Business News

Tokyo stocks inch down by break with BoJ meet in focus

  • TOKYO, (MILLAT+APP/AFP) – Tokyo stocks were flat Tuesday morning as a pickup in the yen took the wind out of exporters such as Toyota and Nissan, while investors were awaiting the Bank of Japan’s last policy meeting of the year. The benchmark Nikkei 225 index edged down 5.23 points to 19,386.37 by the break, while […]

  • China to set up large steel factory at Gwadar: Envoy

    ISLAMABAD, (MILLAT+APP): Acting Chinese Ambassador to Pakistan, Zhao Lijian Monday said that his country would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework. “Both China and Pakistan would very soon sign an agreement to establish the steel factory, three times bigger […]

  • Market rates of bullion in Multan

    MULTAN, (MILLAT+APP): Following are the bullion rates received from local markets on Monday, 2016. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 42260.00 GOLD 22 CT————-38640.00 SILVER TEZABI————651.00 SILVER THOBI————-597.00

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.11 S.ARABIA 28.03 26.37 U.K 131.85 128.60 JAPAN 0.8987 0.8769 EURO 110.48 107.61 U.A.E 28.76 26.37 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.2982 19-12-2016 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 Monday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.60 104.40 104.15 U.K. 130.55 130.30 129.90 EURO 109.39 109.18 108.70 CANADA 78.42 78.27 78.06 SWITZERLAND 101.96 101.77 101.50 AUSTRALIA 76.34 76.20 76.00 SWEDEN 11.19 11.17 11.14 […]

  • Foreign exchange rates

    KARACHI, (MILLAT+APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 1.3227 19.12.16 CONVERSION RATES FOR 19TH DECEMBER 2016 FOR […]