Business News

Shipping activity at Port Qasim

  • KARACHI, (APP): Shipping activity remained active at the Port where ships C.V Maersk Chicago, C.V CMA CGM Thames and M.T Omera Queen carrying Containers and Furnace oil were berthed at Qasim International Container Terminal and FOTCO Oil Terminal respectively on Tuesday. Meanwhile two more ships M.T Wel Beck and M.V Tomini Harmony carrying Containers and […]

  • 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 Wednesday. ALONG SIDE (Bulk Oil Pier): OP-II Pyxis Malou L. Naptha Alpine 03/05/16 OP-III Nave Rigel L.Naptha Alpine 02/05/16 ALONG SIDE (East Wharves): 1/3 Thor Brave D.Coal Wilhelmsen 02/05/16 2/3 Calypso N L.Talc Powder […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY ETHERIZED DEALERS R A T E S U.S. DOLLARS VALUE 04-05-16 For 3 months and over but less than 6 months […]

  • 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) 104.67 104.72 U.S $ (Cash Free Market) 104.80 105.00 SAUDIA RIYAL 27.85 28.05 UAE DIRHAM 28.50 28.70 EURO 120.00 121.00 UK POUND […]

  • European shares dip at open

    LONDON, (APP/AFP) – Europe’s main stock markets eased at the start of trading on Wednesday in a steadier performance following the previous session’s heavy falls. London’s benchmark FTSE 100 index dipped 0.1 percent to 6,180.46 points compared with Tuesday’s close. In the eurozone, Frankfurt’s DAX 30 index was almost flat at 9,926.77 points and the […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 153.48 149.85 JAPAN 0.9850 0.9611 EURO 121.30 118.43 U.A.E 28.76 26.36 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9042 04-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]