KARACHI, July 20 (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 105.30 105.35 U.S $ (Cash Free Market) 107.00 107.25 SAUDIA RIYAL 28.40 28.65 UAE DIRHAM 29.05 29.30 EURO 122.50 123.50 […]
Business News
Kerb currency market
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Dow, S&P 500, Nasdaq end at new records
NEW YORK, July 19, (APP/AFP) – Wall Street stocks jumped to fresh records Wednesday on higher oil prices, better-than-expected housing data and mostly solid earnings. The Dow Jones Industrial Average rose 0.3 percent to close at 21,639.11, edging past its prior record set earlier this month. The S&P 500 gained 0.5 percent to end at […]
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Dow, S&P 500, Nasdaq end at new records
NEW YORK, July 19, (APP/AFP) – Wall Street stocks jumped to fresh records Wednesday on higher oil prices, better-than-expected housing data and mostly solid earnings reports. All three major US stock indices finished at new records, with the Dow Jones Industrial Average rising 0.3 percent to 21,640.75, edging past a prior record set earlier this […]
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Morgan Stanley to shift jobs to Frankfurt due to Brexit
NEW YORK, July 19, (APP/AFP) – Morgan Stanley has picked Frankfurt as its temporary hub in the European Union once Brexit takes effect, a person familiar with the situation said Wednesday. The New York investment bank will double staff in the German city to 400 in order to be ready to continue to operate in […]
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Nasdaq boosted to record close by Netflix; Dow ends down
NEW YORK, July 18, (APP/AFP) – The Nasdaq surged to a fresh record close Tuesday following strong Netflix earnings, which offset worries about the prospects of President Donald Trump’s agenda and earnings disappointments from other companies. At the closing bell, the tech-rich Nasdaq Composite Index was at 6,343.63, up 0.5 percent, its first record since […]
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Tokyo stocks open lower
TOKYO, July 19, (APP/AFP) – Tokyo stocks opened lower on Wednesday as a higher yen, on the backdrop of worries about US President Donald Trump’s relations with the Congress, weighed on exporters. The benchmark Nikkei 225 index fell 0.12 percent, or 23.57 points, to 19,976.34 in the first minutes of trading while the Topix index […]