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May 13, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-25
'Anti-PPP alliance' formed?

'Anti-PPP alliance' formed?

An 'anti-Pakistan People's Party (PPP) alliance' has been formed at the residence of former chief minister Arbab Ghulam Raheem where various political leaders met on Monday. Former chief ministers Liaquat Jatoi and Ghaus Ali Shah, PML-F leader Saddruddin
Published 25 Nov, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
'Anti-PPP alliance' formed?

'Anti-PPP alliance' formed?

An 'anti-Pakistan People's Party (PPP) alliance' has been formed at the residence of former chief minister Arbab Ghulam Raheem where various political leaders met on Monday. Former chief ministers Liaquat Jatoi and Ghaus Ali Shah, PML-F leader Saddruddin
Published 25 Nov, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
November 30 rally: LHC issues notices to Imran, Qadri

November 30 rally: LHC issues notices to Imran, Qadri

The Lahore High Court here on Monday while issuing notices to Imran Khan and Dr Tahirul Qadri for November 28 in response to a petition against PTI's November 30 rally, observed how courts can interfere in this matter if the government itself allows publi
Published 25 Nov, 2014 12:00am
November 30 rally: LHC issues notices to Imran, Qadri

November 30 rally: LHC issues notices to Imran, Qadri

The Lahore High Court here on Monday while issuing notices to Imran Khan and Dr Tahirul Qadri for November 28 in response to a petition against PTI's November 30 rally, observed how courts can interfere in this matter if the government itself allows publi
Published 25 Nov, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 24, 2014)

Published 25 Nov, 2014 12:00am
Prime Minister-ISI chief discuss situation

Prime Minister-ISI chief discuss situation

Prime Minister Nawaz Sharif on Monday met Director General Inter-Services Intelligence (ISI) Lieutenant General Rizwan Akhtar at the Prime Minister's House to discuss matters relating to national security. According to official sources, internal security
Published 25 Nov, 2014 12:00am
British health workers strike for pay rise

British health workers strike for pay rise

Thousands of British nurses, midwives and hospital cleaners went on a four-hour strike Monday calling for a pay rise, weeks after walking out for the first time in 32 years. Eleven health worker trade unions took part, calling on the government to approve
Published 25 Nov, 2014 12:00am
Belgium travel hit hard by anti-austerity strike

Belgium travel hit hard by anti-austerity strike

Travel in Belgium ground to a standstill on Monday as workers from several sectors walked out on jobs to protest new state austerity measures. The strike was the first labour strife in the country since a 100,000 person march in the European capital of Br
Published 25 Nov, 2014 12:00am
German business morale rebounds

German business morale rebounds

German business sentiment rebounded in November, breaking a streak of six straight declines, in a sign that Europe's largest economy may be gaining some momentum again after narrowly avoiding a recession in the third quarter. The Ifo's business climate in
Published 25 Nov, 2014 12:00am
French, British banks press EU to revise bank reform plans

French, British banks press EU to revise bank reform plans

French and British banks are urging the European Commission to reconsider plans to isolate high-risk trading activities at big banks, warning the move could discourage lending to struggling economies. The European Union's executive arm published a draft l
Published 25 Nov, 2014 12:00am
US services sector activity grows, November rate slows

US services sector activity grows, November rate slows

The US services sector expanded in November at a slower rate than the previous month as growth in new business slowed, an industry report showed on Monday. Financial data firm Markit said its "flash" services Purchasing Managers Index hit 56.3 in November
Published 25 Nov, 2014 12:00am
Some fund managers see oil falling to $60 without Opec cut

Some fund managers see oil falling to $60 without Opec cut

Some commodity fund managers believe oil prices could slide to $60 per barrel if Opec does not agree a significant output cut when it meets in Vienna this week. Brent crude futures have fallen by a third since June, touching a four-year low of $76.76 a ba
Published 25 Nov, 2014 12:00am
Some fund managers see oil falling to $60 without Opec cut

