Business News

Currency rates of NBP

  • KARACHI, (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. U.S.A 105.34/ 102.85 S.ARABIA 27.95/ 26.30 U.K 140.34/ 137.02 JAPAN 1.0309/ 1.0059 EURO 118.78/ 115.97 U.A.E 28.68/ 26.29

  • Foreign exchange rates

    KARACHI, (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 1.2336 09.09.16 CONVERSION RATES FOR 9TH SEPTEMBER 2016 FOR […]

  • Seoul leads most Asia markets down after N. Korea test

    HONG KONG, (APP/AFP): South Korean stocks and the won led most Asian markets lower Friday after the North conducted another nuclear test, while trading was also hit by worries over global central bank policy easing. Pyongyang said it had conducted a “successful” fifth nuclear test, which South Korea said was its largest-ever. Seoul’s KOSPI was […]

  • Yen up, won hit as NKorea atomic test jolts markets

    TOKYO, (APP/AFP) – Traders bought the yen and dumped the South Korean won Friday as financial markets were jolted by news that North Korea conducted another nuclear test, reigniting geopolitical tensions. Pyongyang later said the test had confirmed that it could mount a nuclear warhead on a rocket, hours after it carried out its fifth […]

  • Oil prices fall in Asia following sharp gains

    SINGAPORE, (APP/AFP) – Oil prices retreated Friday, taking a chunk out of the previous day’s rally as investors digested data suggesting last week’s plunge in US stockpiles was likely a one-off. Both main contracts soared more than two dollars Thursday after the energy department said US inventories dropped 14.5 million barrels, the sharpest rate in […]

  • Asia markets mostly up as China data boosts Shanghai

    HONG KONG, (APP/AFP) – Asian markets mostly rose Thursday, extending a recent run of gains while Hong Kong and Shanghai were boosted by data showing Chinese imports rose in August for the first time in almost two years. Regional shares have enjoyed a strong run since the start of the month, fuelled by optimism about […]