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Sep 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-05-03
FOB Gulf soya basis firm in week

FOB Gulf soya basis firm in week

US soyabean export premiums at the Gulf of Mexico rose this week as a shrinking South American crop supported demand for US supplies, while corn export premiums were near steady in the week, traders said Friday. Tightening old-crop US soya stocks sending
Published 03 May, 2009 12:00am
Kirana items move both ways

Kirana items move both ways

The trading in Kirana items moved both ways on Jodia Bazaar here on Saturday. The following changes were noted.
Published 03 May, 2009 12:00am
Seed prices up on grain market

Seed prices up on grain market

Seeds and sugar prices were sharply higher in slow trading on the wholesale grain and seed market on Saturday, dealers said. On seed side cottonseed oilcake with bag Punjab low type was up by Rs 50 to Rs 900 and better type gained Rs 100 to Rs 1,000, othe
Published 03 May, 2009 12:00am
Strong demand pushes prices up on cotton market

Strong demand pushes prices up on cotton market

Strong demand by the mills pushed the prices higher on the cotton market on Saturday and it seems that the rates may go further up as stock of fine quality is coming down, dealers said. The official spot rate was appreciated by Rs 50 to Rs 3,600.
Published 03 May, 2009 12:00am
CBOT wheat futures higher

CBOT wheat futures higher

Chicago Board of Trade wheat futures shot through the 50-day moving average for May and 100-day average for July, triggering a flurry of fund buying that also lifted Kansas City and Minneapolis wheat. CBOT May closed 33 cents or 6 percent higher at $5.57-
Published 03 May, 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 03 May, 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 03 May, 2009 12:00am
Forces retake Ambella-Daggar Road

Forces retake Ambella-Daggar Road

Security forces on Saturday took control of the road between Ambella and Daggar, the main road linking Daggar with the rest of the country. Five militants, including three Afghans, were arrested from Kanju while 12 army uniforms were recovered from a jeep
Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
Forces retake Ambella-Daggar Road

Forces retake Ambella-Daggar Road

Security forces on Saturday took control of the road between Ambella and Daggar, the main road linking Daggar with the rest of the country. Five militants, including three Afghans, were arrested from Kanju while 12 army uniforms were recovered from a jeep
Published 03 May, 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 (May 02, 2009).

Published 03 May, 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 (May 02, 2009).

Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
Setting up of Dar-ul-Qaza for Malakand announced

Setting up of Dar-ul-Qaza for Malakand announced

NWFP Information Minister Mian Iftikhar Hussain on Saturday announced the establishment of Dar-ul-Qaza for Malakand division. "Dar-ul-Qaza was the main demand and it has been met. Now there is no justification to take up arms," Mian Iftikhar Hussain told
Published 03 May, 2009 12:00am
Setting up of Dar-ul-Qaza for Malakand announced

Setting up of Dar-ul-Qaza for Malakand announced

NWFP Information Minister Mian Iftikhar Hussain on Saturday announced the establishment of Dar-ul-Qaza for Malakand division. "Dar-ul-Qaza was the main demand and it has been met. Now there is no justification to take up arms," Mian Iftikhar Hussain told
Published 03 May, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (May 02, 2009).
Published 03 May, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Land mafia to face action: Rehman

Land mafia to face action: Rehman

Interior Minister Rehman Malik on Saturday said that he would take action against land mafia on his return to the country, Aaj TV reported. Speaking at a joint press conference with Muttahida Qaumi Movement Quaid Altaf Hussain in London, he said al
Published 03 May, 2009 12:00am
Land mafia to face action: Rehman

Land mafia to face action: Rehman

Interior Minister Rehman Malik on Saturday said that he would take action against land mafia on his return to the country, Aaj TV reported. Speaking at a joint press conference with Muttahida Qaumi Movement Quaid Altaf Hussain in London, he said al
Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
FBR for strict monitoring to plug withholding tax leakages

