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Mar 19, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-01-21
Algerian Foreign Minister presents $2 million cheque

Algerian Foreign Minister presents $2 million cheque

Ambassador of Algeria Dr Ahmed Benflis on Thursday called on Foreign Minister Shah Mehmood Qureshi and presented him a cheque of two million dollars for the flood affected people. Foreign Minister Qureshi thanked his Algerian counterpart for the assistanc
Published 21 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
Pakistan's foreign exchange reserves jump to $17.281 billion

Pakistan's foreign exchange reserves jump to $17.281 billion

The country's total liquid foreign reserves reached at ever-highest level of $17.281 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan (SBP) the country's total liquid foreign reserves have posted
Published 21 Jan, 2011 12:00am
Pakistan's foreign exchange reserves jump to $17.281 billion

Pakistan's foreign exchange reserves jump to $17.281 billion

The country's total liquid foreign reserves reached at ever-highest level of $17.281 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan (SBP) the country's total liquid foreign reserves have posted
Published 21 Jan, 2011 12:00am
Pakistan''s foreign exchange reserves jump to $17.281 billion

Pakistan''s foreign exchange reserves jump to $17.281 billion

The country''s total liquid foreign reserves reached at ever-highest level of $17.281 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan (SBP) the country''s total liquid foreign reserves have post
Published 21 Jan, 2011 12:00am
Oil workers of Hungarian MOL killed in Kohat

Oil workers of Hungarian MOL killed in Kohat

Gunmen attacked employees of a Hungarian oil and gas company returning from work in north-west Pakistan on Thursday, killing two of them and abducting two others. Four soldiers guarding the convoy were also killed, a top official said. All those killed an
Published 21 Jan, 2011 12:00am
Oil workers of Hungarian MOL killed in Kohat

Oil workers of Hungarian MOL killed in Kohat

Gunmen attacked employees of a Hungarian oil and gas company returning from work in north-west Pakistan on Thursday, killing two of them and abducting two others. Four soldiers guarding the convoy were also killed, a top official said. All those killed an
Published 21 Jan, 2011 12:00am
UK bans Tehrik-i-Taliban Pakistan

UK bans Tehrik-i-Taliban Pakistan

The British Government has banned terrorist organisation Tehrik-i-Taliban Pakistan (TTP) which had carried out bombings across Pakistan and was reportedly linked to last year's failed Times Square terrorist attack in New York. The Home Office (interior Mi
Published 21 Jan, 2011 12:00am
UK bans Tehrik-i-Taliban Pakistan

UK bans Tehrik-i-Taliban Pakistan

The British Government has banned terrorist organisation Tehrik-i-Taliban Pakistan (TTP) which had carried out bombings across Pakistan and was reportedly linked to last year's failed Times Square terrorist attack in New York. The Home Office (interior Mi
Published 21 Jan, 2011 12:00am
THE RUPEE: dollar higher in interbank deals

THE RUPEE: dollar higher in interbank deals

As a result of strong demand for dollars by importers the rupee depreciated in relation to the US currency in interbank dealings on the currency market on Thursday, dealers said. The rupee dropped 11 paisa against dollar for buying at 86.79 and shed 10 pa
Published 21 Jan, 2011 12:00am
British minister Warsi attacks 'acceptable' Islamophobia

British minister Warsi attacks 'acceptable' Islamophobia

The first Muslim woman to sit in the British cabinet warned on Thursday that discrimination against Muslims in Britain has become socially acceptable and must be tackled. "It has seeped into our society in a way where it is acceptable around dinner to hav
Published 21 Jan, 2011 12:00am
THE RUPEE: dollar higher in interbank deals

THE RUPEE: dollar higher in interbank deals

As a result of strong demand for dollars by importers the rupee depreciated in relation to the US currency in interbank dealings on the currency market on Thursday, dealers said. The rupee dropped 11 paisa against dollar for buying at 86.79 and shed 10 pa
Published 21 Jan, 2011 12:00am
British minister Warsi attacks 'acceptable' Islamophobia

