Business News

NBP Exchange Rates

  • KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Monday 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. 152.82 152.53 152.21 EURO 119.95 119.72 119.47 CANADA 83.41 83.25 83.03 SWITZERLAND 109.08 108.87 108.59 AUSTRALIA 79.54 79.39 79.18 SWEDEN 13.03 13.01 12.97 […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 154.35 150.69 JAPAN 0.9916 0.9675 EURO 121.15 118.28 U.A.E 28.76 26.37 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9139 02-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • Oil prices start week on a low after recent rally

    HONG KONG, (APP/AFP) – Oil prices dipped Monday after enjoying another strong rally last week, with news of a jump in Iraqi exports bringing supply glut fears back to the fore. The commodity has surged for four weeks thanks to a weaker dollar, small indications that the global economy — particularly China — is showing […]

  • Yen rally eases after Tokyo hints at intervention

    TOKYO, (APP/AFP): The yen’s soaring rally took a breather in Asian trading Monday after Japanese finance minister Taro Aso warned over the surge, vowing to take action “when necessary”. The weekend remarks hinted at a possible market intervention in the wake of the Bank of Japan’s shock policy decision last week that caused the yen […]

  • Japan’s Nikkei index slumps more than 3% at open

    TOKYO, (APP/AFP): Tokyo stocks tumbled at the start of trade on Monday, following losses on Wall Street as a stronger yen hurt exporters after trading resumed following a public holiday. The Nikkei 225 index at the Tokyo Stock Exchange slumped 3.37 percent, or 562.10 points, to 16,103.95 shortly after the opening bell, while the broader […]

  • 57% work completed on 1410 MW Tarbela 4th extension project

    ISLAMABAD, May 1 (APP): As many as 57 per cent work has been completed on the Tarbela 4th Extension Power Project so far and its unit 17 would start supplying power generation by June 2017. Talking to APP, Project Director Tarbela 4th Extension Power Project Shoail Khan said that the upgradation of the Switchyard was […]