Some fund managers see oil falling to $60 without Opec cut

Some commodity fund managers believe oil prices could slide to $60 per barrel if Opec does not agree a significant output cut when it meets in Vienna this week. Brent crude futures have fallen by a third since June, touching a four-year low of $76.76 a ba
Published 25 Nov, 2014 12:00am
Some fund managers see oil falling to $60 without Opec cut

Some fund managers see oil falling to $60 without Opec cut

Some commodity fund managers believe oil prices could slide to $60 per barrel if Opec does not agree a significant output cut when it meets in Vienna this week. Brent crude futures have fallen by a third since June, touching a four-year low of $76.76 a ba
Published 25 Nov, 2014 12:00am
Denmark is world's most connected country

Denmark is world's most connected country

Denmark has overtaken South Korea as the world's top country for cellphone and Internet use, a study released Monday said. In third place was Sweden, followed by Iceland and Britain, emphasising European dominance in the connectivity stakes, according to
Published 25 Nov, 2014 12:00am
Oil price drop 'not catastrophic' for UAE

Oil price drop 'not catastrophic' for UAE

UAE Oil Minister Suhail al-Mazrouei said Monday that the current slide in oil prices will "not be catastrophic" for his oil-rich country, thanks to economic diversification. Oil cartel Opec will "deal appropriately with the current drop" when it meets on
Published 25 Nov, 2014 12:00am
Thales, Siemens win contract for trains in Spain

Thales, Siemens win contract for trains in Spain

The French and German industrial giants Thales and Siemens said Monday they had won a contract worth more than 500 million euros to revamp safety systems on a high-speed train line in Spain. "The order has a total value of around 510 million euros ($633 m
Published 25 Nov, 2014 12:00am
Russia loses $140 billion from sanctions, oil price

Russia loses $140 billion from sanctions, oil price

Russia is losing up to $140 billion (113 billion euros) a year because of Western sanctions over the Ukraine conflict and plunging oil prices, but President Vladimir Putin has dismissed the economic damage as "not fatal". "We are losing around $40 billion
Published 25 Nov, 2014 12:00am
US seeks to revive trade with India after WTO row

US seeks to revive trade with India after WTO row

The United States is keen to expand trade with India, a US official said Monday, after the two countries settled a bitter row over food subsidies and President Barack Obama announced he would visit in January. US Trade Representative Michael Froman was sp
Published 25 Nov, 2014 12:00am
Greece gears up for final bailout audit

Greece gears up for final bailout audit

Greek officials are gearing up for tough negotiations on Tuesday when they meet the country's international creditors in Paris for a final audit into reforms needed for a 240-billion-euro bailout. The two-day meeting will "raise key points and get the aud
Published 25 Nov, 2014 12:00am
Ghana inks $6 billion deal with Italian oil giant Eni

Ghana inks $6 billion deal with Italian oil giant Eni

Ghana on Monday accepted a bid from Italian oil major Eni to develop its offshore oil and gas resources, part of an effort to boost the west African nation's nascent energy sector, officials said. Under the $6 billion (4.8 billion euro) "commercial produc
Published 25 Nov, 2014 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 334,610 tonnes of cargo comprising 281,500 tonnes of import cargo and 53,110 tonnes of export cargo including 4,698 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 281
Published 25 Nov, 2014 12:00am
Asian naphtha crack slips to three-session low

Asian naphtha crack slips to three-session low

Asia's naphtha crack eased to a three-session low of $73.78 a tonne as supplies outpaced strong demand from China. South Korea's YNCC bought two medium-range tanker size naphtha cargoes for first-half January delivery at a smaller discount of about $4.25
Published 25 Nov, 2014 12:00am
Chinese steel, iron ore futures end nearly flat

Chinese steel, iron ore futures end nearly flat

Chinese steel and iron ore futures finished nearly flat on Monday as optimism brought on by China's first interest rate cut in more than two years failed to sustain an early morning rally. While the rate cut should support efforts by Beijing to shore up a
Published 25 Nov, 2014 12:00am
Indonesian coal shipments rise despite new export rule