British minister Warsi attacks 'acceptable' Islamophobia

The first Muslim woman to sit in the British cabinet warned on Thursday that discrimination against Muslims in Britain has become socially acceptable and must be tackled. "It has seeped into our society in a way where it is acceptable around dinner to hav
Published 21 Jan, 2011 12:00am
Monitoring of Afghan cargo: four customs checkposts non-functional

Monitoring of Afghan cargo: four customs checkposts non-functional

The four customs checkposts set up by the Federal Board of Revenue (FBR) at Baburloi, Khairabad, Khur Khera and Baleli for monitoring of Afghan transit cargo are almost non-functional. The FTO report on "ISAF containers scam' revealed that the Customs Dep
Published 21 Jan, 2011 12:00am
Monitoring of Afghan cargo: four customs checkposts non-functional

Monitoring of Afghan cargo: four customs checkposts non-functional

The four customs checkposts set up by the Federal Board of Revenue (FBR) at Baburloi, Khairabad, Khur Khera and Baleli for monitoring of Afghan transit cargo are almost non-functional. The FTO report on "ISAF containers scam' revealed that the Customs Dep
Published 21 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
Monitoring of Afghan cargo: four customs checkposts non-functional

Monitoring of Afghan cargo: four customs checkposts non-functional

The four customs checkposts set up by the Federal Board of Revenue (FBR) at Baburloi, Khairabad, Khur Khera and Baleli for monitoring of Afghan transit cargo are almost non-functional. The FTO report on "ISAF containers scam'' revealed that the Customs De
Published 21 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (January 20, 2011) and for Friday (January 21, 2011).
Published 21 Jan, 2011 12:00am
ZTBL appointments issue: IHC seeks comments from SBP Governor

ZTBL appointments issue: IHC seeks comments from SBP Governor

The Islamabad High Court (IHC) on Thursday sought comments from Governor State Bank of Pakistan, Secretary Establishment, Secretary Finance and President of Zari Taraqiati Bank Limited (ZTBL) over observance of rules and regulations in the appointments ma
Published 21 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Jan, 2011 12:00am
Foreign office contradicts report

Foreign office contradicts report

Foreign Office on Thursday categorically denied a news item published in a section of press about treatment of Taliban leader Mullah Omar in Pakistan. Foreign Office Spokesman Abdul Basit while commenting on the news item that Afghan Taliban leader Mullah
Published 21 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Jan, 2011 12:00am
Hospitalisation of Mullah Omar: Taliban rejects report

Hospitalisation of Mullah Omar: Taliban rejects report

A Taliban spokesman rejected a report Thursday that the group's little-seen one-eyed leader was treated for a heart attack in a Pakistani hospital with the help of that country's spy agency. The report from a private intelligence-gathering company was unf
Published 21 Jan, 2011 12:00am
Wajid Durrani new IGP Islamabad

Wajid Durrani new IGP Islamabad

Wajid Durrani has been appointed new Inspector General Police (IGP) of Islamabad, official sources said. The out-going IGP Syed Kaleem Imam remained Islamabad police chief for more than one-and-a-half year.
Published 21 Jan, 2011 12:00am
Plea to take cognisance of plunder of national exchequer

Plea to take cognisance of plunder of national exchequer

Imtiaz Ali Khuhro, chairman Employees Welfare Action Committee of National Development Finance Corporation (NDFC) on Thursday appealed to the Chief Justice Iftikhar Muhammad Chaudhry to take cognisance of worst ever plunder of national exchequer to the tu
Published 21 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
PCO case: judges blame Musharraf

PCO case: judges blame Musharraf

The superior court judges facing contempt charges for taking oath under the Provisional Constitutional Order (PCO) on Thursday shifted the blame to former President Pervez Musharraf, pleading for initiation of proceedings against him under charges of high
Published 21 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 20, 2011).

Published 21 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (January 20, 2011) and the forecast for Friday (January 21, 2011).

