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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-08-20
Pakistan's stability faces new hurdle: 20 million displaced

Pakistan's stability faces new hurdle: 20 million displaced

As Pakistan continues to battle ravaging floods and struggles for relief funds from foreign donors, it is also in a fight for the hearts and minds of its citizens. Never a place of rock-solid political stability, the recent uprooting of 20 million civilia
Published 20 Aug, 2010 12:00am
Efforts to provide medical aid to flood victims intensified

Efforts to provide medical aid to flood victims intensified

In the wake of situation arising out due to floods, Secretary Health Punjab has restrained the health authorities across the province from allowing any kind of leave to their subordinate staff, including doctors and para-medical staff.
Published 20 Aug, 2010 12:00am
Relief activities continue

Relief activities continue

Flood relief camps on behalf of various political parties, NGOs and traders organisations remained active on Thursday amidst rains for onward supply to the flood affected people across the country. The floods have caused huge devastation throughout the co
Published 20 Aug, 2010 12:00am
FWBL donates Rs five million to Prime Minister's fund

FWBL donates Rs five million to Prime Minister's fund

First Women Bank Ltd (FWBL) donated Rs 5 million to Prime Minister's flood relief fund. Shafqat Sultana President FWBL presented a cheque to the Prime Minister Syed Yousuf Raza Gilani.
Published 20 Aug, 2010 12:00am
Unilever commits one million euros

Unilever commits one million euros

Unilever has committed 1 million euros ($1.28 million, Rs 113 million) towards flood relief and rehabilitation in Pakistan. It will be channelled through five leading NGOs - World Food Programme, Unicef, Oxfam, Save the Children Fund and Population Servic
Published 20 Aug, 2010 12:00am
Uzbekistan donates 40 tons of relief goods

Uzbekistan donates 40 tons of relief goods

Uzbekistan will give 40 tons of relief goods to Pakistan government for the flood victims. The aid will be delivered by Uzbek transport aircraft, containing tents (for 12 persons), blankets, drinking water, medicines, flour, rice, canned baby food, adults
Published 20 Aug, 2010 12:00am
Fresh flood submerges Jaffarabad

Fresh flood submerges Jaffarabad

After a wide breach in Tori embankment along Indus River and breaches at three points in Begari canal has caused entrance of fresh flood of 80,000 cusecs into district Jaffarabad, inundating it by 10 to 12 feet. On Thursday, hundreds of thousands of peopl
Published 20 Aug, 2010 12:00am
LPG marketing companies announce ex-plant prices

LPG marketing companies announce ex-plant prices

Lub Gas (Private) Limited and Mehran LPG (Private) Limited has announced that Ex-Plant LPG price in Punjab is Rs 77.12 per kg, while in Khyber Pakhtoonkwah/ Fata/AJK is Rs 77.12 per kg and in Sindh price of LPG is Rs 71.19 per kg.
Published 20 Aug, 2010 12:00am
Blast in Bannu injures 12 people

Blast in Bannu injures 12 people

A powerful blast ripped through Preety Gate area on Thursday injuring 12 people, four of them critically. The blast occurred at 9:30 am in the morning when an unidentified man left a shopping bag at Preety Gate, which blew off with a big bang and wounded
Published 20 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (August 19, 2010) and the forecast for Friday (August 20, 2010).

Published 20 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 19, 2010).

Published 20 Aug, 2010 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 20 Aug, 2010 12:00am
Erra completes 6,000 projects in quake-hit areas

Erra completes 6,000 projects in quake-hit areas

Earthquake Rehabilitation and Reconstruction Authority (Erra) has completed 6,000 projects in areas afffected by earthquake in 2005 Talking to newsmen here on Thursday, Erra spokesman Shazia Haris said that Erra rural housing project short-listed as the w
Published 20 Aug, 2010 12:00am
Port Security Force: Is it safe while off duty?

Port Security Force: Is it safe while off duty?

It is no more easy and safe for the mariners and Port Security Force (PSF) to perform duty at the Karachi Port. It, indeed, was not so dangerous for a Keamari based port security personnel to discharge his duty fearlessly at the country's largest seaport
Published 20 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Aug, 2010 12:00am
Registered persons may file refund claim through FBR Web-Portal

Registered persons may file refund claim through FBR Web-Portal

The Federal Board of Revenue (FBR) has given an option to all registered persons, including manufacturer-cum-exporters and commercial exporters to file refund claim through the FBR Web-Portal. Previously, the facility for obtaining sales tax refund under
Published 20 Aug, 2010 12:00am
China's current account surplus surges

China's current account surplus surges

China's current account surplus surged by 30 percent in the second quarter of 2010 from the same period last year, official data showed Thursday, amid strong demand for Chinese-made goods. The current account surplus - the broadest measure of trade with t
Published 20 Aug, 2010 12:00am
Switzerland posts record trade surplus in July

