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Feb 07, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-10-17
CCP report on sugar crisis: Provinces, Centre held responsible

CCP report on sugar crisis: Provinces, Centre held responsible

The Competition Commission of Pakistan (CCP) has held the federal and provincial governments responsible for the sugar crisis due to mismanagement in handling longstanding issues with the millers, and ruled out that price hike was the major cause of the c
Published 17 Oct, 2009 12:00am
Afghan war debate endangers US troops: veterans

Afghan war debate endangers US troops: veterans

US veterans criticised President Barack Obama's lengthy review of Afghan war strategy, saying on Thursday the drawn-out debate in Washington was a direct threat to troops and the nation's defence. The head of Veterans of Foreign Wars, a group representing
Published 17 Oct, 2009 12:00am
WTO chief sees frustration from slow Doha Round pace

WTO chief sees frustration from slow Doha Round pace

Doha Round talks are moving so slowly that it will be difficult to wrap up the global accord next year as G20 nations have pushed for, the head of the World Trade Organisation said on Friday. "The reality is that at the pace at which these negotiations ar
Published 17 Oct, 2009 12:00am
Army attacks militants in South Waziristan

Army attacks militants in South Waziristan

Forces attacked the Taliban in their South Waziristan stronghold with aircraft and artillery on Friday a day after militants launched multiple attacks killing more than 30 people. The government says a ground offensive against the Pakistani Taliban in the
Published 17 Oct, 2009 12:00am
Cotton testing fee to be increased

Cotton testing fee to be increased

Ministry of Textile and Industry has decided to increase the fee of cotton samples of the Cotton Testing Laboratories run by Pakistan Cotton Standard Institutes. According to the sources, earlier the fee was raised from Rs 50 to Rs 230 per sample in Novem
Published 17 Oct, 2009 12:00am
Bomb kills four US soldiers in Afghanistan

Bomb kills four US soldiers in Afghanistan

Nato said Friday a roadside bomb had killed four US soldiers in Afghanistan, as pressure mounted for President Barack Obama to order thousands more soldiers into an escalating eight-year war. "Two US service members were killed and two died of wounds sust
Published 17 Oct, 2009 12:00am
Bomb kills four US soldiers in Afghanistan

Bomb kills four US soldiers in Afghanistan

Nato said Friday a roadside bomb had killed four US soldiers in Afghanistan, as pressure mounted for President Barack Obama to order thousands more soldiers into an escalating eight-year war. "Two US service members were killed and two died of wounds sust
Published 17 Oct, 2009 12:00am
KBP to hold farmers' conventions from today

KBP to hold farmers' conventions from today

Kisan Board Pakistan (KBP) has announced to hold 'farmers convention' at divisional level throughout the province from October 17 to discuss the problems being faced by the paddy growers and also to review its own organisational matters. The first divisio
Published 17 Oct, 2009 12:00am
'No better option yet than Guantanamo'

'No better option yet than Guantanamo'

A better solution to dealing with prisoners currently held at the US detention center at Guantanamo Bay on Cuba has yet to be found, making closing it a difficult task, a former senior British commander said Friday. "Guantanamo Bay is far from a perfect r
Published 17 Oct, 2009 12:00am
Load shedding: ginners threaten indefinite strike

Load shedding: ginners threaten indefinite strike

More than 80 ginning factories of the district have threatened to go on infinite strike against the unannounced and long duration load shedding. Vice Chairman Pakistan Cotton Ginners Association (PCGA) and other office bearers said in a press conference t
Published 17 Oct, 2009 12:00am
Rocket attack kills three soldiers

Rocket attack kills three soldiers

Suspected Taliban militants launched a rocket attack killing three soldiers and wounding four at a military camp in a remote tribal area on Friday, officials said. Militants targeted the Landi Noor army camp in Shakai area of South Waziristan, a Taliban a
Published 17 Oct, 2009 12:00am
Rocket attack kills three soldiers

