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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-29
Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

The Federal Board of Revenue (FBR) will issue statutory regulatory orders (SROs) to do away with the budgetary anomalies in tax rates introduced through Finance Act 2014, extending sales tax exemption to the pharmaceutical raw materials, where customs dut
Published 29 Nov, 2014 12:00am
Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

The Federal Board of Revenue (FBR) will issue statutory regulatory orders (SROs) to do away with the budgetary anomalies in tax rates introduced through Finance Act 2014, extending sales tax exemption to the pharmaceutical raw materials, where customs dut
Published 29 Nov, 2014 12:00am
Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

Tax rates in Finance Act: FBR to issue SROs to do away with anomalies

The Federal Board of Revenue (FBR) will issue statutory regulatory orders (SROs) to do away with the budgetary anomalies in tax rates introduced through Finance Act 2014, extending sales tax exemption to the pharmaceutical raw materials, where customs dut
Published 29 Nov, 2014 12:00am
PSM, energy projects: Russian banks offer credit lines

PSM, energy projects: Russian banks offer credit lines

Russian banks offered Pakistan credit lines of US $1 billion each for energy sector projects and Pakistan Steel Mills (PSM) refurbishment. The senior executives of the Russian bank VneshTorgovBank (VTB) who called on Federal Minister for Finance Ishaq Dar
Published 29 Nov, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (November 28, 2014).

Published 29 Nov, 2014 12:00am
PSM, energy projects: Russian banks offer credit lines

PSM, energy projects: Russian banks offer credit lines

Russian banks offered Pakistan credit lines of US $1 billion each for energy sector projects and Pakistan Steel Mills (PSM) refurbishment. The senior executives of the Russian bank VneshTorgovBank (VTB) who called on Federal Minister for Finance Ishaq Dar
Published 29 Nov, 2014 12:00am
PSM, energy projects: Russian banks offer credit lines

PSM, energy projects: Russian banks offer credit lines

Russian banks offered Pakistan credit lines of US $1 billion each for energy sector projects and Pakistan Steel Mills (PSM) refurbishment. The senior executives of the Russian bank VneshTorgovBank (VTB) who called on Federal Minister for Finance Ishaq Dar
Published 29 Nov, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (November 28, 2014).
Published 29 Nov, 2014 12:00am
Oil currencies slide in London, dollar reaps benefits

Oil currencies slide in London, dollar reaps benefits

The dollar firmed on Friday, a day after an Opec decision not to cut oil output slammed commodity currencies like the Norwegian crown, which fell to five-year lows against the greenback and the euro. In testament to how negative sentiment is in the euro z
Published 29 Nov, 2014 12:00am
Early trade in New York: dollar gains broadly

Early trade in New York: dollar gains broadly

The dollar gained on Friday as low oil prices added to disinflation fears in the euro zone and Japan, while investors also looked ahead to a heavy week of central bank meetings and the US monthly employment report. Annual consumer inflation in the euro zo
Published 29 Nov, 2014 12:00am
Dollar up in Asia

Dollar up in Asia

The US dollar held firm early Friday after rising against commodity currencies such as the Canadian dollar and Norwegian crown on Opec's decision not to reduce output. Investors took aim at currencies of oil-rich countries as oil prices fell after the Ope
Published 29 Nov, 2014 12:00am
China's yuan drops

China's yuan drops

China's yuan fell on Friday as companies' demand for dollars surged at month-end, with the currency on course for its first monthly decline in seven months. By midday, spot yuan was at 6.1479 per dollar, its lowest level in two months, and 0.14 percent we
Published 29 Nov, 2014 12:00am
Canadian dollar retreats with oil prices after Opec statement

Canadian dollar retreats with oil prices after Opec statement

The Canadian dollar extended losses against the US dollar on Thursday after Opec's announcement that it would not cut crude output levels sent oil prices plunging to new four-year lows. Saudi Arabia blocked calls from poorer members of the Organisation of
Published 29 Nov, 2014 12:00am
FTSE hit by sell-off in energy shares; travel stocks gain

FTSE hit by sell-off in energy shares; travel stocks gain

Britain's top share index ended the week slightly lower after oil's plunge dragged down energy stocks and offset gains for travel and consumer stocks set to benefit from cheaper fuel. The FTSE 100 index closed down 0.01 percent at 6,722.62 points after fa
Published 29 Nov, 2014 12:00am
South African stocks slide