Indonesian coal shipments rise despite new export rule

New Indonesian coal export rules had little impact in October, the first month they were in effect, as shipments from the world's top thermal coal exporter increased 9.8 percent on the year, a mining ministry official said. Industry had warned that export
Published 25 Nov, 2014 12:00am
Iraq seeks to buy 50,000 tons of rice

Iraq seeks to buy 50,000 tons of rice

The lowest price paid by Iraq in its purchase of 150,000 tonnes of rice on Thursday was $471 a tonne c&f free out (ciffo), traders said on Monday. The price was paid for 30,000 tonnes of rice from Thailand, they said. A further 120,000 tonnes of US rice w
Published 25 Nov, 2014 12:00am
Indian soyabeans hit three-month high

Indian soyabeans hit three-month high

Indian soyabean futures rose on Monday to their highest level in three months on thin supplies in spot markets amid healthy export demand for soyameal. Rapeseed and soyaoil also rose on lower-than-expected crushing of new season soyabeans and hopes the go
Published 25 Nov, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.66 billion as compared to PKR 2.16 billion reported on Thursday, an increase of 69 percent. The number of lots traded also increased by 91 percent to 16,432 from 8,622. PMEX Commodity
Published 25 Nov, 2014 12:00am
French maize harvest, wheat sowing nears completion

French maize harvest, wheat sowing nears completion

French farmers made modest progress last week in rounding off maize harvesting and wheat sowing, data from farm office FranceAgriMer showed on Friday. As of November 17, farmers had harvested 95 percent of the grain maize area, up from 90 percent a week e
Published 25 Nov, 2014 12:00am
Turkey buys 100,000 tonnes of durum wheat

Turkey buys 100,000 tonnes of durum wheat

Turkey's state grain board TMO has purchased 100,000 tonnes of optional-origin durum wheat in tender, traders said on Monday. Some $513.96 a tonne c&f was paid for 25,000 tonnes and $529.96 a tonne c&f for 25,000 tonnes, both of optional Canadian, Mexican
Published 25 Nov, 2014 12:00am
Lean business on grain market

Lean business on grain market

Slow business was witnessed on the wholesale grain market on Monday as most of the participants were on the sidelines owing to less interest of buying, dealers said. On the cereals side, Moong Punjab picked up Rs 125 to Rs 11875 and Moong Afghan also gain
Published 25 Nov, 2014 12:00am
US Midwest corn bids firmer

US Midwest corn bids firmer

US Midwest processors firmed their spot corn basis bids on Monday to entice more movement as farmer sales were steady to quiet, especially in the eastern Corn Belt where heavy rains stalled the tail end of harvest, merchants said. Several inches of rain f
Published 25 Nov, 2014 12:00am
Around 11 percent of Ukrainian winter grain crop has not sprouted

Around 11 percent of Ukrainian winter grain crop has not sprouted

Around 11 percent of Ukrainian winter grain crops, or 860,000 hectares, had not sprouted as of November 20, according to ministry data, and analysts said most of the area is likely to be re-seeded next spring. Winter losses typically account for up to 10
Published 25 Nov, 2014 12:00am
Prices firm amid moderate trading on cotton market

Prices firm amid moderate trading on cotton market

Prices showed no major difference on the cotton market on Monday in the process of moderate trading, dealers said. The official spot rate maintained overnight level at Rs 4,800, they added. In the ready session, around 20,000 bales of cotton changed hands
Published 25 Nov, 2014 12:00am
Oil cake market rates

Oil cake market rates

Contracts were higher on the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1500.80 but commenced with a gain of 50 paisa at Rs 1501.30 in the morning session, they said. The January
Published 25 Nov, 2014 12:00am
Sunshine and showers help main Ivory Coast cocoa crop

Sunshine and showers help main Ivory Coast cocoa crop

Showers and sunshine in most of Ivory Coast's cocoa-growing regions last week should help the main crop grow but there could be shortages of beans due to the approaching Harmattan wind, farmers and analysts said on Monday. In the western region of Soubre,
Published 25 Nov, 2014 12:00am
Physical thermal coal prices higher

