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Sep 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-11-11
Police asked to check bus owners fleecing upcountry passengers

Police asked to check bus owners fleecing upcountry passengers

Sindh Minister for Labour, Transport, Industries and Commerce Muhammad Adil Siddiqui has instructed police to check highhandedness of the bus owners, who are fleecing passengers going to their homes for Eid celebrations. In his directive issued on Wednesd
Published 11 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Pakistan 120th in human development report on rural women

Pakistan 120th in human development report on rural women

Pakistan ranks 120 among 144 countries in the human development report on rural women prepared by Gender Development Index (GDI) as women have limited access to productive resources and only a nominal role in important household decisions despite doing ma
Published 11 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Sale of Eid-related items down 20 percent

Sale of Eid-related items down 20 percent

There is a general decline of about 20 percent in the Eid-ul-Fitr related sales mainly due to tight money market and the unprecedented hike in prices of the items generally required for Eid.
Published 11 Nov, 2004 12:00am
SIUT seeks more funds from government

SIUT seeks more funds from government

The Sindh Institute of Urology and Transplantation (SIUT) might limit its operations if the flow of funds, which are already drying up, does not improve. This was stated while talking to the people managing the most important SIUT which provides free of c
Published 11 Nov, 2004 12:00am
Schools and colleges to close today

Schools and colleges to close today

The schools and colleges in the province shall remain closed on November 11 on account of 'Shab-e-Qadr.' Spokesman of Sindh government announced this here on Wednesday.
Published 11 Nov, 2004 12:00am
LG to lay down WorldCALL's communication network

LG to lay down WorldCALL's communication network

South Korean giant LG Cable Limited has entered into an agreement with the WorldCALL Telecom Limited for laying down $15 million worth of high-speed communications network in the country. The South Korean giant would also export optic fibre cable at a cos
Published 11 Nov, 2004 12:00am
Inter-ministerial body on cotton meets today

Inter-ministerial body on cotton meets today

The inter-ministerial committee on cotton will meet in Karachi on Thursday to review crop situation and its arrival at the ginneries. The ministers for commerce, industries and production and food and agriculture, who are also members of the committee, wo
Published 11 Nov, 2004 12:00am
Building of carryover dams recommended

Building of carryover dams recommended

The National Water Policy has recommended the legislation to formally allow use of water and fix its rates by issuing licences to industrial units. The policy strongly recommended the government that the concept of carry over water dams should be seriousl
Published 11 Nov, 2004 12:00am
Pakistan urges India to avoid disrupting arms balance

Pakistan urges India to avoid disrupting arms balance

Pakistan on Wednesday urged India to avoid disrupting conventional arms balance as it was against the quest for peace and security, being pursued by both the countries. Foreign Office spokesman Masood Khan was commenting on news reports of a 230 million U
Published 11 Nov, 2004 12:00am
Peshawar uplift schemes progress reviewed

Peshawar uplift schemes progress reviewed

NWFP Chief Secretary Ejaz Ahmad Qureshi on Wednesday reviewed the progress on developmental works being executed by CD&MD under Peshawar Development Authority in Peshawar. These included 'Surai Pul' project, Women and Children Hospital at the old GTS Road
Published 11 Nov, 2004 12:00am
Assassination attempt condemned

Assassination attempt condemned

Pakistan has strongly condemned an assassination attempt on the life of Altaf Ahmad Shah, son-in-law of the prominent All Parties Hurriyat Conference (APHC) leader Syed Ali Shah Geelani. Spokesman of Foreign Office in a statement issued here on Wednesday
Published 11 Nov, 2004 12:00am
No discrimination in development funds: Prime Minister

No discrimination in development funds: Prime Minister

Prime Minister Shaukat Aziz said the government was not making any distinction between parliamentarians, whether belonging to treasury or opposition, in releasing of development funds for their respective areas. Prime Minister was talking to Minister for
Published 11 Nov, 2004 12:00am
AJK PPP chief hails dialogue process