South African stocks slide

South African stocks slid 1.6 percent on Friday, with petrochemicals firm Sasol tumbling after oil hit a four-year low, reigniting fears about a slowdown in global growth. Brent crude touched $71.12 a barrel after the Opec oil cartel decided against cutti
Published 29 Nov, 2014 12:00am
South Korean shares down

South Korean shares down

South Korean shares edged lower on Friday, due to hefty losses in energy and shipbuilding counters as oil prices plunged to a four-year low on Opec's decision not to cut production despite a supply glut. The Korea Composite Stock Price Index (KOSPI) fell
Published 29 Nov, 2014 12:00am
Taiwan stocks edge higher

Taiwan stocks edge higher

Taiwan stocks were slightly higher Friday as most investors held off from taking big positions ahead the outcome of local elections. As of 0308 GMT, the main TAIEX index rose, 0.16 percent, or 14.60 points to 9179.91, after closing up 0.47 percent Thursda
Published 29 Nov, 2014 12:00am
European shares eke out weekly gain after late recovery

European shares eke out weekly gain after late recovery

European shares posted their second consecutive weekly gain after a late recovery on Friday, as heavy falls in energy stocks, hit by a slump in oil prices, were offset by gains in airlines and consumer companies. Oil companies such as Statoil and Galp Ene
Published 29 Nov, 2014 12:00am
Hong Kong shares end month down

Hong Kong shares end month down

Hong Kong shares ended November slightly down, despite an ongoing rally in mainland indexes and in Hong Kong-listed Chinese companies. China stock indexes rose for the seventh straight session on Friday and posted their biggest monthly gains in nearly two
Published 29 Nov, 2014 12:00am
China shares scale three-year highs

China shares scale three-year highs

China stock indexes rose for the seventh straight session on Friday and posted their biggest monthly gains in nearly two years, led by banking shares on speculation that a deposit insurance scheme would be unveiled soon. A surprise interest rate cut last
Published 29 Nov, 2014 12:00am
Sri Lankan stocks edge up; political woes weigh

Sri Lankan stocks edge up; political woes weigh

Sri Lankan stocks ended higher on Friday, recovering from a 12-week low hit in the previous session on last-hour bargain-hunting while investors were cautious about buying risky assets due to political uncertainty ahead of the presidential election. The m
Published 29 Nov, 2014 12:00am
Southeast Asian markets: Thai, Malaysian shares fall

Southeast Asian markets: Thai, Malaysian shares fall

The Thai stock index fell on Friday as energy shares declined after a sharp fall in global crude prices while Malaysian shares extended losses amid a fall in the ringgit and concerns over lower oil. Bangkok's SET index finished down 0.4 percent, reversing
Published 29 Nov, 2014 12:00am
Australian shares fall

Australian shares fall

Australian shares fell the most in seven weeks on Friday, led by a brutal selloff in energy producers as the biggest drop in oil prices in three years stoked concerns about demand for the country's commodities. The S&P/ASX 200 index closed down 1.6 percen
Published 29 Nov, 2014 12:00am
Tokyo shares higher

Tokyo shares higher

Tokyo stocks rose 1.23 percent Friday, lifted by a weak yen, while Japan's two biggest airlines soared on Opec's decision not to cut oil production despite prices hitting four-year lows. The Nikkei 225 index at the Tokyo Stock Exchange added 211.35 points
Published 29 Nov, 2014 12:00am
TSX energy shares plummet

TSX energy shares plummet

Canada's main stock index declined on Thursday as oil prices plunged after the outcome of an Organisation of the Petroleum Exporting Countries meeting disappointed investors, dragging down shares of energy producers. The Opec meeting was the market's focu
Published 29 Nov, 2014 12:00am
Indian shares hit record high; state-run lenders gain

Indian shares hit record high; state-run lenders gain

Indian shares hit a record high on Friday, rising for the third straight session, led by gains in lenders such as State Bank of India after the government said it would cut its stake in state-run banks. The Indian government plans to raise about 891.2 bil
Published 29 Nov, 2014 12:00am
Bid target Club Mediterranee hit by problems in Europe, Africa

