By Shahid Sattar | Muhammad Mubasal Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has averaged around 13% of GDP which by far is the lowest in the region. To put things into perspective, India and Bangladesh had an average savings rate of 32% […]
By Shahid Sattar | Noreen Akhtar In recent years, sustainable development has garnered significant attention across various industries. Among these sectors, the textile industry has notably advanced in adopting eco-friendly practices predominantly guided by large companies promoting their persona of eco-friendly business models. One of the key focus areas includes the use of recycled or […]
By Shahid Sattar | Absar Ali Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent. Pakistan faces a situation akin to the “boiling frog” metaphor, where the gradual increase in energy tariffs is slowly but steadily undermining the economic viability of its manufacturing sectors, especially textile and apparel that are the […]
ALL PAKISTAN TEXTILE MILLS ASSOCIATION PRINCIPAL OFFICE ISLAMABAD ELECTION SCHEDULE ELECTION OF THE EXECUTIVE COMMITTEE MEMBERS AND THE OFFICE BEARERS OF APTMA FOR THE YEAR 2022-23 DAY DATE RULE ACTIVITY Tue 05-07-2022 14(2-a) Announcement of Election Schedule and circulation of Preliminary List of Voters. Thu 07-07-2022 18(2) Receiving changes in the names of Authorized Representative(s) […]
The higher import bill and current account deficit (CAD) noted in recent months poses serious risks to the macroeconomic outlook, particularly Pakistan’s Balance of Payments. This has highlighted the need to take holistic action in achieving a trade balance, as both imports and exports present us with their own unique set of dynamics. While our […]
The higher import bill and current account deficit (CAD) noted in recent months poses serious risks to the macroeconomic outlook, particularly Pakistan’s Balance of Payments. This has highlighted the need to take holistic action in achieving a trade balance, as both imports and exports present us with their own unique set of dynamics. While our […]
May 8, 2024
Country |
Currency |
Selling |
Buying |
UNITED STATES OF AMERICA |
USD |
278.35 |
278.05 |
UNITED KINGDOM |
GBP |
349.32 |
348.70 |
EUROPE |
EUR |
300.12 |
299.58 |
JAPAN |
JPY |
1.8077 |
1.8044 |
May 07, 2024
Currency |
Spot |
Sight/OD |
1 Month |
2 Month |
3 Month |
4 Month |
5 Month |
6 Month |
USD |
277.90 |
277.17 |
276.01 |
274.06 |
272.23 |
270.41 |
268.58 |
266.69 |
EUR |
299.20 |
298.48 |
297.55 |
295.84 |
294.29 |
292.82 |
291.25 |
289.62 |
GBP |
348.86 |
347.94 |
346.55 |
344.17 |
341.95 |
339.78 |
337.56 |
335.27 |
JPY |
1.7993 |
1.7966 |
1.7958 |
1.7910 |
1.7873 |
1.7834 |
1.7796 |
1.7754 |
CAD |
203.18 |
202.68 |
201.90 |
200.58 |
199.36 |
198.18 |
196.96 |
195.69 |
May 03, 2024
A Index = 83.25
A Index Change = (-0.30)
May 07, 2024
Contract |
Close |
Change |
CTK24 May-2024 |
77.00 |
+ 0.44 |
CTN24 July-2024 |
77.50 |
+ 0.44 |
CTV24 Oct-2024 |
76.65 |
+ 0.49 |
May 07, 2024
KCA (Grade -3) Spot
21,112
May 07, 2023
Prod |
Last |
Change |
Vol |
Open Interest |
WQK 24 (May 24) |
15,270 |
– 055.00 |
5,742 |
37,313 |
WQN 24 (July 24) |
15,405 |
– 015.00 |
30,485 |
46,061 |
WQU 24 (Sep 24) |
15,555 |
– 020.00 |
261,011 |
519,842 |
WQX 24 (Nov 24) |
15,580 |
– 020.00 |
797 |
3,569 |
WQF 25 (Jan 25) |
15,415 |
– 055.00 |
39,169 |
66,605 |
WQH 25 (Mar 25) |
15,395 |
– 055.00 |
260 |
739 |
By Shahid Sattar | Muhammad Mubasal Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has averaged around 13% of GDP which by far is the lowest in the region. To put things into perspective, India and Bangladesh had an average savings rate of 32% […]
By Shahid Sattar | Noreen Akhtar In recent years, sustainable development has garnered significant attention across various industries. Among these sectors, the textile industry has notably advanced in adopting eco-friendly practices predominantly guided by large companies promoting their persona of eco-friendly business models. One of the key focus areas includes the use of recycled or […]
By Shahid Sattar | Absar Ali Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent. Pakistan faces a situation akin to the “boiling frog” metaphor, where the gradual increase in energy tariffs is slowly but steadily undermining the economic viability of its manufacturing sectors, especially textile and apparel that are the […]