Published 20 Jul, 2024 05:34am

Markets

Pakistan’s current account posts deficit of $681mn in FY24

This is the lowest deficit in last 13 years
During June, current account balance stands at deficit of $329mn

Updated 19 Jul, 2024 10:44pm

Opinion

State of the economy

The fiscal year 2023-24 is likely to close with a mixed performance by the economy. On the positive side, there has...

Published 25 Jun, 2024 06:42am

Editorials

Latest macroeconomic data

EDITORIAL: Three major macroeconomic indicators were released end last week that did little to enhance the ...

Published 25 Jun, 2024 06:42am

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

Business & Finance

Primary payments: C/A posts $270m deficit in May

KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270...

Published 22 Jun, 2024 06:47am

Pakistan

Pakistan’s current account posts deficit of $270mn in May 2024

Overall, during 11 months of ongoing fiscal year, current account balance stands at deficit of $464mn

Updated 21 Jun, 2024 11:00pm

Growth target missed: Economic Survey

ISLAMABAD: Economy is likely to have expanded by 2.4% in the fiscal year that ends this month, missing a target of...

Updated 12 Jun, 2024 09:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

current account deficit

Most Popular