Bid target Club Mediterranee hit by problems in Europe, Africa

Club Mediterranee, the holiday group at the centre of France's longest running take-over saga, said weaker demand in Europe, unrest in the Middle East and Ebola fears in Africa hit bookings and helped push it to an annual loss. The target of rival bids by
Published 29 Nov, 2014 12:00am
Norway's growth weighed down by oil

Norway's growth weighed down by oil

Norway's growth prospects are taking a hit from lower oil prices and falling energy investments but consumer confidence is holding up and household spending was better than expected in October, separate data showed on Friday. Output growth over the past t
Published 29 Nov, 2014 12:00am
Belgian economic growth revised up

Belgian economic growth revised up

Belgium's economy grew by more than initially estimated in the third quarter, buoyed by an acceleration of private consumption and household and corporate investment. Belgium's gross domestic product (GDP) increased by 0.3 percent in the third quarter fro
Published 29 Nov, 2014 12:00am
Taiwan revises down 2015 growth outlook

Taiwan revises down 2015 growth outlook

Taiwan on Friday trimmed its forecasts for exports and economic growth for next year as major trading partners China and Europe both face significant headwinds. The government now projects exports to grow 3.56 percent in 2015, instead of the earlier-forec
Published 29 Nov, 2014 12:00am
France, Italy, Belgium may break budget rules, EU to revisit in March

France, Italy, Belgium may break budget rules, EU to revisit in March

The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. At that point, France could face a multi-billion euro fine and Italy and Belgium
Published 29 Nov, 2014 12:00am
Restructured Bank of Cyprus posts 5 million euro Q3 loss

Restructured Bank of Cyprus posts 5 million euro Q3 loss

Bank of Cyprus, the island's largest lender, announced on Thursday it had made a five million euro loss in the third quarter as it restructured after a massive debt bailout. The bank also said it expected to resume trading on the stock exchange in mid-Dec
Published 29 Nov, 2014 12:00am
South Africa's twin deficits, weak growth a challenge for policymakers

South Africa's twin deficits, weak growth a challenge for policymakers

South Africa's trade shortfall widened in October, data showed on Friday, underlining warnings from the central bank that persistent current account and fiscal deficits along with weak economic growth would make policy decisions harder. The trade report s
Published 29 Nov, 2014 12:00am
Toyota recalls more cars for dangerous Takata air bags

Toyota recalls more cars for dangerous Takata air bags

Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, as a safety crisis around the Japanese auto parts maker looks far from being contained. Toyota's action follows a recal
Published 29 Nov, 2014 12:00am
Portugal economy grows

Portugal economy grows

Portugal's economy grew 0.3 percent in the third quarter, the same as in the previous three-month period, with private consumption driving the expansion, data showed on Friday. The second reading for gross domestic product in July-September also showed th
Published 29 Nov, 2014 12:00am
India Q2 growth slows to 5.3 percent, boosting rate cut hopes

India Q2 growth slows to 5.3 percent, boosting rate cut hopes

India said Friday the economy grew 5.3 percent from July-September year-on-year, significantly slower than the previous three months, stirring hopes of interest rate cuts to boost investment. The performance was a little better than market forecasts of 5.
Published 29 Nov, 2014 12:00am
Germany approves balanced 2015 budget, first since 1969

Germany approves balanced 2015 budget, first since 1969

Germany signed off Friday on its 2015 draft budget which foresees a balanced bottom line for the country's public finances for the first time since 1969. Lawmakers in the Bundestag lower house of parliament voted overwhelmingly to approve the budget bluep
Published 29 Nov, 2014 12:00am
Brazil scrapes out of recession

Brazil scrapes out of recession

Brazil's economy crawled out of a recession in the third quarter as public spending rose before presidential elections, suggesting growth could be short-lived as the government plans to tighten its budget. The economy grew 0.1 percent in the third quarter
Published 29 Nov, 2014 12:00am
Egypt crackdown adds to Gaza blockade woes

Egypt crackdown adds to Gaza blockade woes

Already struggling under the weight of an Israeli blockade, Gazans are now feeling the effects of an Egyptian exclusion zone along their shared border that has sent prices soaring. After the cost of his cigarettes nearly tripled, 18-year-old Jihad Ahmed n
Published 29 Nov, 2014 12:00am
Weak EU economy forces new members to dust off old friendships

