Business News

EXCHANGE RATES FOR CURRENCY NOTES

  • SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 27.60 U.K 151.28 147.70 JAPAN 0.9402 0.9174 EURO 120.10 117.25 U.A.E 28.74 27.47 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.8997 01-04-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Assocaition of Pakistan issued the following Base Rate, here on Friday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY ETHERIZED DEALERS R A T E S U.S. DOLLARS VALUE 01-04-16 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 0.8989 01.04.16 CONVERSION RATES FOR APRIL 01ST 2016 FOR FOREIGN […]

  • Tokyo stocks open lower on BoJ survey, weak Wall St lead

    TOKYO, (APP/AFP): Tokyo stocks opened lower on Friday after a Bank of Japan survey showed confidence among Japan’s biggest manufacturers dropped during the first quarter of the year and following a weak lead from Wall Street. The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 0.23 percent, or 39.11 points, to 16,719.56 in […]

  • Eurozone inflation inches up, still negative in March

    BRUSSELS, March 31, (APP/AFP) – Eurozone consumer prices continued to fall in March at only a slightly slower pace than in February, data showed Thursday, despite the European Central Bank boosting its already massive stimulus programme to beat deflation. Economists fear falling prices because if consumers delay purchases to buy cheaper at a later date, […]

  • 3,000 MW to be added till end of 2017: Chairman

    SIALKOT, Mar 31 (APP): The power projects including Neelam-Jhelum, Golan Goal and Tarbela-4, will add 3,000 megawatts of energy to the national grid till the end of 2017. This was stated by Chairman Wapda Zafar Mehmood while talking to the newsmen here Thursday. The chairman said the Wapda was developing its own resources for ensuring […]