Physical thermal coal prices higher

Physical thermal coal prices ticked up on Friday afternoon in the main markets of Europe, Australia and South Africa, but trading volume was low. In the European market, cargoes for delivery in December to Amsterdam, Rotterdam and Antwerp (ARA) were 55 ce
Published 25 Nov, 2014 12:00am
France to export feed wheat to South Korea

France to export feed wheat to South Korea

France will export its largest volume of feed wheat to South Korea in 26 years, port sources said on Monday, as the EU's top grain producer targets unusual destinations to shift its lower-quality wheat crop this season. The Clio bulk carrier this week wil
Published 25 Nov, 2014 12:00am
Germany ships 231,000 tonnes of wheat to Iran

Germany ships 231,000 tonnes of wheat to Iran

Germany exported about 231,000 tonnes of wheat to Iran in September 2014, figures from the German statistics agency showed on Monday, confirming market talk of large German sales to Iran. European grain traders had reported that Iran purchased substantial
Published 25 Nov, 2014 12:00am
Kazakhstan exports 2.62 million tonnes of grains

Kazakhstan exports 2.62 million tonnes of grains

Kazakhstan's grain exports fell to 2.62 million tonnes from the start of the marketing year on July 1 to November 20 from 3.29 million tonnes in the same period a year earlier, Agriculture Ministry data showed on Monday. Kazakhstan, Central Asia's largest
Published 25 Nov, 2014 12:00am
Message from Finance Minister, Government of Sindh

Message from Finance Minister, Government of Sindh

I am happy to send this message on the occasion of 8th Pakistan Microfinance Forum 2014 being held in Karachi to highlight the challenges and opportunities we face in addressing the core issues of Microfinance in the country.
Published 25 Nov, 2014 12:00am
Message from Deputy Governor, State Bank of Pakistan

Message from Deputy Governor, State Bank of Pakistan

I extend my sincere appreciation to Shamrock on the occasion of its Microfinance Forum 2014. Shamrock conferences have evolved to become an important platform for sharing knowledge and expertise in various fields of businesses and economy.
Published 25 Nov, 2014 12:00am
Message from President & CEO, Tameer Microfinance Bank

Message from President & CEO, Tameer Microfinance Bank

I am delighted to be a part of 8th annual meet of Pakistan Microfinance Forum 2014 organized by Shamrock. Microfinance, or provision of financial services to low-income people, is a key enabler of Financial Inclusion in any country.
Published 25 Nov, 2014 12:00am
Message from Consul General, Consulate-General of Switzerland

Message from Consul General, Consulate-General of Switzerland

I would like to heartily congratulate the organisers of the "Pakistan Microfinance Forum" for successfully organising this annual conference, which has positively contributed towards the evolution and enrichment of micro-finance sector in Pakistan. Povert
Published 25 Nov, 2014 12:00am
Message from Chairman, SHAMROCK Conferences International

Message from Chairman, SHAMROCK Conferences International

As we advance through the 8th year of this annual forum, it is a heartening to see an increasingly enthusiastic response to our initiative, as we venture beyond new horizons, with each passing year. We sincerely hope that your collective deliberations wil
Published 25 Nov, 2014 12:00am
Microfinance - a powerful solution to eradicate poverty

Microfinance - a powerful solution to eradicate poverty

The inspiration for Microfinance initiatives is derived from the reality, that a majority of segments in the under-developed and developing nations have no bank accounts, no access to affordable credit, low capacity to earn and save money and no insurance
Published 25 Nov, 2014 12:00am
EMPOVERING THE IMPOVERISHED - BRACH Microfinance Programme

EMPOVERING THE IMPOVERISHED - BRACH Microfinance Programme

Microfinance is a powerful tool that the poor can use to inch their way out of poverty by taking advantage of new opportunities and better managing the sufferings they face. Designed well, Microfinance can also pay for itself and reach millions. The socia
Published 25 Nov, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 25 Nov, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 25 Nov, 2014 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 25 Nov, 2014 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 Commi
Published 25 Nov, 2014 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 Monday (November 24, 2014).

