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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-10
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 10 Apr, 2015 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 10 Apr, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (April 09, 2015).

Published 10 Apr, 2015 12:00am
WCCI to be established at district level: SM Muneer

WCCI to be established at district level: SM Muneer

Chief Executive Officer (CEO) Trade Development Authority of Pakistan (TDAP), S M has Muneer said that the Women Chamber of Commerce and Industry (WCCI) would be established at district level to facilitate female entrepreneurs. He said this while speaking
Published 10 Apr, 2015 12:00am
Reuters news agency CEO departs for Euromoney

Reuters news agency CEO departs for Euromoney

Reuters news agency said Thursday its chief executive Andrew Rashbass is stepping down to join the business publishing firm Euromoney Institutional Investor Plc. Reuters, a unit of the financial information and media group Thomson Reuters, said Stephen Ad
Published 10 Apr, 2015 12:00am
Italy rocked by deadly court shooting

Italy rocked by deadly court shooting

An armed man on trial for bankruptcy fraud gunned down a judge and lawyer in a Milan court Thursday in an attack which left three dead and sent shockwaves through Italy. The man, named as Claudio Giardiello, 57, escaped on a scooter but was captured by po
Published 10 Apr, 2015 12:00am
French TV station hit by 'unprecedented' pro-Islamic State hack

French TV station hit by 'unprecedented' pro-Islamic State hack

France's TV5Monde television channel was forced to shelve its regular programming Thursday after falling victim to an "unprecedented" hack by self-proclaimed Islamic State militants, who also hijacked its website and social networks.
Published 10 Apr, 2015 12:00am
Bangladesh makes swimming lessons mandatory in schools

Bangladesh makes swimming lessons mandatory in schools

Bangladesh has made swimming lessons mandatory in schools to try to save the thousands of children who drown every year, a government official said Thursday. Around 18,000 children between the age of five and 17 drown in low-lying Bangladesh every year be
Published 10 Apr, 2015 12:00am
White backlash as colonial statue comes down in SA

White backlash as colonial statue comes down in SA

Black students celebrated the fall of a statue of British colonialist Cecil Rhodes at the University of Cape Town Thursday, as some white groups protested what they see as threats to their heritage. Cheers went up as a crane removed the huge bronze statue
Published 10 Apr, 2015 12:00am
Aussie and New Zealand $ resilient

Aussie and New Zealand $ resilient

The Australian and New Zealand dollars proved resilient on Thursday to weakness in commodity prices and strength in the US dollar, as the attraction of their relatively high yields drew demand against the euro and yen. The Australian dollar kept steady at
Published 10 Apr, 2015 12:00am
Cost of hedging sterling exposure soars

Cost of hedging sterling exposure soars

Rising nervousness in the currency market about the risk of prolonged political uncertainty after British elections next month has driven the cost of protection against wild swings in the pound to multi-year highs. Unlike last year, when many were caught
Published 10 Apr, 2015 12:00am
Egyptian pound steady

Egyptian pound steady

Egypt's central bank kept the pound steady at 7.53 to the dollar at a foreign exchange auction on Thursday, while the currency remained steady on the black market. The central bank has kept the official exchange rate steady for more than two months after
Published 10 Apr, 2015 12:00am
Higher yields shield Asia FX

Higher yields shield Asia FX

Most emerging Asian currencies held firm on Thursday as investors searched for higher yields in the region, despite lingering caution over US interest rate hikes.
Published 10 Apr, 2015 12:00am
Sri Lankan rupee forwards down

Sri Lankan rupee forwards down

Sri Lankan rupee forwards ended weaker on Thursday as importer dollar demand outpaced inflows from remittances and selling of the greenback by exporters, dealers said. Actively traded one-week forwards ended at 133.33/40 per dollar, compared with Wednesda
Published 10 Apr, 2015 12:00am
Dollar stays up in New York

Dollar stays up in New York

The dollar rose on Wednesday, gaining against other leading currencies for a third day, as Federal Reserve minutes showed that US policymakers were readying for a possible interest rate hike during 2015. The dollar index, which measures the greenback agai
Published 10 Apr, 2015 12:00am
Dollar index up half a percent more in Europe

