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
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
Cocoa arrivals at ports in top grower Ivory Coast reached around 820,000 tonnes by January 4 since the start of the season on October 1, exporters estimated on Monday, down from 954,000 tonnes in the same period of the previous season. Exporters estimated
US natural gas futures gained over 2.2 percent on Monday on forecasts for more cold weather over the next two weeks. After gaining 4 percent on Friday, front-month gas futures on the New York Mercantile Exchange rose 6.8 cents to $3.071 per million Britis
CBOT March corn may retest a support at $3.96 per bushel, a break below which will lead to a further loss to $3.91. The support is provided by the 50 percent Fibonacci retracement on the rise from the November 20 low of $3.75-1/4 to the December 29 high o
Asian gasoil and jet fuel prices fell to a five- and a-half-year low on Monday, tracking a decline in underlying crude oil prices, with an increase in spot supply masking any impact lower prices might have on demand, traders said. The benchmark 500 ppm su
Indian soyabean edged up on Monday on good export demand for soyameal, while a rise in US soyabean futures also aided sentiment. Rapeseed futures, however, fell on profit-taking. The February soyabean contract edged up 0.03 percent to 3,482 rupees per 100
The January vaida was down and March contract was unchanged on the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The January contract closed at Rs 1568.50 on Saturday and it opened with a decline of 20 paisa at Rs 15
Listless business was seen on the cotton market on Monday as mills and spinners kept on the sidelines after satisfactory PCGA report and sharp fall in the NY cotton futures recently, dealers added. The official spot rate was unchanged at Rs 4,900, they sa
China has bought about 120,000 tonnes of hard wheat in past days, European traders said on Monday. The purchase involved two consignments of about 60,000 tonnes for nearby shipment, they said. Origin was unclear but may include some Australian and US whea
Vietnam is projected to export 7 million to 7.5 million tonnes of rice this year, mainly to China and Southeast Asian countries, after shipping around 7.5 million in 2014, a state-run online news site said, citing industry targets. The sales may include 2
Firmness prevailed on the wholesale grain market on Monday as a few commodities depicted little changes in the process of trading, dealers said. On the rice sector, Basmati No 386 red new low type gained Rs 100 to Rs 6400 while the good quality was unchan
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.571 billion as compared to PKR 1.540 billion reported on Wednesday, an increase of 67 percent. The number of lots traded also increased by 30 percent to 16,625 from 12,813. PMEX Commo
Israeli polished diamond exports edged higher in 2014 despite a difficult global market, and industry leaders expect further growth in 2015. Exports of the polished stones rose 0.6 percent to $6.3 billion last year, while exports of both polished and roug
Ukraine is receiving steady supplies of Russian natural gas, Maxim Belyavsky, spokesman for Ukrainian gas transport monopoly Ukrtransgaz, said on Monday. "The supplies are stable. In December, we received a total of 518 million cubic metres (mcm) of Russi
India passed an executive order on Monday to allow the auction of minerals such as iron and bauxite, a government official said, as it does for coal, to help arrest a fall in output and cut imports. India used to hand over mining licences to firms without
The Karachi Port handled 198,137 tonnes of cargo comprising 128,146 tonnes of import cargo and 69,991 tonnes of export cargo including 4,892 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 128
Malaysian palm oil futures fell in choppy trade on Monday, dragged lower as oil prices slid to fresh 5-1/2-year lows, although losses in the ringgit and concerns over floods curbing palm supply propped up the market. Oil prices dropped to fresh 5-1/2-year
The most-traded copper contract on the Shanghai Futures Exchange closed down 1.2 percent at 45,080 yuan a tonne on Monday with a stronger dollar pressuring prices although expectations of more stimulus measures in China and Europe put a floor under the ma
Copper hit its lowest in 4-1/2 years on Monday, hurt by a rising dollar and uncertainty about demand from consuming giant China after the government unveiled a new export tax rebate for some copper products. Three-month copper on the London Metal Exchange
Benchmark Tokyo rubber futures ended up 0.5 percent on Monday, off a six-month high hit earlier due to weak Shanghai futures, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, earlier rose
Saudi Arabia made deep cuts to its monthly oil prices for European buyers on Monday, a move some analysts said reflects the kingdom's deepening defence of market share, although it also hiked prices in Asia from record lows. State oil firm Saudi Aramco cu
Arabica coffee futures recovered on Monday after being pushed to a 5-1/2-month low by a stronger US dollar, while raw sugar gained ground from a 3-month trough, pressured by hefty stocks and weak oil prices. Cocoa futures firmed on chart-based buying as t
