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Nov 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-08-26
Algeria's state oil company records three percent drop

Algeria's state oil company records three percent drop

Algeria's largest company, the state-owned oil concern Sonatrach, recorded a three-percent drop in export volumes for the first half of this year, according to figures it released Saturday. In all, 67.86 million tonnes of oil equivalent were exported over
Published 26 Aug, 2007 12:00am
Russian army investigates beating at space base

Russian army investigates beating at space base

The Russian army has launched an inquiry into the apparent brutal beating of two conscript soldiers by their officers at a key space launch base in northern Russia, a military spokesman said Saturday.
Published 26 Aug, 2007 12:00am
Pro-Russian Abkhazia says Georgian plane crashed

Pro-Russian Abkhazia says Georgian plane crashed

A pro-Russian breakaway region in Georgia said on Saturday it believed a Georgian plane crashed over its territory this week and dismissed Georgia's accusation that a Russian aircraft had violated its airspace.
Published 26 Aug, 2007 12:00am
Italy must stay tough on tax evasion

Italy must stay tough on tax evasion

Italy should press ahead with a clampdown on tax evasion which has already helped to bring in 20 billion euros of extra revenue, Deputy Economy Minister Vincenzo Visco told La Repubblica newspaper.
Published 26 Aug, 2007 12:00am
Japan to replace pension chief, welfare bureaucrat

Japan to replace pension chief, welfare bureaucrat

The Japanese government announced late Friday that it had decided to replace its top two public welfare officials in a bid to make a new start after a massive pension debacle.
Published 26 Aug, 2007 12:00am
Three workers die as 50-metre crane falls

Three workers die as 50-metre crane falls

Three workers died and four others were injured at a Japanese shipbuilding yard Saturday as a 50-metre (164-feet) crane tumbled while they were repairing it.
Published 26 Aug, 2007 12:00am
Credit crunch may hit CEE banks' growth, profit

Credit crunch may hit CEE banks' growth, profit

Central and eastern European banks have almost no direct exposure to US subprime loans, but the tightening debt markets could weigh on credit growth and earnings this year and next.
Published 26 Aug, 2007 12:00am
Credit crunch may hit CEE banks' growth, profit

Credit crunch may hit CEE banks' growth, profit

Central and eastern European banks have almost no direct exposure to US subprime loans, but the tightening debt markets could weigh on credit growth and earnings this year and next.
Published 26 Aug, 2007 12:00am
'Broad based government after general election'

'Broad based government after general election'

Federal Minister for Railways Sheikh Rashid Ahmed Saturday said the ongoing political environment in the country indicates that there would be a broad based government after the coming general election. Talking to a private TV channel the Minister said at
Published 26 Aug, 2007 12:00am
Government ready to hold talks with all parties: Durrani

Government ready to hold talks with all parties: Durrani

Minister for Information and Broadcasting Muhammad Ali Durrani on Saturday said: "We are ready to talk to all political parties in the larger national interest for national reconciliation". He called for a broad-based national reconciliation to develop a
Published 26 Aug, 2007 12:00am
Shujaat denies alliance against Benazir

Shujaat denies alliance against Benazir

Pakistan Muslim League Chief Chaudhri Shujaat Hussain dispelled the impression given by Benazir Bhutto that IJI-like alliance was being formed to block PPP once again so that it could not come into power and said that PML-Q was holding dialogue with all p
Published 26 Aug, 2007 12:00am
Law, privatisation ministers top police officials replaced

Law, privatisation ministers top police officials replaced

In a major reshuffle, the government on Saturday replaced portfolio of Federal Minister for Law Wasi Zafar, Federal Minister for Privatisation and Investment Zahid Hamid, Chief Commissioner and Inspector-General of Police, Islamabad, who were allegedly in
Published 26 Aug, 2007 12:00am
Law, privatisation ministers top police officials replaced

Law, privatisation ministers top police officials replaced

In a major reshuffle, the government on Saturday replaced portfolio of Federal Minister for Law Wasi Zafar, Federal Minister for Privatisation and Investment Zahid Hamid, Chief Commissioner and Inspector-General of Police, Islamabad, who were allegedly in
Published 26 Aug, 2007 12:00am
Sitara-e-Imtiaz: Shaukat congratulates Inquilab Matri

