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digital currency

Saudi Arabia joins BIS- and China-led central bank digital currency project

LONDON: Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be...

Published 06 Jun, 2024 03:09am

Aurangzeb says mulling introducing digital currency potential

RIYADH: Federal Minister for Finance Muhammad Aurangzeb said on Sunday that his government was considering taking an...

Updated 29 Apr, 2024 08:56am

Markets

Fed’s Barr says central bank ‘a long way’ from any decision on issuing digital currency

WASHINGTON: The Federal Reserve’s top regulatory official said on Friday the central bank is “a long way” from any...

Published 08 Sep, 2023 06:53pm

Perspectives

Digital currency: a game-changer for documenting the economy

In recent years, digital money and payment systems have become the significant tools for improving the tracking of...

Published 19 Aug, 2023 07:30pm

Business & Finance

SNB to launch digital currency pilot: chairman

ZURICH: The Swiss National Bank (SNB) is to issue a wholesale central bank digital currency (CBDC) on ...

Published 03 Jul, 2023 06:04am

Business & Finance

Don’t blame customers in incidents of frauds and scams, SBP official tells banks

Says abhorrent treatment of customers by banks keeps them financially excluded

Updated 08 Feb, 2023 10:49pm

Business & Finance

BoE and Treasury think UK is 'likely' to need digital currency

LONDON: The Bank of England (BoE) and Britain's finance ministry think the UK is likely to need to create a central...

Published 05 Feb, 2023 12:22am

Business & Finance

Payments from customers: SBP plans to launch QR Code-based ‘P2M’ system by 2023

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed Wednesday announced plans to launch Quick Response or QR...

Published 24 Nov, 2022 04:28am

Business & Finance

BNY Mellon to offer crypto services

Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to...

Published 11 Oct, 2022 07:32pm

Markets

SWIFT sets out blueprint for central bank digital currency network

LONDON: Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency ...

Published 05 Oct, 2022 08:06pm

Markets

UK think tank calls for global digital currency rules

LONDON: Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up...

Published 08 Jul, 2022 05:20pm

Markets

Bank of Israel still unsure on digital shekel but garners public support

JERUSALEM: Israel’s central bank said on Monday it had received public support for its plans to possibly issue a...

Published 09 May, 2022 06:01pm

Business & Finance

Uganda’s central bank weighs issuance of digital currency

KAMPALA: Uganda’s central bank is considering whether to issue a digital currency and has not banned...

Published 09 May, 2022 05:39am

Markets

China central bank expands digital yuan pilot scheme to more cities

SHANGHAI: China's central bank said on Saturday it will further expand a pilot scheme of its digital currency to...

Updated 02 Apr, 2022 10:18pm

Opinion

A digital dollar is years away as Fed kicks issue to Congress

While the Federal Reserve’s paper on potentially adopting a central bank digital currency (CBDC) will advance...

Published 25 Jan, 2022 05:03am

World

North Korean hackers stole $400 mn in crypto in 2021: Chainalysis

WASHINGTON: North Korean hackers stole around $400 million worth of cryptocurrency through cyberattacks on digital...

Published 14 Jan, 2022 05:00pm

Markets

Thai central bank to test retail digital currency later than planned

BANGKOK: Thailand's central bank said on Friday it expects to test its retail central bank digital currency (CBDC)...

Published 24 Dec, 2021 02:30pm

Opinion

Digital currency can make the financial system safer—II

The Bank of International Settlements in its own studies discovered that at least one-fifth of the world’s...

Updated 04 Dec, 2021 12:10pm

Opinion

Digital currency can make the financial system safer—I

Traditionally, banking industry has been very slow in adopting changes and embracing technology in its routine...

Published 02 Dec, 2021 03:57am

Markets

India central bank may launch digital currency pilot next year: report

MUMBAI: The Reserve Bank of India's digital currency may see its pilot launch in the first quarter of the next ...

Published 18 Nov, 2021 11:32am

Business & Finance

Nigeria launches eNaira digital currency

ABUJA: Nigerian President Muhammadu Buhari launched the country's new digital eNaira currency on Monday as Africa's...

Published 26 Oct, 2021 04:39am

Technology

'Unintentional gift': US steps into China's bitcoin breach

ROCKDALE: The long sheds at North America's largest bitcoin mine look endless in the Texas sun, packed with the type...

Published 17 Oct, 2021 10:29am

Business & Finance

Cryptocurrencies: 'SECP has not issued licence to any trading platform'

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has not issued approval/license to any trading...

Updated 29 Sep, 2021 12:08pm

Markets

UAE says to launch digital currency within five years

The announcement is part of its "2023-2026 strategy" which aims to "position it among the world's top 10 central banks".
China launched the race in March with the start of a test phase of its digital yuan.

Published 12 Jul, 2021 08:37pm

World

South Korean toilet turns excrement into power and digital currency

ULSAN, (South Korea): Using a toilet can pay for your coffee or buy you bananas at a university in South Korea, ...

Published 12 Jul, 2021 05:26am

Business & Finance

Nigeria to launch pilot digital currency by year-end

ABUJA: Nigeria’s Central Bank is preparing a digital currency pilot that could launch as early as the end of this...

Published 21 Jun, 2021 03:43am

Business & Finance

French and Swiss central banks to trial wholesale digital currencies

The experiment will focus on the bank-to-bank 'wholesale' lending market rather than everyday public transactions but will be the first time a digital euro and Swiss franc have been fully tested.
The eurozone is adapting to a "strong trend" towards the digitalisation of payments," said Bank of France Deputy Governor Sylvie Goulard.

Published 10 Jun, 2021 05:58pm

Markets

Dollar steadies ahead of Fed, cryptos plummet after China move

Cryptocurrencies plunge after China regulatory move.
Fed minutes loom on horizon.
UK, Canada inflation numbers swell.

Published 19 May, 2021 07:29pm

Business & Finance

Bitcoin drops to 3-month low

NEW YORK/LONDON: Bitcoin fell to a three-month low on Monday in a volatile session that saw investors selling and...

Updated 18 May, 2021 09:33am

Markets

Bitcoin drops to 3-month low in wild trading after Musk tweets

Musk tweets that Tesla has not sold bitcoin
Ether and dogecoin dive also
Bitcoin, dogecoin and ether all up year to date.

Published 17 May, 2021 09:42pm

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
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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