MPS Preview: High for Longer

China to lend $2 Billion to Pakistan to shore up rupee

10:18
January 1, 2019
MG

January 01, 2019 (MLN): According to Financial Times, China has pledged to lend $2 billion to Pakistan to shore up its foreign exchange reserves and avoid further devaluation of PKR against the dollar. Pakistan’s continuous struggle with a weakening fiscal position and high debt repayments also led to this development.

The news regarding China’s decision to lend 15 billion Yuan ($2 billion) to Pakistan first surfaced in November. The amount is likely to be lent for a period of three years. However, China has not publicly announced this development as yet.

Copyright Mettis Link News

Posted on: 2019-01-01T15:18:00+05:00

25097

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.07336	1.07339	1.07339	1.07336	05:34 AM
3	GBP	1.25117	1.25121	1.25121	1.25117	05:34 AM
4	CHF	0.91180	0.91220	0.91220	0.91180	05:34 AM
5	JPY	156.54400	156.55300	156.55300	156.54400	05:34 AM
6	CAD	1.36490	1.36540	1.36540	1.36490	05:34 AM
7	AUD	0.65392	0.65395	0.65395	0.65392	05:34 AM
8	INR	83.33500	83.35000	83.35000	83.33500	05:34 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	02:33 PM
10	AED	3.67240	3.67340	3.67340	3.67240	02:33 PM
11	HKD	7.82789	7.82815	7.82815	7.82789	05:34 AM
12	CNH	7.26062	7.26070	7.26070	7.26062	05:34 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.93000	36.95000	36.95000	36.93000	05:34 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,247.80000	16,263.90000	16,263.90000	16,247.80000	05:34 AM
17	SGD	1.36020	1.36120	1.36120	1.36020	05:34 AM
18	NZD	0.59542	0.59547	0.59547	0.59542	05:34 AM
19	MXN	17.24440	17.27440	17.27440	17.24440	05:34 AM
20	TRY	32.57470	32.58200	32.58198	32.57469	05:34 AM
21	SEK	10.88110	10.88260	10.88264	10.88112	05:34 AM
22	ZAR	18.98000	18.98720	18.98720	18.98000	05:34 AM
23	NOK	10.98300	10.98560	10.98562	10.98303	05:34 AM
24	DKK	6.94763	6.94813	6.94813	6.94763	05:34 AM
25	ARS	873.75800	873.76600	873.76638	873.75799	05:34 AM
26	BDT	108.04100	111.39600	111.39646	108.04059	09:00 PM
27	BHD	0.37700	0.37705	0.37705	0.37700	02:33 PM
28	BRL	5.15820	5.16120	5.16120	5.15820	05:30 AM
29	KRW	1,375.40000	1,377.40000	1,377.40000	1,375.40000	05:34 AM
30	KWD	0.30763	0.30803	0.30803	0.30763	02:33 PM
31	LKR	293.66700	300.19200	300.19250	293.66718	09:00 PM
32	OMR	0.38498	0.38503	0.38503	0.38498	02:33 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	02:33 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.18150	73.04590	73.04591	71.18154	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,654.50000	12,719.70000	12,719.70506	12,654.45190	09:00 PM
40	PHP	57.65900	57.75300	57.75300	57.65900	05:34 AM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	04:47 AM
43	KES	134.00000	136.00000	136.00000	134.00000	03:57 AM
44	AMD	361.96900	417.90000	417.89987	361.96859	09:00 PM
45	TWD	32.57130	32.60130	32.60130	32.57130	05:34 AM
46	XAU	2,349.42000	2,349.78000	2,349.78000	2,349.42000	05:33 AM
47	XAG	27.63920	27.64880	27.64880	27.63920	05:33 AM
48	XPT	917.50000	919.00000	918.85000	917.50000	02:33 PM
49	XPD	977.75000	982.75000	982.75000	978.27000	02:33 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,766.97000	3,850.87000	3,850.86857	3,766.97165	09:00 PM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	72,862.41	72,775.947	71,764.18	804.546	1.118	181,568,585.0	7,835,426,137.750	1	26/04/2024 02:45 PM
ALLSHR	47,721.89	47,618.411	47,040.09	443.457	0.940	305,881,968.0	12,383,717,595.160	1	26/04/2024 02:45 PM
KSE30	24,069.72	24,048.773	23,676.59	299.728	1.262	39,583,840.0	4,648,880,059.680	1	26/04/2024 02:45 PM
KMI30	122,619.01	122,448.381	120,539.93	1,545.424	1.278	66,063,641.0	4,476,801,002.900	1	26/04/2024 02:45 PM
KMIALLSHR	34,120.82	34,072.558	33,623.23	373.118	1.107	189,518,009.0	9,194,585,525.650	1	26/04/2024 02:45 PM
BKTi	18,070.10	17,999.856	17,783.46	127.497	0.713	5,573,842.0	738,232,823.350	1	26/04/2024 02:45 PM
OGTi	17,165.47	17,118.042	16,915.39	86.981	0.511	7,514,294.0	996,077,853.610	1	26/04/2024 02:45 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	65,065.0	65,390.0	64,510.0	-205.00
BRENT CRUDE	EB	89.1	89.7	89.0	0.09
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	0.0	0.0	-0.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.7	84.2	83.6	0.14
SUGAR #11 WORLD	SB	19.4	19.4	19.0	0.23

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

MPS Preview: High for Longer

Trending :

China to lend $2 Billion to Pakistan to shore up rupee

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

SECP grants certificate of incorporation to BOP’s Exchange Company

LCI records 46% YoY drop in earnings for 9MFY24

Sri Lanka’s inflation drops to 2.5% in March

Holiday declared in Karachi on Tuesday