News Archives for Print - 2007-10-13 - Business Recorder

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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2007-10-13

Rail track and gas pipeline blown up

Rail track and gas pipeline blown up

In separate incidents, rail track was blown near Quetta, gas pipeline in Pir Koh and power towers in Kohlu area. According to details, terrorists blew up rail track at Spezand some 25 Km South of Quetta along Quetta-Sibi section on Friday morning a 2-feet

Published 13 Oct, 2007 12:00am

Nike interested in resuming exports

Nike interested in resuming exports

Nike, a major US group, has shown interest in coming back to Pakistan for business and resume football and sports apparels import. Nike management told Secretary Industries, Shahab Khawaja here during a meeting the other day that it was interested in doin

Published 13 Oct, 2007 12:00am

Surge in malaria cases across Sindh

Surge in malaria cases across Sindh

Doctors have called for urgent measures to cope with the increasing number of malaria cases in different parts of Karachi and interior Sindh. This would include the eradication of mosquitoes causing vivax as well as falciparum malaria among the masses.

Published 13 Oct, 2007 12:00am

Diana's heart surgeon friend to return to Pakistan

Diana's heart surgeon friend to return to Pakistan

The heart surgeon Princess Diana loved is to quit London to build a new life in Pakistan. Consultant Hasnat Khan broke a decade-long silence to speak about his frustration that he cannot put his two-year relationship with the Princess behind him, newspape

Published 13 Oct, 2007 12:00am

Eid-ul-Fitr prayer timings

Eid-ul-Fitr prayer timings

6.45 am: Jamia Masjid Kanzul Imaan, Gurumandar; Badr Masjid, Paper Market, Light House; Zainab Masjid, Jamshed No 2. 7.00 am: Alamgir Masjid, Alamgir Road, Bahadurabad; Arain Masjid, Jamshed Road No 3.

Published 13 Oct, 2007 12:00am

Eid prayers: SHC orders CDGK to vacate Annu Bhai Park

Eid prayers: SHC orders CDGK to vacate Annu Bhai Park

Sindh High Court (SHC) on Friday ordered City District Government Karachi (CDGK) to immediately close Eid festival and vacate Annu Bhai Park in Nazimabad area for preparation to hold Eid prayers.

Published 13 Oct, 2007 12:00am

Industrialists urged to work hard for strong economy

Industrialists urged to work hard for strong economy

Provincial Minister for Labour and Industries, Adil Siddiqi has said that industrialist and business class of people serve as an economic pillar for the progress of any country which cannot be oversighted.

Published 13 Oct, 2007 12:00am

Two missing Jeay Sindh leaders produced in ATC

Two missing Jeay Sindh leaders produced in ATC

Jeay Sindh Qaumi Mahaz workers Chetan Bajir and G.M Bhagat, who were missing since last one year, were produced on Friday before the acting judge of Anti Terrorist Court, Abdul Rasool Memon who is also District and Sessions Judge. The Umerkot police discl

Published 13 Oct, 2007 12:00am

NAB submits two new references in Accountability Court

NAB submits two new references in Accountability Court

National Accountability Bureau (NAB) Sindh on Friday filed two new references in the court of Administrative Judge Accountability Court Karachi. One reference is against accused Inspector Excise and Taxation Asghar Ali Dahar and another against Director M

Published 13 Oct, 2007 12:00am

NAB asked to file reply on cases against Benazir, Zardari

NAB asked to file reply on cases against Benazir, Zardari

The Accountability Court Rawalpindi has asked the National Accountability Bureau (NAB) to file the reply on the petitions filed by former premier Benazir Bhutto, her spouse Asif Ali Zardari, Interior Minister Aftab Sherpao and others seeking acquittal in

Published 13 Oct, 2007 12:00am

Conviction in NAB references: LHC dismisses Benazir's petition

Conviction in NAB references: LHC dismisses Benazir's petition

A division bench of Lahore High Court (LHC) has dismissed the petition of former premier Benazir Bhutto challenging her conviction in absentia in SGS-Cotecna, ARY references and the return of assets by an accountability court of Rawalpindi in absen

Published 13 Oct, 2007 12:00am

Karachiites throng markets for Eid shopping

Karachiites throng markets for Eid shopping

Eid-ul-Fitr just round the corner has finally magnified the spirits of Karachiites who during the past one month appeared to be mainly engrossed with their religious obligations. Now they are equally keen to celebrate the festival, a restitution for their

Published 13 Oct, 2007 12:00am

780 percent rise in foreign investment in cement sector

780 percent rise in foreign investment in cement sector

Cement sector attracted $41.4 million foreign investment during July-August this year, depicting a surge of 780 percent against $4 4.7 million of same period of 2006-07, industry sources told business recorder on Friday.