FBR for strict monitoring to plug withholding tax leakages

The Federal Board of Revenue (FBR) has prioritised several sectors, including financial, cement, textile, sugar, oil, telecom and corporate for strict withholding tax (WHT) monitoring, Business Recorder learnt on Saturday. Sources in the Karachi La
Published 03 May, 2009 12:00am
FBR for strict monitoring to plug withholding tax leakages

FBR for strict monitoring to plug withholding tax leakages

The Federal Board of Revenue (FBR) has prioritised several sectors, including financial, cement, textile, sugar, oil, telecom and corporate for strict withholding tax (WHT) monitoring, Business Recorder learnt on Saturday. Sources in the Karachi La
Published 03 May, 2009 12:00am
FBR for strict monitoring to plug withholding tax leakages

FBR for strict monitoring to plug withholding tax leakages

The Federal Board of Revenue (FBR) has prioritised several sectors, including financial, cement, textile, sugar, oil, telecom and corporate for strict withholding tax (WHT) monitoring, Business Recorder learnt on Saturday. Sources in the Karachi La
Published 03 May, 2009 12:00am
THE RUPEE: parity with dollar range-bound

THE RUPEE: parity with dollar range-bound

Range-bound trading was seen on the interbank market on Saturday as the rupee shed two paisa against dollar for buying at 80.58 while it retained its previous level at 80.60, experts said. In fact the rupee is firm on improved supply of dollar and it is e
Published 03 May, 2009 12:00am
Banks, DFIs allowed to invest in commercial papers

Banks, DFIs allowed to invest in commercial papers

The State Bank of Pakistan has allowed banks and DFIs to invest in commercial papers (CP) without obtaining formal approval from it. SBP on Saturday amended Para 5(vi) of Guidelines on Commercial Paper, under which banks would be able to invest in the com
Published 03 May, 2009 12:00am
THE RUPEE: parity with dollar range-bound

THE RUPEE: parity with dollar range-bound

Range-bound trading was seen on the interbank market on Saturday as the rupee shed two paisa against dollar for buying at 80.58 while it retained its previous level at 80.60, experts said. In fact the rupee is firm on improved supply of dollar and it is e
Published 03 May, 2009 12:00am
Banks, DFIs allowed to invest in commercial papers

Banks, DFIs allowed to invest in commercial papers

The State Bank of Pakistan has allowed banks and DFIs to invest in commercial papers (CP) without obtaining formal approval from it. SBP on Saturday amended Para 5(vi) of Guidelines on Commercial Paper, under which banks would be able to invest in the com
Published 03 May, 2009 12:00am
Banks, DFIs allowed to invest in commercial papers

Banks, DFIs allowed to invest in commercial papers

The State Bank of Pakistan has allowed banks and DFIs to invest in commercial papers (CP) without obtaining formal approval from it. SBP on Saturday amended Para 5(vi) of Guidelines on Commercial Paper, under which banks would be able to invest in the com
Published 03 May, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Oil pricing, government's profits: Judicial commission probe continues

Oil pricing, government's profits: Judicial commission probe continues

The judicial commission, probing into nitty-gritty of oil pricing and profits earned by the government, would start taking input from the relevant authorities here from May 3 to 8. It has been learnt by Business Recorder on Saturday that after havi
Published 03 May, 2009 12:00am
Oil pricing, government's profits: Judicial commission probe continues

Oil pricing, government's profits: Judicial commission probe continues

The judicial commission, probing into nitty-gritty of oil pricing and profits earned by the government, would start taking input from the relevant authorities here from May 3 to 8. It has been learnt by Business Recorder on Saturday that after havi
Published 03 May, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
ADB to set up $3 billion fiscal spending fund

ADB to set up $3 billion fiscal spending fund

The Asian Development Bank said Saturday it will establish a three-billion-dollar fund to boost developing member countries' fiscal spending capacity amid the global economic crisis. ADB president Haruhiko Kuroda announced plans for the new facility at th
Published 03 May, 2009 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
ADB to set up $3 billion fiscal spending fund

ADB to set up $3 billion fiscal spending fund

The Asian Development Bank said Saturday it will establish a three-billion-dollar fund to boost developing member countries' fiscal spending capacity amid the global economic crisis. ADB president Haruhiko Kuroda announced plans for the new facility at th
Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
ADB to set up $3 billion fiscal spending fund

ADB to set up $3 billion fiscal spending fund

The Asian Development Bank said Saturday it will establish a three-billion-dollar fund to boost developing member countries'' fiscal spending capacity amid the global economic crisis. ADB president Haruhiko Kuroda announced plans for the new facility at t
Published 03 May, 2009 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 May 04, 2009.

