Business News

NBP Exchange Rates

  • KARACHI,‌(MILLAT+APP): Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.60 104.40 104.19 U.K. 128.06 127.82 127.55 EURO 110.11 109.90 109.67 CANADA 78.93 78.78 78.57 SWITZERLAND 102.73 102.53 102.26 AUSTRALIA 76.49 76.34 76.14 SWEDEN 11.54 11.51 11.48 JAPAN […]

  • Venezuela boosts minimum wage by 50 percent

    CARACAS, (MILLAT+APP/AFP): Embattled President Nicolas Maduro on Sunday raised the minimum wage by 50 percent in Venezuela, a country with astronomical inflation. Maduro said he was raising the minimum wage to 40 bolivars, about 60 dollars at the highest official exchange rate, or $12 on the black market. “To get the year started, I have […]

  • Market rates of bullion in Lahore

    LAHORE, MILLAT+(APP):-Following bullion rates were received from markets here on Saturday. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 42781.00 GOLD 22 CT————-39216.00 GOLD 21 CT————-37434.00 SILVER TEZABI————565.00 SILVER THOBI————-550.00

  • China forex reserves fall by $320 bln in 2016

    BEIJING, (MILLAT+APP/AFP) – China’s foreign exchange reserves fell by $320 billion last year, Beijing announced Saturday, as authorities sought to support the yuan against a soaring dollar which is encouraging capital outflows. The country’s vast foreign exchange reserves, the largest in the world, slipped to $3.011 trillion at the end of December, the State Administration […]

  • NPMC reviews CPI, SPI inflation trends

    ISLAMABAD, (MILLAT+APP): The National Price Monitoring Committee (NPMC) reviewed the inflation trends based on Consumer Price Index (CPI) and Sensitive Price Indicator (SPI). The meeting of the committee was chaired by Finance Minister, Senator Mohammad Ishaq Dar while it was attended by the representatives from the Provinces of Punjab, Sindh, Khyber Pakhthunkhwa, Islamabad Capital Territory, […]

  • US stocks hit records as Dow flirts with 20,000 points

    NEW (millat+APP/AFP) – US stocks finished the week on a strong note with both the S&P 500 and Nasdaq closing at new records, bolstered by strong gains by large technology shares. Wall Street also made its most audacious run yet at the 20,000-point milestone for the Dow Jones Industrial Average. The blue-chip index got to […]