Published 13 Oct, 2007 12:00am

780 percent rise in foreign investment in cement sector

780 percent rise in foreign investment in cement sector

Cement sector attracted $41.4 million foreign investment during July-August this year, depicting a surge of 780 percent against $4 4.7 million of same period of 2006-07, industry sources told business recorder on Friday.

Published 13 Oct, 2007 12:00am

780 percent rise in foreign investment in cement sector

780 percent rise in foreign investment in cement sector

Cement sector attracted $41.4 million foreign investment during July-August this year, depicting a surge of 780 percent against $4 4.7 million of same period of 2006-07, industry sources told business recorder on Friday.

Published 13 Oct, 2007 12:00am

'Supreme Court ruling won't affect Benazir's return plan'

'Supreme Court ruling won't affect Benazir's return plan'

Former premier and Chairperson Pakistan People's Party (PPP) Benazir Bhutto's plan to return home next week will not be affected by a Supreme Court decision to examine the legality of a government amnesty, and she will fly directly from Dubai, an aide sai

Published 13 Oct, 2007 12:00am

'Supreme Court ruling won't affect Benazir's return plan'

'Supreme Court ruling won't affect Benazir's return plan'

Former premier and Chairperson Pakistan People's Party (PPP) Benazir Bhutto's plan to return home next week will not be affected by a Supreme Court decision to examine the legality of a government amnesty, and she will fly directly from Dubai, an aide sai

Published 13 Oct, 2007 12:00am

No let up in Pakistan's efforts in war on terror: Kiyani

No let up in Pakistan's efforts in war on terror: Kiyani

Vice Chief of Army Staff, General Ashfaq Kiyani, who is set to succeeded General Pervez Musharraf as next army chief, Friday vowed that there would be "no let-up" in Pakistan's efforts in the US-led "war on terror".

Published 13 Oct, 2007 12:00am

No let up in Pakistan's efforts in war on terror: Kiyani

No let up in Pakistan's efforts in war on terror: Kiyani

Vice Chief of Army Staff, General Ashfaq Kiyani, who is set to succeeded General Pervez Musharraf as next army chief, Friday vowed that there would be "no let-up" in Pakistan's efforts in the US-led "war on terror".

Published 13 Oct, 2007 12:00am

Militants publicly behead six 'criminals'

Militants publicly behead six 'criminals'

Militants publicly beheaded six alleged criminals and lashed three others in an outbreak of vigilante violence on Friday, officials and witnesses said. The incidents were the latest in a series blamed on hard-liners who are seeking to emulate Afghanistan'

Published 13 Oct, 2007 12:00am

South Waziristan kidnapping: troops acted unprofessionally: Musharraf

South Waziristan kidnapping: troops acted unprofessionally: Musharraf

President Pervez Musharraf has blamed a group of more than 200 soldiers for their capture by pro-Taleban militants in tribal areas of the country. "I think they acted unprofessionally in that they were trying to clear a road block without taking any preca

Published 13 Oct, 2007 12:00am

July-August leather garments export down 12 percent

July-August leather garments export down 12 percent

Export of leather garments dipped by 12 percent during the first two months (July-August) of the 2007 fiscal year due to high cost of production and unfavourable government policies, said exporters on Friday.

Published 13 Oct, 2007 12:00am

July-August leather garments export down 12 percent

July-August leather garments export down 12 percent

Export of leather garments dipped by 12 percent during the first two months (July-August) of the 2007 fiscal year due to high cost of production and unfavourable government policies, said exporters on Friday.

Published 13 Oct, 2007 12:00am

July-August leather garments export down 12 percent

July-August leather garments export down 12 percent

Export of leather garments dipped by 12 percent during the first two months (July-August) of the 2007 fiscal year due to high cost of production and unfavourable government policies, said exporters on Friday.

Published 13 Oct, 2007 12:00am

Putin warns US over missile treaty

Putin warns US over missile treaty

President Vladimir Putin warned the United States on Friday that Russia may quit a Cold War treaty on intermediate missiles if it is not expanded to impose arms restrictions on other states.

Published 13 Oct, 2007 12:00am

Over 18 tons palm acid oil seized

Over 18 tons palm acid oil seized

The Directorate of Intelligence and Investigation of Central Board of Revenue (CBR), Karachi, has seized a container with 18,130 kg Palm Acid Oil (PAO), imported from United Pyramid, in Malaysia, by Madina Industry, of North Karachi.