Published 21 Jan, 2011 12:00am
Seminar on teachings of Hazrat Data Ganj Bakhsh

Seminar on teachings of Hazrat Data Ganj Bakhsh

Minister Religious Affairs Auqaf Haji Ihsan-ul-Din Qureshi has said that the extract of Hazrat Data Gunj Bukhsh's teachings is love and he never hated anyone even to his enemy.
Published 21 Jan, 2011 12:00am
Sugar import: Senate panel concerned at ruling out TCP

Sugar import: Senate panel concerned at ruling out TCP

There is a shortage of 840,000 tons of sugar in the country and the government has allowed private sector to import raw sugar without regulatory duty. According to government strategy 2010-11," private sector has been allowed to import raw sugar and withd
Published 21 Jan, 2011 12:00am
PPP, MQM decide to strengthen bilateral ties

PPP, MQM decide to strengthen bilateral ties

Leaders of Pakistan People's Party (PPP), and Muttahida Qaumi Movement (MQM), on Thursday decided to strengthen the relations and reconciliation between them. This was decided in a meeting of the leaders of the two political entities held at Sindh Chief M
Published 21 Jan, 2011 12:00am
LHC summons AGP on January 27

LHC summons AGP on January 27

A full bench of the Lahore High Court (LHC) here on Thursday summoned Attorney General of Pakistan (AGP) on January 27 in some identical petitions filed by 26 members provincial and national assembly challenging their qualification. MPAs and MNAs have rai
Published 21 Jan, 2011 12:00am
Altaf for reinstatement of sacked employees of KESC

Altaf for reinstatement of sacked employees of KESC

Muttahida Qaumi Movement (MQM), Chief Altaf Hussain has called for immediate reinstatement of all the sacked employees of Karachi Electric Supply Company (KESC). Altaf Hussain has said that the administration must restore all the employees to their positi
Published 21 Jan, 2011 12:00am
IGI Investment Bank launches 'Fund Select Portal'

IGI Investment Bank launches 'Fund Select Portal'

IGI Investment Bank Limited has introduced "Fund Select Portal". This is a web based portal facilitating both corporate and retail investors with on-line access to information concerning their investment and the industry.
Published 21 Jan, 2011 12:00am
HBFCL honours outgoing chairman of trade union

HBFCL honours outgoing chairman of trade union

House Building Finance Corporation Limited (HBFCL), the country's oldest housing finance institution, recently held a ceremony to honour Malik Asif Hayat, the outgoing Chairman of the trade union. He was recognised for his invaluable contributions to both
Published 21 Jan, 2011 12:00am
MCB's AMC merges with Arif Habib Investments: accord inked

MCB's AMC merges with Arif Habib Investments: accord inked

MCB Bank, sponsors of MCB Asset Management Company Limited and shareholders of Arif Habib Investments Limited signed the shareholders' agreement on January 19, 2011 for the proposed merger of their asset management companies. The shareholder agreement was
Published 21 Jan, 2011 12:00am
Branchless banking is future of financial sector: Kardar

Branchless banking is future of financial sector: Kardar

Governor State Bank of Pakistan (SBP), Shahid H. Kardar has said branchless banking is future of the country's financial sector as it opens up great opportunities for banks to tap into the un-exploited potential by bringing the unbanked segment of the soc
Published 21 Jan, 2011 12:00am
Branchless banking: UBL to receive support from SBI

Branchless banking: UBL to receive support from SBI

United Bank Limited (UBL) has announced to receive support from ShoreBank International Ltd (SBI) through a $6.9 million grant to SBI from the Bill and Melinda Gates Foundation to scale up the electronic services platform in Pakistan called UBL Omni.
Published 21 Jan, 2011 12:00am
25 cars, 61 motorcycles auctioned

25 cars, 61 motorcycles auctioned

Auction of unclaimed vehicles under the supervision of Civil Judge and Judicial Magistrate, Karachi Central, Ahsan Khan Durrani, nominee of Supreme Court of Pakistan was held on Thursday from 9 am to 5.00 pm. Large number of people representing all walks
Published 21 Jan, 2011 12:00am
ZONG's M9 receives extraordinary response

ZONG's M9 receives extraordinary response

ZONG, received an astounding response to their brand new package "M9". The service gives its subscribers the flexibility to design their own package. M9 is offering wide range of M9 plans allowing its user to pick one of them with as low as 0.90 paisa/min
Published 21 Jan, 2011 12:00am
Amendment in ITO 2001: SRO 09(1)/2011 termed draconian for taxpayers

