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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-12-19
Bankinter, KPN in mobile, banking services deal

Bankinter, KPN in mobile, banking services deal

Dutch telecoms group KPN has made an agreement with Bankinter through which the Spanish bank will offer mobile phone services at special rates to its banking clients, Bankinter said on Tuesday. The deal will piggyback the network of France Telecom's Orang
Published 19 Dec, 2007 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

US Plains hard red winter wheat basis bids were mostly steady on Tuesday though some firming was noted in Kansas locations. Truck wheat into Kansas City was a dime a bushel firmer while wheat into Salina was 2 cents firmer. Merchants said spot demand was
Published 19 Dec, 2007 12:00am
Three million perform Haj

Three million perform Haj

About three million faithful performed Haj here on Tuesday. They converged at Mount Arafat for Waqoof, which is the main ritual of the pilgrimage and spent the day praying and asking Allah Almighty's forgiveness. The pilgrims also listened to the Hajj Khu
Published 19 Dec, 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 19 Dec, 2007 12:00am
Three million perform Haj

Three million perform Haj

About three million faithful performed Haj here on Tuesday. They converged at Mount Arafat for Waqoof, which is the main ritual of the pilgrimage and spent the day praying and asking Allah Almighty's forgiveness. The pilgrims also listened to the Hajj Khu
Published 19 Dec, 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 19 Dec, 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 Tuesday (December 18, 2007).

Published 19 Dec, 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 Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks and non-bank financial institutions (NBFIs) have witnessed around 50 cases of merger and acquisition (M&As), involving more than 150 financial institutions since 2000. Besides eight of the 30 M&A transactions, involving commercial banks, have been e
Published 19 Dec, 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 Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks and non-bank financial institutions (NBFIs) have witnessed around 50 cases of merger and acquisition (M&As), involving more than 150 financial institutions since 2000. Besides eight of the 30 M&A transactions, involving commercial banks, have been e
Published 19 Dec, 2007 12:00am
Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks, NBFIs: 50 merger, acquisition cases executed since 2000

Banks and non-bank financial institutions (NBFIs) have witnessed around 50 cases of merger and acquisition (M&As), involving more than 150 financial institutions since 2000. Besides eight of the 30 M&A transactions, involving commercial banks, have been e
Published 19 Dec, 2007 12:00am
Experts probing H5N1 virus transmission to humans

Experts probing H5N1 virus transmission to humans

Pakistani authorities and World Health Organisation (WHO) experts were trying to determine on Tuesday whether bird flu had passed from human to human after the country reported its first human death from the virus.
Published 19 Dec, 2007 12:00am
Pak-Iran gas line project talks resume

Pak-Iran gas line project talks resume

The new round of Iran-Pakistan talks on what has been dubbed as a 'peace' pipeline started here with a positive note. The two sides discussed the remaining details of the gas contract and their talks will most likely conclude by Wednesday (tomorrow).
Published 19 Dec, 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 Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
Staff training: Khushhali Bank signs deal with SBI

Staff training: Khushhali Bank signs deal with SBI

The Khushhali Bank has signed a contract under United States Agency for International Development (USAID) project of 'Widening Harmonised Access to Microfinance' (WHAM) implemented by Shore Bank International Limited (SBI) to acquire SBI's services for cu
Published 19 Dec, 2007 12:00am
July-November remittances rise to $2.587 billion

July-November remittances rise to $2.587 billion

Home remittances sent by overseas Pakistanis during July-November 2007 recorded a rise of $494.26 million or 23.62 percent to $2.587 billion over the same period of the last fiscal year.
Published 19 Dec, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 18, 2007).
Published 19 Dec, 2007 12:00am
July-November remittances rise to $2.587 billion

July-November remittances rise to $2.587 billion

Home remittances sent by overseas Pakistanis during July-November 2007 recorded a rise of $494.26 million or 23.62 percent to $2.587 billion over the same period of the last fiscal year.
Published 19 Dec, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
July-November remittances rise to $2.587 billion

