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International Monetary fund

IMF approves third review of Sri Lanka’s $2.9bn bailout

COLOMBO: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on...

Published 23 Nov, 2024 01:16pm

World

Sri Lanka reappoints Amarasuriya as prime minister

COLOMBO: Sri Lankan President Anura Kumara Dissanayake reappointed Harini Amarasuriya as the prime minister of the...

Published 18 Nov, 2024 12:17pm

World

Fragile countries make $20 billion climate finance push at COP29, letter says

BAKU: A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a...

Published 15 Nov, 2024 04:44pm

Business & Finance

IMF reaches staff agreement with Zambia for $185.5 million disbursement

WASHINGTON: The International Monetary Fund said on Monday that it reached a staff-level agreement for the fourth...

Published 12 Nov, 2024 11:55am

Pakistan

Pakistan’s bilateral partners to continue rollovers during IMF programme: SBP governor

ISLAMABAD: The State Bank of Pakistan (SBP) Governor Jameel Ahmad told analysts on Monday that bilateral partner...

Updated 04 Nov, 2024 08:41pm

Pakistan

Real estate developer Blue World City cleared to bid for PIA, company chairman says

KARACHI: A Pakistani real estate development company said on Wednesday it had completed requirements to enter the...

Updated 30 Oct, 2024 10:02pm

Business & Finance

IMF urges African oil exporters’ reforms to boost ‘subdued’ growth

NAIROBI/WASHINGTON: Sub-Saharan African nations that depend on commodity exports need to reform their economies to...

Published 25 Oct, 2024 07:26pm

Business & Finance

World Bank’s Banga says more bilateral debt forgiveness needed

WASHINGTON: World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt...

Published 17 Oct, 2024 08:37pm

Business & Finance

IMF says global public debt to top $100 trillion, growth may accelerate

WASHINGTON: The world’s total public debt is set to exceed $100 trillion this year for the first time, and may grow...

Published 15 Oct, 2024 11:42am

World

World Bank says 26 poorest nations in worst financial shape since 2006

WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than...

Published 14 Oct, 2024 06:24pm

World

Turkiye should continue tight, monetary policy until inflation at target, IMF says

ISTANBUL: The International Monetary Fund called for continued tight, data-driven monetary policy in Turkiye until...

Published 12 Oct, 2024 01:01pm

Business & Finance

Country urged to enhance AML/CFT framework

ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money...

Published 12 Oct, 2024 07:45am

World

Sri Lanka to discuss IMF deal framework during October meetings in Washington

COLOMBO: Sri Lanka will have deeper talks with the International Monetary Fund on the framework of a $2.9 billion...

Published 01 Oct, 2024 12:03pm

World

IMF sees gradual return to economic normalcy in Bangladesh

WASHINGTON: The International Monetary Fund on Monday said Bangladesh’s quick formation of an interim government has...

Published 30 Sep, 2024 07:42pm

Business & Finance

Sri Lanka holds rates steady, sees rosy inflation, growth outlook

COLOMBO: Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations, citing domestic...

Published 27 Sep, 2024 01:58pm

World

Russia’s Sergei Lavrov says UN turns blind eye to Kursk incursion by Ukraine

Russian Foreign Minister Sergei Lavrov said the UN was turning a blind eye to excesses committed by Ukrainian forces...

Published 25 Sep, 2024 11:36am

World

IMF says ready for talks with Sri Lanka’s new leftist government

COLOMBO: The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for...

Published 24 Sep, 2024 11:21am

Business & Finance

IMF postpones scheduled consultations with Russia, says TASS, citing Russian director

The International Monetary Fund has postponed its planned consultation mission with Russia indefinitely because of...

Published 18 Sep, 2024 10:15am

World

US committed to Bangladesh’s economic growth, to give $202mn more in aid

DHAKA: The United States is committed to supporting Bangladesh’s inclusive economic growth, institution building and...

Published 15 Sep, 2024 03:40pm

World

IMF, Ukraine reach deal that would give it access to some $1.1bn

WASHINGTON: The International Monetary Fund said on Tuesday it had reached a preliminary agreement with Ukraine that...

Published 11 Sep, 2024 10:27am

Business & Finance

IMF mission starts fifth review of Ukraine program as Kyiv reshuffles government

KYIV: An International Monetary Fund mission began work on Wednesday on the fifth review of its $15.6 billion...

Published 04 Sep, 2024 02:57pm

Pakistan

Pakistan aims to secure $4bn from Middle Eastern banks by FY26: SBP governor

Jameel Ahmad says Pakistan is in 'advanced stages' of securing $2 billion in additional external financing required for IMF executive board approval

Updated 27 Aug, 2024 10:18pm

Pakistan

Aurangzeb says Pakistan has secured debt rollover commitments from China, Saudi Arabia and UAE

Development gives boost to economy that awaits Executive Board approval from the IMF ahead of $7-billion bailout

Updated 06 Aug, 2024 10:25pm

World

IMF says it is ‘fully committed’ to Bangladesh after protests oust PM

LONDON: The International Monetary Fund said it was “fully committed to Bangladesh and its people” after protests...

Published 06 Aug, 2024 01:05pm

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

World

Sri Lanka to hold presidential election on Sept 21, govt notice says

COLOMBO: Sri Lanka will vote on Sept. 21 to elect a new president, a government notice said on Friday, a crucial...

Published 26 Jul, 2024 10:34am

Business & Finance

IMF approves $71 million for junta-led Niger

WASHINGTON: The International Monetary Fund announced Wednesday a $71 million disbursement towards Niger, which was...

Published 18 Jul, 2024 10:54am

Pakistan

Key policy points/reforms stressed by IMF in new staff-level agreement

In a major development, the International Monetary Fund (IMF) reached a Staff-Level Agreement (SLA) with Pakistan...

Published 13 Jul, 2024 11:19am

Business & Finance

Sri Lanka debt deal a key milestone towards restoring debt sustainability, IMF says

COLOMBO: The International Monetary Fund (IMF) said on Thursday that Sri Lanka’s agreements with China and other...

Published 27 Jun, 2024 09:56am

World

Sri Lanka’s economic crisis and debt deal with bilateral creditors

COLOMBO: Sri Lanka signed an agreement with its bilateral creditors led by Japan and India, Sri Lankan president’s...

Published 26 Jun, 2024 03:15pm

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 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 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)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 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)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 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)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 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)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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