Trends - interest rate - Business Recorder

Pakistan

Business leader says JI has transformed into ‘pressure group’

LAHORE: Chairman Supreme Council Anjuman Tajiran Naeem Mir has alleged that Jamaat-e-Islami has transformed into a...

Published 29 Sep, 2024 02:46am

Markets

Japan’s Nikkei books best week since mid-Aug

TOKYO: Japan’s Nikkei share average rose on Friday and logged its best week since mid-August, but gains were ...

Published 21 Sep, 2024 06:43am

Markets

European shares slip but set for weekly gains

PARIS: European shares slipped on Friday after a rally in the previous session spurred by the US Federal Reserve’s...

Published 21 Sep, 2024 06:43am

Business & Finance

Turkish central bank keeps rates steady, alters guidance

ISTANBUL: Turkiye’s central bank held its main interest rate steady at 50% for a sixth straight month on Thursday as...

Updated 19 Sep, 2024 06:16pm

Business & Finance

SAI chief condemns 2pc cut in interest rate

KARACHI: Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has criticized the State Bank of...

Published 14 Sep, 2024 06:56am

Business & Finance

UBG seeks more 3pc cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have criticised the State Bank’s mere 2% reduction in the interest...

Published 14 Sep, 2024 06:45am

Business & Finance

SBP Overnight Repo rates

KARACHI: The State Bank of Pakistan (SBP) has decided to decrease ‘Policy Rate’ (Target Rate) from 19.50 percent...

Published 13 Sep, 2024 06:13am

Business & Finance

PHMA wants interest rate in single-digit

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged the State Bank to cut interest...

Published 13 Sep, 2024 06:13am

Business & Finance

SBP made its most aggressive move on the interest rate, but business associations are still unhappy

The State Bank of Pakistan (SBP) moved more aggressively on the key interest rate than what the wider market had...

Updated 12 Sep, 2024 09:26pm

Markets

Most aggressive cut since April 2020: SBP reduces key policy rate by 200bps, brings it down to 17.5%

Pace of disinflation exceeded earlier expectations, says central bank
The previous occasion SBP moved with this quantum of reduction was in April 2020

Updated 12 Sep, 2024 10:54pm

Markets

KSE-100 gains on anticipation of reduction in key policy rate

Bullish sentiments were witnessed at the Pakistan Stock Exchange (PSX), amid expectations of further reduction in...

Updated 12 Sep, 2024 10:05pm

World

Fed seen cutting policy rate by 25 bps next week

WASHINGTON: US central bankers will likely start long-awaited interest-rate cuts next week with a...

Published 12 Sep, 2024 03:48am

Business & Finance

Traders urge govt to reduce interest rate to boost economic growth

PESHAWAR: Members of the business community urged the government to reduce the current interest rate for economic...

Published 10 Sep, 2024 06:32am

Business & Finance

Business leader for 10pc cut in policy rate

KARACHI: Pakistan’s renowned industrialist and United Business Group (UBG) leader, Farhan Hanif, has urged the...

Published 10 Sep, 2024 06:32am

Business & Finance

UBG demands cut in interest rate

KARACHI: Leaders of United Business Group (UBG) have demanded the government to reduce interest rates by 4 to 5...

Published 10 Sep, 2024 06:32am

Opinion

Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to...

Updated 09 Sep, 2024 08:02am

Business & Finance

FPCCI seeks 400bps cut in interest rate

LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and ...

Updated 07 Sep, 2024 09:00am

Business & Finance

Further ease in monetary policy stance expected

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy...

Published 06 Sep, 2024 07:53am

Business & Finance

KCCI chief urges SBP to reduce interest rate ‘substantially’

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI)...

Published 05 Sep, 2024 06:19am

Business & Finance

Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans

LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for...

Published 28 Aug, 2024 06:22am

Print

MoF, SBP inform Senate panel: Govt borrowed from IMF at 5.09pc interest rate in 2023

Senate Standing Committee on Economic Affairs seeks details of utilisation of the loan

Updated 23 Aug, 2024 11:28am

Opinion

Against monetary dogma

“We’re captive on the carousel of time,” sang Joni Mitchell, “and go round and round and round/In the circle game.”...

Published 20 Aug, 2024 07:08am

Business & Finance

Investment in Pakistan: Govt urged to collaborate with FPCCI

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a...

Published 16 Aug, 2024 06:56am

Opinion

Need for revisiting 2 percent inflation target

‘The stock market crash is – perhaps – the long-awaited signal of a US economic slump.…The market meltdown...

Published 09 Aug, 2024 06:56am

Editorials

SBP Governor: cautious optimism

EDITORIAL: The Governor of State Bank of Pakistan, Jamil Ahmed, clarified to the National Assembly’s Standing...

Published 09 Aug, 2024 06:56am

Print

Briefing to NA panel: SBP governor seeks structural reforms in key sectors

ISLAMABAD: There is a need for structural reforms in various sectors of the economy to tackle the existing...

Updated 08 Aug, 2024 08:58am

Business & Finance

Dagha underscores need for ‘substantial’ policy rate cut

KARACHI: Chairman Policy Research Advocacy Council of Karachi Chamber of Commerce & Industry (PRAC-KCCI) ...

Updated 07 Aug, 2024 07:29am

Business & Finance

‘Meagre’ cut in interest rate termed disappointing

KARACHI: United Business Group (UBG) leadership, comprising S M Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar,...

Published 01 Aug, 2024 06:06am

Business & Finance

ICMA advocates further cut in interest rate

KARACHI: The Institute of Cost and Management Accountants (ICMA) has welcomed the recent decision by the State Bank...

Published 31 Jul, 2024 06:50am

Business & Finance

Cut in interest rate termed ‘insignificant’

KARACHI: Terming the recent cut in interest rate insignificant, experts and industry leaders have asked the State...

Published 31 Jul, 2024 06:40am