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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-03-15
Bangladesh cuts LPG and furnace oil prices

Bangladesh cuts LPG and furnace oil prices

The Bangladesh Energy Regulatory Commission (BERC) on Saturday agreed to cut the prices of liquefied petroleum gas (LPG) and furnace oil by 15 percent and 13 percent respectively, effective Sunday. Earlier this month, state-run Bangladesh Petroleum Corpor
Published 15 Mar, 2009 12:00am
Plastic mouldings mixed on Jodia Bazaar

Plastic mouldings mixed on Jodia Bazaar

The trading in plastic moulding compounds closed mixed on Jodia Bazaar here on Saturday. The following changes were noted.
Published 15 Mar, 2009 12:00am
No business witnessed on cotton market

No business witnessed on cotton market

Not a single deal was reported on the cotton market on Saturday as there were sellers but no buyers, dealers said. The official spot rate was unchanged at Rs 3200, they said. The phutti prices in both the Punjab and Sindh were at Rs 1550-1650, they added.
Published 15 Mar, 2009 12:00am
Colombian coffee prices surge again

Colombian coffee prices surge again

Colombian beans once again traded at new price highs in Europes cash coffee market this week with exports from the country way below levels needed to meet roaster demand, physical traders said on Friday. Colombian Excelso grades were traded at differentia
Published 15 Mar, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 59,819 tonnes of cargo including 49,033 tonnes of import and 10,786 tonnes of export, 1,956 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday. The freights comprised of 32,223 tonnes of dry c
Published 15 Mar, 2009 12:00am
Canadian canola futures end lower

Canadian canola futures end lower

ICE Canadian canola futures closed lower Friday, following the US market and pressured by a stronger Canadian dollar. May canola fell $3.20 to $403.10 on a volume of 2,513 while July was off $3.50 to $402.70 on 1,823 contracts. November canola dropped $4.
Published 15 Mar, 2009 12:00am
US Midwest corn bids mostly steady

US Midwest corn bids mostly steady

Spot corn basis bids were mostly steady to weak around the interior US Midwest on Friday, while interior soyabean basis was generally steady amid a pickup in farmer selling this week, grain merchants said. Basis bids for corn at Midwest river elevators wa
Published 15 Mar, 2009 12:00am
US wheat futures down

US wheat futures down

US wheat futures closed lower on Friday on profit-taking after the big rally on Thursday. CBOT March expired 8-3/4 cents per bushel lower at $5.06-1/2 per bushel. May was down 6-3/4 cents at $5.18-1/4 per bushel. KCBT hard red winter wheat for March expir
Published 15 Mar, 2009 12:00am
Colombian corn imports from US fall in 2008-09: attache

Colombian corn imports from US fall in 2008-09: attache

Colombian corn imports from the United States will fall to 2.6 million tonnes in 2008/2009, a drop of 346,000 tonnes, due to the global economic slowdown, a US Agriculture Department attache in Bogota said in a report released on Friday. Attache reports a
Published 15 Mar, 2009 12:00am
South African maize up, wheat falls

South African maize up, wheat falls

South Africas main maize futures ended up on Friday, tracking higher Chicago Board of Trade (CBOT) corn prices, while the benchmark wheat futures fell on the back of a firmer rand against the US dollar. The most active July white maize futures contract cl
Published 15 Mar, 2009 12:00am
Oil prices rise in globe as demand woes dent metals

Oil prices rise in globe as demand woes dent metals

Oil prices rose over the week awaiting Opecs upcoming meet on output while a downturn in demand weighed on a number of metals, traders said. Markets were also awaiting the outcome of a meeting of leading finance ministers on Saturday to discuss how best t
Published 15 Mar, 2009 12:00am
Asian rice prices firm

Asian rice prices firm

Rice prices in Thailand and Vietnam, the worlds biggest and the second-largest exporters, remained firm this week despite thin demand, supported by government measures, exporters and traders said on Wednesday. Thai rice was mostly unchanged, with the benc
Published 15 Mar, 2009 12:00am
Asian rubber: tyre makers cancel Thai grades, China buys

