News stories for Rizwan Bhatti

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Renewable energy: SBP updates Islamic financing facility

The State Bank of Pakistan (SBP) has launched updated Islamic Financing Facility for Renewable Energy (IFRE) for Islamic Banking Institutions (IBIs) and DFIs having authorized Islamic financing operations. The financing under this facility will be availab

Published 22 Jul, 2019 12:00am

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Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di

Published 21 Jul, 2019 12:00am

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Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di

Published 21 Jul, 2019 12:00am

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Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di

Published 21 Jul, 2019 12:00am

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SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair

Published 18 Jul, 2019 12:00am

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SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair

Published 18 Jul, 2019 12:00am

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SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair

Published 18 Jul, 2019 12:00am

Markets

Upside inflationary pressures: Policy rate raised to 13.25 percent

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday decided to increase the policy rate by 100 basis points (bps) from 12.25 percent to 13.25 percent on higher inflation outlook due to recent adjustments in utility prices an

Published 17 Jul, 2019 12:00am

Markets

Upside inflationary pressures: Policy rate raised to 13.25 percent

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday decided to increase the policy rate by 100 basis points (bps) from 12.25 percent to 13.25 percent on higher inflation outlook due to recent adjustments in utility prices an

Published 17 Jul, 2019 12:00am

Markets

Upside inflationary pressures: Policy rate raised to 13.25 percent

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday decided to increase the policy rate by 100 basis points (bps) from 12.25 percent to 13.25 percent on higher inflation outlook due to recent adjustments in utility prices an

Published 17 Jul, 2019 12:00am

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Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf

Published 16 Jul, 2019 12:00am

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Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf

Published 16 Jul, 2019 12:00am

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Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf

Published 16 Jul, 2019 12:00am

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Steel merchants demand uniform import policy

Demanding a uniform steel import policy, steel merchants have urged the federal government to immediately withdraw 5 percent additional custom duty and regulatory duty imposed on secondary steel imports in the FY20 Budget. During the meeting with Prime Mi

Published 14 Jul, 2019 12:00am

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Steel merchants demand uniform import policy

Demanding a uniform steel import policy, steel merchants have urged the federal government to immediately withdraw 5 percent additional custom duty and regulatory duty imposed on secondary steel imports in the FY20 Budget. During the meeting with Prime Mi

Published 14 Jul, 2019 12:00am

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Steel merchants demand uniform import policy

Demanding a uniform steel import policy, steel merchants have urged the federal government to immediately withdraw 5 percent additional custom duty and regulatory duty imposed on secondary steel imports in the FY20 Budget. During the meeting with Prime Mi

Published 14 Jul, 2019 12:00am

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MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

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MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

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MPC to meet on Tuesday: SBP likely to maintain tight monetary policy stance

The State Bank of Pakistan (SBP) is likely to maintain its tight monetary policy stance in its upcoming meeting to ensure macroeconomic stability and contain inflation. The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, July 16, 2019 at SBP

Published 13 Jul, 2019 12:00am

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PM''s SME lending programme launched

The federal government has launched "Prime Minister''s Kamyab Jawan SME Lending Programme" aimed at providing self-employment opportunities to unemployed youth. Under the scheme, federal government will provide mark-up and credit loss subsidy on small bus

Published 12 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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