Published 13 Oct, 2007 12:00am

Over 18 tons palm acid oil seized

Over 18 tons palm acid oil seized

The Directorate of Intelligence and Investigation of Central Board of Revenue (CBR), Karachi, has seized a container with 18,130 kg Palm Acid Oil (PAO), imported from United Pyramid, in Malaysia, by Madina Industry, of North Karachi.

Published 13 Oct, 2007 12:00am

Over 18 tons palm acid oil seized

Over 18 tons palm acid oil seized

The Directorate of Intelligence and Investigation of Central Board of Revenue (CBR), Karachi, has seized a container with 18,130 kg Palm Acid Oil (PAO), imported from United Pyramid, in Malaysia, by Madina Industry, of North Karachi.

Published 13 Oct, 2007 12:00am

Safeguard policy update: ADB issues consultation draft

Safeguard policy update: ADB issues consultation draft

The Asian Development Bank (ADB) has issued a consultation draft for its safeguard policy update, holding workshops in late 2007 and early 2008 as part of an ongoing process to enhance environmental and social safeguards of the projects it is supporting i

Published 13 Oct, 2007 12:00am

Haiti floods leave 23 dead

Haiti floods leave 23 dead

At least 23 people have died near Haiti's capital following heavy rains that triggered floods, Interior Minister Paul Antoine Bien-Aime told AFP Friday. Bien-Aime said 23 bodies were found Thursday in Cabaret, north of the capital, after floodwaters hit t

Published 13 Oct, 2007 12:00am

Barclays unit had profitable September despite credit crunch

Barclays unit had profitable September despite credit crunch

Barclays Capital, the investment banking arm of British bank Barclays, was profitable in September amid the global credit squeeze, Barclays president Bob Diamond said Friday.

Published 13 Oct, 2007 12:00am

Barclays unit had profitable September despite credit crunch

Barclays unit had profitable September despite credit crunch

Barclays Capital, the investment banking arm of British bank Barclays, was profitable in September amid the global credit squeeze, Barclays president Bob Diamond said Friday.

Published 13 Oct, 2007 12:00am

China foreign exchange reserves top $1.43 trillion, may be understated

China foreign exchange reserves top $1.43 trillion, may be understated

China's foreign exchange reserves, the world's largest, swelled to $1.434 trillion in the third quarter, and analysts said the figure could have been higher but for the country's new sovereign wealth fund.

Published 13 Oct, 2007 12:00am

China eyes broader role for foreign broker joint ventures

China eyes broader role for foreign broker joint ventures

China will expand the business scope of foreign brokerage firms' joint ventures when the time is right, the chief securities regulator said on Thursday.

Published 13 Oct, 2007 12:00am

Inquiry into French role in Rwandan genocide extended

Inquiry into French role in Rwandan genocide extended

The mandate of a Rwandan inquiry commission on France's role in the 1994 genocide was extended for a third time, commission president Jean de Dieu Mucyo said Friday. "This extension was approved by the government at the demand of the Rwandan parliament,"

Published 13 Oct, 2007 12:00am

The Weather

The Weather

The weather report on Friday (October 12, 2007) and the forecast for Saturday (October 13, 2007).

Published 13 Oct, 2007 12:00am

Mother arrested in Philadelphia school attack plot

Mother arrested in Philadelphia school attack plot

The mother of a 14-year-old boy who confessed to planning an armed assault on a Pennsylvania high school was arrested on Friday on suspicion of buying a rifle for her son, police said. The rifle was part of an arsenal the boy had amassed including home-ma

Published 13 Oct, 2007 12:00am

New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 13 Oct, 2007 12:00am

IMF members set for tough talks in Washington: German official

IMF members set for tough talks in Washington: German official

IMF policymakers are set for tough talks next week on reforming the IMF's mechanism to determine national contributions - or quotas - in the face of rising demands from emerging countries, a German official said Friday.

Published 13 Oct, 2007 12:00am

New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 13 Oct, 2007 12:00am

Russia to propose solution in EU lumber trade row

Russia to propose solution in EU lumber trade row

Russia will propose a solution in a trade row with the European Union over lumber export duties in time for a summit this month, trade negotiator Maxim Medvedkov said on Friday. "This issue demands a solution. The ball is in our court, and we will be able

Published 13 Oct, 2007 12:00am

Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 13 Oct, 2007 12:00am

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh government will pay around Rs 67.75 billion as interest to international financial institutions by 2050 on amounts received from these financial bodies, Business Recorder learnt here on Friday.

Published 13 Oct, 2007 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh government will pay around Rs 67.75 billion as interest to international financial institutions by 2050 on amounts received from these financial bodies, Business Recorder learnt here on Friday.

