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 Friday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 09-12-16 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 Friday. 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 1.2932 09.12.16 CONVERSION RATES FOR 08TH 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 Thursday. ALONG SIDE (Bulk Oil Pier): OP-I Al Dasma D. Petrol GAC 07/12/16 OP-II Torvangoer L. Ethanol Alpine 05/12/16 OP-III Lady Maden D. Petrol Trans Maritime 06/12/16 ALONG SIDE (East Wharves): 1/2 Nave Polaris […]

  • Spot rates of cotton (Crop 2016-2017)

    KARACHI, (MILLAT+APP): Karachi Cotton Association (KCA) on Wednesday 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 6,300 135 6,435 Equivalent 40 kgs 6,752 145 6,897

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    CPEC opening new doors of opportunities for Balochistan: Ahsan Iqbal

    ISLAMABAD, (MILLAT+APP): Federal Minister for Planning, Development and Reforms, Ahsan Iqbal Thursday said that China-Pakistan Economic Corridor (CPEC) was opening new doors of opportunities for the people of Balochistan. According to a press release issued here, he said, all suspicions about the Western route have been proven wrong and mentioned that the first trade convoy […]

  • Hong Kong stocks extend gains at open

    HONG KONG, (MILLAT+APP/AFP) – Stocks rallied again at the open Thursday in Hong Kong, taking a lead from another record on Wall Street, with investors looking ahead to a European Central Bank meeting later in the day. The Hang Seng index rose 0.88 percent, or 200.71 points, to 23,001.63. The benchmark Shanghai Composite Index gained […]