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central bank

Russia’s economic growth accelerates

MOSCOW: Russia’s gross domestic product (GDP) rose 10.9% year-on-year in May, the economy ministry said on...

Published 02 Jul, 2021 04:19am

Business & Finance

Central bank digital currencies get full BIS backing

LONDON: The Bank for International Settlements has given its full backing to the development of central bank digital...

Published 24 Jun, 2021 03:36am

Business & Finance

Dollar catches breath in Europe

LONDON: The dollar paused for breath on Tuesday as traders looked to testimony from Federal Reserve Chair Jerome...

Published 23 Jun, 2021 04:26am

Markets

China's regulators struggle to sway companies on currency risk

Tommy Xie, head of Greater China research at OCBC Bank in Singapore, says regulators can raise awareness but can't compel firms to hedge.

Published 22 Jun, 2021 10:26am

Markets

Dow drops in early trade

NEW YORK: The Dow fell 1% on Friday after Federal Reserve official James Bullard said inflation was stronger than...

Published 19 Jun, 2021 03:23am

Markets

US indexes dip on Fed indications

NEW YORK: The three main Wall Street indexes all closed down on Wednesday, as US Federal Reserve officials unnerved...

Published 18 Jun, 2021 04:16am

Business & Finance

Dollar steadies in Europe

AMSTERDAM/LONDON: The dollar was steady on Wednesday, with currency markets generally quiet ahead of a US Federal...

Published 17 Jun, 2021 03:27am

Editorials

A word of caution

EDITORIAL: The State Bank of Pakistan (SBP) in its recently published second quarterly report has commended the...

Published 14 Jun, 2021 03:39am

Business & Finance

Brazil inflation hits multi-year high

BRASILIA: Brazilian inflation jumped to its highest monthly rate for May in a quarter century and the annual rate...

Published 10 Jun, 2021 03:22am

BR Research

Growth perceptions

Why are businesses happy but consumers are not? Do businesses and consumers care about different things? Is the...

Updated 08 Jun, 2021 11:31am

Business & Finance

Turkish inflation rate drops unexpectedly to 16.59pc

ISTANBUL: Turkey’s inflation rate fell from a two-year high to 16.59% year-on-year in May, data showed on ...

Published 04 Jun, 2021 05:06am

BR Research

Permanent liquidity shortage?

The State bank of Pakistan (SBP) like any other central bank manages daily liquidity in the market through open...

Published 02 Jun, 2021 07:30am

Reza says growth shows success of SBP stimulus

KARACHI: The governor State Bank of Pakistan (SBP), Dr Reza Baqir, has said that revised growth forecast of 4 ...

Published 02 Jun, 2021 04:29am

Markets

Spain's March current account deficit at 0.16bn euros

In February the deficit was 1.71 billion euros, according to the central bank.

Published 31 May, 2021 02:01pm

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 26 May, 2021 03:45am

Markets

Yuan jumps to 3 year high, investors wary of PBOC pressure

The offshore yuan also followed its onshore counterpart's appreciation in morning trade to test the key 6.4 per dollar level. It jumped to a high of 6.4010 before trading at 6.406 per dollar as of midday.

Published 25 May, 2021 11:16am

Opinion

Financing social protection without incurring debt

Expenditure on social protection will lead to accumulation of debt if not financed through revenues, grants or...

Published 25 May, 2021 04:40am

Markets

Yuan edges up as PBOC reiterates no change to FX policy

In the spot market, onshore yuan opened at 6.4380 per dollar and was changing hands at 6.4330 at midday, 15 pips firmer than the previous late session close.

Published 24 May, 2021 11:06am

Pakistan

FPCCI for fair, equitable export refinance mechanism to support SMEs

FPCCI has demanded a fair, transparent, and equitable mechanism must be devised in consultation with the business, industry, and trade communities of Pakistan.

Published 22 May, 2021 05:55pm

Markets

Bank of England plans to 'green' its corporate bond holdings

"The precise calibration of this approach will be developed in the coming months," Hauser said.

Published 21 May, 2021 02:01pm

Markets

FTSE 100 drops as commodity stocks weigh, inflation doubles; John Laing shines

The domestically focussed mid-cap FTSE 250 index slid 0.5%.

Published 19 May, 2021 12:26pm

Markets

Australia shares post first weekly gain in three on boost from miners

Bucking the trend, technology stocks fell 2.3% as investors turned back to value stocks on recovery hopes, intensified by sell-off in US peers.

Published 07 May, 2021 01:53pm

Markets

Indonesia end-April forex reserves up $1.7bn at $138.8bn

The end-April reserve level of $138.8 billion matched February's level, which was the highest on record.

Published 07 May, 2021 11:18am

Markets

Hong Kong stocks enjoy gains in morning session

The Hang Seng Index gained 0.62 percent, or 180.06 points, to 29,251.40.

Published 29 Apr, 2021 10:20am

Markets

Fed set to reaffirm recovery mission, face down inflation fears

Powell has frequently noted that it took a decade after the 2008 global financial crisis for the US economy to return to full employment, while inflation consistently fell short of its target.

Published 28 Apr, 2021 11:25am

Markets

World equities drift on eve of Fed rate call

The price of copper hit a decade-high close to $10,000 per-ton, largely on strong Chinese demand and tight supplies of the metal used in popular electric wiring amid worries of a strike action in the world's biggest producer Chile.

Published 28 Apr, 2021 10:29am

Markets

Asian markets mixed; Indonesia c.bank meeting eyed

Elsewhere, the Taiwanese dollar strengthened and equities rose after the island nation's central bank said it may hike its annual growth forecast.

Published 19 Apr, 2021 11:45am

Business & Finance

African currencies week ahead: Nigerian unit seen under pressure, Kenyan rally to pause

NAIROBI: The Nigerian naira is likely to ease in the next week after the central bank offered future contracts at...

Updated 19 Apr, 2021 09:53am

Perspectives

Price stability as SBP’s primary objective

When Paul Volcker, the then chairman of the Federal Reserve, increased interest rates sharply following an increase...

Published 14 Apr, 2021 10:29pm

Markets

BOJ's Kuroda vows to keep eye on policy side-effects

I will guide monetary policy appropriately to bring inflation closer to the 2% target or achieve.

Published 13 Apr, 2021 10:58am

Forex
World
Commodity

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 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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