Amendment in ITO 2001: SRO 09(1)/2011 termed draconian for taxpayers

Income Tax Bar Association (ITBA) on Thursday termed the amendment made in Income Tax Ordinance (ITO), 2001 through S.R.O. 09(1)/2011 as draconian for taxpayers. In a letter to the high-ups in the Federal Board of Revenue (FBR) said the board had made pub
Published 21 Jan, 2011 12:00am
CDC implements Automation of Securities Transfer Mechanism

CDC implements Automation of Securities Transfer Mechanism

Central Depository Company (CDC) in collaboration with NCCPL recently implemented the Automation of Securities Transfer Mechanism in the Central Depository System. This project was initiated in 2008 as a joint effort by CDC and NCCPL, with the objective o
Published 21 Jan, 2011 12:00am
CDC implements Automation of Securities Transfer Mechanism

CDC implements Automation of Securities Transfer Mechanism

Central Depository Company (CDC) in collaboration with NCCPL recently implemented the Automation of Securities Transfer Mechanism in the Central Depository System. This project was initiated in 2008 as a joint effort by CDC and NCCPL, with the objective o
Published 21 Jan, 2011 12:00am
Chinese engineer injured in robbery attempt

Chinese engineer injured in robbery attempt

A Chinese engineer was wounded on Thursday during a robbery attempt in the Boat Basin police precincts. According to police, the armed robbers intercepted the Chinese engineer while on his way in his car (AJY-191) from a local bank after drawing Rs 5 mill
Published 21 Jan, 2011 12:00am
Three alleged targeted killers arrested

Three alleged targeted killers arrested

Law enforcement agencies on Thursday claimed to have arrested three persons, who said to be involved in the targeted killings of Awami National Party (ANP) workers in the limits of Gaddap Town Police station. According to police sources, police and ranger
Published 21 Jan, 2011 12:00am
Names of 89 arrested target killers published

Names of 89 arrested target killers published

The Sindh Police on Thursday publicised the names of 89 arrested target killers involved in 254 targeted killing incidents and other criminal cases during January 1 2010 to 19 January 2011 in the metropolis. According to a list issued by IG Sindh office h
Published 21 Jan, 2011 12:00am
SSGC's 18 inch gas pipeline blown up again

SSGC's 18 inch gas pipeline blown up again

A serious incident of insurgency occurred at 6:00am on Thursday, near Hajano village in the Tangwani area of District Kashmore about 34 kilometers downstream from Sui, South of the Sui gas field, close to the Balochistan and Sindh border. As a result of t
Published 21 Jan, 2011 12:00am
US copper slips

US copper slips

Copper retreated from a fresh record high in London on Wednesday, as profit-taking pressures mounted in response to weak US equities and another large build in London inventories. COMEX copper for March delivery sank 5.80 cents or 1.3 percent to settle at
Published 21 Jan, 2011 12:00am
Precautionary measures fail to check ATTA misuse: FTO

Precautionary measures fail to check ATTA misuse: FTO

The Federal Tax Ombudsman (FTO) has observed that the existing precautionary measures have failed to check organised fraud and manipulation during transit of containers to Afghanistan under the transit trade facility. It is learnt here on Thursday that th
Published 21 Jan, 2011 12:00am
Immunity to those who violate traffic rules

Immunity to those who violate traffic rules

Islamabad residents are routinely subjected to display of bad manners by foreigners often violating traffic rules under the umbrella of diplomatic immunity. The number plates, however, do not indicate whether the driver/owner of the car is a diplomat or n
Published 21 Jan, 2011 12:00am
PSM to come out of losses by the end of December 2011

PSM to come out of losses by the end of December 2011

Pakistan Steel Mill (PSM) would come out from losses till the end of December 2011. Acting Chief Executive Officer of PSM, Imtiaz Ahmed Khan Lodhi told Senate Standing Committee on Industries and Production on Thursday. The Committee met with Senator Moha
Published 21 Jan, 2011 12:00am
LHC disposes of petition against barricades