Published 03 May, 2009 12:00am
Safety of Nuclear: foreign office refutes Financial Times report

Safety of Nuclear: foreign office refutes Financial Times report

Pakistan on Saturday categorically refuted the report that the country's military and civil authorities share its secrets about the nuclear program with the western countries in a bid to motivate them that Pakistan's nuclear assets are in safe hands and o
Published 03 May, 2009 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 May 04, 2009.

Published 03 May, 2009 12:00am
Safety of Nuclear: foreign office refutes Financial Times report

Safety of Nuclear: foreign office refutes Financial Times report

Pakistan on Saturday categorically refuted the report that the country's military and civil authorities share its secrets about the nuclear program with the western countries in a bid to motivate them that Pakistan's nuclear assets are in safe hands and o
Published 03 May, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Finance proposes Rs 255 billion outlay for 2009-10 PSDP

Finance proposes Rs 255 billion outlay for 2009-10 PSDP

The Finance Ministry has proposed federal outlay of Rs 255 billion for next financial year's (2009-10) Public Sector Development Programme (PSDP), which is Rs 116 billion less than that of current financial year. The Annual Plan Co-ordination Committee (A
Published 03 May, 2009 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 May 04, 2009.

Published 03 May, 2009 12:00am
Finance proposes Rs 255 billion outlay for 2009-10 PSDP

Finance proposes Rs 255 billion outlay for 2009-10 PSDP

The Finance Ministry has proposed federal outlay of Rs 255 billion for next financial year's (2009-10) Public Sector Development Programme (PSDP), which is Rs 116 billion less than that of current financial year. The Annual Plan Co-ordination Committee (A
Published 03 May, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Tariff on imported items to be rationalised

Tariff on imported items to be rationalised

The Federal government is to rationalise tariff on hundreds of imported items in the 2009-10 budget, as per proposals submitted by the Port Qasim Authority (PQA), well-informed sources in Federal Board of Revenue (FBR) told Business Recorder on Sat
Published 03 May, 2009 12:00am
Finance proposes Rs 255 billion outlay for 2009-10 PSDP

Finance proposes Rs 255 billion outlay for 2009-10 PSDP

The Finance Ministry has proposed federal outlay of Rs 255 billion for next financial year''s (2009-10) Public Sector Development Programme (PSDP), which is Rs 116 billion less than that of current financial year. The Annual Plan Co-ordination Committee (
Published 03 May, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Tariff on imported items to be rationalised

Tariff on imported items to be rationalised

The Federal government is to rationalise tariff on hundreds of imported items in the 2009-10 budget, as per proposals submitted by the Port Qasim Authority (PQA), well-informed sources in Federal Board of Revenue (FBR) told Business Recorder on Sat
Published 03 May, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Tariff on imported items to be rationalised

Tariff on imported items to be rationalised

The Federal government is to rationalise tariff on hundreds of imported items in the 2009-10 budget, as per proposals submitted by the Port Qasim Authority (PQA), well-informed sources in Federal Board of Revenue (FBR) told Business Recorder on Sat
Published 03 May, 2009 12:00am
Obama reaches out to Nawaz: The New York Times report

Obama reaches out to Nawaz: The New York Times report

The administration of US President Barack Obama is reaching out to Nawaz Sharif in hopes to find a way to strengthen the country's government, The New York Times reported late Friday. Citing unnamed administration officials, the newspaper said on i
Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
US has full confidence in Pakistani civilian government: Holbrooke

