Trends - interest rate hikes - Business Recorder

AGL 40.21 ▲ 0.18 (0.45%)

AIRLINK 127.64 ▼ -0.06 (-0.05%)

BOP 6.67 ▲ 0.06 (0.91%)

CNERGY 4.45 ▼ -0.15 (-3.26%)

DCL 8.73 ▼ -0.06 (-0.68%)

DFML 41.16 ▼ -0.42 (-1.01%)

DGKC 86.11 ▲ 0.32 (0.37%)

FCCL 32.56 ▲ 0.07 (0.22%)

FFBL 64.38 ▲ 0.35 (0.55%)

FFL 11.61 ▲ 1.06 (10.05%)

HUBC 112.46 ▲ 1.69 (1.53%)

HUMNL 14.81 ▼ -0.26 (-1.73%)

KEL 5.04 ▲ 0.16 (3.28%)

KOSM 7.36 ▼ -0.09 (-1.21%)

MLCF 40.33 ▼ -0.19 (-0.47%)

NBP 61.08 ▲ 0.03 (0.05%)

OGDC 194.18 ▼ -0.69 (-0.35%)

PAEL 26.91 ▼ -0.60 (-2.18%)

PIBTL 7.28 ▼ -0.53 (-6.79%)

PPL 152.68 ▲ 0.15 (0.1%)

PRL 26.22 ▼ -0.36 (-1.35%)

PTC 16.14 ▼ -0.12 (-0.74%)

SEARL 85.70 ▲ 1.56 (1.85%)

TELE 7.67 ▼ -0.29 (-3.64%)

TOMCL 36.47 ▼ -0.13 (-0.36%)

TPLP 8.79 ▲ 0.13 (1.5%)

TREET 16.84 ▼ -0.82 (-4.64%)

TRG 62.74 ▲ 4.12 (7.03%)

UNITY 28.20 ▲ 1.34 (4.99%)

WTL 1.34 ▼ -0.04 (-2.9%)

BR100 10,086 85.5 (0.85%)

BR30 31,170 168.1 (0.54%)

KSE100 94,764 571.8 (0.61%)

KSE30 29,410 209 (0.72%)

اردو

Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

interest rate hikes

ECB books first loss since 2004 as rate hikes bite

ECB books first loss since 2004 as rate hikes bite

FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,...

Published 23 Feb, 2024 06:36am

OECD sees ‘sub-par’ growth as high rates bite

Business & Finance

OECD sees ‘sub-par’ growth as high rates bite

PARIS: The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as...

Published 20 Sep, 2023 06:28am

Global debt hits record $307trn

Business & Finance

Global debt hits record $307trn

NEW YORK: Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates...

Published 20 Sep, 2023 06:28am

BoE hikes rate 14th time in row

Print

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

Fed doublespeak

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

SBP keeps key policy rate unchanged at 22%

Pakistan

SBP keeps key policy rate unchanged at 22%

Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference

Updated 31 Jul, 2023 06:43pm

Further jump in key policy rate to deepen economic crisis: BMP

Business & Finance

Further jump in key policy rate to deepen economic crisis: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has warned the...

Published 31 Jul, 2023 06:58am

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December

Business & Finance

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December

Schedules 4 huddles during six-month period, with the first one of the new fiscal year on July 31

Published 14 Jul, 2023 10:42pm

US small business lending holding up

Business & Finance

US small business lending holding up

NEW YORK: US small businesses are paying the most for loans in 16 years as borrowing costs have skyrocketed under ...

Published 14 Jul, 2023 06:22am

IMF’s Executive Board meeting on Pakistan set for July 12

Pakistan

IMF’s Executive Board meeting on Pakistan set for July 12

The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30

Updated 06 Jul, 2023 09:55am

SBP raises key policy rate by 100bps to 22% after ‘emergency meeting’

Business & Finance

SBP raises key policy rate by 100bps to 22% after ‘emergency meeting’

Cites upward revisions in taxes, duties and PDL in FY24 budget and lifting of import restrictions as factors that slightly deteriorate inflation outlook

Updated 26 Jun, 2023 08:10pm

Copper heads for weekly drop on hawkish rate hikes

Markets

Copper heads for weekly drop on hawkish rate hikes

LONDON: Copper prices were heading for a weekly drop on Friday after three weeks of gains as concerns over global...

Published 26 Jun, 2023 06:38am

Oil dips on demand worries as more rate hikes likely

Markets

Oil dips on demand worries as more rate hikes likely

HOUSTON: Oil prices fell on Friday, headed for a weekly decline as traders worried interest rate hikes could sap...

