Business News

Oil prices up as global markets recover post Brexit

  • SINGAPORE, (APP/AFP) – Oil prices rose in Asia on Friday as traders welcomed assurances from central bank around the world that they were ready to step in to prevent a global rout following Britain’s vote to leave the European Union. After the initial shock of last Thursday’s referendum sparked a freefall, this week has seen […]

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Thursday. SHIPS SAILED: Anke Cont Horizon Electra Tanker SHIPS BERTHED: Aruna Ismail Coal Kota Kamil Container ship M.T.Lahore Tanker EXPECTED SAILING DATE Kota Kamil 30/06/16 Hyundai Brave 30/06/16 Taroko 30/06/16 Batam Trader 30/06/16 […]

  • 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 Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.78 104.83 U.S $ (Cash Free Market) 104.90 105.10 SAUDIA RIYAL 27.70 27.95 UAE DIRHAM 28.45 28.70 EURO 115.60 116.50 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 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 30-06-16 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 Thursday. 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 0.8982 30.06.2016 CONVERSION RATES FOR 30TH JUNE 2016 FOR […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.75 103.24 S.ARABIA 28.06 26.40 U.K 141.79 138.43 JAPAN 1.0288 1.0039 EURO 117.47 114.69 U.A.E 28.79 26.39 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.8869 30-06-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]