Business News

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 Friday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.83 104.88 U.S $ (Cash Free Market) 105.20 105.40 SAUDIA RIYAL 27.85 28.05 UAE DIRHAM 28.55 28.75 EURO 116.25 117.25 UK POUND […]

  • 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 15-07-16 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 0.9801 15.07.16 CONVERSION RATES FOR 15TH JULY 2016 FOR […]

  • 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. 104.50 104.30 104.09 U.K. 140.70 140.43 140.14 EURO 116.30 116.08 115.84 CANADA 81.06 80.90 80.69 SWITZERLAND 106.63 106.42 106.14 AUSTRALIA 79.91 79.76 79.55 SWEDEN 12.31 12.29 12.25 […]

  • All old design banknotes to be demonetized from December, 31

    ISLAMABAD, Jul 15 (APP): As per Federal Government’s Gazette Notification dated June 04, 2015, the old design banknotes will cease to be legal tender with effect from December 01, 2016. Therefore, it has now been decided to phase out all remaining old design banknotes of Rs 10, 50, 100 and 1000, said a statement issued […]

  • Boeing eyes rivals as it turns 100

    NEW YORK, July 15, (APP/AFP) – Boeing, creator of some of the world’s most iconic aircraft of the 20th century, commemorates its centennial Friday facing multiple challenges to remain at the forefront of global aerospace innovation. At the top of the list is European archrival Airbus, which has topped Boeing in commercial orders in recent […]