Business News

Tokyo shares up despite BoJ stimulus disappointment

  • TOKYO, (APP/AFP) – Tokyo shares rose Friday despite disappointment over the Bank of Japan’s modest stimulus tweaks as bank shares soared on news policymakers did not cut rates deeper into negative territory, which could have dented their profits. The benchmark Nikkei 225 index, which dived immediately after the bank’s announcement, was up 0.56 percent, or […]

  • 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 105.65/ 103.14 S.ARABIA 28.03/ 26.38 U.K 139.43/ 136.13 JAPAN 1.0190/ 0.9943 EURO 117.13/ 114.36 U.A.E 28.76/ 26.37

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Friday 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. 138.05 137.79 137.50 EURO 115.97 115.75 115.51 CANADA 79.59 79.44 79.23 SWITZERLAND 106.91 106.70 106.42 AUSTRALIA 78.84 78.69 78.48 SWEDEN 12.13 12.10 12.07 […]

  • Yen soars, Asia stocks hit as Bank of Japan frustrates

    HONG KONG, (APP/AFP) – The yen soared Friday and Asian stock markets slipped as the Bank of Japan’s small adjustments to its stimulus programme disappointed traders who had expected a huge boost to its arsenal. After weeks of anticipation that the central bank would pump fresh cash into the economy, policymakers said only that they […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Friday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 29-07-16 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 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 1.0867 29.07.16 CONVERSION RATES FOR 29TH JULY 2016 FOR […]