Business News

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 06-05-16 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 0.9071 06.05.16 CONVERSION RATES FOR 6TH MAY 2016 FOR […]

  • Tokyo stocks open higher as weaker yen lifts exporters

    TOKYO, (APP/AFP): Tokyo stocks opened higher Friday as a weaker yen boosted exporters after trading resumed following a long public holiday. The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 0.40 percent, or 65.29 points, to 16,212.67 in opening deals, while the broader Topix index of all first-section shares gained 0.42 percent, or […]

  • 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 Thursday. SHIPS SAILED: Hansa Neuburg Yangze 6 Blue April Minoan Grace Pyxis Malou Glovis Supreme Lalis D Kota Karim IVS Augusta Batam Trader SHIPS BERTHED: Glovis Supreme Car Carrier Satar Delta Coal UACC […]

  • 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 Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.65 104.70 U.S $ (Cash Free Market) 104.75 104.95 SAUDIA RIYAL 27.85 28.05 UAE DIRHAM 28.55 28.75 EURO 120.00 121.00 UK POUND […]

  • KPT shipping intelligence report

    KARACHI, (APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Thursday. ALONG SIDE (Bulk Oil Pier): OP-I UACC Ibn Sina D. Petrol Alpine 04/05/16 OP-II Lahore D. Crude Oil PNSC 04/05/16 OP-III Nave Rigel L. Naptha Alpine 02/05/16 ALONG SIDE (East Wharves): 1/2 Thor […]