Dollar index up half a percent more in Europe

The dollar was on course for a third day of gains on Thursday, after confidence in its year-long rally wavered in the face of disappointing data over the past month. On sterling, the cost of insuring against volatility over the next month, which now takes
Published 10 Apr, 2015 12:00am
Dollar rises in Asia

Dollar rises in Asia

The dollar touched a one-week high on Thursday, having enjoyed another leg up after two influential Federal Reserve officials kept alive expectations for a hike in interest rates sometime this year.
Published 10 Apr, 2015 12:00am
Yuan slips offshore

Yuan slips offshore

China's yuan fell on Thursday in the offshore market in Hong Kong, with speculation about a near-term US rate rise pushing up the dollar and offsetting a strong rally in Hong Kong stocks, which should increase demand for the yuan, traders said.
Published 10 Apr, 2015 12:00am
Pakistan's foreign exchange reserves up $16.7 billion

Pakistan's foreign exchange reserves up $16.7 billion

The country's foreign exchange reserves stood at $16.706 billion during the week that ended on April 3, reported the central bank on Thursday. The week under review saw the State Bank's reserves growing by $494 million to $11.617 billion compared to $11.1
Published 10 Apr, 2015 12:00am
Civil Judge escapes gun attack

Civil Judge escapes gun attack

Senior Civil Judge Sikandar Ameer on Thursday narrowly escaped a gun attack by some unidentified people in Karachi. As per details, the incident took place when as many as three armed motorcyclists opened firing at the car of civil judge near Malir who wa
Published 10 Apr, 2015 12:00am
IMsciences organises seminar

IMsciences organises seminar

The Institute of Management Sciences (IMsciences) organized a seminar on "Inspiring excellence, Successful women of Khyber Pakhtunkhwa." Shamama Arbab, CEO of Euro Foods, Suniya Sadullah Khan former engineer "Williams Team 1", Jamila Gillani former MNA an
Published 10 Apr, 2015 12:00am
Heightened political activity negatively impacts businesses

Heightened political activity negatively impacts businesses

The heightened political temperature amid the intense electioneering for April 23 by-polls on NA-246 constituency has negatively impacted businesses across the city for fear of violence and sense of insecurity.
Published 10 Apr, 2015 12:00am
KCCI exhibition 'My Karachi' to kick off today

KCCI exhibition 'My Karachi' to kick off today

12th international flagship event of Karachi Chamber of Commerce and Industry (KCCI) titled "My-Karachi: Oasis of Harmony Exhibition-2015" will begin today (Friday) at Expo Centre. Sindh Chief Minister Syed Qaim Ali Shah will be the chief guest at the exh
Published 10 Apr, 2015 12:00am
KP Police round up 634 suspects under NAP

KP Police round up 634 suspects under NAP

Khyber Pakhtunkhwa KP police rounded up 634 suspects and recovered huge cache of arms and ammunition in the ongoing search and strike operation conducted under National Action Plan (NAP) throughout the province.
Published 10 Apr, 2015 12:00am
NA-246 by-election 400,000 ballot papers printed

NA-246 by-election 400,000 ballot papers printed

Election Commission of Pakistan (ECP) has finalised arrangement for transportation of around 400,000 ballot papers for NA-246 by-election (Karachi). The ECP has involved Printing Corporation of Pakistan to print the ballot papers as per demand of contesti
Published 10 Apr, 2015 12:00am
Balochistan Assembly delegation visits embassy in Ankara

Balochistan Assembly delegation visits embassy in Ankara

A 16-member parliamentary delegation of Balochistan Assembly that also includes 11 female MPAs is currently visiting Turkey. Led by Speaker Balochistan Assembly Mir Jan Muhammad Khan Jamali, the delegation members visited Embassy of Pakistan in Ankara and
Published 10 Apr, 2015 12:00am
Pesco customer service centre opens

Pesco customer service centre opens

The management of Peshawar Electricity Supply Company (PESCO) is making all out efforts to facilitate its consumers and for this purpose, one of the Customer Services Centre has been renovated and computerised with the cooperation of USAID Power Distribut
Published 10 Apr, 2015 12:00am
SECP registers 521 companies in March

SECP registers 521 companies in March

The Securities and Exchange Commission of Pakistan (SECP) has registered 521 new companies in March 2015, witnessing an increase of 24 percent as compared to same period of last year. The SECP has registered 3,588 new companies during the first three quar
Published 10 Apr, 2015 12:00am
Employees' regularisation: IHC sets aside single bench verdict

