Trends - Raast - Business Recorder

Raast

KE, SBP collaborate to enable seamless bill payments via Raast

KARACHI: Accelerating the digitisation of payments, the State Bank of Pakistan (SBP) and K-Electric (KE) have made a...

Published 31 Oct, 2024 07:31am

Business & Finance

‘Govt committed to transform Pakistan into a cashless economy’

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja said that the present government is...

Published 09 Aug, 2024 06:56am

Technology

Pakistan’s DealCart announces $3mn seed round led by international investors

DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in...

Updated 05 Jul, 2024 07:09pm

Business & Finance

PFA advocates strong governance, compliance measures for Raast

KARACHI: The Pakistan Fintech Association (PFA) is calling on all fintech companies, both regulated and...

Published 23 Jun, 2024 02:50am

Business & Finance

Service offerings easypaisa adds Raast P2M system to its platform

KARACHI: easypaisa has elevated its service offerings by integrating the Raast P2M (Person to Merchant) payment...

Published 13 Jun, 2024 06:22am

Business & Finance

Payments at cattle markets: JazzCash partners with SBP to enable interoperable RAAST QR codes

ISLAMABAD: In a bid to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has...

Published 04 Jun, 2024 06:28am

Business & Finance

Remittance inflows critical to supporting current account balance: PIAF

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Monday said that foreign remittances flows...

Published 26 Dec, 2023 04:30am

Digital payments: SBP launches ‘Raast P2M’ service

KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to...

Updated 06 Dec, 2023 09:50am

SBP, AMF sign MoU to facilitate cross-border remittances

KARACHI: The Arab Monetary Fund (AMF) and the State Bank of Pakistan (SBP) has signed a Memorandum of Understanding...

Updated 04 Nov, 2023 04:10pm

Business & Finance

SBP, CDC launch RAAST payment facility for mutual funds

KARACHI: Central Depository Company (CDC) has collaborated with the State Bank of Pakistan (SBP) for allowing...

Published 02 Nov, 2023 03:15am

Raast platform: SBP set to launch ‘P2M’ payment system

KARACHI: The State Bank of Pakistan (SBP) is all set to launch the person-to-merchant (P2M) online payment system on...

Updated 27 Sep, 2023 10:40am

SBP to help FBR run ‘SWAPS’ thru RAAST

ISLAMABAD: The State Bank of Pakistan (SBP) will facilitate the Federal Board of Revenue (FBR) in fully...

Updated 22 Jun, 2023 08:55am

Opinion

Digital and payment system in Pakistan: Future landscape

Pakistan is at a critical juncture of its journey of digital financial inclusion. It is critical that the Central...

Updated 14 Jun, 2023 10:09am

Business & Finance

SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end

KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions...

Updated 30 May, 2023 09:22am

Business & Finance

Payment Systems Review unveiled: Q2 Raast transactions soar 82pc

KARACHI: Pakistan’s instant payment system – Raast - launched by State Bank of Pakistan (SBP), has witnessed...

Published 12 Apr, 2023 06:11am

WB board to consider $78m ‘digital economy’ project next month

ISLAMABAD: The World Bank’s Board of Executive Directors will consider the “Pakistan: Digital Economy Enhancement...

Updated 05 Feb, 2023 09:15am

Business & Finance

Payments from customers: SBP plans to launch QR Code-based ‘P2M’ system by 2023

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed Wednesday announced plans to launch Quick Response or QR...

Published 24 Nov, 2022 04:28am

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Business & Finance

ePay Punjab being linked to Raast: minister

LAHORE: The Punjab finance department’s online payment solution app, ePay Punjab, is being linked to the federal...

Published 16 Nov, 2022 05:50am

Business & Finance

RDA customers: SBP issues service standards on mobile apps

KARACHI: The State Bank of Pakistan (SBP) has issued service standards for enablement of minimum set of services on...

Published 17 Aug, 2022 06:30am

Pakistan

University of Balochistan: MMBL establishes financial literacy camp

ISLAMABAD: The Mobilink Microfinance Bank Ltd (MMBL), Pakistan’s largest digital bank, set up a financial literacy...

Published 02 Jun, 2022 06:19am

Business & Finance

National Savings integrates with SBP’s Raast

Customers of CDNS can receive their payments directly into their bank accounts without going to branches, says central bank

Published 23 May, 2022 03:42pm

Business & Finance

Over 10mn customers sign up for SBP’s Raast payment service

The aggregate value of P2P transactions on Raast has crossed Rs36 billion

Published 16 May, 2022 05:59pm

Business & Finance

JazzCash aims to expand its user base to 100m in five years: CEO

ISLAMABAD: JazzCash has been playing a pivotal role in supporting Pakistan’s financial inclusion ambitions and ...

Updated 13 May, 2022 10:06am

Technology

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Careem says fintech affiliate plans to invest $50mn to leapfrog the fintech ecosystem in Pakistan

Published 30 Mar, 2022 03:55pm

‘Roshan Equity’, ‘RAAST’ well executed by banks, CDC: SBP governor

KARACHI: State Bank Governor Dr Reza Baqir Tuesday visited CDC House to mark the successful operationalisation of...

Updated 30 Mar, 2022 10:22am

Business & Finance

SBP removes transactional limits for Raast app payments

The latest measure to facilitate Raast users will come into effect from April 1

Updated 16 Mar, 2022 02:53pm

Business & Finance

Raast Person-to-Person: PM believes SBP's latest initiative to enhance formal economy

Says launch will facilitate people in availing banking services

Updated 15 Feb, 2022 06:03pm

SBP introduces Raast instant payment system

KARACHI: The State Bank of Pakistan (SBP) has announced to implement Pakistan’s Instant Payment System “Raast”...

Updated 04 Feb, 2022 09:32am

Editorials

SBP: 'It is not enough that we do our best...'

EDITORIAL: The State Bank of Pakistan (SBP) has recently released its annual performance review of 2020-21. The...

Updated 08 Nov, 2021 09:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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