Business News

Foreign exchange rates

  • KARACHI, (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. 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 0.9011 05.04.16 CONVERSION RATES FOR APR 5TH 2016 FOR […]

  • Foreign Currency Account Scheme

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

  • Tokyo shares open lower on stronger yen, lower oil

    TOKYO, April 5, (APP/AFP) – Tokyo shares opened lower on Tuesday as a stronger yen dented exporters and falling oil prices hung over the market. The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 0.49 percent, or 79.04 points, to 16,044.03 in opening deals, while the broader Topix index of all first-section shares […]

  • Shipping activity at Port Qasim

    KARACHI, (APP): Brisk shipping was recorded at Port Qasim on Sunday where six ships C.V MSC Valencia, C.V Anke, M.V Sea Wave, M.T Ocean Coral, M.T Able Sailor, M.T Chemroad Dita and M.T Okyroe scheduled to load/offload containers, Cement, Palm oil, Chemicals and Furnace oil were arranged berthing at Qasim International Container Terminal, Multipurpose Terminal, […]

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 48 hours, ending at 0700 hours on Monday. SHIPS SAILED: Bunga Lucerne Tanker BW Mia Tanker Tabernacle Prince Cement YM Express Cont COSCO Sao Paulo Cont Chnag Hang Jin Hai G.C Al Abdali Cont Calmy Coral G.C Hyundai General Cont […]

  • 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 Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.70 104.75 U.S $ (Cash Free Market) 105.40 105.60 SAUDIA RIYAL 27.95 28.15 UAE DIRHAM 28.65 28.85 EURO 119.10 120.10 UK POUND […]