SBP

KSE-100 index rises 74.04 points, settles at 64,890.51

Central bank takes cautious approach against likely uptick in inflation readings amid ongoing talks with IMF

Experts split as decision looms on whether to cut or maintain record high rate

SBP’s Q2 report highlights progress in payment ecosystem

Says faulty notes can be exchanged at any of the 16 designated offices of central bank

Aims to lead National Financial Literacy Programme for adults and youngsters

Drop in foreign currency reserves pulls down currency

Records 1.27% increase, SBP rate cut foreseen as CPI hits 20-month low

Banks’ profit margins under pressure as govt borrowing rises, market anticipates policy rate cut

Pakistan’s exports to other countries witnessed increase of 9.32% in first seven months

Currency touches new four-month high at Rs279.12 vs dollar

Beijing had initially sought a hike in interest rate

Drops nominally to Rs279.28 vs dollar in inter-bank network

Reaches 93% of total deposits as banks continue to lend freely to govt

KSE-100 index soars 2,943 points, or 4.9% WoW, closes at 62,816

Allows utilisation of proceeds kept abroad without central bank’s prior approval

SBP deputy governor announces central bank’s new project to support small farmers

Stands at Rs279.36 to a dollar in inter-bank market

Regains Rs0.07, reaches Rs279.50/$ at interbank market

RDA inflows fall to $142m in Jan 2024, compared to $160m in Dec 2023

According to ECAP currency drops by 0.08%, or Rs0.23, on a day-to-day basis in market

KSE-100 index losses 3,071 points, or -4.9% WoW, to close at 59,872.96

Govt hopes to raise Rs150 billion at low rate of return at auction on Feb 20

Strategic move stabilises rupee-dollar parity, meets IMF targets on NIR

Moody’s warning, dwindling reserves exacerbate markets

Says reforms, policies have contributed to making conducive business environment

SBP attributes no specific reason for rise

KSE-100 index plummets 1,133.78 points, settles at 61,020.06

KSE-100 index gains 161.61 points, settles at 61,226.92

Surge by 26% to reach $2.39b in January 2024, signalling confidence in economy

Debt and liabilities increase by another Rs17.4tr as of end-Dec

Benchmark KSE-100 index dives 1,878.43 points, settles at 61,065.32

Recorded at $260.716m during Jul-Dec 2023-24

SBP attributes decrease to debt repayment; rupee appreciates slightly

Stresses need to address sustainability of Pakistan’s debt

KSE-100 index lost 810 points, or 1.3% WoW, settles at 63,002.92

Stable prices, reduced interest rates forecasted to drive demand

Despite persistent elevation, this marks second consecutive week of downturn

Jan inflation stands high at 28.3%, in line with finance ministry’s projection

Despite outflows due to foreign debt repayment, the reserves remain robust

Some countries have introduced polymer banknotes, which are cheaper, can accommodate even more new safety features

Liberalisation sparks confidence amid forex reserves surge, traders eye greenback surge

KSE-100 index rises 137.44 points, settles at 61,979.18

SBP admits that inflation will be higher than it had previously projected, raising its annual estimate to almost 25%

KSE-100 index dives 931.98 points, settles at 61,841.74

Currency hits 3-month high at 279.55 against dollar

Anticipates inflation hitting 23-25%, unveils plans for new currency notes

KSE-100 index slumps 1,039.34 points, settles at 62,773.72

Increase $243m in a week, helping rupee to stay stable

KSE-100 index drops 524.43 points, settles at 64,298.01