Business News

NBP Exchange Rates

  • KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) Friday 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. 153.45 153.16 152.85 EURO 117.02 116.80 116.56 CANADA 80.49 80.34 80.13 SWITZERLAND 105.68 105.48 105.20 AUSTRALIA 75.54 75.40 75.20 SWEDEN 12.63 12.60 12.57 JAPAN […]

  • 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 27-05-16 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 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 0.9756 27.05.16 CONVERSION RATES FOR 27TH MAY 2016 FOR […]

  • Asia stocks remain cautious ahead of Yellen speech

    HONG KONG, (APP/AFP) – Asia stocks tilted slightly upwards Friday but remained cautious ahead of a speech from the US central bank head and after a weak lead from Wall Street as oil pulled back below $50 a barrel. Comments from the Group of Seven leaders Friday morning stressed the importance of global economic growth […]

  • Oil prices top $50 a barrel but then recede

    NEW YORK, May 26, (APP/AFP) – Oil prices topped $50 a barrel for the first time this year on Thursday as the global supply glut shows increased signs of easing. But the markets quickly gave back early gains and crude finished below the $50 mark for the day. US benchmark West Texas Intermediate for July […]

  • Spot rates of cotton (Crop 2015-2016)

    KARACHI,(APP): Karachi Cotton Association (KCA) on Thursday 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 40 kgs 6,948 145 6,093