Business News

Poland receives first Middle East LNG delivery

  • WARSAW, (APP/AFP) – Poland on Friday received its first-ever commercial LNG delivery from the Middle East at its brand new Baltic sea terminal, a key step in easing dependence on Russian gas and becoming a regional distributor. Poland now relies on Russia for about forty percent of its gas, with a third coming from domestic […]

  • 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 17-06-16 For 3 months and over but less than 6 months […]

  • Tokyo shares rise following US gains, weaker yen

    TOKYO, (APP/AFP) – Tokyo shares jumped Friday after a gain in US stocks and a weaker yen, though the market remained cautious over next week’s British vote on whether to leave the European Union. The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 1.07 percent, or 165.52 points, to 15,599.66, while the broader […]

  • 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 0.9429 17.06.2016 CONVERSION RATES FOR 17TH JUNE 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. 104.40 104.20 103.99 U.K. 148.82 148.53 148.23 EURO 117.58 117.35 117.11 CANADA 80.80 80.65 80.44 SWITZERLAND 108.27 108.06 107.77 AUSTRALIA 77.17 77.02 76.82 SWEDEN 15.55 12.53 12.50 […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.44 102.95 S.ARABIA 27.98 26.32 U.K 150.31 146.74 JAPAN 1.0091 0.9846 EURO 118.75 115.94 U.A.E 28.71 26.31 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9339 17-06-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]