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US dollars

Euro steadies ahead of ECB decision, dollar dips

SINGAPORE: The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank (ECB) where...

Published 06 Jun, 2024 09:58am

Markets

Saudi Arabia joins BIS- and China-led central bank digital currency project

LONDON: Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be...

Published 06 Jun, 2024 03:09am

World

Millions of Afghans go hungry as winter cold bites

PUL-E ALAM: Khurma had to borrow her neighbour’s shoes to walk to Pul-e Alam city to collect a cash handout being...

Published 17 Jan, 2024 12:09pm

Markets

Holiday thins trading after data nudges dollar higher

SINGAPORE: Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the US...

Published 23 Nov, 2023 09:56am

Business & Finance

Indonesian rupiah drags weak Asian FX lower

BENGALURU: Most Asian currencies and equities eased on Wednesday after a recent rally, as investors exercised ...

Published 23 Nov, 2023 03:19am

Markets

Open-market: rupee weakens further against US dollar

The Pakistani rupee registered a further loss against the US dollar in the open market on Tuesday, while the local...

Updated 31 Oct, 2023 07:34pm

Markets

Dollar shortage worries push Indian rupee premiums to 2-month low

MUMBAI: Concerns over a persistent shortage of US dollars drove the USD/INR overnight swap rate and forward premiums...

Updated 31 Oct, 2023 11:03am

Markets

Inter-bank market: rupee’s winning streak continues, settles at 278.58 against US dollar

Local currency has now appreciated for 26 successive sessions
Has cumulatively gained 10.24 % since it hit a record low of 307.1 in inter-bank market on Sept 5

Updated 12 Oct, 2023 07:03pm

Markets

Dollar hovers near two-week lows ahead of inflation data

SINGAPORE: The dollar was rooted near a two-week low on Thursday following minutes from the last US Federal Reserve...

Published 12 Oct, 2023 09:01am

Business & Finance

Indian rupee ends stronger

MUMBAI: The Indian rupee closed stronger on Wednesday tracking Asian peers higher but potential upside on the local...

Published 12 Oct, 2023 05:57am

Pakistan

Two held in raid on forex firm

PESHAWAR: The Commercial Banking Circle of Federal Investigation Agency (FIA) arrested two accused and recovered...

Published 08 Oct, 2023 03:12am

Editorials

Crackdown on smuggling

EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility...

Published 07 Oct, 2023 06:01am

World

WB approves 600m USD loan to boost Philippines’ digital transformation

MANILA: The World Bank said on Saturday that it has approved 600 million US dollars in financing for the Philippines...

Published 01 Oct, 2023 02:59am

Life & Style

Dr Huma Baqai’s book on foreign affairs launched

KARACHI: Advisor to National Command Authority General Khalid Ahmed Kidwai (retd) has said that Saudi Arabia's...

Published 16 Sep, 2023 03:03am

Markets

Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves

SINGAPORE: The dollar held just above an over one-year low on Wednesday as traders assessed the US rate outlook,...

Published 19 Jul, 2023 11:13am

Business & Finance

‘Investors’ confidence increases after IMF deal’

LAHORE: After the endorsement of the IMF programme, the confidence of local and foreign investors will increase to...

Published 19 Jul, 2023 03:21am

Markets

Open-market: US dollar strengthens as demand surges

The Pakistani rupee weakened nearly 1.6% against the US dollar in the open-market on Thursday, while dealers said...

Updated 08 Jun, 2023 09:32pm

Markets

Dollar sags as Fed bets ebb, debt bill passes; Aussie soars

TOKYO: The US dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since...

Published 02 Jun, 2023 09:35am

Debit, credit cards: ECAP suggests 10pc tax on shopping abroad

KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of...

Updated 02 Jun, 2023 12:07pm

Opinion

Things look grim, but all is not lost

Large-Scale Manufacturing (LSM) and export-oriented industry are stressed as never before. They present a depressing...

Updated 29 Apr, 2023 07:35am

Auction for CDA plots: Investors making payments in USD to get incentives: Dar

ISLAMABAD: Finance Minister Ishaq Dar has directed that for the auction of the Capital Development Authority (CDA)...

Updated 27 Apr, 2023 11:32am

Markets

Gold at one-week peak as dollar slides

NEW YORK: Gold prices gained 1% on Wednesday as strong Chinese economic data dented the dollar and drove some bets...

Published 02 Mar, 2023 06:23am

Markets

Majority of global asset managers still not investing responsibly: ShareAction

LONDON: Global asset managers controlling trillions of dollars are failing to invest in a way that will protect...

Updated 26 Feb, 2023 12:49pm

Pakistan

FIA smashes gang involved in sale of fake dollars

LAHORE: A team of FIA Cyber Crime Circle Lahore has smashed a gang allegedly involved in the sale of fake US ...

Published 25 Feb, 2023 06:23am

Markets

Highly critical: SBP-held foreign exchange reserves fall $170mn, now stand at mere $2.92bn

Total liquid foreign reserves held by the country stood at $8.54 billion

Published 09 Feb, 2023 07:03pm

Markets

Dollar flat after Fed official comments; focus on CPI data next week

SINGAPORE: The US dollar was little changed on Thursday as investors looked ahead to next week’s US inflation data...

Published 09 Feb, 2023 09:37am

Pakistan

Surge in dollar’s value fuels shortage of drugs, surgical instruments

LAHORE: After the surge in value of US dollars, the scarcity of life-saving drugs and surgical instruments was...

Published 09 Feb, 2023 06:02am

Markets

Dollar on the front foot after robust U.S. jobs data, yen falters

SINGAPORE: The dollar extended its rally on Monday after a strong U.S. jobs report suggested the Federal Reserve...

Published 06 Feb, 2023 09:40am

Business & Finance

Indian refiners pay traders in dirhams for Russian oil

NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in...

Updated 04 Feb, 2023 10:15am

Markets

Gold surges to new peak on back of rupee depreciation, speculation

Association chief urges public to stop trading gold until IMF programme resumes

Published 28 Jan, 2023 07:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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