Sitara-e-Imtiaz: Shaukat congratulates Inquilab Matri

Prime Minister Shaukat Aziz congratulated Inquilab Matri today on being conferred the Sitara-e-Imtiaz by the President of Pakistan in the Awardees list issued on the Independence Day. Many other officials including Governor Dr Ishratul Ebad Khan congratul
Published 26 Aug, 2007 12:00am
PML, allied parties to re-elect Musharraf: Prime Minister

PML, allied parties to re-elect Musharraf: Prime Minister

Prime Minister Shaukat Aziz said the election of the president would be in line with the law and the Constitution and in accordance with the requirements of the Election Commission. Shaukat Aziz was confident that the ruling PML and the allied parties wou
Published 26 Aug, 2007 12:00am
PML, allied parties to re-elect Musharraf: Prime Minister

PML, allied parties to re-elect Musharraf: Prime Minister

Prime Minister Shaukat Aziz said the election of the president would be in line with the law and the Constitution and in accordance with the requirements of the Election Commission. Shaukat Aziz was confident that the ruling PML and the allied parties wou
Published 26 Aug, 2007 12:00am
Government always abides by court verdicts: Prime Minister

Government always abides by court verdicts: Prime Minister

Prime Minister Shaukat Aziz on Saturday said the government gives highest respect to the judiciary and has always abided by the judgements of courts in the country. "We have great respect and honour for courts in Pakistan which are independent and we have
Published 26 Aug, 2007 12:00am
MPs, Nazims call on President

MPs, Nazims call on President

President General Pervez Musharraf while addressing Senators, Ministers, MNAs, MPAs and Nazims, who called on him here on Saturday, gave an overview of the current environment of the country. The President identified the critical time the country was pass
Published 26 Aug, 2007 12:00am
MPs, Nazims call on President

MPs, Nazims call on President

President General Pervez Musharraf while addressing Senators, Ministers, MNAs, MPAs and Nazims, who called on him here on Saturday, gave an overview of the current environment of the country. The President identified the critical time the country was pass
Published 26 Aug, 2007 12:00am
KSE body reviews Demutualisation Ordinance draft

KSE body reviews Demutualisation Ordinance draft

The Dematualisation Committee of Karachi Stock Exchange (KSE) on Saturday reviewed the draft of Dematualisation Ordinance. This was an internal meeting of the committee, chaired by member Director and chief of the committee Shehzad Chamdia. The meeting re
Published 26 Aug, 2007 12:00am
KSE body reviews Demutualisation Ordinance draft

KSE body reviews Demutualisation Ordinance draft

The Dematualisation Committee of Karachi Stock Exchange (KSE) on Saturday reviewed the draft of Dematualisation Ordinance. This was an internal meeting of the committee, chaired by member Director and chief of the committee Shehzad Chamdia. The meeting re
Published 26 Aug, 2007 12:00am
KSE body reviews Demutualisation Ordinance draft

KSE body reviews Demutualisation Ordinance draft

The Dematualisation Committee of Karachi Stock Exchange (KSE) on Saturday reviewed the draft of Dematualisation Ordinance. This was an internal meeting of the committee, chaired by member Director and chief of the committee Shehzad Chamdia. The meeting re
Published 26 Aug, 2007 12:00am
Sindh fiscal deficit reduced by Rs seven billion

Sindh fiscal deficit reduced by Rs seven billion

The fiscal deficit of Sindh has been drastically reduced by rupees seven billion, from Rs 12.341 billion to Rs 5.341 billion, Business Recorder learnt here on Saturday. Sindh Senior Minister Syed Sardar Ahmed in his budget speech on June 15 in the
Published 26 Aug, 2007 12:00am
Sindh fiscal deficit reduced by Rs seven billion

Sindh fiscal deficit reduced by Rs seven billion

The fiscal deficit of Sindh has been drastically reduced by rupees seven billion, from Rs 12.341 billion to Rs 5.341 billion, Business Recorder learnt here on Saturday. Sindh Senior Minister Syed Sardar Ahmed in his budget speech on June 15 in the
Published 26 Aug, 2007 12:00am
Sindh fiscal deficit reduced by Rs seven billion

Sindh fiscal deficit reduced by Rs seven billion

The fiscal deficit of Sindh has been drastically reduced by rupees seven billion, from Rs 12.341 billion to Rs 5.341 billion, Business Recorder learnt here on Saturday. Sindh Senior Minister Syed Sardar Ahmed in his budget speech on June 15 in the
Published 26 Aug, 2007 12:00am
Current account deficit amounts to $892 million in July

