Trends - interest rate - Business Recorder

Markets

Rupee weakens further, settles at 221.95 against US dollar

Depreciation comes as US dollar strengthens against other currencies after Federal Reserve's decision to hike policy rate by 75 basis points

Updated 03 Nov, 2022 09:32pm

Business & Finance

US dollar pulls back as markets price in slower Fed hikes from December

NEW YORK/LONDON: The US dollar sank against major currencies on Tuesday, on some expectation that the Federal ...

Published 02 Nov, 2022 04:37am

Markets

Saudi snaps 4-day losing streak in broader Gulf rebound

DUBAI: Most stock markets in the Gulf rebounded on Tuesday, with the Saudi index snapping a four-day losing streak,...

Published 21 Sep, 2022 05:57am

Opinion

Faltering US stocks rally could see volatility-control funds turn sellers

Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market,...

Published 03 Sep, 2022 04:25am

Pakistan

Pasha lauds MPC’s decision to maintain policy rate

ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ...

Published 24 Aug, 2022 05:08am

Pakistan

Monetary policy: SBP keeps key interest rate unchanged at 15%

Monetary Policy Committee says with recent inflation developments in line with expectations, domestic demand beginning to moderate and the external position showing some improvement, it felt it was prudent to take a pause at this stage

Updated 22 Aug, 2022 05:10pm

Business & Finance

Monetary policy: a look at SBP's previous announcements

Central bank has hiked key interest rate by 525 basis points in its three previous announcements

Published 21 Aug, 2022 02:42pm

Business & Finance

Upcoming monetary policy: majority polled expect no change in key interest rate

Poll conducted by Topline Securities says 56% of participants saw status quo prevailing in announcement scheduled for August 22

Updated 13 Aug, 2022 11:54am

Business & Finance

PBF rejects hike in policy rate

KARACHI: The Pakistan Businesses Forum (PBF) on Thursday rejected the State Bank of Pakistan’s (SBP) decision of...

Published 09 Jul, 2022 03:57am

Business & Finance

SBP increases key interest rate by 125 basis points, takes it to 15%

This is the highest interest-rate level since Nov 2008

Updated 07 Jul, 2022 05:51pm

Business & Finance

Malaysia’s ringgit steadies after rate hike

BANGKOK: Malaysia’s ringgit pared losses on Wednesday after its central bank hiked its key interest rate for a...

Published 07 Jul, 2022 05:35am

Business & Finance

Monetary policy: majority expects at least 100bps hike as inflation highest since Dec 2008

Monetary Policy Committee of the State Bank of Pakistan (SBP) is currently scheduled to meet on July 7 (Thursday)

Published 01 Jul, 2022 07:15pm

Business & Finance

Bangladesh raises interest rate by 50 bps to fight inflation

DHAKA: Bangladesh’s central bank raised its key interest rates by half a percentage point on Thursday, its second...

Published 30 Jun, 2022 08:09pm

Business & Finance

Interest rate of 13.75pc will not let economy grow: FPCCI

KARACHI: Shabbir Mansha, acting president FPCCI, has said that the interest rate of 13.75 percent will not let the...

Published 24 Jun, 2022 06:15am

Business & Finance

Canadian dollar weakens 0.3pc

TORONTO: The Canadian dollar weakened against its US counterpart on Wednesday as a sharp drop in oil prices worked...

Published 23 Jun, 2022 06:05am

Business & Finance

FY22-23: Punjab debt service estimates amount to Rs82.4bn

Proportion of fixed-rate debt, ATR, and share of debt stock remain the key indicators

Updated 19 Jun, 2022 09:22am

Opinion

The challenge of rising inflation

Inflation occurs when spending on goods and services outstrips production. Prices can rise because of supply...

Published 12 Jun, 2022 06:55am

Opinion

Circling the drain

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) couldn’t be serious that the “business,...

Published 26 May, 2022 05:26am

Pakistan

Business community rejects increase in EFS, LTFF rates

KARACHI: Business community on Tuesday rejected the increase in Export Finance Scheme (EFS) and Long-Term Financing...

Published 25 May, 2022 04:40am

Business & Finance

Auto financing for consumers: SBP reduces loan tenure as import bill bites

As the country battles a bulging import bill, the State Bank of Pakistan (SBP) reduced on Tuesday the consumer...

Published 24 May, 2022 02:30pm

Markets

JPMorgan raises 2022 interest income outlook ahead of investor conference

JPMorgan Chase & Co presented a more optimistic profit forecast on Monday as it opened an investor conference to...

Published 23 May, 2022 04:54pm

Perspectives

Can Pakistan's stock market survive an inflation tsunami?

Inflation on its own is insufficient to drag equities down and there is no clear correlation between them

Published 09 May, 2022 02:39am

Print

BoE hikes interest rate to 13-year peak

LONDON: The Bank of England on Thursday raised its main interest rate by a quarter point to one percent to tackle...

Published 06 May, 2022 05:03am

Business & Finance

Russian central bank slashes key interest rate again

MOSCOW: Russia’s central bank said Friday it was cutting its key interest rate for a second straight time as risks...

Published 01 May, 2022 05:11am

Markets

Stock market rangebound

KARACHI: Pakistan Stock Exchange Wednesday witnessed a rangebound session as investors opted to offload their...

Published 28 Apr, 2022 05:37am

Markets

6-month KIBOR has hit a 13-year high at 14.1%. Here is what this means

The six-month Karachi Inter-bank Offered Rate (KIBOR), an equilibrium interest rate for a given tenor at which banks...

Published 26 Apr, 2022 07:11pm

Business & Finance

At emergency MPC meeting, SBP raises policy rate by 250 basis points to 12.25%

Statement says central bank is in the process of taking further actions to reduce pressures on inflation and current account, namely increase in interest rate on export refinance scheme and widening set of import items subject to cash margin requirements

Updated 07 Apr, 2022 07:31pm

Business & Finance

South Africa again hikes rates to curb inflation

JOHANNESBURG: South Africa’s central bank Thursday hiked its benchmark interest rate for the second time in a row in...

Published 24 Mar, 2022 08:11pm

Perspectives

Monetary policy: between a rock and a hard place

The State Bank of Pakistan (SBP) is due to announce its monetary policy statement on March 8, 2022. Recent surveys...

Published 07 Mar, 2022 10:07am

Business & Finance

Market divided over upcoming monetary policy decision

Monetary Policy Committee (MPC) of the State Bank of Pakistan is scheduled to meet on March 8

Updated 03 Mar, 2022 05:47pm