Business News

Asia markets mostly up but dollar under pressure

  • HONG KONG, (APP/AFP) – The dollar struggled at multi-month lows against the yen and euro Tuesday following more weak US data, while most stock markets rose in line with a strong lead from Wall Street. Figures showing that growth in US factory activity slowed last month followed last week’s soft consumer spending report and news […]

  • 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 Tuesday. ALONG SIDE (Bulk Oil Pier): OP-I IC Das 09 D.Chemical Alpine 01/05/16 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 […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORIZED DEALERS R A T E S U.S. DOLLARS VALUE 03-05-16 For 3 months and over but less than 6 months […]

  • 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 Tuesday. U.S.A 105.65/ 103.14 S.ARABIA 28.03/ 26.38 U.K 155.12/ 151.45 JAPAN 0.9952/ 0.9711 EURO 121.82/ 118.93 U.A.E 28.76/ 26.36

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday 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. 153.58 153.29 152.98 EURO 120.61 120.38 120.14 CANADA 83.61 83.45 83.23 SWITZERLAND 109.61 109.40 109.11 AUSTRALIA 80.63 80.47 80.26 SWEDEN 13.14 13.12 13.08 […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 155.12 151.45 JAPAN 0.9952 0.9711 EURO 121.82 118.93 U.A.E 28.76 26.36 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9041 03-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]