Employees' regularisation: IHC sets aside single bench verdict

A division bench of the Islamabad High Court (IHC) on Thursday set aside a single member bench verdict that declared the recommendations of cabinet's sub-committee of last PPP-led government for regularisation of the contractual and daily wage employees n
Published 10 Apr, 2015 12:00am
Formulation of CIAR: CCP thanked for taking PAAPAM's viewpoint

Formulation of CIAR: CCP thanked for taking PAAPAM's viewpoint

The Chairman, Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM), Siddique Misri has thanked the Competition Commission of Pakistan (CCP) for giving due consideration to PAAPAM's viewpoint while formulating its Auto Sector Compe
Published 10 Apr, 2015 12:00am
Yemen conflict Rabbani underscores need for negotiated settlement

Yemen conflict Rabbani underscores need for negotiated settlement

Chairman Senate Mian Raza Rabbani has said that Pakistan strongly believes in peaceful and negotiated settlement of the situation in Yemen. He expressed these views in a meeting with Iranian Foreign Minister Dr Mohammad Javad Zarif at Parliament House on
Published 10 Apr, 2015 12:00am
Shahbaz meets Saudi Arabian's envoy

Shahbaz meets Saudi Arabian's envoy

Acting Ambassador of Saudi Arabia Jassim Mohammed Al-Khaldi met Punjab Chief Minister Shahbaz Sharif in Islamabad here on Thursday, in which regional situation, bilateral relations and matters of mutual interest were discussed. While speaking on the occas
Published 10 Apr, 2015 12:00am
Nuclear deal National Assembly Speaker praises Iran

Nuclear deal National Assembly Speaker praises Iran

Foreign Minister of Iran Dr Mohammad Javad Zarif, who is paying a two day official visit to Pakistan, called on Speaker National Assembly Sardar Ayaz Sadiq in Parliament House Thursday afternoon. The meeting was held in cordial atmosphere where ways and m
Published 10 Apr, 2015 12:00am
FTSE buoyed by Burberry, emerging markets

FTSE buoyed by Burberry, emerging markets

Britain's FTSE 100 rose on Thursday, as a recovery in emerging market-exposed stocks and gains in Burberry driven by bid speculation kept the index near all-time highs. The blue chip index closed up 1.1 percent at 7,015.36 points. It hit a record high of
Published 10 Apr, 2015 12:00am
SE Asian markets: Indonesia posts modest gains

SE Asian markets: Indonesia posts modest gains

Indonesian stocks posted modest gains on Thursday as foreign inflows lifted select large-caps while Thai banking shares outperformed as bargain hunting emerged ahead of quarterly results due out late next week. The Jakarta composite index finished the day
Published 10 Apr, 2015 12:00am
Indian shares near one-month high

Indian shares near one-month high

Indian shares closed at their highest in nearly a month, gaining for the fifth straight session on Thursday, with lenders such as State Bank of India rising after rating agency Moody's revised India's sovereign rating outlook.
Published 10 Apr, 2015 12:00am
M&A, car sales help European shares to highest since July 2007

M&A, car sales help European shares to highest since July 2007

European shares rose to their highest in nearly eight years on Thursday on the prospect of more corporate deals, as well as figures showing a strong recovery in Europe's auto sector and robust German data. The pan-European FTSEurofirst 300 index provision
Published 10 Apr, 2015 12:00am
Hong Kong shares hit seven-year highs

Hong Kong shares hit seven-year highs

Hong Kong stocks advanced to seven-year highs on Thursday in record turnover, but at the cost of Chinese markets, as mainland investors sought out the relatively cheap shares traded in the former British colony.
Published 10 Apr, 2015 12:00am
Chinese stocks slide

Chinese stocks slide

China stocks lost ground on Thursday, as mainland investors rushed to buy relatively cheaper Hong Kong shares, but some key sectors such as property found support from bargain hunters. Chinese investors snapped up the entire 10.5 billion yuan ($1.7 billio
Published 10 Apr, 2015 12:00am
Sri Lanka shares ease