Switzerland posts record trade surplus in July

Switzerland posted a record trade surplus in July and although the pace of export growth slowed, the economy is expected to maintain momentum in the third quarter. Exports from Switzerland rose 2.2 percent in real terms in July to 16.776 billion Swiss fra
Published 20 Aug, 2010 12:00am
Bangladesh central bank raises rates

Bangladesh central bank raises rates

Bangladesh's central bank raised its key interest rates by 1 percentage point on Thursday in a bid to rein in inflation, bank officials said. The bank said it raised the repo rate, which it uses to inject money into the banking system, to 5.5 percent, and
Published 20 Aug, 2010 12:00am
E-commerce sales in China surge

E-commerce sales in China surge

Internet sales in China, the world's biggest web market, soared 60 percent on year in the first half, as more consumers and businesses went shopping online, state media said Wednesday. Transactions hit 2.25 trillion yuan (331 billion dollars) in the Janua
Published 20 Aug, 2010 12:00am
China Mobile replaces CEO; Vodafone free to sell stake

China Mobile replaces CEO; Vodafone free to sell stake

China Mobile is banking on a leadership change and value-added services to reignite its growth over the long term, even as the potential sale of a $7.2 billion stake in the company held by Vodafone becomes a new short-term overhang. Vodafone owns about 3
Published 20 Aug, 2010 12:00am
Taiwan's economy up 12.53 percent

Taiwan's economy up 12.53 percent

Taiwan said Thursday its economy grew a higher-than-expected 12.53 percent year on year in the second quarter of 2010, confirming the export-dependent island's recovery from the global downturn. The figure compares with a predicted year on year growth fig
Published 20 Aug, 2010 12:00am
Intel to buy McAfee for $7.68 billion

Intel to buy McAfee for $7.68 billion

Intel Corp said it would buy security software maker McAfee Inc for $7.7 billion to capitalise on rising demand for better safeguards for laptops, smartphones and tablets. Intel will pay $48 per share in cash for McAfee in its biggest acquisition ever. Th
Published 20 Aug, 2010 12:00am
Sharp decline in cotton prices

Sharp decline in cotton prices

In a major correctional initiative, cotton prices fell precipitously on the ready market on Thursday ranging from Rs 300 to Rs 600 per maund (37.32 Kgs). Sindh prices conceded between Rs 100 to Rs 300 per maund while Punjab suffered a decline Rs 300 to Rs
Published 20 Aug, 2010 12:00am
Sharp decline in cotton prices

Sharp decline in cotton prices

In a major correctional initiative, cotton prices fell precipitously on the ready market on Thursday ranging from Rs 300 to Rs 600 per maund (37.32 Kgs). Sindh prices conceded between Rs 100 to Rs 300 per maund while Punjab suffered a decline Rs 300 to Rs
Published 20 Aug, 2010 12:00am
Strong buying saves prices from sharp fall on cotton market

Strong buying saves prices from sharp fall on cotton market

Strong mills' buying saved the prices from sharp fall on the cotton market on Thursday, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 6,700, they said. In the ready business, over 12000 bales of cotton changed h
Published 20 Aug, 2010 12:00am
Oil cake market rates

Oil cake market rates

Rising trend was seen on the forward cottonseed oil cake market on Thursday in the process of trading, dealers said. The July contract that ended at Rs 996.80 opened with a rise of 60 paisa at Rs 997.40, dealers said. The December vaida which closed at Rs
Published 20 Aug, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 92,610 tonnes of cargo including 76,960 tonnes of import cargo, 15,650 tonnes of export cargo, 2,224 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday.
Published 20 Aug, 2010 12:00am
Slow business due to high rates on grain market

Slow business due to high rates on grain market

Lacklustre business was seen on the wholesale grain and seed market on Thursday as most of the commodity items retained overnight levels in process of trading, dealers said. On the rice sector, Irri-6 Sindh was quoted higher at Rs 3000, other types did no
Published 20 Aug, 2010 12:00am
Kirana items mixed on Jodia Bazar

Kirana items mixed on Jodia Bazar

The trading in Kirana items moved both ways on Jodia Bazar here on Thursday. The following changes were noted.
Published 20 Aug, 2010 12:00am
Argentina keeps wheat sowing estimate steady

Argentina keeps wheat sowing estimate steady

Argentina's government kept its estimate for wheat sowing steady in a monthly crop report on Wednesday, holding a forecast for a 22 percent increase in 2010/11 wheat area. Argentina is a leading global wheat exporter, but a recent surge in prices came too
Published 20 Aug, 2010 12:00am
Russia's grain imports to soar in 2010-11

