Business News

Hong Kong, Shanghai close up in first trade of year

  • HONG KONG, (MILLAT+APP/AFP) – Hong Kong and Shanghai stocks ended higher Tuesday after opening flat on the first trading day of the year. The Hang Seng Index climbed 0.57 percent, or 125.45 points, to end at 22,126.01. The benchmark Shanghai Composite Index gained 1.04 percent, or 32.28 points, to 3,135.92 on turnover of 159.9 billion […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.44 102.86 S.ARABIA 27.97 26.32 U.K 129.73 126.52 JAPAN 0.8984 0.8766 EURO 110.55 107.66 U.A.E 28.71 26.31 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.3177 03-1-2017 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 1PY 0.0000 BILL […]

  • NBP Exchange Rates

    KARACHI, (MILLAT+APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.40 104.20 103.90 U.K. 128.45 128.20 127.80 EURO 109.46 109.25 108.75 CANADA 77.85 77.70 77.50 SWITZERLAND 102.19 102.00 101.73 AUSTRALIA 75.47 75.32 75.12 SWEDEN 11.46 11.44 11.41 […]

  • Foreign Currency Account Scheme

    KARACHI,(MILLAT+APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 03-01-17 For 3 months and over but less than 6 months 0.7479% […]

  • Shipping activity at Port Qasim

    KARACHI (MILLAT+APP): Two ships C.V Newark and M.V Amoy Action carrying containers and 37,000 tonnes coal were allotted berths at Qasim International Container Terminal and Multi Purpose Terminal Berth No.1 respectively on Sunday. Meanwhile four more ships Al-Bahia, MSC Silvana, El-Kadel and Bochem Chennani with containers, diesel oil and palm oil also arrived at outer […]

  • KPT Shipping Movements Report

    KARACHI, (MILLAT+APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 48 hours, ending at 0700 hours on Monday. SHIPS SAILED: Walleye Chiplobrok Star Han LI Taroko COSCO Wellington M.T.Karachi Nautical Ailce Hammonia Virginia YM Enlightenmnet MSC Positano NASCO Jade Al Farahidi SHIPS BERTHED: Citron Tanker MSC Positano Container Ship Hong […]