Weak EU economy forces new members to dust off old friendships

Poland's embassy in Algiers is not the grandest posting - the diplomats share the building with their Swedish colleagues to keep costs down - but last year it oversaw the fastest growth in trade of any Polish mission. Ex-Communist countries in eastern Eur
Published 29 Nov, 2014 12:00am
Eurozone inflation back at five-year low

Eurozone inflation back at five-year low

Annual inflation in the eurozone cooled to 0.3 percent in November as energy prices fell, suggesting deflation remains a real threat for the European Central Bank. The reading on Friday marked a return to September's five-year low for consumer inflation a
Published 29 Nov, 2014 12:00am
Japan's inflation slows in October

Japan's inflation slows in October

Japan's annual core consumer inflation slowed for a third straight month in October due to falling oil prices, highlighting the economic gloom facing Premier Shinzo Abe as he campaigns for a new mandate to implement his stalled recovery plan. "Inflation c
Published 29 Nov, 2014 12:00am
Malaysia Airlines losses widen in wake of disasters

Malaysia Airlines losses widen in wake of disasters

Crisis-stricken Malaysia Airlines said Friday its third-quarter loss widened 54 percent in the wake of two devastating air disasters that have sent its business into a tailspin and prompted a government rescue. The company's net loss for the three months
Published 29 Nov, 2014 12:00am
China hikes gasoline, diesel consumption tax

China hikes gasoline, diesel consumption tax

China on Friday announced a tax increase on gasoline and diesel fuel consumption in the first such hike since 2009, state media reported, amid a steep decline in crude oil prices. The measure, which takes effect on Saturday, was announced by the Ministry
Published 29 Nov, 2014 12:00am
China hikes gasoline, diesel consumption tax

China hikes gasoline, diesel consumption tax

China on Friday announced a tax increase on gasoline and diesel fuel consumption in the first such hike since 2009, state media reported, amid a steep decline in crude oil prices. The measure, which takes effect on Saturday, was announced by the Ministry
Published 29 Nov, 2014 12:00am
Britain's power network gets £17 billion investment jolt

Britain's power network gets £17 billion investment jolt

Electricity suppliers in Britain are to invest £17 billion ($26.7 billion, 21.4 billion euros) over eight years to renew and maintain the network, the regulator said Friday. The decision, which covers five of the "big six" firms which run Britain's local
Published 29 Nov, 2014 12:00am
UK consumer morale holds steady in November

UK consumer morale holds steady in November

British consumer morale held steady in November in the face of slipping confidence about the economy's prospects over the next 12 months, a survey by polling company GfK showed on Friday. The headline consumer confidence index hovered at -2 for a second m
Published 29 Nov, 2014 12:00am
No change on grain market

No change on grain market

According to a press release of the Wholesale Grain Merchant Group (WGMG), no major change was seen on the local commodity market on Friday.
Published 29 Nov, 2014 12:00am
Cotton market: prices move up slightly on expectations

Cotton market: prices move up slightly on expectations

Expectations for increase in demand helped the prices to improve marginally in process of sizeable activity dealers said. The official spot rate maintained overnight level at Rs 4,800, they added. In the ready session, over 21,000 bales of cotton changed
Published 29 Nov, 2014 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 128,068 tonnes of cargo comprising 93,785 tonnes of import cargo and 34,283 tonnes of export cargo including 6,760 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 93,7
Published 29 Nov, 2014 12:00am
India soyabean, soyaoil futures extend losses

India soyabean, soyaoil futures extend losses

Indian soyaoil futures extended losses on Wednesday on higher imports of edible oils, while soyabeans fell on weak export demand for soyameal, though thin supplies in local spot markets restricted the downside. India's cooking oil imports hit a record hig
Published 29 Nov, 2014 12:00am
US Midwest corn, soya bids steady to higher

US Midwest corn, soya bids steady to higher

Spot corn and soyabean basis bids were mostly steady to higher at several locations around the US Midwest on Wednesday in quiet trade a day ahead of the Thanksgiving Day holiday as farmers continued to hold back on crop sales, grain merchants said. Corn p
Published 29 Nov, 2014 12:00am
US FOB Gulf soya, corn, wheat mostly steady

