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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

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Dewan Textile / May 5 Dewan Textile Mills Limited(DWTM)	5.80 ▲ 0.8 (16%)
Dadabhoy Cement / May 5 Dadabhoy Cement Industries Limited(DBCI)	4.99 ▲ 0.68 (15.78%)
Pak Gen.Ins. / May 5 The Pakistan General Insurance Co. Ltd.(PKGI)	8.86 ▲ 1 (12.72%)
Gulistan Sp. / May 5 Gulistan Spinning Mills Limited(GUSM)	7.75 ▲ 0.87 (12.65%)
Dewan Mushtaq / May 5 Dewan Mushtaq Textile Mills Limited(DMTM)	8.96 ▲ 1 (12.56%)
Dost Steels Ltd. / May 5 Dost Steels Limited(DSL)	8.88 ▲ 0.91 (11.42%)
PICIC Ins.Ltd. / May 5 PICIC Insurance Limited(PIL)	3.57 ▲ 0.34 (10.53%)
Cresent Jute / May 5 Crescent Jute Products Limited(CJPL)	3.48 ▲ 0.33 (10.48%)
First Elite Cap.Mod / May 5 First Elite Capital Modaraba(FECM)	15.35 ▲ 1.4 (10.04%)
Bawany Air Products / May 5 Bawany Air Products Limited(BAPL)	30.75 ▲ 2.8 (10.02%)

Stock	Price
Al-Khair Gadoon / May 5 Al-Khair Gadoon Limited(AKGL)	44.05 ▼ -4.85 (-9.92%)
EMCO Industries / May 5 Emco Industries Limited(EMCO)	40.29 ▼ -3.98 (-8.99%)
Quetta Textile / May 5 Quetta Textile Mills Limited(QUET)	11.90 ▼ -1.04 (-8.04%)
Nishat Chun.Pow. / May 5 Nishat Chunian Power Limited(NCPL)	25.42 ▼ -2.1 (-7.63%)
Gulshan Sp. / May 5 Gulshan Spinning Mills Limited(GSPM)	3.12 ▼ -0.22 (-6.59%)
Pakgen Power / May 5 Pakgen Power Limited(PKGP)	112.14 ▼ -7.13 (-5.98%)
LSE Ventures / May 5 LSE Ventures Limited(LSEVL)	9.82 ▼ -0.57 (-5.49%)
Nishat Power / May 5 Nishat Power Limited(NPL)	35.73 ▼ -2.07 (-5.48%)
AKD Hospitality / May 5 AKD Hospitality Limited(AKDHL)	130.78 ▼ -6.48 (-4.72%)
ZIL Limited / May 5 ZIL Limited(ZIL)	287.30 ▼ -13.34 (-4.44%)

Stock	Volume
Power Cement / May 5 Power Cement Limited(POWER)	41,339,300 ▲ 0.98
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	23,846,954 ▲ 0.07
Maple Leaf Cement / May 5 Maple Leaf Cement Factory Limited(MLCF)	23,586,230 ▲ 2.16
Sui South Gas / May 5 Sui Southern Gas Company Limited(SSGC)	23,162,665 ▼ -0.22
Hascol Petrol / May 5 Hascol Petroleum Limited(HASCOL)	20,170,918 ▲ 0.59
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	17,639,480 ▲ 0.14
B.O.Punjab / May 5 The Bank of Punjab(BOP)	17,036,462 ▲ 0.32
Dewan Cement / May 5 Dewan Cement Limited(DCL)	16,055,248 ▲ 0.58
D.G.K.Cement / May 5 D.G. Khan Cement Company Limited(DGKC)	14,728,440 ▲ 5.92
Fauji Cement / May 5 Fauji Cement Company Limited(FCCL)	14,618,227 ▲ 1.21

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