US has full confidence in Pakistani civilian government: Holbrooke

US presidential envoy Richard Holbrooke on Friday voiced the Obama administration's full confidence in the ability of the democratic Pakistan government to deliver services for its people and rubbish media reports, implying that Washington might be concer
Published 03 May, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
US has full confidence in Pakistani civilian government: Holbrooke

US has full confidence in Pakistani civilian government: Holbrooke

US presidential envoy Richard Holbrooke on Friday voiced the Obama administration's full confidence in the ability of the democratic Pakistan government to deliver services for its people and rubbish media reports, implying that Washington might be concer
Published 03 May, 2009 12:00am
Obama to host Pak-Afghan summit on May 6

Obama to host Pak-Afghan summit on May 6

US President Barack Obama will host a summit with his Afghan and Pakistani counterparts on Wednesday, the White House said, amid growing US concern over the deteriorating situation in the region. Afghan President Hamid Karzai and Pakistani President Asif
Published 03 May, 2009 12:00am
Fiat boss expected to discuss Opel bid with German ministers

Fiat boss expected to discuss Opel bid with German ministers

Fiat boss Sergio Marchionne is to have talks with top German ministers in Berlin Monday amid reports of a bid for Opel after taking a stake in US auto company Chrysler, the government said Saturday. Marchionne will be meeting Economy Minister Karl-Theodor
Published 03 May, 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 (May 02, 2009).

Published 03 May, 2009 12:00am
'Don't tamper with regional Fed banks'

'Don't tamper with regional Fed banks'

A possible US congressional probe into the appropriate number of regional Federal Reserve banks will hurt monetary policy if it leads to changes in the central bank's structure, a top Fed official said on Friday. Thomas Hoenig, president of the Federal Re
Published 03 May, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
China's Shougang to open new steel mill

China's Shougang to open new steel mill

China's Shougang Group will open its new steel mill on the northern Chinese coast this month that will make 4.85 million tonnes a year, the official Xinhua news agency reported on Saturday. Trial production will start on May 20 at the new mill in Caofeidi
Published 03 May, 2009 12:00am
Obama reaches out to Nawaz: The New York Times report

Obama reaches out to Nawaz: The New York Times report

The administration of US President Barack Obama is reaching out to Nawaz Sharif in hopes to find a way to strengthen the country's government, The New York Times reported late Friday. Citing unnamed administration officials, the newspaper said on i
Published 03 May, 2009 12:00am
Sugar prices surge by Rs 120 per 100kg

Sugar prices surge by Rs 120 per 100kg

Sugar prices in the local wholesale market witnessed an increase of Rs 120 per 100 kilogram bag on Saturday as it reached to Rs 4,400 from Rs 4,280 per 100kg bag. Traders in the Akbari Mandi told Business Recorder that the prices had increased due
Published 03 May, 2009 12:00am
Sugar prices surge by Rs 120 per 100kg

Sugar prices surge by Rs 120 per 100kg

Sugar prices in the local wholesale market witnessed an increase of Rs 120 per 100 kilogram bag on Saturday as it reached to Rs 4,400 from Rs 4,280 per 100kg bag. Traders in the Akbari Mandi told Business Recorder that the prices had increased due
Published 03 May, 2009 12:00am
Sugar prices surge by Rs 120 per 100kg

Sugar prices surge by Rs 120 per 100kg

Sugar prices in the local wholesale market witnessed an increase of Rs 120 per 100 kilogram bag on Saturday as it reached to Rs 4,400 from Rs 4,280 per 100kg bag. Traders in the Akbari Mandi told Business Recorder that the prices had increased due
Published 03 May, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 02, 2009).

Published 03 May, 2009 12:00am
Sindh may not unveil budget 2009-10 in time

Sindh may not unveil budget 2009-10 in time

The PPP led Sindh government is not likely to unveil the fiscal budget for 2009-10 on time due to negligence and ill-planning of the concerned officials, Business Recorder learnt Saturday. According to official sources in the Finance Department, th
Published 03 May, 2009 12:00am
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