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State Bank restricts Chairman/Board from appointing an advisor in its recent circular

07:59
April 24, 2019
MG

April 24, 2019 (MLN): A recent circular issued by the State Bank of Pakistan has specified certain changes to Section – C of Prudential Regulations G-1 regarding Management, as per which the Chairman/Board shall not appoint an `Advisor’ in any capacity.

Accordingly, the Central Bank in its notice advised all Banks/DFIs to ensure appropriate skill mix of the Board keeping in view the overall risk profile of the institution.

“All banks/DFIs are advised to ensure compliance within six months of the date of issuance of the circular letter. After which, the non-compliance shall attract punitive action under relevant provisions of the Banking Companies Ordinance, 1962” it added.

Copyright Mettis Link News

Posted on: 2019-04-24T12:59:00+05:00

27633

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.50000	278.50000	278.30000	03:02 PM
2	EUR	1.07002	1.07006	1.07006	1.07002	01:16 PM
3	GBP	1.24458	1.24465	1.24465	1.24458	01:16 PM
4	CHF	0.91092	0.91104	0.91104	0.91092	01:16 PM
5	JPY	154.69600	154.70300	154.70300	154.69600	01:16 PM
6	CAD	1.36650	1.36700	1.36700	1.36650	01:16 PM
7	AUD	0.64853	0.64856	0.64856	0.64853	01:16 PM
8	INR	83.26800	83.28300	83.28300	83.26800	01:16 PM
9	SAR	3.75070	3.75090	3.75090	3.75070	10:16 PM
10	AED	3.67200	3.67300	3.67300	3.67200	10:14 PM
11	HKD	7.83519	7.83559	7.83559	7.83519	01:16 PM
12	CNH	7.25954	7.26014	7.26014	7.25954	01:16 PM
13	CNY	7.24300	7.24400	7.24400	7.24300	11:17 PM
14	THB	36.85100	36.97200	36.97200	36.85100	01:16 PM
15	MYR	4.77750	4.78250	4.78250	4.77750	05:42 AM
16	IDR	16,139.80000	16,143.90000	16,143.90000	16,139.80000	01:16 PM
17	SGD	1.36106	1.36117	1.36117	1.36106	01:16 PM
18	NZD	0.59397	0.59403	0.59403	0.59397	01:16 PM
19	MXN	17.01290	17.01810	17.01810	17.01290	01:16 PM
20	TRY	32.54000	32.56190	32.56190	32.54001	01:16 PM
21	SEK	10.81540	10.81850	10.81853	10.81537	01:16 PM
22	ZAR	19.10640	19.11580	19.11578	19.10642	01:16 PM
23	NOK	10.91440	10.91990	10.91989	10.91438	01:16 PM
24	DKK	6.97084	6.97134	6.97134	6.97084	01:16 PM
25	ARS	872.73700	872.74700	872.74680	872.73680	01:16 PM
26	BDT	107.93300	111.30800	111.30797	107.93329	07:19 AM
27	BHD	0.37698	0.37703	0.37703	0.37698	10:16 PM
28	BRL	5.13310	5.13610	5.13610	5.13310	01:15 PM
29	KRW	1,373.15000	1,375.15000	1,375.15000	1,373.15000	01:16 PM
30	KWD	0.30800	0.30810	0.30810	0.30800	09:03 PM
31	LKR	296.61500	303.17700	303.17688	296.61502	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	10:02 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	10:16 PM
34	RUB	93.47000	94.07000	94.07000	93.47000	11:55 AM
35	AFN	70.00000	73.00000	73.00000	70.00000	11:54 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:38 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	11:55 AM
38	MVR	15.26000	15.66000	15.66000	15.26000	11:54 AM
39	UZS	12,690.00000	12,770.00000	12,770.00000	12,690.00000	11:55 AM
40	PHP	57.36800	57.40700	57.40700	57.36800	01:16 PM
42	NGN	1,233.00000	1,234.00000	1,234.00000	1,233.00000	11:55 AM
43	KES	133.00000	135.00000	135.00000	133.00000	11:54 AM
44	AMD	390.04000	390.04000	390.04000	390.04000	07:57 AM
45	TWD	32.55380	32.58380	32.58380	32.55380	01:16 PM
46	XAU	2,328.01000	2,328.40000	2,328.40000	2,328.01000	01:15 PM
47	XAG	27.29420	27.30390	27.30390	27.29420	01:15 PM
48	XPT	911.45000	916.45000	916.45000	911.45000	10:16 PM
49	XPD	1,017.99000	1,027.99000	1,027.99000	1,017.99000	10:16 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	11:55 AM
2,212	UGX	3,769.29000	3,853.65000	3,853.65305	3,769.28701	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	07:16 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,846.64	71,359.405	71,338.43	-74.056	-0.104	383,445,458.0	14,889,881,592.600	23/04/2024 04:13 PM
ALLSHR	47,130.64	46,865.873	46,836.87	-98.781	-0.210	652,962,508.0	24,431,501,771.190	23/04/2024 04:13 PM
KSE30	23,685.35	23,566.856	23,534.69	0.501	0.002	105,787,553.0	9,001,534,258.600	23/04/2024 04:13 PM
KMI30	120,645.96	119,675.932	119,552.66	77.916	0.065	170,342,506.0	8,837,506,407.860	23/04/2024 04:13 PM
KMIALLSHR	33,523.95	33,318.567	33,318.59	-47.008	-0.141	508,418,986.0	19,702,328,669.270	23/04/2024 04:13 PM
BKTi	17,962.81	17,852.482	17,760.93	-63.214	-0.353	24,348,778.0	2,523,701,350.410	23/04/2024 04:13 PM
OGTi	17,099.54	16,869.074	16,809.71	-50.514	-0.299	6,409,607.0	961,700,948.010	23/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,790.0	67,340.0	65,795.0	180.00
BRENT CRUDE	EB	88.1	88.2	86.0	1.09
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-3.00
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.1	83.2	80.9	1.15
SUGAR #11 WORLD	SB	19.6	19.8	19.5	0.02

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