Current account deficit amounts to $892 million in July

The country registered 892 million-dollar current account deficit during July, the first month of the current fiscal year. Official statistics revealed on Saturday the country''s current account deficit had dipped by 17 percent or 181 million dollars to 8
Published 26 Aug, 2007 12:00am
Current account deficit amounts to $892 million in July

Current account deficit amounts to $892 million in July

The country registered 892 million-dollar current account deficit during July, the first month of the current fiscal year. Official statistics revealed on Saturday the country's current account deficit had dipped by 17 percent or 181 million dollars to 89
Published 26 Aug, 2007 12:00am
Current account deficit amounts to $892 million in July

Current account deficit amounts to $892 million in July

The country registered 892 million-dollar current account deficit during July, the first month of the current fiscal year. Official statistics revealed on Saturday the country's current account deficit had dipped by 17 percent or 181 million dollars to 89
Published 26 Aug, 2007 12:00am
FBR Act to come into force from September 15

FBR Act to come into force from September 15

The Federal Board of Revenue (FBR) has informed the World Bank (WB) that the FBR Act, 2007 would come into force from September 15, 2007. Sources told Business Recorder on Saturday that WB mid-term review mission has shown interest in various provi
Published 26 Aug, 2007 12:00am
FBR Act to come into force from September 15

FBR Act to come into force from September 15

The Federal Board of Revenue (FBR) has informed the World Bank (WB) that the FBR Act, 2007 would come into force from September 15, 2007. Sources told Business Recorder on Saturday that WB mid-term review mission has shown interest in various provi
Published 26 Aug, 2007 12:00am
FBR Act to come into force from September 15

FBR Act to come into force from September 15

The Federal Board of Revenue (FBR) has informed the World Bank (WB) that the FBR Act, 2007 would come into force from September 15, 2007. Sources told Business Recorder on Saturday that WB mid-term review mission has shown interest in various provi
Published 26 Aug, 2007 12:00am
Auto Industry: things go from bad to worse

Auto Industry: things go from bad to worse

There was hardly any increase in the production of cars during 2006-07 against the same period of previous year despite the fact that the government had accepted all demands of auto assemblers, including ban on import of five-year-old vehicles, in the lon
Published 26 Aug, 2007 12:00am
Auto Industry: things go from bad to worse

Auto Industry: things go from bad to worse

There was hardly any increase in the production of cars during 2006-07 against the same period of previous year despite the fact that the government had accepted all demands of auto assemblers, including ban on import of five-year-old vehicles, in the lon
Published 26 Aug, 2007 12:00am
Auto Industry: things go from bad to worse

Auto Industry: things go from bad to worse

There was hardly any increase in the production of cars during 2006-07 against the same period of previous year despite the fact that the government had accepted all demands of auto assemblers, including ban on import of five-year-old vehicles, in the lon
Published 26 Aug, 2007 12:00am
Qayyum leaves for Saudi Arabia to perform Umrah

Qayyum leaves for Saudi Arabia to perform Umrah

Attorney General of Pakistan, Malik Muhammad Qayyum on Saturday left for Saudi Arabia along with his family to perform Umrah. Talking to APP by telephone from Lahore before his departure, the Attorney General dispelled the impression about his visit to Sa
Published 26 Aug, 2007 12:00am
'Afgan can be sentenced for contempt of court'

'Afgan can be sentenced for contempt of court'

Former Chief Justice of Pakistan Saeeduzzaman Siddiqui has said that Federal Minister for Parliamentary Affairs Sher Afgan can be sentenced to six months maximum jail term for his contempt of court remarks. In an interview with the BBC he said the Supreme
Published 26 Aug, 2007 12:00am
CJP constitutes two benches for next week

CJP constitutes two benches for next week

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has constituted only two benches of the Supreme Court for the next week starting from August 27 (Monday) for hearing of cases at principal seat Islamabad and Lahore Registry.
Published 26 Aug, 2007 12:00am
Judiciary restores people's confidence: Chief Justice

Judiciary restores people's confidence: Chief Justice

Chief Justice Iftikhar Mohammad Chaudhry has said that recent judgements of the Supreme Court have won the confidence of the people, increased their respect for rule of law and belief in the supremacy of the Constitution.
Published 26 Aug, 2007 12:00am
Judiciary restores people's confidence: Chief Justice

Judiciary restores people's confidence: Chief Justice

Chief Justice Iftikhar Mohammad Chaudhry has said that recent judgements of the Supreme Court have won the confidence of the people, increased their respect for rule of law and belief in the supremacy of the Constitution.
Published 26 Aug, 2007 12:00am
PML-N asks Sharifs to return before September 10