Rocket attack kills three soldiers

Suspected Taliban militants launched a rocket attack killing three soldiers and wounding four at a military camp in a remote tribal area on Friday, officials said. Militants targeted the Landi Noor army camp in Shakai area of South Waziristan, a Taliban a
Published 17 Oct, 2009 12:00am
PSM losses: Supreme Court asks former Chairman to explain his position

PSM losses: Supreme Court asks former Chairman to explain his position

The Supreme Court on Friday provided an opportunity to former Chairman of Pakistan Steel Mills (PSM) to explain his position with respect to Rs 22 billion loss incurred by the mill during 2008-09. "This is for the first time I am being given opportunity,"
Published 17 Oct, 2009 12:00am
PSM losses: Supreme Court asks former Chairman to explain his position

PSM losses: Supreme Court asks former Chairman to explain his position

The Supreme Court on Friday provided an opportunity to former Chairman of Pakistan Steel Mills (PSM) to explain his position with respect to Rs 22 billion loss incurred by the mill during 2008-09. "This is for the first time I am being given opportunity,"
Published 17 Oct, 2009 12:00am
PSM losses: Supreme Court asks former Chairman to explain his position

PSM losses: Supreme Court asks former Chairman to explain his position

The Supreme Court on Friday provided an opportunity to former Chairman of Pakistan Steel Mills (PSM) to explain his position with respect to Rs 22 billion loss incurred by the mill during 2008-09. "This is for the first time I am being given opportunity,"
Published 17 Oct, 2009 12:00am
North Korea agrees on exchange of cultural delegation

North Korea agrees on exchange of cultural delegation

A 3-member cultural delegation of Democratic Peoples Republic of Korea called Sindh Minister for Culture and Tourism Sassui Palejo and showed keen interest in Sindh's cultural and tourism places. During talks, the delegation agreed on exchange of delegati
Published 17 Oct, 2009 12:00am
Canada condemns terror attacks

Canada condemns terror attacks

Canadian Minister for Foreign Affairs, Lawrence Cannon, has condemned the recent spate of bombings in Pakistan. "Canada strongly condemns these attacks, we extend our deepest sympathies to the families and friends of those who were killed, and wish a spee
Published 17 Oct, 2009 12:00am
Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Reiterating its earlier decision of selling sugar at Rs 40 per kg across the country, the Supreme Court on Friday warned provincial governments of contempt proceedings if they failed to implement the order in letter and spirit. However, the court held tha
Published 17 Oct, 2009 12:00am
Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Reiterating its earlier decision of selling sugar at Rs 40 per kg across the country, the Supreme Court on Friday warned provincial governments of contempt proceedings if they failed to implement the order in letter and spirit. However, the court held tha
Published 17 Oct, 2009 12:00am
Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Sugar at Rs 40 per kg: Supreme Court warns provinces of contempt action

Reiterating its earlier decision of selling sugar at Rs 40 per kg across the country, the Supreme Court on Friday warned provincial governments of contempt proceedings if they failed to implement the order in letter and spirit. However, the court held tha
Published 17 Oct, 2009 12:00am
CCP report on sugar crisis: Provinces, Centre held responsible

CCP report on sugar crisis: Provinces, Centre held responsible

The Competition Commission of Pakistan (CCP) has held the federal and provincial governments responsible for the sugar crisis due to mismanagement in handling longstanding issues with the millers, and ruled out that price hike was the major cause of the c
Published 17 Oct, 2009 12:00am
SBP Quarterly Performance Review: banking system showing resilience

SBP Quarterly Performance Review: banking system showing resilience

Pakistan's banking industry continued to show resilience against major risk factors through improved solvency position, according to the State Bank of Pakistan's Quarterly Performance Review of the Banking System for the quarter ended June 2009.
Published 17 Oct, 2009 12:00am
SBP Quarterly Performance Review: banking system showing resilience

SBP Quarterly Performance Review: banking system showing resilience

Pakistan's banking industry continued to show resilience against major risk factors through improved solvency position, according to the State Bank of Pakistan's Quarterly Performance Review of the Banking System for the quarter ended June 2009.
Published 17 Oct, 2009 12:00am
SBP Quarterly Performance Review: banking system showing resilience