AJK PPP chief hails dialogue process

AJK PPP chief and member Azad Jammu Kashmir Legislative Assembly Sahibzada Ishaq Zaffar has welcomed the ongoing composite dialogues between Pakistan and India to peacefully resolve all outstanding issues including the core issue of Indian occupied Kashmi
Published 11 Nov, 2004 12:00am
District government provides buildings to 73 schools: Nazim

District government provides buildings to 73 schools: Nazim

The district government has provided buildings to all the 73 schools in the rural areas, District Nazim Mian Naeem Javaid told newsmen here on Tuesday. He said there was no government school without its own building in any part of the district, adding the
Published 11 Nov, 2004 12:00am
Sales tax desk audit may continue

Sales tax desk audit may continue

The Central Board of Revenue (CBR) may continue desk audit of the units beyond six months in case the analysis of sales tax returns pertaining to this period gives the desired results. Official sources told Business Recorder on Wednesday that out o
Published 11 Nov, 2004 12:00am
Iranian Consul General calls on NWFP governor

Iranian Consul General calls on NWFP governor

Iran's Consul General Muhammad Hassan Imani called on NWFP Governor Lieutenant-General Syed Iftikhar Hussain Shah (Retd) at the Governor's House here on Monday. He was also accompanied by Iran's Deputy Consul General in Peshawar remained with the governor
Published 11 Nov, 2004 12:00am
Growers advised to plan tobacco crop as per target

Growers advised to plan tobacco crop as per target

Pakistan Tobacco Board (PTB) has announced remarkable increase in the projected requirements from tobacco crop of flue-cured Virginia, dark air-cured, white patta and Burley, said a hand out of the board issued here on Wednesday. It said the projected req
Published 11 Nov, 2004 12:00am
UN summit should serve aspirations of entire members: Munir

UN summit should serve aspirations of entire members: Munir

United Nations summit meeting, to be held in the fall of 2005, would serve to strengthen and unite the UN, reflecting the aspirations of the entire membership, rather than those of just the selected few and the powerful. Permanent Representative of Pakist
Published 11 Nov, 2004 12:00am
Telemetry system becomes operational

Telemetry system becomes operational

The telemetry system, which is expected to resolve water issues among provinces through accurate distribution and monitoring, has become operational throughout the country from Tuesday, says a press release issued by the Water and Power Ministry.
Published 11 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Government vying for accelerated economic growth: Prime Minister

Government vying for accelerated economic growth: Prime Minister

Prime Minister Shaukat Aziz has said that his government is opting for accelerated economic growth after having achieved macro-economic stability based on sound fundamentals. In this connection, the Prime Minister disclosed that some new initiatives would
Published 11 Nov, 2004 12:00am
Six-month treasury bills auction fetches Rs 2.4 billion

Six-month treasury bills auction fetches Rs 2.4 billion

The State Bank on Wednesday raised Rs 2.40 billion through auction of Treasury Bills of six months maturity. The State Bank had fixed a target of Rs 5 billion. However, it remained short of target but raised the cut-off yield by 60 basis points. The cut-o
Published 11 Nov, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Six-month treasury bills auction fetches Rs 2.4 billion

Six-month treasury bills auction fetches Rs 2.4 billion

The State Bank on Wednesday raised Rs 2.40 billion through auction of Treasury Bills of six months maturity. The State Bank had fixed a target of Rs 5 billion. However, it remained short of target but raised the cut-off yield by 60 basis points. The cut-o
Published 11 Nov, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 10, 2004).
Published 11 Nov, 2004 12:00am
Six-month treasury bills auction fetches Rs 2.4 billion

Six-month treasury bills auction fetches Rs 2.4 billion

The State Bank on Wednesday raised Rs 2.40 billion through auction of Treasury Bills of six months maturity. The State Bank had fixed a target of Rs 5 billion. However, it remained short of target but raised the cut-off yield by 60 basis points. The cut-o
Published 11 Nov, 2004 12:00am
TCP clarification

