SELLING BUYING U.S.A 105.90 103.39 S.ARABIA 28.10 26.44 U.K 138.79 135.50 JAPAN 1.0278 1.0029 EURO 118.13 115.33 U.A.E 28.83 26.43 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.2315 31-08-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]
Business News
EXCHANGE RATES FOR CURRENCY NOTES
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Foreign Currency Account Scheme
KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 31-08-16 For 3 months and over but less than 6 months […]
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Foreign exchange rates
KARACHI,(APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. 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 1.2243 31.08.16 CONVERSION RATES FOR 31ST AUGUST 2016 FOR FOREIGN […]
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Dollar holds gains on Fed rate hike bets
TOKYO, (APP/AFP): The dollar held its ground Wednesday as traders bet on a US rate hike while poor Japanese factory output pressured the yen. Investors have been piling into the greenback since Fed boss Janet Yellen hinted last week that the world’s top economy may be strong enough to withstand higher borrowing costs. She did […]
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Asia markets mostly down but Tokyo soars on weak yen
HONG KONG, (APP/AFP) – Tokyo stocks resumed a rally Wednesday as the yen fell against the dollar on US interest rate talk but most other Asian markets struggled as investors were spooked by the prospects of higher borrowing costs in the world’s top economy. Dollar demand has intensified since Federal Reserve boss Janet Yellen on […]
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Hong Kong stocks rally after US lead
HONG KONG, (APP/AFP): Hong Kong stocks surged Tuesday in line with a broad regional advance and following a strong lead from Wall Street, as traders look ahead to the release of US jobs data and Chinese factory figures. The Hang Seng Index rose 0.85 percent, or 194.77 points, to close at 23,016.11. The benchmark Shanghai […]