July-November remittances rise to $2.587 billion

Home remittances sent by overseas Pakistanis during July-November 2007 recorded a rise of $494.26 million or 23.62 percent to $2.587 billion over the same period of the last fiscal year.
Published 19 Dec, 2007 12:00am
Newspaper holidays

Newspaper holidays

All Pakistan Newspaper Society (APNS) Secretary-General Muhammad Aslam Kazi has announced that the member publications of the APNS will observe two closed holidays on Friday, December 21 and Saturday, December 22, 2007, respectively, on account of Eid-ul-
Published 19 Dec, 2007 12:00am
Newspaper holidays

Newspaper holidays

All Pakistan Newspaper Society (APNS) Secretary-General Muhammad Aslam Kazi has announced that the member publications of the APNS will observe two closed holidays on Friday, December 21 and Saturday, December 22, 2007, respectively, on account of Eid-ul-
Published 19 Dec, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
July-September SED receipts only 10 percent of target

July-September SED receipts only 10 percent of target

The Federal Board of Revenue (FBR) has collected only Rs 1.17 billion as special excise duty (SED) during July-September (2007-08), reflecting 10 percent collection against the overall target set for the current fiscal year.
Published 19 Dec, 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 Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
July-September SED receipts only 10 percent of target

July-September SED receipts only 10 percent of target

The Federal Board of Revenue (FBR) has collected only Rs 1.17 billion as special excise duty (SED) during July-September (2007-08), reflecting 10 percent collection against the overall target set for the current fiscal year.
Published 19 Dec, 2007 12:00am
July-September SED receipts only 10 percent of target

July-September SED receipts only 10 percent of target

The Federal Board of Revenue (FBR) has collected only Rs 1.17 billion as special excise duty (SED) during July-September (2007-08), reflecting 10 percent collection against the overall target set for the current fiscal year.
Published 19 Dec, 2007 12:00am
Banks asked to ensure 100 percent provisioning of NPLs

Banks asked to ensure 100 percent provisioning of NPLs

The State Bank of Pakistan (SBP) has once again asked the banks to make sure 100 percent provisioning of non-performing loans (NPLs) till December 31 2007. The SBP had issued BSD Circular No 07 on October 12, 2007 making amendments in Prudential Regulatio
Published 19 Dec, 2007 12:00am
KSE index sheds 35.93 points

KSE index sheds 35.93 points

Karachi share market on Tuesdya witnessed a dull session amidst thin volumes and the KSE-100 index shed 35.93 points to close at 14,508.29 points' level. The KSE-30 index declined by 109.18 points to close at 17,303.06 points' level.
Published 19 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
KSE index sheds 35.93 points

KSE index sheds 35.93 points

Karachi share market on Tuesdya witnessed a dull session amidst thin volumes and the KSE-100 index shed 35.93 points to close at 14,508.29 points' level. The KSE-30 index declined by 109.18 points to close at 17,303.06 points' level.
Published 19 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
KSE index sheds 35.93 points

KSE index sheds 35.93 points

Karachi share market on Tuesdya witnessed a dull session amidst thin volumes and the KSE-100 index shed 35.93 points to close at 14,508.29 points'' level. The KSE-30 index declined by 109.18 points to close at 17,303.06 points'' level.
Published 19 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
BRIndex30 down 46.84 points

BRIndex30 down 46.84 points

On Tuesday, BRIndex30 opened at 16,026.98. It closed at 15,962.05 with a net negative change of -46.84 points and percentage change of -0.29. It experienced intra-day high of 16,081.98 and intra-day low of 15,932.39 with volume of 101,933,800, which was 6
Published 19 Dec, 2007 12:00am
BRIndex30 down 46.84 points

BRIndex30 down 46.84 points

On Tuesday, BRIndex30 opened at 16,026.98. It closed at 15,962.05 with a net negative change of -46.84 points and percentage change of -0.29. It experienced intra-day high of 16,081.98 and intra-day low of 15,932.39 with volume of 101,933,800, which was 6
Published 19 Dec, 2007 12:00am
Cotton arrivals 18.36 percent less than last year