TCP clarification

The Trading Corporation of Pakistan has clarified a news item "TCP fails to make timely payments to ginners" appeared in Business Recorder on November 10. The TCP says: "The Corporation has received about 200,000 bales by November 8 at its Multan a
Published 11 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
TCP clarification

TCP clarification

The Trading Corporation of Pakistan has clarified a news item "TCP fails to make timely payments to ginners" appeared in Business Recorder on November 10. The TCP says: "The Corporation has received about 200,000 bales by November 8 at its Multan a
Published 11 Nov, 2004 12:00am
Protests against rape continues in occupied Srinagar

Protests against rape continues in occupied Srinagar

Indian occupation police detained Mohammad Yasin Malik, head of the Jammu Kashmir Liberation Front and fired teargas shells to scatter protesters here on Wednesday, the fourth straight day of protests against the rape of a young girl and her mother by an
Published 11 Nov, 2004 12:00am
Protests against rape continues in occupied Srinagar

Protests against rape continues in occupied Srinagar

Indian occupation police detained Mohammad Yasin Malik, head of the Jammu Kashmir Liberation Front and fired teargas shells to scatter protesters here on Wednesday, the fourth straight day of protests against the rape of a young girl and her mother by an
Published 11 Nov, 2004 12:00am
Indian court bans Chinese-made globes

Indian court bans Chinese-made globes

The Delhi High Court on Wednesday banned import of Chinese-made toy globes of the world following complaints that they did not depict the disputed zone of Kashmir as part of India. The court ordered the Indian government to enforce the ban, which also ext
Published 11 Nov, 2004 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Pakistani terror suspect held in Spain

Pakistani terror suspect held in Spain

Spanish police said they have arrested an 11th Pakistani suspect overnight in Barcelona for alleged membership in an terrorist group police said they had broken up in a September raid in the north-eastern city. Spanish judge Ismael Moreno ordered the oper
Published 11 Nov, 2004 12:00am
'Mini Marathon Race' to be organised in capital

'Mini Marathon Race' to be organised in capital

In a bid to promote sports activities among all age groups of the Federal Capital, the Islamabad Capital Territory (ICT) Administration has decided to organise 'Mini Marathon Race' on February 9, 2005. In this regard, Capital Development Authority (CDA) a
Published 11 Nov, 2004 12:00am
National Assembly proceedings being conducted in impartial manner: Amir

National Assembly proceedings being conducted in impartial manner: Amir

National Assembly Speaker Chaudhry Amir Hussain has said that his role as a speaker has been impartial and he was conducting the assembly proceedings in an impartial manner, and if he acted otherwise half of the assembly members would have been out of the
Published 11 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
FBISE announces results of HSSC supplementary exams

FBISE announces results of HSSC supplementary exams

The Federal Board of Intermediate and Secondary Education (FBISE) has announced the result of Higher Secondary School Certificate Supplementary Examination (Part-II) 2004 with 39.22 pass percentage. The board, which has federal schools and colleges in its
Published 11 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
'ARD meeting after Eid to devise strategy against government'

'ARD meeting after Eid to devise strategy against government'

Chairman Alliance for the Restoration of Democracy, Makhdoom Amin Fahim on Wednesday announced to hold ARD meeting soon after Eid to devise strategy for launching anti-Musharraf movement jointly with Muttahida Majlis-i-Amal. He made the announcement while
Published 11 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Accord signed: Norway pledges Rs 4 million for youth welfare

Accord signed: Norway pledges Rs 4 million for youth welfare

National Youth Policy having best possible job opportunities for youth with comprehensive strategy for their involvement in sports, culture, and other fields will be announced on December 25 with one - year special action plan for youth development. This
Published 11 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Hearing put off in reference against Faisal

Hearing put off in reference against Faisal

An accountability court Wednesday adjourned to November 30, the proceedings in a reference against Federal Minister Syed Faisal Saleh Hayat, as his statement could not be recorded. The accused minister appeared before the court for recording his statement
Published 11 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Shab-e-Qadr celebrated with fervour

Shab-e-Qadr celebrated with fervour

The faithful observed Shab-e-Qadr with religious fervour on Wednesday night across the country. Big congregations were held in which ulema and imams spoke about the significance of the Shab-e-Qadr.
Published 11 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 10, 2004).