US FOB Gulf soya, corn, wheat mostly steady

US FOB Gulf soyabean, corn and wheat basis offers were generally steady after the close on Wednesday in quiet markets ahead of the Thanksgiving Day holiday, traders said. FOB soyabean basis offers were steady for December through February, while March loa
Published 29 Nov, 2014 12:00am
Canadian canola futures snap

Canadian canola futures snap

ICE Canadian canola futures snapped a four-day winning streak on Wednesday, pressured by soybean weakness and commercial selling. January canola dropped $5.30 to $429.90 per tonne. Chicago Board of Trade January soybeans lost 4 US cents to US $10.47 per b
Published 29 Nov, 2014 12:00am
EU wheat prices at 3-month high on export demand

EU wheat prices at 3-month high on export demand

European wheat prices rose to their highest level in more than three months on Tuesday, boosted by export demand. On the Paris-based Euronext market, January milling wheat closed up 1.75 euro or 1 percent at 180.50 euros a tonne, its highest since early A
Published 29 Nov, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.869 billion as compared to PKR 1.279 billion reported on Wednesday, an increase of 203 percent. The number of lots traded also increased by 264 percent to 26,298 from 7,215. PMEX Co
Published 29 Nov, 2014 12:00am
Disenfranchised

Disenfranchised

On 11th May 2013, Pakistan went to the polls in the first ever general elections to be held after the completion by a democratically elected government of its entire tenure. However, this watershed in the history of Pakistan was marred by these elections
Published 29 Nov, 2014 12:00am
KARACHI CHRONICLE: Plant a tree

KARACHI CHRONICLE: Plant a tree

M. Abbas Khaskheli of Village Haji Hashim Khaskheli, Badin, humbly requests every citizen of Pakistan to plant as many trees as they can because dense forestation will change the climate; there will be rain, making cities and towns greener. It will also g
Published 29 Nov, 2014 12:00am
ART FACTS: Metamorphosis of the metal

ART FACTS: Metamorphosis of the metal

Unique styles of sculptures which are movable as well as workable were revealed in an exhibition at Art Chowk Gallery, Karachi. The first solo show titled "Determination" is the journey of sculptor Muhammad Ismail who transforms his dreams into reality. U
Published 29 Nov, 2014 12:00am
Rose ingredients in cosmetics keep skin smooth and regenerating

Rose ingredients in cosmetics keep skin smooth and regenerating

The rose is the most popular flower in the perfumer's arsenal of fragrances at the moment, with countless cosmetic products on the market containing rose scent as an ingredient. For centuries the rose has been regarded as the queen of flowers around the w
Published 29 Nov, 2014 12:00am
Celebrating female empowerment through fashion

Celebrating female empowerment through fashion

From a jade green wool dress suit worn by former British prime minister Margaret Thatcher to the suffragettes' lace blouses, clothes have been a defining feature of women's empowerment, according to a new exhibition in London. "Women Fashion Power" at Lon
Published 29 Nov, 2014 12:00am
Mammy has her moment in 'Gone with the Wind' prequel

Mammy has her moment in 'Gone with the Wind' prequel

Nearly eight decades after she became one of the most famous supporting figures in American popular literature, Mammy has become the heroine of her own story in a prequel to "Gone with the Wind." "Ruth's Journey" by novelist and poet Donald McCaig comes 7
Published 29 Nov, 2014 12:00am
Readers, apps help direct online information flood

Readers, apps help direct online information flood

There was a time when people got the latest information from a newspaper in the morning and from the evening news on television before bedtime. Those days are long gone, thanks to the internet, which pushes everything from news items, updates on interesti
Published 29 Nov, 2014 12:00am
Cold hard facts: Underwater robot measures Antarctic sea ice

Cold hard facts: Underwater robot measures Antarctic sea ice

Measuring the thickness of Antarctic sea ice, an important gauge of environmental conditions in this remote polar region in a time of global climate change, has proven to be a tricky task. But an underwater robot is providing a nice solution. Satellite me
Published 29 Nov, 2014 12:00am
Banking culture creates the crooks, claims study

Banking culture creates the crooks, claims study

A cesspool of fraud and lies in the banking industry has come to light since the financial crisis of 2008, raising questions about how such rogue behaviour could have happened. What caused traders, asset managers and others in the money business to behave
Published 29 Nov, 2014 12:00am
Ebola: Simple methods of protection