Cotton arrivals 18.36 percent less than last year

Cotton arrivals at the ginning factories on December 15 this year at 8.34 million bales were 18.36 percent less than 10.228 million bales recorded on December 15, 2006. Cotton production target for this year was set at 14.2 million bales, which was later
Published 19 Dec, 2007 12:00am
Cotton arrivals 18.36 percent less than last year

Cotton arrivals 18.36 percent less than last year

Cotton arrivals at the ginning factories on December 15 this year at 8.34 million bales were 18.36 percent less than 10.228 million bales recorded on December 15, 2006. Cotton production target for this year was set at 14.2 million bales, which was later
Published 19 Dec, 2007 12:00am
Cotton arrivals 18.36 percent less than last year

Cotton arrivals 18.36 percent less than last year

Cotton arrivals at the ginning factories on December 15 this year at 8.34 million bales were 18.36 percent less than 10.228 million bales recorded on December 15, 2006. Cotton production target for this year was set at 14.2 million bales, which was later
Published 19 Dec, 2007 12:00am
Three-year jail term proposed for brokers behind fake accounts

Three-year jail term proposed for brokers behind fake accounts

The Securities and Exchange Commission of Pakistan has proposed a three-year imprisonment for brokers for opening and maintaining fake accounts with the Central Depository Company, official sources told Business Recorder on Tuesday.
Published 19 Dec, 2007 12:00am
Three-year jail term proposed for brokers behind fake accounts

Three-year jail term proposed for brokers behind fake accounts

The Securities and Exchange Commission of Pakistan has proposed a three-year imprisonment for brokers for opening and maintaining fake accounts with the Central Depository Company, official sources told Business Recorder on Tuesday.
Published 19 Dec, 2007 12:00am
Three-year jail term proposed for brokers behind fake accounts

Three-year jail term proposed for brokers behind fake accounts

The Securities and Exchange Commission of Pakistan has proposed a three-year imprisonment for brokers for opening and maintaining fake accounts with the Central Depository Company, official sources told Business Recorder on Tuesday.
Published 19 Dec, 2007 12:00am
Drop in sales tax collection: FBR may carry out analysis of cement units

Drop in sales tax collection: FBR may carry out analysis of cement units

The Federal Board of Revenue (FBR) is likely to carry out a detailed analysis of cement factories to ascertain the reasons for decrease in sales tax collection from this potential sector during 2007-08 so far. The FBR quarterly review has strongly propose
Published 19 Dec, 2007 12:00am
Drop in sales tax collection: FBR may carry out analysis of cement units

Drop in sales tax collection: FBR may carry out analysis of cement units

The Federal Board of Revenue (FBR) is likely to carry out a detailed analysis of cement factories to ascertain the reasons for decrease in sales tax collection from this potential sector during 2007-08 so far. The FBR quarterly review has strongly propose
Published 19 Dec, 2007 12:00am
Drop in sales tax collection: FBR may carry out analysis of cement units

Drop in sales tax collection: FBR may carry out analysis of cement units

The Federal Board of Revenue (FBR) is likely to carry out a detailed analysis of cement factories to ascertain the reasons for decrease in sales tax collection from this potential sector during 2007-08 so far. The FBR quarterly review has strongly propose
Published 19 Dec, 2007 12:00am
Bears tighten grip on LSE

Bears tighten grip on LSE

A bearish trend gripped the Lahore Stock Exchange on Tuesday where equities recorded losses amid an ascending transaction volume under the lead of oil sector shares. The LSE-25 index fell by 4676.39 against 4727.59 of Monday while trading turnover increas
Published 19 Dec, 2007 12:00am
Bears tighten grip on LSE

Bears tighten grip on LSE

A bearish trend gripped the Lahore Stock Exchange on Tuesday where equities recorded losses amid an ascending transaction volume under the lead of oil sector shares. The LSE-25 index fell by 4676.39 against 4727.59 of Monday while trading turnover increas
Published 19 Dec, 2007 12:00am
Bank of England says three-months cash offer slightly oversubscribed

