Trends - FX market - Business Recorder

FX market

IMF welcomes SBP's decision to keep key policy rate unchanged

The International Monetary Fund (IMF) has welcomed the State Bank of Pakistan’s (SBP) Monetary Policy Committee...

Updated 11 May, 2024 05:17pm

Editorials

SBA’s first tranche: So why the delay?

EDITORIAL: International Monetary Fund’s (IMF’s) Board calendar till 14 December surprisingly does not include...

Published 07 Dec, 2023 04:35am

Opinion

Caretakers must ensure fiscal discipline

The last official document on the state of the economy prior to the end of the tenure of the eleven-party coalition...

Published 21 Aug, 2023 06:43am

Business & Finance

Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

TOKYO: Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an...

Updated 23 Sep, 2022 05:41pm

Opinion

The rupee slide

The blame game as to which factor is more predominant in the erosion of the rupee is continuing. The Pakistan...

Published 01 Aug, 2022 06:51am

Business & Finance

Sterling edges up

LONDON: Sterling rose slightly on Monday but remained within recent ranges as analysts said concerns about economic...

Published 26 Oct, 2021 04:39am

Markets

Pakistan's foreign exchange reserves fall to $24.875 billion

Reserves fall over $250 million on a weekly basis, according to data released by the SBP

Published 29 Jul, 2021 08:35pm

Business & Finance

Banks tighten grip on FX market as algo trading rises

LONDON: Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market...

Published 12 Jul, 2021 05:26am

Business & Finance

Sterling skids after BoE holds rates at all-time low

LONDON: Sterling slipped on Thursday after the Bank of England kept - as expected - the size of its stimulus...

Published 25 Jun, 2021 04:20am

Markets

Sterling shoots up one cent after falling overnight below $1.38

The pound rose 0.6% versus a weakening dollar to $1.3880, after falling to $1.3786, its lowest of since April 16.
Currency markets are fully pricing in a 30 basis point hike in rates by the BoE by December 2022.

Published 21 Jun, 2021 04:51pm

Markets

Sterling rises as Britain gets ready for April re-opening

After rising above $1.42 in February to its highest level against the dollar since April 2018, sterling lost some ground versus the greenback in March.

Published 01 Apr, 2021 12:07am

Business & Finance

Early trade in New York: Dollar rises against major currencies

NEW YORK: The dollar gained on Monday in choppy trading, with the euro languishing below $1.18 and commodity...

Published 30 Mar, 2021 05:45am

Markets

U.S. dollar rises as sentiment turns cautious on hedge fund default concerns

The dollar index, a measure of the greenback's value against six other major currencies, hit as high as 92.919, its strongest level since November last year.

Published 30 Mar, 2021 02:34am

Business & Finance

Sterling slips as BoE says recovery outlook still unclear

LONDON: Sterling slipped against the dollar and cut some of its earlier gains versus the euro on Thursday as the ...

Published 19 Mar, 2021 05:32am

Business & Finance

Sterling holds above $1.39

LONDON: Sterling held above $1.39 on Monday after falling more than 1 cent versus the dollar on Friday as hopes for...

Updated 16 Mar, 2021 09:34am

Markets

Brazil central bank announces up to $1bn FX swap intervention for Thursday

"The central bank's recent proactive stance with its interventions ... seems to be here to stay in the near term," they wrote in a note, citing increased nervousness over inflation. "This adds another layer of support for the real."

Published 11 Mar, 2021 11:02am

Business & Finance

Sterling falls

LONDON: Sterling fell on Friday as Britain’s third national lockdown sparked the sharpest drop in business ...

Published 23 Jan, 2021 03:56am

Business & Finance

FX trading volumes jump 10pc in December

LONDON: Average daily foreign exchange trading volumes rose 10% in December from a year earlier to $1.76 trillion,...

Published 21 Jan, 2021 04:23am

Markets

South Korea to step up monitoring of FX liquidity for non-banking institutions

As part of the guidelines, financial authorities will introduce three indicators to help monitor the dollar funding and operation of non-banking companies, the finance ministry said.

Published 20 Jan, 2021 11:12am

Markets

Zloty eases after Polish central bank keeps rates steady

The zloty eased after the bank's comments, moving away from the 4.52 mark it had been at for most of the day.
In line with our expectations, there was no change in interest rates.

Published 13 Jan, 2021 09:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Cotton US¢/pound / Nov 22	70.12
Petrol/Litre / Nov 23	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 23 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 23 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 23 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

FX market

Most Popular