Business News

Australian dollar hits 8-month high as commodity units rise

  • TOKYO, (APP/AFP): The Australian dollar hit an eight-month high Monday as commodity-linked currencies got a boost on the back of a rise in global equity markets, with investors focusing on a string of central bank meetings. The Aussie currency bought 75.94 US cents in afternoon Tokyo trading, its highest level since July, while the New […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Assocaition of Pakistan issued the following Base Rate, here on Monday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY ETHERIZED DEALERS R A T E S U.S. DOLLARS VALUE 14-03-16 For 3 months and over but less than 6 months […]

  • 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. 104.50 104.30 104.09 U.K. 150.28 149.99 149.68 EURO 116.60 116.38 116.14 CANADA 79.04 78.89 78.68 SWITZERLAND 106.24 106.04 105.76 AUSTRALIA 79.26 79.11 78.90 SWEDEN 12.53 12.51 12.47 […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 27.60 U.K 151.78 148.18 JAPAN 0.9271 0.9047 EURO 117.77 114.98 U.A.E 28.74 27.47 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.8984 14-03-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • Tokyo stocks extend global rally as markets eye BoJ meeting

    TOKYO, March 14, (APP/AFP) – Tokyo stocks extended a global rally on Monday morning, despite further signs of a slowdown in China’s massive economy, with the Bank of Japan’s latest policy meeting in focus. The benchmark Nikkei 225 index rose 2.08 percent, or 352.28 points, to 17,291.15 by the lunch break, while the Topix index […]

  • Plan to establish Expo centre in Sialkot

    SIALKOT, Mar 13 (APP): Business community of Sialkot is considering to establish Expo Centre in this export-oriented city. Sialkot Chamber of Commerce and Industry (SCCI) sources told APP Sunday that efforts were being made for obtaining sufficient funds from Export Development Fund (EDF) for the execution of Expo Centre. The basic concept of setting up […]