Sri Lanka shares ease

Sri Lankan shares fell to a more-than-one-week low on Thursday led by illiquid shares such as Ceylon Tobacco Company Plc and Commercial Leasing & Finance Plc in low-volume trade while many investors and brokers stayed away ahead of holidays, dealers said.
Published 10 Apr, 2015 12:00am
US yields rise before 30-year auction

US yields rise before 30-year auction

US Treasuries yields rose on Thursday as investors made room for $13 billion in supply of an older 30-year bond issue and a smaller-than-expected rise in weekly jobless claims soothed some worries about domestic labour conditions softening. Greece making
Published 10 Apr, 2015 12:00am
US yields rise before 30-year auction

US yields rise before 30-year auction

US Treasuries yields rose on Thursday as investors made room for $13 billion in supply of an older 30-year bond issue and a smaller-than-expected rise in weekly jobless claims soothed some worries about domestic labour conditions softening. Greece making
Published 10 Apr, 2015 12:00am
Australian shares dip

Australian shares dip

Australian shares dipped on Thursday as mining and energy firms came under pressure, though retailers and other discretionary stocks edged up. The S&P/ASX 200 index shed 0.5 percent or 28.5 points to 5,932.2, but remained within sight of a seven-year peak
Published 10 Apr, 2015 12:00am
Wall Street ends with modest gains after Fed minutes

Wall Street ends with modest gains after Fed minutes

US stocks ended a volatile session with modest gains on Wednesday after minutes from a US Federal Reserve meeting indicated that the central bank remained on track for a interest rate hike this year. Major indexes moved between negative territory and sess
Published 10 Apr, 2015 12:00am
Thursday's early afternoon trade: stocks little changed

Thursday's early afternoon trade: stocks little changed

US stocks were little changed in choppy trading on Thursday after initial jobless claims data rose less than expected, suggesting an abrupt slowdown in job growth in March could be temporary. The energy sector helped buoy the market with a 1.2 percent gai
Published 10 Apr, 2015 12:00am
Nikkei hits 15-year high again

Nikkei hits 15-year high again

Tokyo's benchmark index hit a 15-year high on Wednesday after Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds and as regional bourses appeared to benefit from rotation of funds out of US equities. Retailers and othe
Published 10 Apr, 2015 12:00am
Gulf markets mostly up, Egypt bourse continues recovery

Gulf markets mostly up, Egypt bourse continues recovery

Most major Gulf stock markets rose on Thursday as positive corporate news and earnings outweighed a pull-back of oil prices, while Egypt continued its bounce from three-month lows. Brent crude plunged 6 percent on Wednesday because of a shock jump in US c
Published 10 Apr, 2015 12:00am
US jobless claims data point to strengthening labour market

US jobless claims data point to strengthening labour market

The number of Americans filing new claims for jobless benefits rose less than expected last week and the four-week moving average of claims hit its lowest level since 2000, suggesting an abrupt slowdown in job growth in March was likely a fluke. Initial c
Published 10 Apr, 2015 12:00am
Fitch switches outlook on Brazil's BBB rating to negative

Fitch switches outlook on Brazil's BBB rating to negative

Fitch Ratings lowered Thursday the outlook on Brazil's investment grade BBB rating to negative, warning that government efforts to turn around the economy risked getting derailed. "Brazil's continued economic underperformance, increased macroeconomic imba
Published 10 Apr, 2015 12:00am
Bank of England leaves interest rate at 0.5 percent

Bank of England leaves interest rate at 0.5 percent

The Bank of England on Thursday voted to keep its main interest rate at 0.50 percent, opting for stability in its last meeting before next month's British general election. As well as keeping the rate at a record-low level, policymakers decided to maintai
Published 10 Apr, 2015 12:00am
Refineries revolution to spur use of oil products supertankers

Refineries revolution to spur use of oil products supertankers

The rapid growth of mega refineries is prompting a new class of oil products supertankers, mirroring an earlier revolution in crude oil shipping, as traders look for scale that was previously not economically viable.
Published 10 Apr, 2015 12:00am
World needs aggressive action to boost turgid growth: IMF

World needs aggressive action to boost turgid growth: IMF

International Monetary Fund Chief Christine Lagarde warned Thursday that rich and poor countries alike need more aggressive reform and investment to wrest the global economy from sluggish growth. Saying that the world is mired in a "new mediocre," the hea
Published 10 Apr, 2015 12:00am
100 billion barrels of oil in ground near Gatwick