Published 13 Oct, 2007 12:00am

Poultry rates

Poultry rates

Wholesale poultry rates on Friday (October 12, 2007) and for Saturday (October 13, 2007).

Published 13 Oct, 2007 12:00am

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh to pay Rs 67 billion interest on foreign loans by 2050

Sindh government will pay around Rs 67.75 billion as interest to international financial institutions by 2050 on amounts received from these financial bodies, Business Recorder learnt here on Friday.

Published 13 Oct, 2007 12:00am

State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th August 2007.

Published 13 Oct, 2007 12:00am

SBP amends loans regulations

SBP amends loans regulations

The State Bank of Pakistan (SBP) has made amendments in Prudential Regulations regarding loans and advances. The SBP said here on Friday that it has decided to completely withdraw the benefit of forced sale value (FSV) against all non-performing loans (NP

Published 13 Oct, 2007 12:00am

State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th August 2007.

Published 13 Oct, 2007 12:00am

SBP amends loans regulations

SBP amends loans regulations

The State Bank of Pakistan (SBP) has made amendments in Prudential Regulations regarding loans and advances. The SBP said here on Friday that it has decided to completely withdraw the benefit of forced sale value (FSV) against all non-performing loans (NP

Published 13 Oct, 2007 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

SBP amends loans regulations

SBP amends loans regulations

The State Bank of Pakistan (SBP) has made amendments in Prudential Regulations regarding loans and advances. The SBP said here on Friday that it has decided to completely withdraw the benefit of forced sale value (FSV) against all non-performing loans (NP

Published 13 Oct, 2007 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Assets bought under TARP: World Bank wants FBR to conduct physical checking

Assets bought under TARP: World Bank wants FBR to conduct physical checking

The World Bank (WB) has asked the Federal Board of Revenue (FBR) to carry out physical verification of all fixed assets purchased under Tax Administration Reforms Program (TARP), to figure out actual amount in dollars.

Published 13 Oct, 2007 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Assets bought under TARP: World Bank wants FBR to conduct physical checking

Assets bought under TARP: World Bank wants FBR to conduct physical checking

The World Bank (WB) has asked the Federal Board of Revenue (FBR) to carry out physical verification of all fixed assets purchased under Tax Administration Reforms Program (TARP), to figure out actual amount in dollars.

Published 13 Oct, 2007 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Assets bought under TARP: World Bank wants FBR to conduct physical checking

Assets bought under TARP: World Bank wants FBR to conduct physical checking

The World Bank (WB) has asked the Federal Board of Revenue (FBR) to carry out physical verification of all fixed assets purchased under Tax Administration Reforms Program (TARP), to figure out actual amount in dollars.

Published 13 Oct, 2007 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Eid on Sunday

Eid on Sunday

The Moon of Shawwal has not been sighted in any part of the country and Eid-ul-Fittar will be celebrated on Sunday.

Published 13 Oct, 2007 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Eid on Sunday

Eid on Sunday

The Moon of Shawwal has not been sighted in any part of the country and Eid-ul-Fittar will be celebrated on Sunday.

Published 13 Oct, 2007 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

High mark up reduces car leasing in Ramazan

High mark up reduces car leasing in Ramazan

High mark up has reduced cars leasing to about 20 to 25 percent during this Ramazan as compared with the sale in last Ramazan. Talking to Business Recorder, car dealers said that higher black money for popular models, uninterrupted import of second

Published 13 Oct, 2007 12:00am

THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee-dollar official parity rates moved upward in the interbank market on Friday as the rupee picked up six paisa against dollar for buying and selling at Rs 60.57 and Rs 60.59, dealers said. Rising trend in the remittances from the overseas Pakistan

Published 13 Oct, 2007 12:00am

High mark up reduces car leasing in Ramazan

High mark up reduces car leasing in Ramazan

High mark up has reduced cars leasing to about 20 to 25 percent during this Ramazan as compared with the sale in last Ramazan. Talking to Business Recorder, car dealers said that higher black money for popular models, uninterrupted import of second

Published 13 Oct, 2007 12:00am

THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee-dollar official parity rates moved upward in the interbank market on Friday as the rupee picked up six paisa against dollar for buying and selling at Rs 60.57 and Rs 60.59, dealers said. Rising trend in the remittances from the overseas Pakistan

Published 13 Oct, 2007 12:00am

High mark up reduces car leasing in Ramazan

High mark up reduces car leasing in Ramazan

High mark up has reduced cars leasing to about 20 to 25 percent during this Ramazan as compared with the sale in last Ramazan. Talking to Business Recorder, car dealers said that higher black money for popular models, uninterrupted import of second

Published 13 Oct, 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 Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

