Business News

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 24-08-16 For 3 months and over but less than 6 months […]

  • 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 1.2290 24.08.16 CONVERSION RATES FOR 24TH AUGUST 2016 FOR […]

  • KPT shipping intelligence report

    KARACHI, (APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Monday. ALONG SIDE (Bulk Oil Pier): OP-I Quetta D. Crude Oil PNSC 13/08/16 OP-II Ocean Jupiter L. Naptha Alpine 14/08/16 OP-III Evita D. HSFO Alpine 14/08/16 ALONG SIDE (East Wharves): 4 Privaeqean D. Coal […]

  • European stocks steady at open

    LONDON, (APP/AFP): European stock markets stabilised at the start of trading on Monday, with London’s benchmark FTSE 100 index essentially flat at 6,914.43 points. In the eurozone, Frankfurt’s DAX 30 was almost unchanged at 10,719.14 points, while the Paris CAC 40 added nearly 0.1 percent to open at 4,503.65 compared with the close on Friday.

  • Hong Kong and Shanghai stocks end higher

    HONG KONG, (APP/AFP): Chinese stocks rose Monday on hopes the government will soon launch a scheme to link trading on the Shenzhen exchange with the Hong Kong bourse. The Hang Seng Index advanced 0.73 percent, or 165.60 points, to 22,932.51. The benchmark Shanghai Composite Index jumped 2.44 percent, or 74.53 points, to 3,125.20 while the […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 26.35 U.K 136.50 133.27 JAPAN 1.0420 1.0167 EURO 117.78 114.99 U.A.E 28.74 26.34 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.2037 15-08-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]