Bank of England says three-months cash offer slightly oversubscribed

Commercial banks sought slightly more funds than were available Tuesday in a three-month offer of cash made under a special refinancing arrangement announced last week, the Bank of England said. The BoE put up 11.35 billion pounds (15.9 billion euros, 22.
Published 19 Dec, 2007 12:00am
ISE index loses 43.04 points

ISE index loses 43.04 points

Fresh bearish assault moved the entire ready-board in downward direction at the Islamabad Stock Exchange (ISE) where players remained at the sidelines to avoid heavy losses amid decrease in index. ISE-10 Index showed a decrease of 43.04 points as it moved
Published 19 Dec, 2007 12:00am
ISE index loses 43.04 points

ISE index loses 43.04 points

Fresh bearish assault moved the entire ready-board in downward direction at the Islamabad Stock Exchange (ISE) where players remained at the sidelines to avoid heavy losses amid decrease in index. ISE-10 Index showed a decrease of 43.04 points as it moved
Published 19 Dec, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Dec, 2007 12:00am
ABB wins orders for China power 'super-highway'

ABB wins orders for China power 'super-highway'

Swiss engineering group ABB Ltd has won contracts worth $440 million from the State Grid Corporation of China (SGCC) to build the world's longest power link, running 2,000 kilometres across the country.
Published 19 Dec, 2007 12:00am
Population increasing by 1.4 percent per annum

Population increasing by 1.4 percent per annum

The government is planning to bring population growth rate under control from present 1.4 percent to 1.0 percent during next year, said Professor A. J. Khan, Federal Minister for Population Welfare here on Tuesday.
Published 19 Dec, 2007 12:00am
Minister terms sanitation sector most neglected

Minister terms sanitation sector most neglected

Over the past years sanitation remained a neglected sector in Pakistan as almost 30 percent population in rural areas and 65 percent in urban areas have an access to proper sanitation facilities, said Wajid Hussain Bukhari, caretaker Federal Minister for
Published 19 Dec, 2007 12:00am
The Weather

The Weather

The weather report on Tuesday (December 18, 2007) and the forecast for Wednesday (December 19, 2007).
Published 19 Dec, 2007 12:00am
'Government to hold fair, free polls'

'Government to hold fair, free polls'

Former federal 'Govt to hold fair, free polls' minister and PML-Q candidate from NA-55 and NA-56 Sheikh Rashid Ahmad has said that the government would hold 100 percent fair and transparent polls in the country.
Published 19 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 19 Dec, 2007 12:00am
Oil price increase left to next government

Oil price increase left to next government

The caretaker government has decided to leave the unpopular but unavoidable decision of increasing oil prices to the next elected government, it has been reliably learnt. The petroleum and the finance ministries had forcefully pleaded to the government la
Published 19 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 19 Dec, 2007 12:00am
Mild quake jolts southern Punjab

Mild quake jolts southern Punjab

An earthquake measuring 5.1 on the Richter scale jolted parts of southern Punjab on Tuesday but there were no immediate reports of any damage. According to the US geological survey, the epicentre of the quake was north-west 105 km (65 miles) of Dera Ghazi
Published 19 Dec, 2007 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
14 factories allowed to export citrus

14 factories allowed to export citrus

Russia has lifted ban on importing Kinnow from Pakistan and a delegation of its Quarantine Department currently visiting Pakistan has allowed 14 factories to start exporting citrus.
Published 19 Dec, 2007 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 18, 2007).

Published 19 Dec, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (December 18, 2007) and for Wednesday (December 19, 2007).
Published 19 Dec, 2007 12:00am
PPP to form government after polls: Benazir

PPP to form government after polls: Benazir

Chairperson Pakistan People's Party (PPP) Benazir Bhutto has vowed that her party would form the government after the January 8 elections. Addressing a public meeting at Gama Stadium here, she said a PPP government would re-launch all such mega developmen
Published 19 Dec, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 18, 2007).

Published 19 Dec, 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 19 Dec, 2007 12:00am
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