Gold reversed early losses on Monday to trade higher for a second straight session, supported by strong buying from top consumer China, which offset a firm dollar. The dollar index, a measure of the greenback's strength against a basket of six major curre
Gold rose for a second straight session on Monday as buying from top consumer China picked up ahead of the Lunar New Year and European shares fell, but the metal remained vulnerable to losses due to a strong dollar. Demand from buyers in China was reflect
US soyabean, corn and wheat futures rallied early on Monday, rebounding from sharp losses on a round of bargain buying, traders said. "People are coming back from holiday and saying 'look at how hard things got hit' and maybe thinking that it was a little
Gold rose one percent on Monday as global shares fell early on concerns over the future of Greece in the euro zone and lower oil prices, while buying from top consumer China picked up ahead of the Lunar New Year. Spot gold rose to a session-high of $1,201
Ireland's tax take was 3.1 percent above target in 2014 as government spending, while falling, ended the year 2 percent above profile following a jump in the health and capital budgets in December, data showed on Tuesday. A nine percent year-on-year rise
Spain's jobless queue shrank in 2014 for the second straight year, the government said Monday, a fresh sign the economy is recovering from an economic crisis sparked by the collapse of a property bubble in 2008. The number of people in Spain registered as
Prime Minister Narendra Modi on Monday named right-leaning economist Arvind Panagariya to run his new Policy Commission, hammering a final nail into the coffin of socialist planning that defined the first 67 years of independent India. Panagariya, a profe
McDonald's Japan said Monday it was facing more chicken nugget woes after a customer found a piece of vinyl inside the popular menu item. The company said the foreign object was discovered at an outlet in the northern city of Misawa, in a nugget sourced f
A country's membership in the eurozone is "irrevocable," a European Commission spokeswoman said Monday when asked about Greece's possible exit from the single currency union following elections this month. "Euro membership is irrevocable," spokeswoman Ann
Inflation in Germany, Europe's biggest economy, hit a five-year low in December, data showed Monday, turning up the heat on the European Central Bank to do more to ward off the threat of deflation, analysts said. In a preliminary flash estimate, the feder
Annual inflation in Turkey ticked up to 8.17 percent in 2014, slightly higher than 2013 and well over the central bank's medium-term target, the state statistics office said Monday. However the figure was lower than expected by analysts, with inflation fa
China has instituted a system of export permits for rare earth metals, used in hi-tech goods such as mobile phones, the government said, with state-run media describing the move as an abolition of export quotas. China accounts for over 90 percent of globa
The European Union said Monday the United States will resume beef imports from Ireland as a "welcome first step" to lifting its ban on EU beef exports imposed in 1998 due to mad cow disease. The easing of the stand-off over beef imports comes as the US an
US automakers reported strong domestic sales in December, capping solid annual growth for General Motors and the newly renamed Chrysler, but a flat year for Ford. GM said it had the best December in seven years, with a 19 percent year-on-year rise in US u
China has published draft rules to allow foreign investors to trade in some of the country's commodities futures, potentially paving the way for an imminent opening of a booming market as Beijing looks to increase its sway on global commodity pricing. Chi
German carmaker BMW has agreed to offer 5.1 billion yuan (686 million euros, $818 million) in subsidies to its Chinese dealers to help make up for losses from slowing sales, Bloomberg news agency reported Monday. Quoting a top official from the China Auto
J.P. Morgan Chase & Co has become the first bank to settle a US antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with t
J.P. Morgan Chase & Co has become the first bank to settle a US antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with t
South Africa's rand slipped against the dollar on Monday as markets bet a relatively healthy US economy will lead the Federal Reserve to raise rates in the middle of this year. The rand slipped to 11.7100 at 1452 GMT, little changed against the greenback
The euro fell to a nine-year low against the dollar on Monday as bets mounted that the currency will suffer further declines, faced with the possibility of more monetary easing by the European Central Bank and its diminishing status as a reserve currency.
The euro tumbled to near a nine-year low on Monday, undercut by growing concerns that Greek parliamentary elections will result in a left-wing government that will aim to cancel austerity measures along with a big portion of Greece's debt. The left-wing S
The euro hit its lowest since early 2006 on Monday, unsettled by the expectations of monetary easing and concerns about Greece that kept the currency under pressure at the back end of 2014. The dollar rose across the board, starting 2015 as many investors
Interbank buy/sell rates for the taka against the dollar on Monday. 77.95-77.95 (previous 77.95-77.95). Call Money Rates: 08.00-09.90 percent (* Previous 07.00-09.90 percent). (* revised).
