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trade deficit

Pakistan’s trade deficit widens 57% YoY in FY22

Pakistan's trade deficit widened by 57% during fiscal year 2021-22, and reached $48.67 billion compared to $30.96...

Published 04 Jul, 2022 11:17am

Business & Finance

91pc of merchandise trade deficit financed by remittances in 10 years: SBP

LAHORE: Acting Governor of the State Bank of Pakistan Dr Murtaza Syed on Thursday said that over the past 10 years,...

Updated 01 Jul, 2022 11:14am

Business & Finance

‘Containers stuck at ports causing huge demurrage dues’

LAHORE: While appreciating ban on luxury items to control trade deficit, President of the Lahore Chamber of Commerce...

Updated 29 Jun, 2022 10:33am

July-May period: C/A deficit crosses $15bn mark

KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this...

Updated 29 Jun, 2022 09:50am

Business & Finance

Businessmen strongly react to supertax on large-scale industries

FPCCI former president says the unwise decision will push Pakistan further into an economic crisis

Updated 26 Jun, 2022 09:08am

Exports up 27.89pc: Jul-May imports soar 44.51pc to $72.297bn YoY

Imports in May 2022 were $6.777 billion as compared to $6.661 billion in April
Exports during May 2022 were $2.626 billion as compared to $2.897 billion in April

Updated 17 Jun, 2022 10:45am

Business & Finance

Turkey’s C/A deficit seen at $2.9bn in April

ISTANBUL: Turkey’s current account is expected to record a deficit of $2.85 billion in April and end the year with a...

Published 13 Jun, 2022 11:20am

Business & Finance

Inflows of remittances post over 6pc growth

KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year...

Published 11 Jun, 2022 06:14am

Survey lists factors behind mammoth trade deficit

ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global...

Updated 10 Jun, 2022 09:34am

Editorials

APCC data

EDITORIAL: The Working Paper for the Annual Plan Coordination Committee (APCC) meeting acknowledged that the...

Published 08 Jun, 2022 06:19am

Business & Finance

Mian Zahid for banning more items from import

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 03 Jun, 2022 07:18am

Opinion

FY23 budget: some new avenues

Pakistan is currently facing a series of challenges. The coalition government, led by Shehbaz Sharif, is trying to...

Published 03 Jun, 2022 05:56am

July-May trade deficit widens 57.85pc to $43.334bn YoY

ISLAMABAD: Trade deficit widened by 57.85 per cent during the first 11 months (July-May) of the current fiscal year...

Updated 03 Jun, 2022 10:15am

Editorials

The IMF shock amid royal benevolence

EDITORIAL: Saudi Arabia’s Minister of Finance Mohammad al-Jadaan, on the sidelines of World Economic Forum being...

Published 26 May, 2022 05:26am

Ban on import of certain items: Decision taken to ease pressure on BoP, Senate body told

ISLAMABAD: Secretary Commerce Sualeh Ahmad Faruqui conceded on Tuesday that his opinion on the list of items whose...

Updated 25 May, 2022 09:44am

Editorials

An MPS amid growing economic distress

EDITORIAL: The Monetary Policy Committee (MPC) met on 23 May as earlier scheduled under the chairmanship of Acting...

Published 25 May, 2022 04:40am

Business & Finance

Trade deficit stands at $43.3bn, NA told

ISLAMABAD: Minister for Water Resources Syed Khursheed Shah on Monday said there is a huge difference between the...

Published 24 May, 2022 05:35am

Business & Finance

South Korea May 1-20 exports rise 24.1% y/y, trade deficit at $4.8bn

SEOUL: South Korea’s exports for the first 20 days of May jumped 24.1% year-on-year, while imports increased at a...

Published 23 May, 2022 10:52am

Opinion

Addressing the mountain of debt

Sustainable economic growth requires identifying gaps, devising effective policies and working towards consistent...

Published 19 May, 2022 05:29am

Business & Finance

Trade deficit of $1.4bn with S Korea worries FPCCI chief

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has...

Published 18 May, 2022 06:59am

Markets

PKR loses 3.1pc

KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ...

Published 16 May, 2022 05:42am

Jul-Apr exports grow 25.55pc to $26.25bn YoY

Country’s trade deficit widens by 64.90 percent from $23.826 billion in July-April 2020-21 to $39.290 billion in July-April 2021-22

Updated 15 May, 2022 12:14pm

Business & Finance

Economy cannot sustain current level of trade deficit: FPCCI

KARACHI: President FPCCI, Irfan Iqbal Sheikh said that the economy cannot sustain the current level of trade ...

Published 10 May, 2022 06:20am

Business & Finance

Jul-Mar services’ exports grow 17.07pc to $5.15bn YoY

ISLAMABAD: The exports of services from the country witnessed an increase of 17.07 percent during the first three...

Published 08 May, 2022 07:06am

Business & Finance

FPCCI urges govt to declare ‘economic emergency’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to...

Published 07 May, 2022 05:46am

World

US goods trade deficit hits record high; inventories rise

WASHINGTON: The US trade deficit in goods widened to a record high in March amid a broad surge in imports,...

Published 27 Apr, 2022 08:36pm

Opinion

Growth in imports

The information on the composition of imports from July 21 to March 22 was released recently by the Pakistan Bureau...

Published 26 Apr, 2022 05:20am

Editorials

Miftah wouldn’t come back empty-handed

EDITORIAL: The statement issued by the new International Monetary Fund (IMF) mission chief for the ongoing Extended...

Published 26 Apr, 2022 05:20am

Jul-Mar imports soar 49.10pc to $58.877bn YoY

Trade deficit widens by 70.76 percent from $20.802 billion in July-March 2020-21 to $35.522 billion in July-March 2021-22

Updated 17 Apr, 2022 12:57pm

Business & Finance

FPCCI chief highlights huge trade deficit with Morocco

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry Irfan Iqbal Sheikh has stressed...

Published 12 Apr, 2022 05:17am

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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