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finance minister

Emergency operations in flood-hit areas: World Bank says allocating $2bn from existing financed projects

Country Director WB informs Finance Minister Ishaq Dar that around $1.5 billion would be mobilized this year due to the emergency situation

Updated 10 Oct, 2022 09:36am

Rupee’s recovery: PM gives credit to Dar

LAHORE: Prime Minister Muhammad Shehbaz Sharif said on Saturday the dollar’s value against the Pakistani rupee is...

Updated 09 Oct, 2022 09:54am

$1.6bn funding: PM tasks Dar to resolve SFD reservations

ISLAMABAD: Prime Minister, Shehbaz Sharif has assigned Finance Minister Senator Ishaq Dar the responsibility to...

Updated 09 Oct, 2022 09:53am

Cash pay-out from PM’s Flood Fund: Dar informed of illegal deductions by agents

ISLAMABAD: Finance Minister Ishaq Dar said to have been told about illegal deductions by the agents and other...

Updated 09 Oct, 2022 09:53am

Business & Finance

Govt committed to place economy on path of sustainable growth: Ishaq Dar tells World Bank

Finance minister shares economic challenges being faced by Pakistan in the wake of the recent devastating floods

Published 08 Oct, 2022 07:21pm

Losses caused by flood havoc: Dar briefs ADB on estimates

Asian Development Bank says would provide flood relief support to Pakistan to the tune of US$ 2.3 to 2.5 billion

Updated 06 Oct, 2022 10:04am

Markets

Speculation and volatility of exchange rates: Action to be taken against erring banks, ECs: SBP chief

ISLAMABAD: The governor State Bank of Pakistan (SBP) has informed the National Assembly Standing Committee on...

Updated 05 Oct, 2022 09:53am

Rupee to come below 200: Dar

KARACHI: Newly appointed finance minister Ishaq Dar said on Monday that the country’s currency will strengthen to...

Updated 04 Oct, 2022 09:38am

MoF seeks implementation status of EFF commitments

ISLAMABAD: Ministry of Finance (MoF) has sought update from all the Ministries on the status of the communicated...

Updated 04 Oct, 2022 09:37am

Cash aid to flood-hit people: Complaints of malpractices irk Dar

ISLAMABAD: Finance Minister Ishaq Dar has expressed concern over the malpractices in payments of cash assistance to...

Updated 04 Oct, 2022 09:37am

Pakistan

Pakistan finance minister Ishaq Dar says rupee will strengthen to under 200 to the US dollar

Currency would be strengthened through government 'policies', says Dar

Updated 03 Oct, 2022 10:09pm

Opinion

Dar should tread carefully

PML-N’s (Pakistan Muslim League-Nawaz’s) finance czar and rupee-stabiliser, Ishaq Dar, is back in the saddle....

Published 03 Oct, 2022 06:16am

Opinion

Old wine in old bottles

Reports indicate that Ishaq Dar’s selling point in being reappointed as the country’s finance minister for the...

Published 03 Oct, 2022 06:16am

Markets

PKR gains nearly 5pc during the week

KARACHI: The rupee gained nearly 5% during the previous week, appreciating in value across all the five sessions...

Published 03 Oct, 2022 05:52am

Markets

Full compensation sought for all companies: Oil industry suffers Rs50bn losses due to forex issues

LAHORE: The oil industry has suffered a loss of Rs 50 billion on account of foreign exchange losses between July 1,...

Published 03 Oct, 2022 05:52am

Dar shows resolve to repulse speculative attacks on rupee

Finance Minister says closely monitoring the situation and would take action against speculators if required

Updated 02 Oct, 2022 10:14am

Economic revival: Dar shares key fiscal measures with SBP governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad Saturday called on Federal Minister for Finance and...

Updated 02 Oct, 2022 10:16am

Business & Finance

LCCI lauds cut in POL prices, extension in return filing date

LAHORE: The Lahore Chamber of Commerce & Industry on Saturday welcomed the prompt actions by the Federal Finance...

Published 02 Oct, 2022 05:48am

Business & Finance

Dar takes stock of tax revenue situation

ISLAMABAD: The Federal Board of Revenue (FBR) has committed to Finance Minister Ishaq Dar to achieve the quarterly...

Updated 30 Sep, 2022 09:38am

ECC will take up 11-point agenda today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet will take up 11-point agenda including urgent...

Updated 30 Sep, 2022 09:36am

Take flood havoc into account, Dar pleads with IMF

Federal Minister for Finance and Revenue briefs IMF Mission Chief Nathan Porter on the economic situation caused by devastating floods

Updated 30 Sep, 2022 09:47am

Opinion

Says PTI-led government brought country to such a pass, which in his opinion, no enemy country can do

Updated 29 Sep, 2022 10:16am

Pakistan

PM Shehbaz lauds outgoing finance minister Miftah over IMF programme revival

'I have the highest respect for the professionalism and commitment with which he served the nation', says PM

Published 28 Sep, 2022 01:48pm

Pakistan

President Alvi administers oath to Ishaq Dar as federal minister

Dar took oath as senator on Tuesday

Updated 28 Sep, 2022 08:42pm

Pakistan

Ishaq Dar takes oath as Senator ahead of becoming new finance minister

Senate Chairman Sadiq Sanjrani administers oath amid loud chants by opposition

Published 27 Sep, 2022 04:58pm

Pakistan

Economy has been falling, will be trying to change its direction: Ishaq Dar

Likely new finance minister faces challenge of getting the economy out of one of its worst balance of payment crises that has seen foreign reserves falling to a month of imports

Updated 26 Sep, 2022 09:14pm

Miftah quits; Dar to take over as finance minister

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail on Sunday tendered his resignation to Pakistan...

Updated 26 Sep, 2022 10:06am

Pakistan

Pakistan's finance minister Miftah Ismail says he will formally resign from role

Miftah is the fifth finance minister to be replaced in less than four years as Pakistan's economy has witnessed persistent turbulence

Updated 26 Sep, 2022 12:51am

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 20	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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