Business News

Spot rates of cotton (Crop 2015-2016)

  • KARACHI, (APP): Karachi Cotton Association (KCA) on Monday 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 5,948 145 6,093

  • Market rates of bullion in Multan

    MULTAN, (APP): Following bullion rates were received from markets here on Monday. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 41580.00 GOLD 22 CT————-38010.00 SILVER TEZABI————574.00 SILVER THOBI————-525.00

  • Shanghai stocks close higher, Hong Kong ends down

    HONG KONG, (APP/AFP) – Shanghai closed higher on Monday helped by the buying of technology shares, but Hong Kong stocks ended the session down as oil prices also retreated. The benchmark Shanghai Composite Index rose 0.64 percent, or 18.17 points, to 2,843.65, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, gained […]

  • Textile exports decline 7.7% in 10 months

    ISLAMABAD, (APP): The textile exports from the country witnessed negative growth of 7.72 percent during the first ten months of the current fiscal year compared to the corresponding period of last year. The textile exports during July-April (2015-16) were recorded at $10.395 billion compared to the exports of $11.265 billion during July-April (2014-15), according to […]

  • 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 Monday. U.S.A 105.65/ 103.14 S.ARABIA 28.02/ 27.36 U.K 153.39/ 149.75 JAPAN 0.9617/ 0.9384 EURO 118.68/ 115.87 U.A.E 28.76/ 26.37

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.02 26.36 U.K 153.39 149.75 JAPAN 0.9617 0.9384 EURO 118.68 115.87 U.A.E 28.76 26.37 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9309 23-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]