KARACHI, (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. 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 0.1607 09.08.16 CONVERSION RATES FOR 09TH August 2016 FOR […]
Business News
Foreign exchange rates
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Oil prices retreat in Asia trade
SINGAPORE, (APP/AFP) – Oil prices retreated in Asia trade after rebounding overnight on news that OPEC is planning informal talks next month — a sign it could intervene to strengthen prices. The Organization of the Petroleum Exporting Countries said in a statement that a meeting would take place on the sidelines of the International Energy […]
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Shipping activity at Port Qasim
KARACHI, (APP): Five ships C.V MSC Busan, M.V BBC Shanghai, M.T Buga Akasa, M.T Bhai Ravi and M.T Evita carrying containers, general cargo, palm oil, chemicals and furnace oil were allotted berths at Qasim International Container Terminal, Multi Purpose Terminal, Liquid Cargo Terminal, Engro Vopak Terminal and FOTCO Oil Terminal respectively on Sunday, Meanwhile five […]
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Spot rates of cotton (Crop 2015-2016)
KARACHI, (APP): Karachi Cotton Association (KCA) on Monday 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 6,800 135 6,935 Equivalent 40 kgs 7,288 145 7,433
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Kerb currency market
KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.73 104.78 U.S $ (Cash Free Market) 106.00 106.20 SAUDIA RIYAL 28.20 28.40 UAE DIRHAM 28.90 29.10 EURO 117.50 118.50 UK POUND […]
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Tokyo stocks rally after upbeat US jobs data
TOKYO, (APP/AFP) – Tokyo stocks ended higher on Monday as forecast-beating US jobs data lifted sentiment and weakened the yen, giving a boost to exporters including Toyota and rival automaker Nissan. The benchmark Nikkei 225 index rallied 2.44 percent, or 396.12 points, to finish at 16,650.57, while the broader Topix index of all first-section shares […]