100 billion barrels of oil in ground near Gatwick

An oil exploration firm said Thursday that it had discovered 100 billion barrels of oil in the ground next to Gatwick Airport outside London. Although only between three and 15 percent of the total is likely to be extractable, UK Oil & Gas Investments (UK
Published 10 Apr, 2015 12:00am
Eurozone growth momentum strengthening: OECD

Eurozone growth momentum strengthening: OECD

Growth momentum is strengthening in the eurozone, OECD data released Thursday showed, while China's economic expansion is slowing. "In Italy and France, the signs of a positive change in momentum, which were assessed as tentative in March, have now been c
Published 10 Apr, 2015 12:00am
Malta ends power cuts with Europe cable link

Malta ends power cuts with Europe cable link

Malta prepared Thursday to say goodbye to power cuts thanks to an underwater cable linking it to mainland Europe, which will serve as back up if the country's power stations overload. The European Union's smallest island member state has depended until no
Published 10 Apr, 2015 12:00am
Iran seeks to mend fences with Chinese oil firms to get projects going

Iran seeks to mend fences with Chinese oil firms to get projects going

Iran hopes to resolve differences with Chinese energy companies on oil and gas projects in the Islamic republic, as Tehran wants to be ready to raise output quickly after a potential lifting of sanctions this year, Iranian oil officials said on Wednesday.
Published 10 Apr, 2015 12:00am
LinkedIn buys education site lynda.com for $1.5 billion

LinkedIn buys education site lynda.com for $1.5 billion

The career social network LinkedIn said Thursday it was buying the online learning site lynda.com in a cash-stock deal valued at $1.5 billion. The deal ties the 300-million member social network with an educational group which offers language training and
Published 10 Apr, 2015 12:00am
Workers strike at Chilean airline LAN

Workers strike at Chilean airline LAN

Workers went on strike Thursday at Chilean airline LAN, demanding a 15-percent raise and vowing to disrupt flights. LAN, a subsidiary of Brazil-based LATAM Airlines, showed long delays for certain flights on its website, but said they were caused by bad w
Published 10 Apr, 2015 12:00am
EU says Sudan polls cannot produce 'credible' result

EU says Sudan polls cannot produce 'credible' result

The EU said Thursday that next week's Sudan elections, widely expected to see President Omar al-Bashir extend his 25-year rule, cannot produce a "credible" result. Bashir faces 15 little-known challengers while the main opposition parties are boycotting t
Published 10 Apr, 2015 12:00am
Algeria army kills four armed Islamists

Algeria army kills four armed Islamists

Algerian troops killed four armed Islamists and recovered weapons and ammunition during an operation not far from the capital on Thursday, the defence ministry said. The four were shot in Oued Ouakser, some 40 kilometres (25 miles) west of Algiers, a stat
Published 10 Apr, 2015 12:00am
Mali asks UN to help seal peace deal

Mali asks UN to help seal peace deal

Mali's foreign minister asked the UN Security Council on Thursday to ratchet up pressure on a holdout rebel group standing in the way of a landmark peace deal. Abdoulaye Diop urged the 15-member council to endorse the Algerian-brokered draft peace accord
Published 10 Apr, 2015 12:00am
Third of Yemen fighters are children: UNICEF

Third of Yemen fighters are children: UNICEF

Children make up a third of fighters in the armed groups in conflict-wracked Yemen, a UN official said Thursday, also warning that malnutrition levels in the country were set to explode. "We are seeing children in battle, at check-points and unfortunately
Published 10 Apr, 2015 12:00am
'World first' for extreme premature baby dialysis in Poland

'World first' for extreme premature baby dialysis in Poland

An extremely premature Polish infant weighing just 820 grammes (1.8 pounds) has become the world's smallest and youngest patient to escape death thanks to an artificial kidney, according to the doctor who oversaw the treatment.
Published 10 Apr, 2015 12:00am
Palestinian police deploy near Jerusalem for first time

Palestinian police deploy near Jerusalem for first time

Palestinian police have for the first time been deployed in three areas of the West Bank near annexed east Jerusalem, Palestinian and Israeli sources said on Thursday. "For the first time, members of the Palestinian police wearing uniform and carrying wea
Published 10 Apr, 2015 12:00am
Sri Lanka to drop plans stripping president's executive powers