SBP Quarterly Performance Review: banking system showing resilience

Pakistan''s banking industry continued to show resilience against major risk factors through improved solvency position, according to the State Bank of Pakistan''s Quarterly Performance Review of the Banking System for the quarter ended June 2009.
Published 17 Oct, 2009 12:00am
SBP Quarterly Performance Review: banking system showing resilience

SBP Quarterly Performance Review: banking system showing resilience

Pakistan''''s banking industry continued to show resilience against major risk factors through improved solvency position, according to the State Bank of Pakistan''''s Quarterly Performance Review of the Banking System for the quarter ended June 2009.
Published 17 Oct, 2009 12:00am
100,000 tons of imported wheat: TCP asked to cancel tender for sale

100,000 tons of imported wheat: TCP asked to cancel tender for sale

The Commerce Minister, Makhdum Amin Fahim, has reportedly instructed the Trading Corporation of Pakistan, to cancel the sale tender of 100,000 tons of imported wheat in the local market, reliable sources told Business Recorder here on Friday.
Published 17 Oct, 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 17 Oct, 2009 12:00am
100,000 tons of imported wheat: TCP asked to cancel tender for sale

100,000 tons of imported wheat: TCP asked to cancel tender for sale

The Commerce Minister, Makhdum Amin Fahim, has reportedly instructed the Trading Corporation of Pakistan, to cancel the sale tender of 100,000 tons of imported wheat in the local market, reliable sources told Business Recorder here on Friday.
Published 17 Oct, 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 17 Oct, 2009 12:00am
100,000 tons of imported wheat: TCP asked to cancel tender for sale

100,000 tons of imported wheat: TCP asked to cancel tender for sale

The Commerce Minister, Makhdum Amin Fahim, has reportedly instructed the Trading Corporation of Pakistan, to cancel the sale tender of 100,000 tons of imported wheat in the local market, reliable sources told Business Recorder here on Friday.
Published 17 Oct, 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 Friday (October 16, 2009).

Published 17 Oct, 2009 12:00am
Refineries want to hedge crude oil price, foreign exchange cover

Refineries want to hedge crude oil price, foreign exchange cover

Oil refineries have sought permission from the government to hedge crude oil price and foreign exchange cover (dollar) to defuse the impact of fluctuations in the oil price as well as depreciation of the rupee against the dollar in future.
Published 17 Oct, 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 Friday (October 16, 2009).

Published 17 Oct, 2009 12:00am
Refineries want to hedge crude oil price, foreign exchange cover

Refineries want to hedge crude oil price, foreign exchange cover

Oil refineries have sought permission from the government to hedge crude oil price and foreign exchange cover (dollar) to defuse the impact of fluctuations in the oil price as well as depreciation of the rupee against the dollar in future.
Published 17 Oct, 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 Friday (October 16, 2009).

Published 17 Oct, 2009 12:00am
Refineries want to hedge crude oil price, foreign exchange cover

Refineries want to hedge crude oil price, foreign exchange cover

Oil refineries have sought permission from the government to hedge crude oil price and foreign exchange cover (dollar) to defuse the impact of fluctuations in the oil price as well as depreciation of the rupee against the dollar in future.
Published 17 Oct, 2009 12:00am
KSE index loses 7.62 points

KSE index loses 7.62 points

The KSE-100 index on Friday lost 7.62 points to close at 9,838.12 points due to profit taking opted by the investors in late hours on concerns over the terrorists' attacks in different cities of the country. The market witnessed a strong positive opening
Published 17 Oct, 2009 12:00am
KSE index loses 7.62 points

KSE index loses 7.62 points

The KSE-100 index on Friday lost 7.62 points to close at 9,838.12 points due to profit taking opted by the investors in late hours on concerns over the terrorists' attacks in different cities of the country. The market witnessed a strong positive opening
Published 17 Oct, 2009 12:00am
CCP report on sugar crisis: Provinces, Centre held responsible