PML-N asks Sharifs to return before September 10

The Central Executive Council (CEC) of Pakistan Muslim League (N) on Saturday passed a resolution at a high-level meeting suggesting that former Prime Minister Nawaz Sharif and his family members should return before September 10, and the exact date and v
Published 26 Aug, 2007 12:00am
PML-N asks Sharifs to return before September 10

PML-N asks Sharifs to return before September 10

The Central Executive Council (CEC) of Pakistan Muslim League (N) on Saturday passed a resolution at a high-level meeting suggesting that former Prime Minister Nawaz Sharif and his family members should return before September 10, and the exact date and v
Published 26 Aug, 2007 12:00am
Colonel among four kidnapped by militants

Colonel among four kidnapped by militants

Suspected militants in South Waziristan late on Friday kidnapped a senior Pakistan Army officer and three others, officials said on Saturday. Colonel Shahid Kiyani of Bajaur Scouts, two soldiers and an administration official were seized at gunpoint in th
Published 26 Aug, 2007 12:00am
The Weather

The Weather

The weather report on Saturday (August 25, 2007) and the forecast for Sunday (August 26, 2007).
Published 26 Aug, 2007 12:00am
Colonel among four kidnapped by militants

Colonel among four kidnapped by militants

Suspected militants in South Waziristan late on Friday kidnapped a senior Pakistan Army officer and three others, officials said on Saturday. Colonel Shahid Kiyani of Bajaur Scouts, two soldiers and an administration official were seized at gunpoint in th
Published 26 Aug, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Task force to enforce package for SEZs

Task force to enforce package for SEZs

The government would constitute a Task Force to implement tax incentives package and determine zone development standards for the Special Industrial and Economic Zones, including China-Pakistan Industrial and Economic Zones (CPEZ).
Published 26 Aug, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (August 25, 2007) and for Sunday (August 26, 2007).
Published 26 Aug, 2007 12:00am
Task force to enforce package for SEZs

Task force to enforce package for SEZs

The government would constitute a Task Force to implement tax incentives package and determine zone development standards for the Special Industrial and Economic Zones, including China-Pakistan Industrial and Economic Zones (CPEZ).
Published 26 Aug, 2007 12:00am
Task force to enforce package for SEZs

Task force to enforce package for SEZs

The government would constitute a Task Force to implement tax incentives package and determine zone development standards for the Special Industrial and Economic Zones, including China-Pakistan Industrial and Economic Zones (CPEZ).
Published 26 Aug, 2007 12:00am
38 killed in two Indian blasts

38 killed in two Indian blasts

Two blasts tore through the Indian city of Hyderabad late Saturday, killing at least 38 people and injuring 60 in what officials said they suspected was a terror attack. One explosion rocked a packed auditorium where a laser show was under way in an amuse
Published 26 Aug, 2007 12:00am
38 killed in two Indian blasts

38 killed in two Indian blasts

Two blasts tore through the Indian city of Hyderabad late Saturday, killing at least 38 people and injuring 60 in what officials said they suspected was a terror attack. One explosion rocked a packed auditorium where a laser show was under way in an amuse
Published 26 Aug, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (August 27, 2007).

Published 26 Aug, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (August 27, 2007).

Published 26 Aug, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 27, 2007

Published 26 Aug, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 27, 2007

Published 26 Aug, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 27, 2007

Published 26 Aug, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
THE RUPEE: minor changes versus dollar

THE RUPEE: minor changes versus dollar

Minor changes were seen in the interbank market at the weekend, showing one paisa gain against dollar for buying and selling at Rs 60.66 and Rs 60.60.68, currency analysts said. The rupee did not show significant variation versus dollar due to comparative
Published 26 Aug, 2007 12:00am
THE RUPEE: minor changes versus dollar

THE RUPEE: minor changes versus dollar

Minor changes were seen in the interbank market at the weekend, showing one paisa gain against dollar for buying and selling at Rs 60.66 and Rs 60.60.68, currency analysts said. The rupee did not show significant variation versus dollar due to comparative
Published 26 Aug, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 25, 2007).
Published 26 Aug, 2007 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 Saturday (August 25, 2007).

Published 26 Aug, 2007 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 Saturday (August 25, 2007).

Published 26 Aug, 2007 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 Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (August 25, 2007).

Published 26 Aug, 2007 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 26 Aug, 2007 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 26 Aug, 2007 12:00am
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