SECP approves Demutualisation law draft

SECP approves Demutualisation law draft

The Policy Board of Securities and Exchange Commission of Pakistan (SECP) has approved the draft of ''Stock Exchanges De-mutualisation and Corportisation'' law. Sources told Business Recorder on Friday that the SECP policy board met on October 11 u

Published 13 Oct, 2007 12:00am

Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

SECP approves Demutualisation law draft

SECP approves Demutualisation law draft

The Policy Board of Securities and Exchange Commission of Pakistan (SECP) has approved the draft of 'Stock Exchanges De-mutualisation and Corportisation' law. Sources told Business Recorder on Friday that the SECP policy board met on October 11 und

Published 13 Oct, 2007 12:00am

Currency values in terms of Special Drawing Rights

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 13 Oct, 2007 12:00am

SECP approves Demutualisation law draft

SECP approves Demutualisation law draft

The Policy Board of Securities and Exchange Commission of Pakistan (SECP) has approved the draft of 'Stock Exchanges De-mutualisation and Corportisation' law. Sources told Business Recorder on Friday that the SECP policy board met on October 11 und

Published 13 Oct, 2007 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Discos, gencos told to stand on their feet: no more subsidies from government

Discos, gencos told to stand on their feet: no more subsidies from government

The power sector entities have been asked to act like private companies, as the government is unable to give subsidies indefinitely, official sources told Business Recorder.

Published 13 Oct, 2007 12:00am

London Interbank Offered Rates

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Discos, gencos told to stand on their feet: no more subsidies from government

Discos, gencos told to stand on their feet: no more subsidies from government

The power sector entities have been asked to act like private companies, as the government is unable to give subsidies indefinitely, official sources told Business Recorder.

Published 13 Oct, 2007 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Discos, gencos told to stand on their feet: no more subsidies from government

Discos, gencos told to stand on their feet: no more subsidies from government

The power sector entities have been asked to act like private companies, as the government is unable to give subsidies indefinitely, official sources told Business Recorder.

Published 13 Oct, 2007 12:00am

Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Multilateral approach needed on Iran sanctions: US

Multilateral approach needed on Iran sanctions: US

The world must take a concerted approach towards possible sanctions against Iran over its refusal to abandon sensitive parts of its nuclear programme, a senior US official said on Friday.

Published 13 Oct, 2007 12:00am

Banks' rates for currency notes (buying and selling)

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

US rejects interference in Pakistan's affairs

US rejects interference in Pakistan's affairs

Stressing that it is for Pakistani people to decide about their political future, the United States has taken exception to the notion that it is "stage-managing or telling Pakistanis" how to run their internal affairs.

Published 13 Oct, 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 Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Erdogan says relations with US in danger

Erdogan says relations with US in danger

Prime Minister Tayyip Erdogan said on Friday relations between Turkey and the United States are in danger over a resolution branding as genocide massacres of Armenians by Ottoman Turks during World War One.

Published 13 Oct, 2007 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Musharraf asks Benazir again to delay return

Musharraf asks Benazir again to delay return

President General Pervez Musharraf on Friday reiterated that former prime minister Benazir Bhutto should delay her return to Pakistan, planned for October 18. "There is a lot happening here. There are court cases and I think she should come after that," h

Published 13 Oct, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Musharraf asks Benazir again to delay return

Musharraf asks Benazir again to delay return

President General Pervez Musharraf on Friday reiterated that former prime minister Benazir Bhutto should delay her return to Pakistan, planned for October 18. "There is a lot happening here. There are court cases and I think she should come after that," h

Published 13 Oct, 2007 12:00am

LIBOR calculating interest on US dollar

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Petitioners granted stay of execution: Supreme Court ruling on NRO

Petitioners granted stay of execution: Supreme Court ruling on NRO

Supreme Court of Pakistan on Friday ruled that no one would take benefit/relief under the National Reconciliation Ordinance (NRO) till the court decided its vires (constitutional validity).

Published 13 Oct, 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 Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Petitioners granted stay of execution: Supreme Court ruling on NRO

Petitioners granted stay of execution: Supreme Court ruling on NRO

Supreme Court of Pakistan on Friday ruled that no one would take benefit/relief under the National Reconciliation Ordinance (NRO) till the court decided its vires (constitutional validity).

Published 13 Oct, 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 Friday (October 12, 2007).

Published 13 Oct, 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 Friday (October 12, 2007).

Published 13 Oct, 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 13 Oct, 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 13 Oct, 2007 12:00am

Karachi interbank rates

Karachi interbank rates

Karachi interbank rates on Friday (October 12, 2007).

Published 13 Oct, 2007 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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