Business News

Foreign exchange rates

  • KARACHI, (MILLAT/APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. 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 1.4243 29.03.17 CONVERSION RATES FOR 29TH MARCH 2017 FOR […]

  • Foreign Currency Account Scheme

    KARACHI, (MILLAT/APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Wednesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 29-03-17 For 3 months and over but less than 6 months […]

  • Tokyo stocks open flat

    TOKYO, (MILLAT/APP/AFP) – Tokyo stocks opened flat Wednesday after rallies in US shares with the positive impact from the cheaper yen somewhat offset by concerns about political uncertainty in the US and Europe. Tokyo’s benchmark Nikkei 225 index rose 0.07 percent, or 13.91 points, to 19,216.78 in the first minute of trading, while the Topix […]

  • Hong Kong stocks open higher

    HONG KONG, (MILLAT/APP/AFP) – Shares rose in Hong Kong during the first few minutes of trade Tuesday following the previous day’s sell-off as traders cling to hopes Donald Trump will still be able to push through key economic reforms despite the failure of his healthcare bill. The Hang Seng Index added 0.56 percent, or 135.47 […]

  • KPT shipping intelligence report

    KARACHI, (MILLAT/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 Fpmc P Alpine D. Petrol Alpine 27/03/17 OP-II BW Amazon D. Petrol GAC 26/03/17 OP-III Torm Trinity L. Petrol Alpine 26/03/17 ALONG SIDE (East Wharves) 2/3 Patriot […]

  • European stocks rebound at open

    LONDON, (MILLAT/APP/AFP) – Europe’s main stock markets rose at the start of trading on Tuesday, matching a rebound for Tokyo. London’s benchmark FTSE 100 index climbed 0.2 percent to 7,310.67 points compared with the close on Monday. In the eurozone, Frankfurt’s DAX 30 grew 0.6 percent to 12,062.69 points and the Paris CAC 40 advanced […]