KARACHI, MILLAT+(APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Monday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 19-12-16 For 3 months and over but less than 6 months […]
Business News
Foreign Currency Account Scheme
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Tokyo stocks snap nine-day winning streak, Nintendo tumbles
TOKYO, (MILLAT+APP/AFP) – Tokyo’s benchmark index on Monday snapped a nine-day winning streak as the yen’s uptick hit exporters while Nintendo tumbled seven percent with investors underwhelmed by its latest mobile game. Shares were hit by profit taking and a stronger yen on concerns about China-US tensions after Beijing seized a US Navy drone in […]
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Tokyo stocks snap nine-day winning streak, Nintendo tumbles
TOKYO, (MILLAT+APP/AFP) – Tokyo’s benchmark index on Monday snapped a nine-day winning streak after the yen’s uptick while Nintendo tumbled seven percent with investors underwhelmed by its latest iPhone game. The Nikkei 225 closed down 0.05 percent, or 9.55 points, to 19,391.60, ending its longest string of gains since mid-2015. The broader Topix index of […]
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New bills flown into Venezuela in currency crisis
CARACAS, (MILLAT+APP/AFP): A jetload of new currency finally arrived in Venezuela Sunday after its delayed arrival sparked protests and looting that jolted President Nicolas Maduro’s unpopular government. The government had briefly pulled from circulation the largest-denomination 100-bolivar bill without replacing it on Thursday, due to the delay. People around the country took to the streets […]
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TDAP to organise 3-day trade event in Sri Lanka
ISLAMABAD, (MILLAT+APP): Trade Development Authority of Pakistan (TDAP) would organize three-day trade event in Sri Lanka from January 13 to 15, 2017. According to the TDAP sources, after seeking encouraging response from Single Country Exhibition at Sri Lanka in 2016, the TDAP has decided to launch another one this year on the said dates. The […]
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Spot rates of cotton
KARACHI, (MILLAT+APP): Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,200 135 6,385 Equivalent 40 kgs 6,645 145 6,790