Trends - Pound - Business Recorder

Pound

Pound heads for worst weekly run versus euro

LONDON: The pound headed for its worst weekly performance against the euro in over two years on Friday, as a boost ...

Published 10 Mar, 2025 05:22am

Business & Finance

Pound ticks up after sliding on BoE cut

LONDON: The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest...

Published 10 Feb, 2025 05:35am

Markets

Sterling drops versus euro after biggest daily rise in months, awaits BoE

The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day...

Published 04 Feb, 2025 03:37pm

Markets

Pound slides to 14-month low as gilt pain intensifies

LONDON: The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that...

Published 09 Jan, 2025 03:35pm

Markets

Pound set for worst weekly losses after budget jolt

LONDON: The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of...

Published 04 Nov, 2024 03:29am

Business & Finance

Sterling on track for 4-week of decline versus dollar

LONDON: The British pound steadied against the dollar on Friday but was set for its fourth consecutive week of...

Published 12 Aug, 2024 06:36am

Business & Finance

Sterling heads for best 2-week run since Nov

LONDON: The pound coursed towards its best two-week performance against the dollar in eight months on Friday, after...

Published 15 Jul, 2024 06:58am

Business & Finance

Sterling on track for weekly gain

LONDON: Sterling was on track for a weekly gain versus the dollar on Friday, as currency traders look ahead to key...

Published 20 May, 2024 05:44am

Business & Finance

Pound hits one-month low as BOE drops more rate cut hints

LONDON: The pound fell to its lowest so far this month on Friday, after data showed UK consumer spending stagnated ...

Published 25 Mar, 2024 05:47am

Opinion

Pakistani rupee: a wayward currency

Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand...

Published 27 Nov, 2023 06:13am

Business & Finance

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Business & Finance

Dollar slips; euro and pound rise

NEW YORK: The US dollar fell against most major currencies on Tuesday after better-than-forecast growth data from...

Published 19 Apr, 2023 06:36am

Markets

Dollar gains on pound and yen after upbeat US data

NEW YORK: The dollar rose against the pound and the yen on Monday after data showed that US services industry...

Published 06 Dec, 2022 05:58am

Business & Finance

Sterling edges up against dollar

LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s...

Published 29 Nov, 2022 05:57am

Markets

Dollar slips as risk sentiment improves after Fed minutes

SINGAPORE: The US dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of...

Published 24 Nov, 2022 09:30am

Business & Finance

Sterling climbs as dollar rally wanes

LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ...

Published 23 Nov, 2022 05:55am

Business & Finance

Sterling hits 3-month high

LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation...

Published 16 Nov, 2022 05:50am

Business & Finance

Sterling set for biggest daily gain since 2017

LONDON: Sterling was set for its biggest daily gain since January 2017 against a weakening US dollar on Thursday...

Published 11 Nov, 2022 05:54am

Markets

British pound extends recovery with 1% dollar gain

LONDON: The pound recovered further Wednesday, jumping more than one percent against the dollar, as markets welcomed...

Published 26 Oct, 2022 02:46pm

Business & Finance

Sterling posts sharp gains; dollar down against most currencies

LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ...

Published 30 Sep, 2022 05:52am

Business & Finance

Dollar pauses for breath as fragile pound edges up

NEW YORK/LONDON: The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as ...

Published 28 Sep, 2022 05:51am

Business & Finance

Pound falls to 37-year low

LONDON: Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the...

Published 19 Sep, 2022 05:45am

Markets

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's...

Published 07 Sep, 2022 08:08pm

Business & Finance

Sterling steadies after bruising week, markets await new PM

LONDON: The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the...

Published 05 Sep, 2022 06:04am

Opinion

Market mayhem awaits Britain’s new leader

Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial...

Published 03 Sep, 2022 04:25am

Business & Finance

Sterling slides below $1.15 for first time since 2020

LONDON: Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds ...

Published 02 Sep, 2022 06:00am

Business & Finance

Sterling on track for worst week since September 2020

LONDON: The British pound is set to record its worst weekly loss versus the dollar since September 2020, as ...

Published 22 Aug, 2022 06:33am

Business & Finance

Sterling slammed as BoE delivers big rate hike but warns of long recession

LONDON: Sterling fell on Thursday after the Bank of England raised interest rates by the most in 27 years as it ...

Published 05 Aug, 2022 06:27am

Markets

SBP to enhance monitoring of foreign exchange operations

Says it has started inspections of a number of exchange companies and banks since Monday

Updated 03 Aug, 2022 08:24pm

Business & Finance

Sterling loses steam

LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid...