Russia's grain imports to soar in 2010-11

Russia will have to import millions of tonnes of grain for the first time in over 10 years after its worst drought in over a century, analysts said on Thursday, reigniting international wheat prices. Analysts estimate Russia, usually a major grain exporte
Published 20 Aug, 2010 12:00am
US wheat futures higher

US wheat futures higher

US wheat futures ended higher on Wednesday in a technical rebound from a recent string of losses as world crop worries persisted. Fundamental support continued to stem from fears of decimated wheat production in the drought-stricken Black Sea region and p
Published 20 Aug, 2010 12:00am
New York cotton

New York cotton

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

Published 20 Aug, 2010 12:00am
New York cotton

New York cotton

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

Published 20 Aug, 2010 12:00am
Let's do it for Pakistan: UN chief

Let's do it for Pakistan: UN chief

UN chief Ban Ki-moon on Thursday appealed to UN member states to deliver promised aid to help Pakistan recover from unprecedented floods, saying the disaster was a key test of global solidarity. "Make no mistake: this is a global disaster, a global challe
Published 20 Aug, 2010 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 20 Aug, 2010 12:00am
Let's do it for Pakistan: UN chief

Let's do it for Pakistan: UN chief

UN chief Ban Ki-moon on Thursday appealed to UN member states to deliver promised aid to help Pakistan recover from unprecedented floods, saying the disaster was a key test of global solidarity. "Make no mistake: this is a global disaster, a global challe
Published 20 Aug, 2010 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 20 Aug, 2010 12:00am
Oversight body set up

Oversight body set up

Federal Minister for Information & Broadcasting Qamar Zaman Kaira said on Thursday that National Oversight Disaster Management Commission (NODMC) has been set up to ensure transparency and judicious distribution of assistance to the flood affected people.
Published 20 Aug, 2010 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 Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
Oversight body set up

Oversight body set up

Federal Minister for Information & Broadcasting Qamar Zaman Kaira said on Thursday that National Oversight Disaster Management Commission (NODMC) has been set up to ensure transparency and judicious distribution of assistance to the flood affected people.
Published 20 Aug, 2010 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 Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
World must act on Pakistan or risk militant rise: Kerry

World must act on Pakistan or risk militant rise: Kerry

The world must act quickly to stop militants exploiting Pakistan's devastating floods to cause social unrest, the country's president and a senior US senator said Thursday. In a joint news conference with President Asif Ali Zardari, John Kerry said the in
Published 20 Aug, 2010 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 Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
World must act on Pakistan or risk militant rise: Kerry

World must act on Pakistan or risk militant rise: Kerry

The world must act quickly to stop militants exploiting Pakistan's devastating floods to cause social unrest, the country's president and a senior US senator said Thursday. In a joint news conference with President Asif Ali Zardari, John Kerry said the in
Published 20 Aug, 2010 12:00am
Bullish trend

Bullish trend

Positive trend continued at the local bourse on Thursday and the benchmark KSE-100 index increased by 142.61 points to close at the level of 9,847.61 points on the back of foreign investors and local institutions support. After positive opening, the index
Published 20 Aug, 2010 12:00am
Bullish trend

Bullish trend

Positive trend continued at the local bourse on Thursday and the benchmark KSE-100 index increased by 142.61 points to close at the level of 9,847.61 points on the back of foreign investors and local institutions support. After positive opening, the index
Published 20 Aug, 2010 12:00am
Bullish trend

Bullish trend

Positive trend continued at the local bourse on Thursday and the benchmark KSE-100 index increased by 142.61 points to close at the level of 9,847.61 points on the back of foreign investors and local institutions support. After positive opening, the index
Published 20 Aug, 2010 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 Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
BRIndex30 up 154.92 points

BRIndex30 up 154.92 points

On Thursday, BRIndex30 opened at 7,569.53 and remained positive with an upward trend except for an initial short dip in the negative. It touched an intraday high of 7,735.18 and an intraday low of 7,566.31 and closed at 7,724.45, which is 154.92 points or
Published 20 Aug, 2010 12:00am
BRIndex30 up 154.92 points

BRIndex30 up 154.92 points

On Thursday, BRIndex30 opened at 7,569.53 and remained positive with an upward trend except for an initial short dip in the negative. It touched an intraday high of 7,735.18 and an intraday low of 7,566.31 and closed at 7,724.45, which is 154.92 points or
Published 20 Aug, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (August 19, 2010).
Published 20 Aug, 2010 12:00am
12 killed in Karachi violence after assassination of ANP leader

12 killed in Karachi violence after assassination of ANP leader

Twelve people were killed and 14 vehicles set on fire in various parts of Karachi after the killing of ANP leader on Thursday. The acts of violence led to the closure of business centres and markets in many parts of the city. Armed miscreants also forcibl
Published 20 Aug, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
12 killed in Karachi violence after assassination of ANP leader

