Business News

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 24-06-16 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 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 0.9297 24.06.2016 CONVERSION RATES FOR 24TH JUNE 2016 FOR […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 26.35 U.K 143.43 140.03 JAPAN 1.0368 0.0116 EURO 116.57 113.81 U.A.E 28.74 26.34 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9312 24-06-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • 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. 142.01 141.74 141.45 EURO 115.42 115.19 114.96 CANADA 80.43 80.27 80.06 SWITZERLAND 107.62 107.42 107.13 AUSTRALIA 77.26 77.11 76.91 SWEDEN 12.21 12.18 12.15 […]

  • Hong Kong stocks swing as Brexit vote results begin

    HONG KONG, (APP/AFP) – Hong Kong stocks swung wildly at their open on Friday as initial results from Britain’s knife-edge EU membership referendum began to trickle in. The Hang Seng Index plunged around two percent in initial trade, then clawed nearly all of its losses back moments later. Around 45 minutes after the open, it […]

  • Kerb currency market

    KARACHI, (APP): Following were the Closing Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. AUTOMOBILE ASSEMBLER: AL-Ghazi Tractors 435 Atlas Honda Ltd XD 366.01 Dewan Motors 15.63 Ghand Nissan 161.25 Ghandhara Ind. 418.75 Ghani Automobile 7.17 Hinopak MotorXD 989 Honda Atlas Cars 355 Indus Motor […]