Published 26 Jun, 2023 06:38am

Gold on track for worst week since Feb on hawkish Fed

Markets

Gold on track for worst week since Feb on hawkish Fed

NEW YORK: Gold prices on Friday were heading for their biggest weekly percentage fall in over four months, weighed ...

Published 26 Jun, 2023 06:38am

European shares post worst week in three months

Markets

European shares post worst week in three months

PARIS: European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that...

Published 26 Jun, 2023 06:38am

BIS warns world economy at critical juncture in inflation fight

Business & Finance

BIS warns world economy at critical juncture in inflation fight

LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for...

Published 26 Jun, 2023 06:38am

OECD sees limited growth pick-up as rate hikes weigh

Business & Finance

OECD sees limited growth pick-up as rate hikes weigh

PARIS: Global economic growth will pick up only moderately over the next year as the full effects of central bank...

Published 08 Jun, 2023 06:30am

BOE raises rates

Business & Finance

BOE raises rates

LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday and...

Published 12 May, 2023 05:59am

ECB slows rate hike pace but signals more to come

Business & Finance

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

HCSTSI flays increase in interest rate

Business & Finance

HCSTSI flays increase in interest rate

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani ...

Published 10 Apr, 2023 06:45am

Inflation to remain high despite policy rate hike: analyst

Business & Finance

Inflation to remain high despite policy rate hike: analyst

KARACHI: The State Bank of Pakistan’s (SBP) decision to increase key policy rate by 100 basis points to a record...

Published 10 Apr, 2023 06:45am

KATI chief assails interest rate hike

Business & Finance

KATI chief assails interest rate hike

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has rejected the decision of...

Published 06 Apr, 2023 06:20am

Biotech IPOs to bloom with spotlight on startups with human trial data

Markets

Biotech IPOs to bloom with spotlight on startups with human trial data

BENGALURU: Initial public offerings by small private biotech companies are poised to stage a comeback later in 2023...

Published 31 Mar, 2023 06:45am

Fed to balance banking woes, inflation in this rate decision

Business & Finance

Fed to balance banking woes, inflation in this rate decision

WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent...

Published 20 Mar, 2023 06:12am

OECD hikes growth outlook

Business & Finance

OECD hikes growth outlook

PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising...

Published 18 Mar, 2023 06:14am

Weak global demand, rate hikes may curtail India growth

Business & Finance

Weak global demand, rate hikes may curtail India growth

NEW DELHI: Weak global demand and monetary tightening by the Indian central bank could further drag down economic...

Published 06 Mar, 2023 07:38am

Steel industry concerned at interest rate hike

Print

Steel industry concerned at interest rate hike

ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability...

Updated 03 Mar, 2023 09:01am

ECB raises rates, signals at least one more hike

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

BoE hints rates near peak after 10th hike

Business & Finance

BoE hints rates near peak after 10th hike

LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised...

Published 03 Feb, 2023 06:17am

Fed delivers small rate hike, still expects ‘ongoing increases’

Business & Finance

Fed delivers small rate hike, still expects ‘ongoing increases’

WASHINGTON: The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet...

Published 02 Feb, 2023 06:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular

Today
Yesterday
Past 3 Days

NJLI Sarmaya Growth Fund Rates

Agri income levy: Punjab govt emulates FBR’s super tax structure

Agri income levy: Punjab govt emulates FBR’s super tax structure

IPP owner Shahid Abdullah barred from traveling abroad amid money laundering inquiry

IPP owner Shahid Abdullah barred from traveling abroad amid money laundering inquiry

Bangladesh’s textile triumph

Bangladesh’s textile triumph

Aurangzeb rules out ‘mini-budget’

Aurangzeb rules out ‘mini-budget’

Input tax claim and credit: SC defines applicability of Section 8 of Sales Tax Act

Input tax claim and credit: SC defines applicability of Section 8 of Sales Tax Act

Undisclosed foreign bank accounts, recovery of looted money: SC seeks reports from FBR and FIA

Undisclosed foreign bank accounts, recovery of looted money: SC seeks reports from FBR and FIA

Roll back state control in economy, IMF tells govt

Roll back state control in economy, IMF tells govt

In its ‘strategy report’, AHL says KSE-100 to hit 120,000 by December 2025

In its ‘strategy report’, AHL says KSE-100 to hit 120,000 by December 2025