Ebola: Simple methods of protection

Preventing infection by the Ebola virus entails simple but rigorously-observed methods of barrier protection and monitoring for signs of ill-health, say experts. These are recommendations by the World Health Organisation (WHO) and the US Centers for Disea
Published 29 Nov, 2014 12:00am
Oscar buzz swirls around Martin Luther King film 'Selma'

Oscar buzz swirls around Martin Luther King film 'Selma'

"Selma," a powerful new film about civil rights icon Martin Luther King, triumphed at its premiere in Los Angeles last week - while critics are predicting awards season glory. Co-starring Oprah Winfrey and rising British star David Oyelowo, the film recei
Published 29 Nov, 2014 12:00am
A Minute With: Max Irons on class divide, all-male banter

A Minute With: Max Irons on class divide, all-male banter

Max Irons may come from an illustrious acting family and has already had a taste of Hollywood, but he is very conscious of the empty and fleeting nature of fame and fortune. That awareness helped the British actor with his gritty role in new film "The Rio
Published 29 Nov, 2014 12:00am
'Paddington' film brings 1950s bear to 21st century London

'Paddington' film brings 1950s bear to 21st century London

He may be among the world's best beloved bears, but he also is one of the most endangered in the new movie "Paddington", in which Nicole Kidman co-stars as a taxidermist looking to complete her collection of rare animals. Due for release later this year,
Published 29 Nov, 2014 12:00am
'Horrible Bosses 2' reunites goofball trio

'Horrible Bosses 2' reunites goofball trio

After an unsuccessful attempt to murder their "Horrible Bosses" in the 2011 hit comedy, goofball buddies Nick, Kurt and Dale reunite in a sequel deciding to go into business for themselves and eliminate the need for managers. Or so they think. "Horrible B
Published 29 Nov, 2014 12:00am
BRIDGE NOTES: 'Heads I win, Tails you lose'

BRIDGE NOTES: 'Heads I win, Tails you lose'

Bridge problems faced at the table assume many dimensions and a player of ability and acumen usually deciphers the requirements essential for the making of the contract bid. In doing so he may not be a very knowledgeable player who is well versed in all B
Published 29 Nov, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 Nov, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 29 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 Friday (November 28, 2014).

Published 29 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 Friday (November 28, 2014).

Published 29 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 Friday (November 28, 2014).

Published 29 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 Friday (November 28, 2014).

Published 29 Nov, 2014 12:00am
PTI chief doing global oil mafia's bidding?

PTI chief doing global oil mafia's bidding?

The Federal Minister for Information, Broadcasting and National Heritage Pervaiz Rashid has alleged that international oil mafia may have paid Khan to sabotage government's efforts aimed at launching cheap hydel and coal electricity generation projects in
Published 29 Nov, 2014 12:00am
Exchange companies: SBP bans new franchises/third party network

Exchange companies: SBP bans new franchises/third party network

State Bank of Pakistan (SBP) on Friday slapped a ban on new franchises/third party network of Exchange Companies. The SBP also asked exchange companies for a strict monitoring of existing franchise/third party network to ensure that they are not involved
Published 29 Nov, 2014 12:00am
Exchange companies: SBP bans new franchises/third party network

Exchange companies: SBP bans new franchises/third party network

State Bank of Pakistan (SBP) on Friday slapped a ban on new franchises/third party network of Exchange Companies. The SBP also asked exchange companies for a strict monitoring of existing franchise/third party network to ensure that they are not involved
Published 29 Nov, 2014 12:00am
Exchange companies: SBP bans new franchises/third party network

Exchange companies: SBP bans new franchises/third party network

State Bank of Pakistan (SBP) on Friday slapped a ban on new franchises/third party network of Exchange Companies. The SBP also asked exchange companies for a strict monitoring of existing franchise/third party network to ensure that they are not involved
Published 29 Nov, 2014 12:00am
Banks, DFIs: deadlines for submission of quarterly reports advanced

Banks, DFIs: deadlines for submission of quarterly reports advanced

State Bank of Pakistan (SBP) on Friday advanced deadlines for submission of different quarterly reports. According to SBP, it has been decided to change the submission date of quarterly stress testing report w.e.f. December 31, 2014 and now all banks and
Published 29 Nov, 2014 12:00am
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