Business News

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 Thursday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 15-12-16 For 3 months and over but less than 6 months […]

  • Foreign exchange rates

    KARACHI, (MILLAT+APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Thursday. 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 1.2982 15.12.16 CONVERSION RATES FOR 15TH DECEMBER 2016 FOR […]

  • KPT shipping intelligence report

    KARACHI, (MILLAT+APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Wednesday. ALONG SIDE (Bulk Oil Pier): OP-I Union Fortune D. Chemical Alpine 13/12/16 OP-II Meaersk Kaya L. Naptha Alpine 10/12/16 ALONG SIDE (East Wharves): 2/3 Pacific Legend D. Dap Bulk-Sh, 09/12/16 4 Nautical Alice […]

  • Dar directs BoI to formulate long term investment plan

    ISLAMABAD, (MILLAT+APP): Minister for Finance Mohammad Ishaq Dar Wednesday directed the Board of Investment (BoI) for formulating a long term investment plan focusing on sectors which had potential to absorb maximum investments and create more job opportunities in country. The minister held a meeting with Chairman BoI Miftah Ismail and Special Advisor to Prime Minister […]

  • Hong Kong stocks end higher

    HONG KONG, (MILLAT+APP/AFP): Hong Kong shares ended slightly higher on Wednesday following another record close on Wall Street as investors look ahead to the conclusion of a key Federal Reserve policy meeting later in the day. The Hang Seng Index ticked up 9.92 points to 22,456.62 by the break. But the benchmark Shanghai Composite Index […]

  • Currency rates of NBP

    KARACHI, (MILLAT+APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. U.S.A 105.65/ 103.11 S.ARABIA 28.03/ 26.38 U.K 133.69/ 130.48 JAPAN 0.9171/ 0.8949 EURO 112.37/ 109.64 U.A.E 28.76/ 26.36