LHC disposes of petition against barricades

The Lahore High Court (LHC) here on Thursday disposed of a petition challenging blockade of thoroughfare outside Minhajul Quran Institute of Dr Tahirul Qadri as Division Superintendent of Model Town Police informed the court that barricades had been remov
Published 21 Jan, 2011 12:00am
US puts Tehrik-e Taliban Pakistan leader on terrorist blacklist

US puts Tehrik-e Taliban Pakistan leader on terrorist blacklist

The United States (US) on Thursday placed Tehrik-e Taliban Pakistan (TTP) leader Qari Hussain on a terrorism blacklist, with the State Department saying the action against the militant leader is "in response to the wanton acts of violence he has perpetrat
Published 21 Jan, 2011 12:00am
Royal air force chief visits Air headquarters

Royal air force chief visits Air headquarters

Chief of the Air Staff, Royal Air Force Air Chief Marshal Sir Stephen Dalton along with delegation visited Air Headquarters on Thursday. On his arrival at Air Headquarters, Chief of the Air Staff Pakistan Air Force Air Chief Marshal Rao Qamar Suleman rece
Published 21 Jan, 2011 12:00am
New York cotton ends near one-month top

New York cotton ends near one-month top

US cotton futures, bucking a commodity-wide selling spree, closed the daily limit up on Thursday on suspected mill and options-related fund buying in the market, dealers said. The key March cotton contract on ICE Futures US climbed the 4.00 cents limit to
Published 21 Jan, 2011 12:00am
Banks keep commodities risk low

Banks keep commodities risk low

Wall Street banks are not taking the kind of big risks they did in commodities just a few years back, even after one of the biggest commodities rallies in two straight quarters since the 1970s. Oil, copper and corn prices are back to levels last seen befo
Published 21 Jan, 2011 12:00am
Oil falls over two percent

Oil falls over two percent

Oil prices slumped more than 2 percent on Thursday as an unexpected rise in US crude inventories and worries of more monetary tightening in China to curb inflation in the face of robust growth data. The steep drop in prices came as investors also liquidat
Published 21 Jan, 2011 12:00am
Liffe cocoa soars

Liffe cocoa soars

Liffe May cocoa closes 60 pounds higher at 2,102 pounds a tonne on Thursday after climbing to a 5-month high of 2,105 pounds, after failed mediations in top grower Ivory Coast and a fire in a Dutch cocoa factory added to fears about possible supply disrup
Published 21 Jan, 2011 12:00am
US soyabeans higher

US soyabeans higher

Chicago Board of Trade soyabean futures closed mostly higher on Wednesday, although front-month soybeans were lower on late fund selling and talk of rain in prime crop areas of Argentina, traders said. A weaker US dollar and news that China has pledged to
Published 21 Jan, 2011 12:00am
Tokyo and Shanghai rubber futures strike record highs

Tokyo and Shanghai rubber futures strike record highs

Key Tokyo and Shanghai rubber futures hit record highs on Thursday as speculators bet heavily on strong demand and supply shortages in the future. The key Tokyo Commodity Exchange rubber contract for June delivery settled down 0.4 percent, or 1.7 yen, at
Published 21 Jan, 2011 12:00am
Shanghai copper falls

Shanghai copper falls

London copper prices were steady on Thursday, underpinned by strong Chinese growth data, but inflation in the world's top commodity consumer, and rising stockpiles of copper, weighed on sentiment. Shanghai's benchmark third-month copper futures contract f
Published 21 Jan, 2011 12:00am
Copper tumbles

Copper tumbles

Copper fell to its lowest in around a month on Thursday as the dollar rose on US jobless and home sales data and concerns deepened about China tightening its monetary policy, which would soften demand for metals. Three-month copper on the London Metals Ex
Published 21 Jan, 2011 12:00am
New York cocoa jumps to five-month top

New York cocoa jumps to five-month top

Cocoa futures galloped to a five-month high on Wednesday as the collapse of talks to resolve a bitter presidential contest in top grower Ivory Coast stirred fears of supply disruptions from the African country. Sugar was mixed, while coffee dipped as fund
Published 21 Jan, 2011 12:00am
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