Published 11 Nov, 2004 12:00am
Government vying for accelerated economic growth: Prime Minister

Government vying for accelerated economic growth: Prime Minister

Prime Minister Shaukat Aziz has said that his government is opting for accelerated economic growth after having achieved macro-economic stability based on sound fundamentals. In this connection, the Prime Minister disclosed that some new initiatives would
Published 11 Nov, 2004 12:00am
ABL holds AGM after 4 years, 25 percent capital adequacy ratio achieved

ABL holds AGM after 4 years, 25 percent capital adequacy ratio achieved

The 58th Annual General Meeting of Allied Bank of Pakistan Ltd (ABL) was held on Wednesday at its Registered Office at 8, Kashmir/Egerton Road, Lahore. Mohammad Naeem Mukhtar, Chairman, presided over the meeting which was attended by all Directors of the
Published 11 Nov, 2004 12:00am
Australian dollar hugs 76 cents as update from US Fed nears

Australian dollar hugs 76 cents as update from US Fed nears

The Australian dollar hovered narrowly around 76 US cents in local trade on Wednesday as investors around the world await a rate decision and accompanying statement from the US Federal Reserve. September US trade deficit numbers are also to be released la
Published 11 Nov, 2004 12:00am
Asian currencies: won retreats amid focus on policy

Asian currencies: won retreats amid focus on policy

The Korean won retreated from seven-year highs on Wednesday, ahead of rate decisions in the United States and South Korea, as markets renewed their debate about Seoul's currency policy. The won fell to 1,110 a dollar, dropping from a seven-year peak overn
Published 11 Nov, 2004 12:00am
Indonesian bank sees inflation at 6 percent for 2004

Indonesian bank sees inflation at 6 percent for 2004

Indonesia's central bank said on Wednesday it expected full year inflation to be around six percent in 2004, lower than the government's forecast of seven percent. "It seems macroeconomic stability can be maintained through the end of the year. The rupiah
Published 11 Nov, 2004 12:00am
Dollar gets boost from European gloom on euro rise

Dollar gets boost from European gloom on euro rise

The dollar drifted higher against the euro on Tuesday after several European officials expressed fears over the euro zone currency's rapid climb. Traders also awaited a widely-expected interest rate hike by the Federal Reserve on Wednesday, although most
Published 11 Nov, 2004 12:00am
Dollar edges up after Europeans talk down euro

Dollar edges up after Europeans talk down euro

The dollar crept higher on Wednesday as traders took a respite from recent heavy selling and digested a series of remarks from European officials warning against the euro's rapid rise. The market had few incentives to forge large positions ahead of an int
Published 11 Nov, 2004 12:00am
Swiss franc eases ahead of Fed rate call

Swiss franc eases ahead of Fed rate call

The Swiss franc eased against the dollar in early Wednesday trading ahead of a widely forecast rise in US interest rates which markets expect to be announced later on Wednesday. Traders said activity was muted ahead of the announcement by the US Federal R
Published 11 Nov, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended one notch weaker at 8.2765 per US dollar on Wednesday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 3,550 points implying a rate of 7.923 yuan per dollar in
Published 11 Nov, 2004 12:00am
Hong Kong dollar eases

Hong Kong dollar eases

The Hong Kong dollar eased against the greenback on Wednesday, with some players covering short (US dollar) positions ahead of the Federal Reserve's meeting on interest rates later in the day. "There was some buying interest for the US dollar from lunchti
Published 11 Nov, 2004 12:00am
Philippines stocks drop as downgrade worries linger

