Business News

Tokyo stocks end five-day winning streak as yen surges

  • TOKYO, (APP/AFP) – Tokyo stocks dropped Wednesday, snapping a five-day winning streak as the yen surged on news Japan’s prime minister would delay a sales tax hike that threatened the fragile economy. By the close, the benchmark Nikkei 225 index at the Tokyo Stock Exchange had tumbled 1.62 percent, or 279.25 points, to 16,955.73, while […]

  • Currency rates of NBP

    KARACHI, (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. U.S.A 105.65/ 103.14 S.ARABIA 28.03/ 26.38 U.K 153.02/ 149.39 JAPAN 0.9540/ 0.9308 EURO 117.49/ 114.71 U.A.E 28.76/ 26.36

  • 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 01-06-16 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 0.9771 01.06.16 CONVERSION RATES FOR 1ST JUNE 2016 FOR […]

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.60 104.40 104.19 U.K. 151.50 151.21 150.90 EURO 116.33 116.10 115.86 CANADA 80.03 79.88 79.67 SWITZERLAND 105.17 104.97 104.70 AUSTRALIA 76.09 75.95 75.75 SWEDEN 12.54 12.52 12.49 […]

  • 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 Tuesday. SHIPS SAILED: Hanjin Indigo M.T.Lahore SHIPS BERTHED: Bright World Tanker MSC Lana Container Mohar Cement True friend Seed Taroko Container Ship Anke Container Ship EXPECTED SAILING DATE Maple Express 31/05/16 Bright World […]