Trends - foreign exchange - Business Recorder

Opinion

Maritime sector

Even after 75 years since its creation, Pakistan has never paid its utmost attention to its maritime sector. The ...

Published 23 Nov, 2022 05:55am

Business & Finance

Rouble holds between 60-61 vs dollar

MOSCOW: The Russian rouble traded in a narrow range against the dollar on Friday, weighed down by oil prices...

Published 21 Nov, 2022 05:59am

Editorials

Dip in remittances

EDITORIAL: Remittance inflows, a desired form of inflows like exports, declined to 9,900.5 million dollars...

Published 18 Nov, 2022 05:53am

Markets

Pakistan’s perceived default risk worsens 'owing to IMF uncertainty'

Expert says CDS would normalise after inflows from friendly countries and global lender are realised

Updated 16 Nov, 2022 06:26pm

Markets

Rupee's appreciation run ends, settles at 221.64 against US dollar

Currency loses 0.1% in inter-bank market

Updated 11 Nov, 2022 06:40pm

Pakistan

SBP, FIA team up to take action against illegal forex operators

KARACHI: The State Bank of Pakistan (SBP) and Federal Investigation Agency (FIA) have decided to take joint action...

Published 09 Nov, 2022 03:41am

Print

SBP takes big step to contain forex outflow

KARACHI: In a major move to contain the outflow of foreign exchange from the country, the State Bank of Pakistan...

Updated 09 Nov, 2022 09:35am

Print

OICCI members: FBR urged to clear Rs80bn refunds

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of...

Updated 02 Nov, 2022 09:42am

Business & Finance

Storage facilities for agri commodities: SBP urged to incentivise private banks to increase lending

ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended to the State Bank of Pakistan (SBP) to...

Published 18 Oct, 2022 06:02am

Pakistan

APTMA concerned over arrest of Hamid Zaman

LAHORE: All Pakistan Textile Mills Association (APTMA) has expressed deep grief and concerns over the arrest of its...

Published 11 Oct, 2022 05:54am

Print

SBP to complete probe soon into alleged FX manipulation

KARACHI: Central bank will soon complete an investigation into alleged manipulation by commercial banks of foreign...

Published 06 Oct, 2022 06:08am

Business & Finance

LCCI urges ministers, SBP to solve problems faced by importers

LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval...

Published 04 Oct, 2022 05:55am

Markets

Full compensation sought for all companies: Oil industry suffers Rs50bn losses due to forex issues

LAHORE: The oil industry has suffered a loss of Rs 50 billion on account of foreign exchange losses between July 1,...

Published 03 Oct, 2022 05:52am

Opinion

Dar, diplomacy & economic viability–II

Pakistan is still relying on the traditional methods to generate foreign exchange. The major export items to the USA...

Published 02 Oct, 2022 05:48am

Print

PKR consideration of CE transactions thru bank accounts made mandatory

KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of...

Updated 01 Oct, 2022 11:04am

Print

No ban on transit trade transactions: SBP

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that there is no ban on transit trade transactions...

Updated 29 Sep, 2022 09:47am

BR Research

Much ado about nothing?

Banks are under scrutiny for making so called exuberant profits on foreign exchange earnings. Some of have made more...

Published 22 Sep, 2022 09:01am

Business & Finance

Indian rupee sees worst week in five

MUMBAI: The Indian rupee marked its worst week in five on Friday, as risk sentiment was hit by the Chinese yuan...

Published 19 Sep, 2022 05:45am

Editorials

Spurring forex inflows need of the hour

EDITORIAL: Home remittances inched up from the previous month to $2.7 billion in August 2022. However, in the first...

Published 16 Sep, 2022 06:04am

Business & Finance

Restrictions still in place for import of raw materials, says FPCCI

KARACHI: Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Suleman Chawla has...

Published 15 Sep, 2022 05:57am

Markets

IPPAC seeks to discuss arbitration, other issues with Secretary Power

ISLAMABAD: The Independent Power Producers Advisory Council (IPPAC) has sought appointment from Secretary Power this...

Published 13 Sep, 2022 06:12am

Business & Finance

PAJCCI chief apprises Miftah, Naveed of bilateral, transit trade issues

KARACHI: Chairman Pakistan Afghanistan Joint Chamber of Commerce and industry (PAJCCI), Zubair Motiwala has...

Published 01 Sep, 2022 05:50am

Print

Import of spare parts, machinery: IPPs demand withdrawal of curbs

ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ...

Updated 26 Aug, 2022 09:45am

Markets

Alarming level: SBP-held foreign exchange reserves fall $87mn, now stand at $7.8bn

Total liquid forex reserves held by Pakistan stand at $13.52 billion

Published 25 Aug, 2022 07:52pm

Business & Finance

Pakistan’s REER falls to 93.2 in July

A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive

Updated 24 Aug, 2022 06:37pm

Opinion

PARTLY FACETIOUS: Nawaz Sharif’s exposure to British culture limited to…

“I tell you it’s Rwanda or bust!” “So you reckon instead of London plans and need I add all three leaders ...

Published 19 Aug, 2022 05:57am

Pakistan

‘Pakistan needs plan for import substitution’

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor has said that Pakistan needs plan for import...

Published 17 Aug, 2022 06:07am

Print

SBP allows ECs to export dollar on consignment basis

ECs will bring the export proceeds in their USD account maintained with banks in Pakistan within three days

Updated 17 Aug, 2022 10:13am

Markets

TMA Chairman urges govt to resolve refund matters, energy issues

KARACHI: Government should immediately resolve the refund matters, energy issues to boost the Export oriented ...

Published 17 Aug, 2022 06:07am

Business & Finance

Country direly needs export-led growth: LCCI chief

LAHORE: Pakistan direly needs export-led growth as it brings-in valuable foreign exchange, generates revenue for the...

Published 17 Aug, 2022 06:07am