Trends - Yuan - Business Recorder

Yuan

Yuan on track to snap 4-week losing streak

HONG KONG: The yuan strengthened against the dollar on Friday and looked set for its first weekly gain in over a...

Published 20 Jan, 2025 05:31am

Markets

Yuan on track to snap 4-week losing streak after GDP surprise

HONG KONG: The yuan strengthened against the dollar on Friday and looked set for its first weekly gain in over a...

Published 17 Jan, 2025 12:06pm

Markets

Yen set for best week in over a month on BOJ rate hike bets

SINGAPORE: The yen was poised for its strongest weekly performance in over a month as expectations grow that the...

Published 17 Jan, 2025 08:14am

Markets

China’s yuan hovers near 16-month low, hopes rise for cut in reserve ratio

HONG KONG: China’s yuan was largely flat against the dollar on Thursday and trading near a 16-month low, as...

Published 16 Jan, 2025 12:51pm

Markets

Yuan bounces after China steps up support, but downward pressure persists

SHANGHAI: The yuan rebounded slightly on Tuesday as the surging dollar paused and China’s central bank stepped up...

Published 14 Jan, 2025 11:45am

Markets

Dollar clings to 2-year high as US rates, tariffs in focus

SINGAPORE: The dollar hung near its highest in more than two years on Tuesday as traders scale back U.S. rate cuts...

Published 14 Jan, 2025 07:58am

Country preparing to launch yuan-denominated bonds: Aurangzeb

**ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday has said that the country is preparing to launch...

Updated 14 Jan, 2025 02:57pm

Markets

China’s yuan hovers near 16-month low despite official support

SHANGHAI: The yuan hovered near 16-month lows against the dollar on Monday, despite more support measures for the...

Published 13 Jan, 2025 11:23am

Markets

Dollar hovers near two-year high; yuan under threat

SINGAPORE: The dollar eased a touch on Monday but stayed close to a two-year peak, as traders awaited a raft of U.S....

Published 06 Jan, 2025 08:05am

Business & Finance

China’s yuan slides past 7.3 floor on falling yields

HONG KONG: China’s yuan slid past the key 7.3 threshold to a 14-month low against the dollar on Friday, as...

Published 04 Jan, 2025 08:03am

Markets

Dollar headed for best week since November on US rates, economic outlook

SINGAPORE: The dollar was on track for its best weekly performance in over a month on Friday, underpinned by...

Published 03 Jan, 2025 08:11am

Markets

China’s onshore yuan hits weakest against dollar since Nov 2023

SHANGHAI/SINGAPORE: China’s onshore yuan on Thursday weakened to the lowest level against the dollar in almost 14...

Published 02 Jan, 2025 10:48am

Business & Finance

Yuan set to end week near 13-month low

SHANGHAI: China’s yuan is set to end the week near a 13-month low against the dollar, as it trades in narrow ...

Published 30 Dec, 2024 05:47am

Markets

Iron ore futures down on faltering China demand

BEIJING: Iron ore futures slipped on Friday and were poised for a second straight weekly decline, weighed down by...

Published 29 Dec, 2024 02:48am

Business & Finance

China’s yuan nears 13-month low

SHANGHAI: China’s yuan hovered near a 13-month low against the US dollar on Tuesday, pressured by bond yields near...

Published 25 Dec, 2024 06:25am

Markets

China’s yuan nears 13-month low amid falling bond yields

SHANGHAI: China’s yuan hovered near a 13-month low against the US dollar on Tuesday, pressured by bond yields near...

Published 24 Dec, 2024 11:17am

Markets

Dollar firms as US rates outlook dominates

SINGAPORE: The dollar was on the front foot on Tuesday as the prospect of higher-for-longer U.S. interest rates...

Published 24 Dec, 2024 08:11am

Business & Finance

Yuan inches lower

SHANGHAI: China’s yuan inched lower against the dollar and continued hovering near a key threshold on Monday as a...

Published 24 Dec, 2024 06:33am

Markets

Yuan inches lower, firmer fix stabilizes effects of low Chinese yields

SHANGHAI: China’s yuan inched lower against the dollar and continued hovering near a key threshold on Monday as a...

Published 23 Dec, 2024 11:01am

Markets

Dollar steady after benign US inflation eases worries over rates

SINGAPORE: The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing...

Published 23 Dec, 2024 08:14am

Business & Finance

China’s yuan heads for weekly fall

SHANGHAI: China’s yuan was steady against the dollar on Friday, helped by firmer central bank guidance but was...

Published 23 Dec, 2024 06:50am

Markets

Dollar charges ahead on hawkish Fed outlook, yen awaits BOJ

SINGAPORE: The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of...

Published 19 Dec, 2024 08:00am

Markets

China’s yuan hovers around 13-month low as weak data fuels easing bets

HONG KONG: China’s yuan held near a 13-month low against the dollar on Tuesday, as traders anticipated additional...

Published 17 Dec, 2024 09:55am

Markets

Dollar supported as bets on 2025 rate cuts evaporate

SINGAPORE: The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the...

Published 17 Dec, 2024 09:38am

Markets

China’s yuan slips, central bank offers support amid weakening yields

SHANGHAI: The yuan dipped slightly against the dollar on Monday as China’s central bank pledged to keep the currency...

Published 16 Dec, 2024 01:26pm

Business & Finance

Rouble strengthens vs dollar

MOSCOW: The Russian rouble strengthened against the US dollar but weakened against China’s yuan on Friday amid...

Published 16 Dec, 2024 06:08am

Business & Finance

China’s yuan eases

SHANGHAI: China’s yuan eased against the US dollar on Friday as remarks from the annual economic meeting failed to...

Published 16 Dec, 2024 06:08am

Markets

Yuan pressured by depreciation expectations; long-term yields fall to record lows

HONG KONG: The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as...

Published 12 Dec, 2024 10:30am

Business & Finance

Asian currencies retreat ahead of US inflation data

BENGALURU: A gauge of emerging Asian equities and currencies declined on Wednesday, as investors awaited US ...

Published 12 Dec, 2024 06:45am

Markets

Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say

China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher...

Published 11 Dec, 2024 08:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	155.40
USD to Swiss Franc / Jan 24	0.90
Pound Sterling to USD / Jan 24	1.24
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 23	6,118.71
Nasdaq / Jan 23	20,053.68
Dow Jones / Jan 23	44,565.07
India Sensex / Jan 24	76,784.63
Tokyo Nikkei / Jan 24	39,931.98
Hang Seng / Jan 24	20,060.52
FTSE 100 / Jan 24	8,559.56
Germany DAX 30 / Jan 24	21,482.67

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Crude Oil USD/Barrel / Jan 24	74.61
Gold Spot USD/Ounce / Jan 24	2,774.04
Cotton US¢/pound / Jan 24	67.94
Petrol/Litre / Jan 25	256.13

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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