Trends - policy rate cut - Business Recorder

policy rate cut

100bps cut in policy rate

EDITORIAL: On 5 May the Monetary Policy Committee (MPC) decided to reduce the discount rate by 100 basis points —...

Updated 07 May, 2025 07:23am

Business & Finance

PRAC raises concern over ‘insufficient’ policy rate cut

KARACHI: The Policy Research Advocacy Council (PRAC) has expressed concern over the SBP’s decision to cut the...

Published 07 May, 2025 06:06am

Editorials

Monetary Policy Statement

EDITORIAL: The Monetary Policy Committee (MPC) under the chairmanship of Governor State Bank of Pakistan, Jameel...

Published 29 Jan, 2025 06:46am

Business & Finance

Cut in interest rate: PBF describes SBP decision positive step for businessmen

KARACHI: The President of the Pakistan Business Forum (PBF), Khawaja Mehboob ur Rehman has expressed his approval of...

Published 29 Jan, 2025 06:46am

Business & Finance

100 basis points cut in policy rate: S M Tanveer shows disappointment

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG), has expressed disappointment over the State...

Published 28 Jan, 2025 08:12am

Business & Finance

Demand for steeper cut in policy rate

KARACHI Former President of Employers Federation of Pakistan (EFP) Ismail Sattar has said that business community on...

Published 28 Jan, 2025 06:45am

Business & Finance

FPCCI terms 100bps policy rate cut ‘grossly insufficient’ reduction

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of ...

Published 28 Jan, 2025 06:45am

Business & Finance

Policy rate cut by 100bps to 12pc on easing inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to reduce the policy...

Published 28 Jan, 2025 06:45am

Business & Finance

Policy rate cut will boost investor confidence: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said that the policy rate reduction by 1 percent by State Bank of...

Published 28 Jan, 2025 06:45am

Pakistan

Bulk of Pakistan’s foreign debt repayment for FY25 already repaid: SBP chief

Governor State Bank of Pakistan (SBP) Jameel Ahmad on Monday said “bulk of” the country’s foreign debt for the...

Updated 27 Jan, 2025 09:51pm

Business & Finance

In line with expectations: SBP reduces key interest rate by 100bps, takes it to 12%

MPC expects headline inflation for FY25 to average between 5.5-7.5%

Updated 27 Jan, 2025 11:35pm

Business & Finance

PCDMA chief seeks cut in policy rate to single-digit

KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimohammad has urged the...

Published 25 Jan, 2025 06:22am

Business & Finance

SITE body calls for reducing policy rate to single digit

KARACHI: The President of the SITE Association of Industry Karachi, Ahmed Azeem Alvi, has called for reducing the...

Published 25 Jan, 2025 06:22am

PM sees more room for policy rate cut

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday emphasized the strong connection between political stability...

Updated 03 Jan, 2025 03:41pm

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

Markets

How the key interest rate has moved since July 2022

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday reduced the key policy rate by 200...

Updated 16 Dec, 2024 09:46pm

Markets

Fifth successive cut: SBP reduces key policy rate by 200bps, takes it to 13%

Development in line with analysts' expectations

Updated 16 Dec, 2024 10:39pm

Business community leaders urge SBP to cut interest rate by 5pc

KARACHI: Business community leaders, including S.M. Tanveer, Zubair Tufail, Faisal Moiz Khan, Mazhar Nisar, Haji...

Updated 16 Dec, 2024 09:33am

Business & Finance

REAP chairman demands 500bps policy rate cut

LAHORE: Rice Exporters Association of Pakistan (REAP) Chairman Malik Faisal Jahangir has urged the government to...

Published 16 Dec, 2024 06:08am

Markets

Pakistan’s inflation likely to slow down further in September, fueling further rate cut speculation

The slowing inflationary trend in Pakistan is likely to continue in September, and projected to come down to almost...

Updated 21 Sep, 2024 08:07pm

Markets

KSE-100 retreats after briefly hitting record high of 82,000

Led by index-heavy stocks, benchmark index gains nearly 1.24% to settle at 81,459.29

Updated 19 Sep, 2024 09:00pm

Business & Finance

ICMA calls for ‘significant’ policy rate cut

KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMA) has released an in-depth analysis of ...

Updated 16 Sep, 2024 07:15am

BR Research

Circling the drain

Inflation was fairly tamed, a second policy rate cut well in play, and after a particularly gruelling exercise of...

Published 30 Jul, 2024 06:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
Dow Jones / May 8	41,368.45
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68
FTSE 100 / May 9	8,569.40
Germany DAX 30 / May 9	23,459.01
France CAC40 / May 9	7,731.05

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Petrol/Litre / May 9	252.63
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Diesel/Litre / May 9	256.64
Cotton US¢/pound / May 9	66.46

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.19 ▲ 0.76 (17.16%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	6 ▲ 0.85 (16.5%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.54 ▲ 0.63 (16.11%)
B. F. Mod. / May 9 B.F. Modaraba(BFMOD)	7.34 ▲ 0.99 (15.59%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.48 ▲ 0.69 (14.41%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
Bank Makramah / May 9 Bank Makramah Limited(BML)	3.26 ▲ 0.36 (12.41%)
UDL International / May 9 UDL International Limited(UDLI)	7 ▲ 0.75 (12%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.30 ▼ -4.78 (-14.9%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.22 ▼ -1.36 (-10.01%)
Din Tex. / May 9 Din Textile Mills Limited(DINT)	44.99 ▼ -5 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
National Silk / May 9 The National Silk & Rayon Mills Limited(NSRM)	37.85 ▼ -4.2 (-9.99%)
Masood Textile / May 9 Masood Textile Mills Limited(MSOT)	49.30 ▼ -5.47 (-9.99%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	40.39 ▼ -4.48 (-9.98%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	44,592,511 ▲ 0.07
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	30,550,618 ▲ 0.63
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	27,383,765 ▼ -1.84
B.O.Punjab / May 9 The Bank of Punjab(BOP)	17,337,127 ▲ 0.38
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	14,881,005 ▲ 0.34
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,269,913 ▼ -1.36
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,242,838 ▲ 5.61
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	13,549,880 ▲ 0.08
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	12,585,420 ▲ 0.04
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	12,332,748 ▲ 2.33

Markets →

Budget 2024-25: income tax calculator for FY25

policy rate cut

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