Business News

Yen slides on Japanese stimulus bets

  • TOKYO, (APP/AFP) – The yen on Thursday slid to its lowest level in about six weeks on expectations of fresh stimulus from the Japanese government and central bank, ahead of a European Central Bank meeting later in the day. Japan’s currency has lost most of the sharp gains it made in reaction to Britain’s June […]

  • KPT shipping

    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 Thursday. ALONG SIDE (Bulk Oil Pier): OP-I Salamar D. Crude Oil PNSC 19/07/16 OP-II Lahore D. Crude Oil PNSC 20/07/16 OP-III New Naxos D. HSFO Alpine 19/07/16 ALONG SIDE (East Wharves): 1 Oriental Marguerite […]

  • Asian stocks rally resumes on stimulus hope

    HONG KONG, (APP/AFP) – Asian markets got back into their positive groove Thursday following a fresh Wall Street record as traders are pumped up by strong corporate results and expectations for fresh stimulus. After a slight stumble Tuesday and Wednesday caused by profit-taking, the equities rally resumed with Tokyo again leading the pack following a […]

  • 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 Thursday. U.S.A 105.75/ 103.24 S.ARABIA 28.06/ 26.40 U.K 139.86/ 136.55 JAPAN 0.9870/ 0.9631 EURO 116.69/ 113.93 U.A.E 28.79/ 26.39

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.70 104.50 104.29 U.K. 138.48 138.21 137.93 EURO 115.54 115.32 115.08 CANADA 80.26 80.11 79.90 SWITZERLAND 106.33 106.13 105.85 AUSTRALIA 78.44 78.29 78.09 SWEDEN 12.20 12.17 12.14 […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Thursday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 21-07-16 For 3 months and over but less than 6 months […]