CCP report on sugar crisis: Provinces, Centre held responsible

The Competition Commission of Pakistan (CCP) has held the federal and provincial governments responsible for the sugar crisis due to mismanagement in handling longstanding issues with the millers, and ruled out that price hike was the major cause of the c
Published 17 Oct, 2009 12:00am
Advance tax payments: FBR closely monitoring major contributors

Advance tax payments: FBR closely monitoring major contributors

The Federal Board of Revenue (FBR) is strictly monitoring the major contributors of advance tax payments including petroleum companies and banking sector to meet the annual target of Rs 1400 billion during 2009-10. Sources told Business Recorder he
Published 17 Oct, 2009 12:00am
Advance tax payments: FBR closely monitoring major contributors

Advance tax payments: FBR closely monitoring major contributors

The Federal Board of Revenue (FBR) is strictly monitoring the major contributors of advance tax payments including petroleum companies and banking sector to meet the annual target of Rs 1400 billion during 2009-10. Sources told Business Recorder he
Published 17 Oct, 2009 12:00am
Advance tax payments: FBR closely monitoring major contributors

Advance tax payments: FBR closely monitoring major contributors

The Federal Board of Revenue (FBR) is strictly monitoring the major contributors of advance tax payments including petroleum companies and banking sector to meet the annual target of Rs 1400 billion during 2009-10. Sources told Business Recorder he
Published 17 Oct, 2009 12:00am
NRO tabled in National Assembly amid protest

NRO tabled in National Assembly amid protest

The government tabled National Reconciliation Ordinance (NRO) in National Assembly on Friday amid protest and slogans of 'shame shame'. The session was abruptly prorogued sine die in what seems to be a deliberate move to avoid debate and criticism by the
Published 17 Oct, 2009 12:00am
NRO tabled in National Assembly amid protest

NRO tabled in National Assembly amid protest

The government tabled National Reconciliation Ordinance (NRO) in National Assembly on Friday amid protest and slogans of 'shame shame'. The session was abruptly prorogued sine die in what seems to be a deliberate move to avoid debate and criticism by the
Published 17 Oct, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 16, 2009).
Published 17 Oct, 2009 12:00am
KSE index loses 7.62 points

KSE index loses 7.62 points

The KSE-100 index on Friday lost 7.62 points to close at 9,838.12 points due to profit taking opted by the investors in late hours on concerns over the terrorists'' attacks in different cities of the country. The market witnessed a strong positive opening
Published 17 Oct, 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 Friday (October 16, 2009).

Published 17 Oct, 2009 12:00am
BRIndex30 gains 12.85 points

BRIndex30 gains 12.85 points

On Friday, the BRIndex30 opened at 8,501.56 and closed at 8,514.41 points, with a net positive change of 12.85 points and percentage change of 0.15. It experienced intra-day high of 8,645.61 and low of 8,497.86 points. The volume amounted to 182,857,478 s
Published 17 Oct, 2009 12:00am
BRIndex30 gains 12.85 points

BRIndex30 gains 12.85 points

On Friday, the BRIndex30 opened at 8,501.56 and closed at 8,514.41 points, with a net positive change of 12.85 points and percentage change of 0.15. It experienced intra-day high of 8,645.61 and low of 8,497.86 points. The volume amounted to 182,857,478 s
Published 17 Oct, 2009 12:00am
Parliamentarians meet Prime Minister

Parliamentarians meet Prime Minister

Prime Minister, Syed Yusuf Raza Gilani on Friday met with a group of parliamentarians in the Parliament House and discussed with them matters relating to their constituencies. They also discussed with the Prime Minister, the status of ongoing development
Published 17 Oct, 2009 12:00am
Prime Minister's Inspection Commission: Afzal posted as senior member

Prime Minister's Inspection Commission: Afzal posted as senior member

Member Federal Board of Revenue (FBR), Afzal Naubahar Kayani (ITG-BS-21) has been transferred and posted as senior member, Prime Minister's Inspection Commission. Kayani has been relieved of his duties with immediate effect said Establishment Division's n
Published 17 Oct, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 16, 2009).

Published 17 Oct, 2009 12:00am
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