Published 25 Nov, 2014 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 Monday (November 24, 2014).

Published 25 Nov, 2014 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 Monday (November 24, 2014).

Published 25 Nov, 2014 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 Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 24, 2014).
Published 25 Nov, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (November 24, 2014).
Published 25 Nov, 2014 12:00am
Red Zone: blockade begins

Red Zone: blockade begins

One week prior to Pakistan Tehreek-e-Insaf's (PTI) scheduled public gathering, the Islamabad Capital Territory (ICT) administration has started blocking roads leading to the Red Zone. The district administration has closed Nadra Chowk for traffic by placi
Published 25 Nov, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
Red Zone: blockade begins

Red Zone: blockade begins

One week prior to Pakistan Tehreek-e-Insaf's (PTI) scheduled public gathering, the Islamabad Capital Territory (ICT) administration has started blocking roads leading to the Red Zone. The district administration has closed Nadra Chowk for traffic by placi
Published 25 Nov, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
November 30 rally: envoys' visits fuel speculations

November 30 rally: envoys' visits fuel speculations

The meetings of ambassadors of United States and China with Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan have fuelled speculation as to the messages delivered by the governments of the two countries with major economic and political ties with Pakist
Published 25 Nov, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 24, 2014).

Published 25 Nov, 2014 12:00am
November 30 rally: envoys' visits fuel speculations

November 30 rally: envoys' visits fuel speculations

The meetings of ambassadors of United States and China with Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan have fuelled speculation as to the messages delivered by the governments of the two countries with major economic and political ties with Pakist
Published 25 Nov, 2014 12:00am
Prime Minister-ISI chief discuss situation

Prime Minister-ISI chief discuss situation

Prime Minister Nawaz Sharif on Monday met Director General Inter-Services Intelligence (ISI) Lieutenant General Rizwan Akhtar at the Prime Minister's House to discuss matters relating to national security. According to official sources, internal security
Published 25 Nov, 2014 12:00am
Internet access should be a human right: survey

Internet access should be a human right: survey

Affordable access to the Internet should be a human right, as it represents hope for political freedom and economic prosperity to many around the world, according to a survey Monday. Most people also do not want any one nation or organisation to manage th
Published 25 Nov, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 25 Nov, 2014 12:00am
Laptops distributed among M Phil, PhD students

Laptops distributed among M Phil, PhD students

Provincial Finance Minister Mujtaba Shuja-ur-Rehman gave away laptops to Punjab University students of M Phil and PhD as part of distribution of 0.1 million laptops among position holders under the Prime Minister's youth programme. University Vice Chancel
Published 25 Nov, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Nov, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Nov, 2014 12:00am
13 Afghanis held

13 Afghanis held

At least 13 Afghan nationals were held in the city on Monday, official sources said. Frontier Corps Spokesman, Khan Wasey said that FC team during checking at Baleli Checkpoint in the city apprehended 13 Afghan nationals after they failed to produce legal
Published 25 Nov, 2014 12:00am
Hagel, under pressure, resigns as US defence secretary

Hagel, under pressure, resigns as US defence secretary

US Defence Secretary Chuck Hagel resigned on Monday, leaving under pressure as President Barack Obama faces critical national security challenges, including fighting Islamic State in Iraq and Syria and revising plans to exit Afghanistan. It was the first
Published 25 Nov, 2014 12:00am
Hagel, under pressure, resigns as US defence secretary

Hagel, under pressure, resigns as US defence secretary

US Defence Secretary Chuck Hagel resigned on Monday, leaving under pressure as President Barack Obama faces critical national security challenges, including fighting Islamic State in Iraq and Syria and revising plans to exit Afghanistan. It was the first
Published 25 Nov, 2014 12:00am
Over-billing: IHC asks top official to appear in person

Over-billing: IHC asks top official to appear in person

Islamabad High Court on Monday directed Secretary Ministry of Water and Power to appear in person on December 15 in a case regarding electricity overbilling. A single-member bench of Justice Athar Minallah resumed the hearing of a petition filed by Pakist
Published 25 Nov, 2014 12:00am
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