Published 03 Aug, 2022 04:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 21	280.92
USD PKR Interbank Buying / Apr 21	280.72
USD to Japanese Yen / Apr 21	140.83
USD to Swiss Franc / Apr 21	0.81
Pound Sterling to USD / Apr 21	1.34
Euro to USD / Apr 21	1.15
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
Nasdaq / Apr 17	16,286.45
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
India Sensex / Apr 21	21,395.14
Tokyo Nikkei / Apr 21	34,356.93
Hang Seng / Apr 21	79,442.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Crude Oil USD/Barrel / Apr 21	63.76
Gold Spot USD/Ounce / Apr 21	3,389.31
Cotton US¢/pound / Apr 21	67.13
Petrol/Litre / Apr 22	254.63
Diesel/Litre / Apr 22	258.64

Gainers
Losers
Leaders

Stock	Price
Quice Food / Apr 21 Quice Food Industries Limited(QUICE)	7.53 ▲ 1 (15.31%)
Beco Steel Ltd / Apr 21 Beco Steel Limited(BECO)	10.16 ▲ 0.94 (10.2%)
Saritow Spinning / Apr 21 Saritow Spinning Mills Limited(SSML)	16.79 ▲ 1.53 (10.03%)
Power Cem(Pref) / Apr 21 Power Cement (Pref)(POWERPS)	16.48 ▲ 1.5 (10.01%)
Crescent Steel / Apr 21 Crescent Steel & Allied Products Limited(CSAP)	128.69 ▲ 11.7 (10%)
Diamond Ind. / Apr 21 Diamond Industries Limited(DIIL)	27.73 ▲ 2.52 (10%)
EMCO Industries / Apr 21 Emco Industries Limited(EMCO)	36.29 ▲ 3.3 (10%)
K.S.B.Pumps / Apr 21 KSB Pumps Company Limited(KSBP)	184.40 ▲ 16.76 (10%)
Nagina Cot. / Apr 21 Nagina Cotton Mills Limited(NAGC)	54.98 ▲ 5 (10%)
National Silk / Apr 21 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)

Stock	Price
Pak Reinsurance / Apr 21 Pakistan Reinsurance Company Limited(PAKRI)	13.45 ▼ -2.45 (-15.41%)
Arpak Int. / Apr 21 Arpak International Investments Ltd.(ARPAK)	61.41 ▼ -6.54 (-9.62%)
Samba Bank / Apr 21 Samba Bank Limited(SBL)	9.07 ▼ -0.9 (-9.03%)
NBP PGETF / Apr 21 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	21.51 ▼ -1.76 (-7.56%)
Dewan Automotive Eng. / Apr 21 Dewan Automotive Engineering Limited(DWAE)	32.93 ▼ -2.64 (-7.42%)
Bela Auto / Apr 21 Bela Automotives Limited(BELA)	151.60 ▼ -12.05 (-7.36%)
UDL International / Apr 21 UDL International Limited(UDLI)	7.80 ▼ -0.62 (-7.36%)
Leiner Pak Gelat / Apr 21 Leiner Pak Gelatine Limited(LPGL)	112.52 ▼ -8.89 (-7.32%)
Kohinoor Mills / Apr 21 Kohinoor Mills Limited(KML)	30.93 ▼ -2.44 (-7.31%)
Next Capital / Apr 21 Next Capital Limited(NEXT)	7.36 ▼ -0.58 (-7.3%)

Stock	Volume
Cnergyico PK / Apr 21 Cnergyico PK Limited(CNERGY)	103,028,410 ▲ 0.01
Power Cement / Apr 21 Power Cement Limited(POWER)	62,587,267 ▲ 1.23
B.O.Punjab / Apr 21 The Bank of Punjab(BOP)	42,587,808 ▲ 0.25
Sui South Gas / Apr 21 Sui Southern Gas Company Limited(SSGC)	29,216,804 ▲ 0.9
Sui North Gas / Apr 21 Sui Northern Gas Pipelines Limited(SNGP)	28,845,690 ▲ 10.7
Fauji Foods Ltd / Apr 21 Fauji Foods Limited(FFL)	27,776,861 ▲ 0.64
Maple Leaf Cement / Apr 21 Maple Leaf Cement Factory Limited(MLCF)	25,090,099 ▲ 3.93
Pak Int.Bulk / Apr 21 Pakistan International Bulk Terminal(PIBTL)	23,630,998 ▼ -0.03
Pak Elektron / Apr 21 Pak Elektron Limited(PAEL)	21,655,133 ▲ 1.29
Fauji Cement / Apr 21 Fauji Cement Company Limited(FCCL)	16,149,277 ▲ 0.34

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