Business News

Oil prices turn higher as dealers eye output talks

  • SINGAPORE, (APP/AFP) – Oil prices turned higher in Asian trade Thursday, a day after suffering hefty losses in response to data showing a surprise jump in US stockpiles, while hopes for a deal to limit output were dealt a blow. The US energy department said Wednesday that inventories soared 2.5 million barrels last week, confounding […]

  • European stocks dip at open

    LONDON, (APP/AFP) – Europe’s main stock markets fell at the start of trade on Thursday, with London’s benchmark FTSE 100 index down 0.4 percent to 6,810.08 points. Frankfurt’s DAX 30 also lost 0.4 percent to 10,576.56 points and the Paris CAC 40 shed 0.5 percent to 4,414.41 points, compared with Wednesday’s close. Asian energy firms […]

  • European stocks slip at open

    LONDON, (APP/AFP): Europe’s main stock markets fell at the start of trading on Wednesday, with London’s benchmark FTSE 100 index down 0.6 percent to 6,838.35 points. Frankfurt’s DAX 30 also lost 0.6 percent to 10,531.14 points and the Paris CAC 40 shed 0.7 percent to 4,389.17, compared with Tuesday’s close.

  • 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 Wednesday. U.S.A 105.65/ 103.14 S.ARABIA 28.03/ 26.38 U.K 139.23/ 135.93 JAPAN 1.0526 1.0271 EURO 119.35/ 116.53 U.A.E 28.76/ 26.36

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 139.23 135.93 JAPAN 1.0526 1.0271 EURO 119.35 116.53 U.A.E 28.76 26.36 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.2146 24-08-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.60 104.40 104.19 U.K. 137.85 137.58 137.30 EURO 118.17 117.95 117.70 CANADA 80.90 80.74 80.53 SWITZERLAND 108.54 108.33 108.05 AUSTRALIA 79.59 79.44 79.23 SWEDEN 12.47 12.45 12.42 […]