Business News

Spot rates of cotton (Crop 2015-2016)

  • KARACHI, (APP): Karachi Cotton Association (KCA) on Wednesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 5,550 135 5,685 Equivalent

  • Market rates of bullion in Multan

    MULTAN, (APP): Following bullion rates were received from markets here on Wednesday, 2016. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 40380.00 GOLD 22 CT————-36910.00 SILVER TEZABI————574.00 SILVER THOBI————-525.00

  • European stock markets fall at open

    LONDON, (APP/AFP) – European stock markets fell at the start of trading on Wednesday, as the ECB prepared to launch radical stimulus measures aimed at boosting economic growth in the struggling eurozone. It comes as a worried World Bank slashed its growth forecast for the global economy Tuesday, saying advanced economies were rebounding more slowly […]

  • 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 Wednesday. ALONG SIDE (Bulk Oil Pier): OP-I Lahore D. Crude Oil PNSC 07/06/16 OP-II Milos D. Naptha Trans Maritime 07/06/16 OP-III Al Mahboobah D. MEG GAC 06/06/16 ALONG SIDE (East Wharves): 1 Sandpiper Bulker […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 08-06-16 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 Wednesday. 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 0.9542 08.06.16 CONVERSION RATES FOR 8TH JUNE 2016 FOR […]