Philippines stocks drop as downgrade worries linger

Philippines stocks fell on Wednesday as lingering concerns about a credit downgrade due to the slow pace of economic reforms prompted selling in select blue-chips, including top phone firm PLDT. Moody's ratings agency on Tuesday placed Philippine Long Dis
Published 11 Nov, 2004 12:00am
Taiwan stocks slightly changed

Taiwan stocks slightly changed

Taiwan stocks ended little changed for a third straight session on Wednesday as a sharp drop in the surging local dollar supported export-led tech shares but pressured domestic demand issues like financials. The TAIEX share index edged up 0.06 percent to
Published 11 Nov, 2004 12:00am
Tokyo stocks up, market wary on global outlook

Tokyo stocks up, market wary on global outlook

Tokyo's Nikkei average closed up 0.27 percent on Wednesday with buyers chasing drug makers and other companies that have announced bright earnings prospects while keeping a wary eye on the global economic outlook. Yamanouchi Pharmaceutical Co Ltd gained 3
Published 11 Nov, 2004 12:00am
Singapore shares hit four-year peak, banks lead

Singapore shares hit four-year peak, banks lead

Singapore shares ended at a 4-year peak on Wednesday, led by gains in banks and strong corporate results in recent days. OCBC Bank rose as much as 2 percent to a 1-week high of S$14.0 before pulling back to end steady at S$13.70, after it posted an 11-per
Published 11 Nov, 2004 12:00am
Malaysian shares surge

Malaysian shares surge

Malaysian shares hit a seven-month high on Wednesday, led by gains in shipper MISC ahead of its quarterly earnings report, as concerns over economic growth eased with a fall in oil prices. Shares of Malaysia International Shipping Corp, the world's larges
Published 11 Nov, 2004 12:00am
US Treasuries end flat

US Treasuries end flat

US Treasury debt was little changed on Tuesday as nervousness ahead of the Federal Reserve's policy meeting the next day prevented traders from making any major bets. While the market has all but priced in another quarter percentage point interest rate hi
Published 11 Nov, 2004 12:00am
US Treasuries end flat

US Treasuries end flat

US Treasury debt was little changed on Tuesday as nervousness ahead of the Federal Reserve's policy meeting the next day prevented traders from making any major bets. While the market has all but priced in another quarter percentage point interest rate hi
Published 11 Nov, 2004 12:00am
Dow dips, Nasdaq up in wait for Fed's word on rates

Dow dips, Nasdaq up in wait for Fed's word on rates

The blue-chip Dow average ended slightly lower, while the tech-driven Nasdaq inched higher on Tuesday as investors waited for hints from the Federal Reserve about the pace of interest-rate increases on Wednesday. A sharp drop in oil prices helped limit lo
Published 11 Nov, 2004 12:00am
Hong Kong stocks finish firmer

Hong Kong stocks finish firmer

Hong Kong stocks rose over one percent on Wednesday with players snapping up China plays on news that China industrial output has slowed, which analysts said would reduce pressure for another interest rate hike this year. Further declines in oil prices al
Published 11 Nov, 2004 12:00am
Jakarta shares at record high, correction seen

Jakarta shares at record high, correction seen

Jakarta shares soared to a new record high on Wednesday, supported by strong foreign buying in PT Telekomunikasi Indonesia Tbk (Telkom) and some bank stocks, analysts said. However traders said recent gains meant a steep correction could be on the way. Th
Published 11 Nov, 2004 12:00am
Indian shares up in festive season rally

Indian shares up in festive season rally

Indian shares rallied to a nine-month closing high on Wednesday, boosted by cheaper world oil prices and expectations of higher consumer spending in the festive season that culminates on Friday with Diwali. The Mumbai Stock Exchange index rose 0.74 percen
Published 11 Nov, 2004 12:00am
US trade gap narrows in September on record exports

US trade gap narrows in September on record exports

The US trade deficit narrowed more than expected in September as a rise in exports to unprecedented levels offset the impact of record-high prices for imported oil, a government report showed on Wednesday. The monthly trade gap totalled $51.6 billion, dow
Published 11 Nov, 2004 12:00am
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