Asian rubber: tyre makers cancel Thai grades, China buys

Two major tyre makers have cancelled the purchase of an unspecified amount of Thai rubber for April due to sagging demand for automobiles, dealers said on Wednesday, but main consumer China was in the market to stock up. Last week, dealers said at least t
Published 15 Mar, 2009 12:00am
Oil may hit new high when demand rebounds

Oil may hit new high when demand rebounds

Oil prices may eventually top record highs hit in 2008 above $147 a barrel in the coming years as the world economy recovers, a Deutsche Bank official said on Tuesday. As emerging markets resume growth once the recession recedes, global oil demand will re
Published 15 Mar, 2009 12:00am
Bangladesh 2009 palm oil import growth seen halving

Bangladesh 2009 palm oil import growth seen halving

Imports of palm oil by Bangladesh will grow at only half their average annual pace of 10 percent this year as the global economic downturn saps some demand, leading Singapore traders said on Wednesday. One trader said purchases from the South Asian countr
Published 15 Mar, 2009 12:00am
New York sugar sputters at top to end down

New York sugar sputters at top to end down

Raw sugar futures settled lower on Friday on investor profit-taking and a firmer dollar as brokers feel the market may see further losses going into next week, analysts said. The key May raw sugar contract retreated 0.21 cent to end at 12.88 cents per lb.
Published 15 Mar, 2009 12:00am
US gold settles rises

US gold settles rises

US gold futures settled up Friday, extending the previous sessions gains as a weaker dollar and worries about the outlook of global inflation triggered technical buying ahead of the weekend. Gold for April delivery settled up $6.10 at $930.10 an ounce on
Published 15 Mar, 2009 12:00am
US soyabean ends lower

US soyabean ends lower

US soyabean futures at the Chicago Board of Trade closed lower on Friday as two private firms forecast record US soya seeding this year. March expired 16-1/2 cents per bushel lower at $8.82-1/2 per bushel. May closed 5-1/2 cents down at $8.76-1/2 per bush
Published 15 Mar, 2009 12:00am
US copper up, off highs

US copper up, off highs

US copper futures trimmed a portion of their gains by the close on Friday, as investors took their cues from volatile equity markets and cashed in after an early rally stalled near the $1.70 a lb level. Copper for May delivery rose 4.00 cents, or 2.5 perc
Published 15 Mar, 2009 12:00am
US rice futures slip

US rice futures slip

US rice futures on the Chicago Board of Trade closed lower on Friday, falling to a 16-month low under the weight of big global stocks of rice, traders said. Technically selling was spurred after USDA raised its US rice ending stocks by 4 million cwt on We
Published 15 Mar, 2009 12:00am
Asian sugar: India may buy whites; Thai premiums edge up

Asian sugar: India may buy whites; Thai premiums edge up

India, the worlds largest sugar consumer, started making inquiries for Thai whites as speculation intensified that the government might allow imports, raising hopes for a rise in premiums, dealers said on Wednesday.
Published 15 Mar, 2009 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 15 Mar, 2009 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 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 14, 2009).
Published 15 Mar, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Presidency announces concessions

Presidency announces concessions

Pakistan Peoples Party believes in reconciliation and dialogue, and due to it federal government has decided to file a review petition in Supreme Court against disqualification of Sharif brothers. President Asif Ali Zardari stated this while addressing pa
Published 15 Mar, 2009 12:00am
Presidency announces concessions

Presidency announces concessions

Pakistan Peoples Party believes in reconciliation and dialogue, and due to it federal government has decided to file a review petition in Supreme Court against disqualification of Sharif brothers. President Asif Ali Zardari stated this while addressing pa
Published 15 Mar, 2009 12:00am
Hillary telephones Zardari, Nawaz

Hillary telephones Zardari, Nawaz

US Secretary of State Hillary Clinton telephoned President Asif Ali Zardari on Saturday and discussed the fragile political situation in Pakistan. According to sources, the US Secretary of State expressed concern over the deteriorating political situation
Published 15 Mar, 2009 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 Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
G20 to take whatever action necessary on slowdown