12 killed in Karachi violence after assassination of ANP leader

Twelve people were killed and 14 vehicles set on fire in various parts of Karachi after the killing of ANP leader on Thursday. The acts of violence led to the closure of business centres and markets in many parts of the city. Armed miscreants also forcibl
Published 20 Aug, 2010 12:00am
Consensus reached on RGST implementation: Kaira

Consensus reached on RGST implementation: Kaira

A high-level meeting presided over by Prime Minister Syed Yousuf Raza Gilani on Thursday decided to go ahead with the implementation of Reformed General Sales Tax (RGST) from October 1, 2010.
Published 20 Aug, 2010 12:00am
Consensus reached on RGST implementation: Kaira

Consensus reached on RGST implementation: Kaira

A high-level meeting presided over by Prime Minister Syed Yousuf Raza Gilani on Thursday decided to go ahead with the implementation of Reformed General Sales Tax (RGST) from October 1, 2010.
Published 20 Aug, 2010 12:00am
Consensus reached on RGST implementation: Kaira

Consensus reached on RGST implementation: Kaira

A high-level meeting presided over by Prime Minister Syed Yousuf Raza Gilani on Thursday decided to go ahead with the implementation of Reformed General Sales Tax (RGST) from October 1, 2010.
Published 20 Aug, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
First flood wave enters Kotri barrage

First flood wave enters Kotri barrage

After playing havoc in the upper Sindh, the first flood wave in river Indus has reached Kotri barrage and the river has attained high flood level in lower Sindh, Flood Forecasting Division said here Thursday evening. It said according to prevailing hydrol
Published 20 Aug, 2010 12:00am
First flood wave enters Kotri barrage

First flood wave enters Kotri barrage

After playing havoc in the upper Sindh, the first flood wave in river Indus has reached Kotri barrage and the river has attained high flood level in lower Sindh, Flood Forecasting Division said here Thursday evening. It said according to prevailing hydrol
Published 20 Aug, 2010 12:00am
First flood wave enters Kotri barrage

First flood wave enters Kotri barrage

After playing havoc in the upper Sindh, the first flood wave in river Indus has reached Kotri barrage and the river has attained high flood level in lower Sindh, Flood Forecasting Division said here Thursday evening. It said according to prevailing hydrol
Published 20 Aug, 2010 12:00am
LSE index gains 65.74 points

LSE index gains 65.74 points

Equities on Thursday maintained upward slide on the Lahore Stock Exchange (LSE) and appreciated their values on account of investors' interest in oil, banking and cement sector shares. The LSE-25 index further increased to 3114.64 against 3048.90 of Wedne
Published 20 Aug, 2010 12:00am
LSE index gains 65.74 points

LSE index gains 65.74 points

Equities on Thursday maintained upward slide on the Lahore Stock Exchange (LSE) and appreciated their values on account of investors' interest in oil, banking and cement sector shares. The LSE-25 index further increased to 3114.64 against 3048.90 of Wedne
Published 20 Aug, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 41.23 points, as the Index moved from 2,467.21 to 2,508.
Published 20 Aug, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 41.23 points, as the Index moved from 2,467.21 to 2,508.
Published 20 Aug, 2010 12:00am
Former NASA official pleads guilty in contracts case

Former NASA official pleads guilty in contracts case

NASA's former chief of staff pleaded guilty Wednesday to a federal conspiracy charge stemming from a $600,000 contract awarded by the space agency to Mississippi State University, a client of his consulting firm. Courtney Stadd, NASA's chief of staff and
Published 20 Aug, 2010 12:00am
Over 200 million eggs recalled in US salmonella scare

Over 200 million eggs recalled in US salmonella scare

A US egg producer has recalled more than 200 million chicken eggs apparently contaminated with salmonella bacteria after hundreds of reported cases of illness, the FDA reported Wednesday. The eggs were produced by Wright County Egg in Galt, Iowa, and sold
Published 20 Aug, 2010 12:00am
Obama orders establishment of Pakistan, Afghanistan support office

Obama orders establishment of Pakistan, Afghanistan support office

President Barack Obama has ordered establishment of a new temporary office which will support the American executive departments and agencies in strengthening the governments of Afghanistan, Pakistan and enhancing their capacity to resist extremists.
Published 20 Aug, 2010 12:00am
Obama orders establishment of Pakistan, Afghanistan support office

Obama orders establishment of Pakistan, Afghanistan support office

President Barack Obama has ordered establishment of a new temporary office which will support the American executive departments and agencies in strengthening the governments of Afghanistan, Pakistan and enhancing their capacity to resist extremists.
Published 20 Aug, 2010 12:00am
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