Business News

Spot rates of cotton (Crop 2015-2016)

  • KARACHI, (APP): Karachi Cotton Association (KCA) on Wednesday 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 6,350 135 6,485 Equivalent 40 kgs 7,805 145 6,950

  • 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 Wednesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.84 104.86 U.S $ (Cash Free Market) 105.70 105.90 SAUDIA RIYAL 28.05 28.25 UAE DIRHAM 28.75 28.95 EURO 115.80 116.80 UK POUND […]

  • 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 Wednesday. ALONG SIDE (Bulk Oil Pier): OP-I Navig8 D. Petrol Alpine 25/07/16 OP-II Xiu Chi D. Petrol GAC 25/07/16 OP-III Athina D. Petrol Trans Maritime 26/07/16 ALONG SIDE (East Wharves): 2/3 Ananya Naree D. […]

  • Shanghai stocks tumble by break

    HONG KONG, (APP/AFP) – Shanghai stocks sank Wednesday morning as traders took profits from a recent rally, while Hong Kong also dipped as a much-anticipated Federal Reserve policy meeting wraps up later in the day. The benchmark Shanghai Composite Index fell 1.62 percent, or 49.38 points, to 3,000.79, while the Shenzhen Composite Index, which tracks […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 138.61 135.33 JAPAN 0.9977 0.9735 EURO 116.18 113.43 U.A.E 28.76 26.36 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 1.0444 26-07-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • 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 27-07-16 For 3 months and over but less than 6 months […]