G20 to take whatever action necessary on slowdown

G20 finance ministers vowed Saturday to take "whatever action is necessary" on the world economic slowdown, after talks preparing for a key summit on fighting the crisis next month. They played down signs of division between the United States and Europe o
Published 15 Mar, 2009 12:00am
THE RUPEE: dollar higher on currency market

THE RUPEE: dollar higher on currency market

Rising uncertainties on the political side, pushed the rupee to give up its so called stability against dollar, dropping 14 paisa for buying at 80.44 and falling 12 paisa for selling at 80.47, they said. There were high demands for dollars, which dragged
Published 15 Mar, 2009 12:00am
G20 to take whatever action necessary on slowdown

G20 to take whatever action necessary on slowdown

G20 finance ministers vowed Saturday to take "whatever action is necessary" on the world economic slowdown, after talks preparing for a key summit on fighting the crisis next month. They played down signs of division between the United States and Europe o
Published 15 Mar, 2009 12:00am
THE RUPEE: dollar higher on currency market

THE RUPEE: dollar higher on currency market

Rising uncertainties on the political side, pushed the rupee to give up its so called stability against dollar, dropping 14 paisa for buying at 80.44 and falling 12 paisa for selling at 80.47, they said. There were high demands for dollars, which dragged
Published 15 Mar, 2009 12:00am
Hillary telephones Zardari, Nawaz

Hillary telephones Zardari, Nawaz

US Secretary of State Hillary Clinton telephoned President Asif Ali Zardari on Saturday and discussed the fragile political situation in Pakistan. According to sources, the US Secretary of State expressed concern over the deteriorating political situation
Published 15 Mar, 2009 12:00am
No change in tax regime for shares business in 2009-10: Tarin

No change in tax regime for shares business in 2009-10: Tarin

The government will continue the current tax regime without any change for shares business for the next fiscal year ie 2009-10. This was stated by Advisor to Prime Minister on Finance Shaukat Tarin while speaking at the Top-25 Companies Awards ceremony fo
Published 15 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
G20 to take whatever action necessary on slowdown

G20 to take whatever action necessary on slowdown

G20 finance ministers vowed Saturday to take "whatever action is necessary" on the world economic slowdown, after talks preparing for a key summit on fighting the crisis next month. They played down signs of division between the United States and Europe o
Published 15 Mar, 2009 12:00am
No change in tax regime for shares business in 2009-10: Tarin

No change in tax regime for shares business in 2009-10: Tarin

The government will continue the current tax regime without any change for shares business for the next fiscal year ie 2009-10. This was stated by Advisor to Prime Minister on Finance Shaukat Tarin while speaking at the Top-25 Companies Awards ceremony fo
Published 15 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
No change in tax regime for shares business in 2009-10: Tarin

No change in tax regime for shares business in 2009-10: Tarin

The government will continue the current tax regime without any change for shares business for the next fiscal year ie 2009-10. This was stated by Advisor to Prime Minister on Finance Shaukat Tarin while speaking at the Top-25 Companies Awards ceremony fo
Published 15 Mar, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Ports world-wide shipping schedule beginning Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
US looking to retool Pakistan relationship

US looking to retool Pakistan relationship

Former president George W. Bush recast the US relationship with India, forging closer ties. Could President Barack Obama do the same for US policy towards its nuclear-armed rival Pakistan? Upon taking office January 20, Obama ordered a sweeping review of
Published 15 Mar, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Ports world-wide shipping schedule beginning Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Gas pipeline blown up in Sui

Gas pipeline blown up in Sui

Unknown miscreants blew up an 8-inch diameter pipeline supplying gas to Sui Purification Plant here on Saturday, police said. Gas supply to the plant suspended for a short while after the explosion, which damaged some four feet long piece of the pipeline.
Published 15 Mar, 2009 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 Saturday (March 14, 2009).

Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 12:00am
Mumbai attack suspect remorseful

Mumbai attack suspect remorseful

The lone suspect captured by police during militants attacks on Mumbai in November expressed remorse and wept while being questioned soon after his arrest, a newspaper reported Saturday. Mohammed Ajmal Amir Iman, also known as Kasab, said his father force
Published 15 Mar, 2009 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Government seeks Armys support

Government seeks Armys support

Federal government has sought support of Pakistan Army to meet any challenging situation in the wake of lawyers long march. President Zardari has asked Army to remain on high alert to support the civilian law enforcement agencies deployed to stop the lawy
Published 15 Mar, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Government seeks Armys support

Government seeks Armys support

Federal government has sought support of Pakistan Army to meet any challenging situation in the wake of lawyers long march. President Zardari has asked Army to remain on high alert to support the civilian law enforcement agencies deployed to stop the lawy
Published 15 Mar, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
President sends cheque of Rs one million for family of Habib Jalib

President sends cheque of Rs one million for family of Habib Jalib

President Asif Ali Zardari has sent a cheque of Rs one million as financial assistance to the widow/family of great Awami poet Habib Jalib. Habib Jalib was a progressive thinker and politician, who supported the restoration of democracy during the period
Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 12:00am
Shahbaz meets Gilani

Shahbaz meets Gilani

Former Chief Minister Punjab Shahbaz Sharif called on Prime Minister Yousuf Raza Gilani on Friday night and discussed current political situation with him. Highly reliable sources confided to theBusiness Recorder that Shahbaz Sharif had flown to Is
Published 15 Mar, 2009 12:00am
Sherrys resignation accepted: Kaira given portfolio

Sherrys resignation accepted: Kaira given portfolio

Prime Minister Yousaf Raza Gilani on Saturday accepted the resignation of Sherry Rehman as Information Minister after consultation with President Asif Ali Zardari and gave the portfolio to Federal Minister for Kashmir Affairs Qamar Zaman Kaira as addition
Published 15 Mar, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Sherrys resignation accepted: Kaira given portfolio

Sherrys resignation accepted: Kaira given portfolio

Prime Minister Yousaf Raza Gilani on Saturday accepted the resignation of Sherry Rehman as Information Minister after consultation with President Asif Ali Zardari and gave the portfolio to Federal Minister for Kashmir Affairs Qamar Zaman Kaira as addition
Published 15 Mar, 2009 12:00am
Suit filed against Musharraf for sedition

Suit filed against Musharraf for sedition

A lawyer on Saturday filed a petition in Sindh High Court against former President Pervez Musharraf accusing him of committing "high treason" by inducing the armed forces "to impose martial law" in the country, Business Recorder learnt.
Published 15 Mar, 2009 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 (March 14, 2009).

Published 15 Mar, 2009 12:00am
Suit filed against Musharraf for sedition

Suit filed against Musharraf for sedition

A lawyer on Saturday filed a petition in Sindh High Court against former President Pervez Musharraf accusing him of committing "high treason" by inducing the armed forces "to impose martial law" in the country, Business Recorder learnt.
Published 15 Mar, 2009 12:00am
Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp
Published 15 Mar, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp
Published 15 Mar, 2009 12:00am
Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u
Published 15 Mar, 2009 12:00am
TIP demand reinstatement of deposed judges

TIP demand reinstatement of deposed judges

Transparency International Pakistan (TIP) has called on the Government of Pakistan to re-instate the deposed judges who were unconstitutionally dismissed on November 3 2007 by Chief of Army Staff General Pervez Musharraf, and immediately stop intervention
Published 15 Mar, 2009 12:00am
TIP demand reinstatement of deposed judges

TIP demand reinstatement of deposed judges

Transparency International Pakistan (TIP) has called on the Government of Pakistan to re-instate the deposed judges who were unconstitutionally dismissed on November 3 2007 by Chief of Army Staff General Pervez Musharraf, and immediately stop intervention
Published 15 Mar, 2009 12:00am
Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp
Published 15 Mar, 2009 12:00am
Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u
Published 15 Mar, 2009 12:00am
The Weather

The Weather

The weather report on Saturday (March 14, 2009) and the forecast for Sunday (March 15, 2009).

Published 15 Mar, 2009 12:00am
Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u
Published 15 Mar, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am
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