The Egyptian pound held steady at a central bank dollar sale on Monday and strengthened on the black market. The bank offered $40 million at the sale and said it had sold $38.4 million at a cut-off price of 7.1401 pounds to the dollar, a rate unchanged fr
The Indonesian rupiah and Malaysian ringgit lost the most against the US dollar on Monday as some of Asian markets traded for the first time in the new year, reacting to falling oil prices, a weakening euro and a broad aversion to risky trades. The euro f
The Australian and New Zealand dollars came under pressure in thin trade on Monday, as growing speculation of drastic monetary easing in Europe gave a boost to the US dollar. The Australian dollar dropped to a 5-1/2-year trough of $0.8053, as the US dolla
Sterling slipped against a rallying dollar on Monday, after yet another set of weaker-than-expected economic UK data boosted bets that the Bank of England will not raise interest rates any time this year. Numbers released on Monday showed Britain's constr
China's yuan edged down against the dollar on Monday after the central bank set the weakest official midpoint in nearly a month to reflect strength in the global dollar index. The currency shrugged off a rule relaxation that allows more room to short doll
Neil Adams has resigned as manager of Norwich City but will return to work for the club later this year, the English second-tier club announced via Twitter on Monday. The 49-year-old stands down following Norwich's 2-0 loss to Preston North End in the FA
Former Formula One driver Jean-Pierre Beltoise, whose biggest win came at the 1972 Monaco Grand Prix, has died from a stroke in Dakar at the age of 77, family sources said on Monday After a successful career in motorbike racing, Frenchman Beltoise switche
British number one Andy Murray conceded he was being troubled by a lingering left shoulder problem after he opened his Hopman Cup account with a straight-sets win over Frenchman Benoit Paire at the Perth Arena on Monday. The world number six had few probl
England must forget about former captain Alastair Cook as they begin preparations for the World Cup, fast bowler James Anderson said in a British newspaper interview published on Monday. Test skipper Cook lost his one-day role in December following a run
Kane Williamson and BJ Watling produced an unbroken sixth wicket stand of 94 to keep New Zealand alive on the third day of the second Test against Sri Lanka in Wellington on Monday. New Zealand were 253-5 at stumps, a 118-run advantage with five wickets i
Chelsea manager Jose Mourinho has apologised for criticising referee Kevin Friend in the aftermath of his side's 3-0 win over Watford in the FA Cup at the weekend. Mourinho complained in a television interview that his side should have been awarded a pena
A row over the recording of an Asian Cup warm-up game has affected Kuwait's preparations but the Gulf side still feel they can upset hosts Australia in Friday's tournament opener. Their friendly against the United Arab Emirates at the weekend was abandone
Steady rain threatened to prevent any play on the fourth day of the third and final Test between South Africa and the West Indies at Newlands on Monday. Rain fell from early morning and continued to fall at the scheduled resumption of play. With ground st
Barcelona on Monday sacked their sports director Andoni Zubizarreta, just days after the main international sports appeal court backed a one year transfer ban against the Spanish giants. "The FC Barcelona President Josep Maria Bartomeu has decided to term
Czech player Karolina Pliskova spoiled Victoria Azarenka's comeback bid after an injury-marred 2014, winning a gruelling first-round match at the Brisbane International on Monday. Pliskova displayed incredible fighting spirit to hold off the former world
US prosecutors on Monday charged two men with conspiring to overthrow the government of Gambia, in the latest fall-out from last week's failed coup attempt in the small West-African nation. US-Gambian dual national Papa Faal and US resident Cherno Njie we
Democratic Republic of Congo rebel leader Cobra Matata arrived handcuffed in the capital Kinshasa Monday amid army accusations that he'd sought to resume his insurgency in the country's north-east. A ranking officer of the Congolese army told AFP Sunday t
Ex-interior minister Habib Essid, who held a number of posts under Tunisia's ousted regime, has been tasked with forming a government as prime minister designate, he announced Monday. Essid, a top interior ministry civil servant under toppled dictator Zin
Bangladeshi Prime Minister Sheikh Hasina accused her besieged opposition rival of trying to trigger anarchy Monday as security forces clamped down on protests on the first anniversary of her controversial re-election. After main opposition leader Khaleda
Indonesia Monday ordered the suspension of aviation officials as it investigates the crash of AirAsia Flight 8501, also promising action against any domestic airlines violating their flying permits. The crackdown came as a major search in the Java Sea ent
Two skiers, believed to be US nationals, were killed in an avalanche while skiing in the western Austrian resort of Soelden, rescuers said Monday. The avalanche was apparently started by the two skiers as they left the prepared slopes to go off piste. A l
Three Saudi guards including a top commander were killed on Monday in a rare attack and suicide bombing by "terrorists" on the kingdom's border with Iraq, the interior ministry said. Four attackers were also killed in the clash, two in suicide blasts.
A Taliban suicide bomb hit a European Union police vehicle in Kabul on Monday, killing at least one passer-by but not wounding any passengers, officials said, days after the Nato combat mission ended in Afghanistan. The blast, which was heard across the c
An Iraqi military base in the country's western Anbar province is coming under frequent mortar fire from Islamic State jihadists, but the attacks have caused no injuries to US troops deployed there, the Pentagon said Monday. The mortar attacks underline t
Libya's internationally recognised government on Monday appealed for weapons to combat militias which have seized parts of the oil-rich nation, at an emergency meeting of the Arab League. "We call on the international community to assume its legal and mor
Taiwan's ailing ex-president Chen Shui-bian was freed from prison on medical parole Monday after serving six years of a 20-year sentence for graft, as political leaders called for reconciliation on the deeply divided island. The 64-year-old, who led Taiwa