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foreign exchange

PM urged to impose ban on export of raw marble, granite

LAHORE: Chaudhry Khadim Hussain, a former executive committee member of the Lahore Chamber of Commerce and Industry...

Updated 20 Jan, 2025 09:40am

Editorials

Rise in home remittances

EDITORIAL: Remittances have soared by 33 percent to 17.845 billion dollars within the first half of the current...

Published 14 Jan, 2025 03:12am

Business & Finance

Fashion industry has potential to bring in more foreign exchange: Mahmoud Bhatti

KARACHI: Internationally renowned Pakistani-French fashion designer Mehmood Bhatti has emphasized that with...

Published 10 Jan, 2025 03:51am

BR Research

Remittances on a steady climb

The central bank data reveals that remittances experienced a 24 percent year-on-year growth in October 2024. The...

Published 11 Nov, 2024 09:07am

Business & Finance

Punjab govt dedicates 100 acres of land for shrimp farming

LAHORE: The Punjab government has dedicated 100 acres of land for shrimp farming in the first phase with an...

Published 28 Sep, 2024 07:16am

Markets

SBP-held foreign exchange reserves increase $43mn, now stand at $9.51bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43 million on a weekly basis,...

Updated 19 Sep, 2024 10:51pm

Editorials

‘Legal trade’ with neighbours

EDITORIAL: One of the great failures of South Asian politics has clearly been the failure to exploit the region’s...

Published 10 Sep, 2024 06:32am

China seeks RMB pilot project at Gwadar Free Zone

ISLAMABAD: China has asked Pakistan to establish RMB internationalization pilot project in Gwadar Free Zone to...

Updated 05 Sep, 2024 08:55am

Pakistan

Pensioners residing abroad drawing pensions in foreign exchange

ISLAMABAD: A number of pensioners, who are residing abroad, are drawing their pensions in foreign exchange to which...

Published 30 Aug, 2024 06:08am

Business & Finance

External debt-to-GDP ratio hits 6-year low

KARACHI: Pakistan’s external debt to GDP ratio fell to 6 years low, ie, 26 percent at the end of the last fiscal...

Updated 16 Aug, 2024 03:15pm

Markets

SBP-held foreign exchange reserves increase $119mn, now stand at $9.27bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $119 million on a weekly basis,...

Updated 15 Aug, 2024 11:56pm

Increasing Pakistan’s exports: ‘allow increase in forex retention’

KARACHI: Former Chairman of the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) Tauqeer Ul Haq said...

Updated 12 Aug, 2024 10:32am

Business & Finance

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Business & Finance

Foreign exchange buying, selling for individuals: LCCI successfully hosts awareness session

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) successfully hosted an Awareness Session on Foreign...

Published 09 Aug, 2024 06:56am

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

Int’l arbitration with SHPL: PPIB seeks forex to cover expenses

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought foreign exchange to meet outstanding...

Updated 26 Jul, 2024 09:01am

Markets

SBP-held foreign exchange reserves decrease $397mn, now stand at $9.02bn

Total liquid foreign reserves held by the country stand at $14.33 billion

Updated 25 Jul, 2024 11:32pm

Business & Finance

‘Transit trade to boost economy’

KARACHI: Transit trade will not only become a source of enormous trade development but also a resource generation ...

Published 21 Jul, 2024 03:29am

Profit, dividend: Foreign investors repatriate record $918m in May

KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during...

Updated 28 Jun, 2024 08:23am

Commodity traders seek permission to export surplus wheat

KARACHI: Pakistan can earn a foreign exchange of over $300 million through the export of one million tons of surplus...

Updated 25 Jun, 2024 08:27am

Markets

Bumper production: CAP urges govt to allow export of wheat, by-products

KARACHI: Pakistani traders have formally requested the federal government to allow the export of wheat and wheat...

Published 05 Jun, 2024 07:47am

Business & Finance

UBL Currency Exchange launched

KARACHI: United Bank Limited (UBL) announced the official launch of UBL Currency Exchange, a wholly-owned subsidiary...

Published 05 Jun, 2024 07:47am

BR Research

Profit and dividend repatriation in 10MFY24

Profit and dividend repatriation on FDI during 10MFY24 has exceeded the FY23 annual tally by three times already....

Published 05 Jun, 2024 06:40am

Business & Finance

IT exports: Changes in equity investment abroad policy okayed by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity...

Published 04 Jun, 2024 06:28am

Opinion

Time to act: 9 cents/kWh

The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...

Updated 15 May, 2024 06:28am

BR Research

Hot money returns

Pakistan’s economy is getting hot for international debt portfolio investors. There are some inflows by foreigners...

Published 26 Apr, 2024 07:40am

Markets

Rupee sustains minor loss against US dollar

Currency settles at 278.48 in inter-bank market

Updated 25 Apr, 2024 09:59pm

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

Business & Finance

T-bills attract net inflow of $82mn in March to hit 4-year high

US dollar inflows in Pakistan through Treasury bills (T-bills) hit a 4-year high in March 2024 as the country...

Published 02 Apr, 2024 11:45pm

Opinion

Start manufacturing, stop assembling

In the year 1992 on my return from abroad, I wanted to book a Japanese car under ‘transfer of residence’. As I...

Published 02 Apr, 2024 04:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.50 ▲ 0.90 (10.47%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)

Stock	Price
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.02 ▼ -0.79 (-8.05%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	525.02 ▼ -44.94 (-7.88%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.51 ▼ -6.06 (-7.71%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.90 ▼ -1.34 (-7.35%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)
Tri-Star Mutual / Jan 21 Tri-Star Mutual Fund Limited(TSMF)	7.02 ▼ -0.54 (-7.14%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	92,135,828 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	65,201,375 ▲ 0.19
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.38
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.08
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	46,720,174 ▲ 1.24
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.20
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -2.25
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -3.00
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	21,015,517 ▼ -1.30

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