Business News

EXCHANGE RATES FOR CURRENCY NOTES

  • SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 26.35 U.K 153.82 150.17 JAPAN 0.9595 0.9362 EURO 118.44 115.64 U.A.E 28.73 26.34 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9064 19-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • 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 Thursday. U.S.A 105.55/ 103.04 S.ARABIA 28.00/ 26.35 U.K 153.82/ 150.17 JAPAN 0.9595/ 0.9362 EURO 118.44/ 115.64 U.A.E 28.73/ 26.34

  • Dollar surges on bullish Fed minutes

    NEW YORK, (APP/AFP): The dollar jumped Wednesday after the minutes to the Federal Reserve’s end-April meeting showed the central bank far more bullish about a possible June rate hike than markets had understood. Markets had dismissed a June rate hike as a 5 percent possibility just last week, but rate derivatives indicated that chance jumped […]

  • 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 Wednesday. SHIPS SAILED: Amoy Action Eurosun Hulin Kiran australia New Jersey Trader MSC Lana Hansa Neuburg APL Coral SHIPS BERTHED: New Jersey Trader Contaienr Ship Star Artemis General Cargo Bedford Castle General Cargo […]

  • 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 40 kgs 5,948 145 6,093

  • Kerb currency market

    KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Wednesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.73 104.78 U.S $ (Cash Free Market) 104.95 105.15 SAUDIA RIYAL 28.00 28.20 UAE DIRHAM 28.65 28.85 EURO 118.30 119.30 UK POUND […]