Business News

Tokyo stocks close higher, lifted by weaker yen

  • TOKYO, (APP/AFP) – Tokyo stocks rose on Tuesday as a weaker yen lifted exporters while investors focused on Japan’s plans for a sales tax hike. The Nikkei 225 at the Tokyo Stock Exchange advanced 0.98 percent, or 166.96 points, to close at 17,234.98, while the broader Topix index of all first-section shares was up 1.01 […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 31-05-16 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 Tuesday. 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 31.05.16 CONVERSION RATES FOR 31ST MAY 2016 FOR […]

  • 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 Tuesday. U.S.A 105.95/ 103.44 S.ARABIA 28.11/ 26.45 U.K 155.67/ 151.98 JAPAN 0.9515/ 0.9285 EURO 118.06/ 115.26 U.A.E 28.85/ 26.44

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.90 104.70 104.48 U.K. 154.13 153.84 153.52 EURO 116.89 116.67 116.43 CANADA 80.54 80.39 80.18 SWITZERLAND 105.71 105.51 105.23 AUSTRALIA 75.98 75.84 75.64 SWEDEN 12.60 12.57 12.54 […]

  • Dollar ticks up on rate-hike talk, exports lift Aussie

    TOKYO, (APP/AFP): The dollar edged higher against the yen and euro Tuesday as traders weighed the impact of a likely US interest rate hike, while Australia’s currency jumped after upbeat trade data boosted hopes for the economy. The greenback has won support from Federal Reserve Chair Janet Yellen’s remarks last week that the US could […]