Sri Lanka to drop plans stripping president's executive powers

Sri Lanka said Thursday it was dropping promised plans to strip the president of some of his executive powers after the Supreme Court ruled that the move required a referendum. Prime Minister Ranil Wickremesinghe said he was withdrawing sections of a bill
Published 10 Apr, 2015 12:00am
Palestinians back joint Yarmuk operation with Syria army: PLO

Palestinians back joint Yarmuk operation with Syria army: PLO

A group of 14 Palestinian factions said Thursday they backed a joint military operation with the Syrian government to expel Islamic State group jihadists from the Yarmuk camp in southern Damascus. After a meeting of the factions in the Syrian capital, Pal
Published 10 Apr, 2015 12:00am
India bans Greenpeace from receiving foreign funds

India bans Greenpeace from receiving foreign funds

India on Thursday suspended Greenpeace India's foreign funding licence, the latest move against the environmental watchdog after the government accused it of hurting the country's economic interests. India's home ministry issued a notice saying the ban wa
Published 10 Apr, 2015 12:00am
Russia opens first museum for Brodsky

Russia opens first museum for Brodsky

Russia has opened it first museum to dissident poet Joseph Brodsky in the remote house where he lived after being sent into internal exile by the Soviet authorities. The museum - in the abandoned former farming village of Norinskaya, around 600 kilometres
Published 10 Apr, 2015 12:00am
Ukraine outlaws Communist names in fresh break with Soviet past

Ukraine outlaws Communist names in fresh break with Soviet past

Ukraine on Thursday outlawed Communist names, symbols and even songs in a fresh break with the country's Soviet past as its soldiers fight pro-Russian separatists in the east. The legislation, which also targets Nazi propaganda was adopted by 254 votes in
Published 10 Apr, 2015 12:00am
SU employees given possession of plots

SU employees given possession of plots

The Sindh University syndicate has approved the handing over of the physical possession of the plots allotted to the employees of the varsity at Muhtarma Benazir Bhutto Staff Housing Scheme. It also sanctioned to allot the plots to the employees of all th
Published 10 Apr, 2015 12:00am
ICE cotton falls after USDA raises supply forecasts

ICE cotton falls after USDA raises supply forecasts

Cotton futures fell on Thursday after a monthly US government supply and demand report showed increases in projections for United States and world inventories, outweighing the impact of a generally positive weekly export sales report. The front-month May
Published 10 Apr, 2015 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures slipped on Wednesday for a third straight day, pressured by fund selling. Volume was thin, and canola pared losses in late trading as soybeans inched higher. May canola eased 40 cents at $453.40 per tonne.
Published 10 Apr, 2015 12:00am
CBOT wheat futures mixed

CBOT wheat futures mixed

Wheat futures on the Chicago Board of Trade settled mixed on Wednesday in choppy, technical trade a day ahead of the USDA's monthly supply/demand report, traders said. Pressure from plentiful global wheat stocks and poor export demand for US supplies offs
Published 10 Apr, 2015 12:00am
Gram prices higher on grain market

Gram prices higher on grain market

An upward trend persisted on the wholesale grain market on Thursday in the process of trading, dealers said. On the cereals side, Urad Burma gained Rs 125 to Rs 12000, other commodities maintained overnight levels, they said.
Published 10 Apr, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.072 billion. The number of lots traded was 27,559. PMEX Commodity Index closed at 2,582. Major business was contributed by crude oil amounting to PKR 2.393 billion. This was follow
Published 10 Apr, 2015 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold retreated for a third straight session early on Thursday on a stronger dollar after comments from US Federal Reserve officials kept alive expectations for an interest rate rise some time this year despite recent weak economic data. New York Fed Presi
Published 10 Apr, 2015 12:00am
US MIDDAY: soya and grains drop

US MIDDAY: soya and grains drop

US grain and soyabean futures fell to their lowest levels in more than a week on Thursday ahead of the release of a US crop report that is expected to confirm world supplies are plentiful. Forecasts for rain in the US Plains added pressure to wheat future
Published 10 Apr, 2015 12:00am
Gold retreats in Europe

Gold retreats in Europe

Gold retreated for a third straight session on Thursday on a stronger dollar after Federal Reserve officials kept alive expectations for an interest rate rise some time this year despite recent weak economic data. New York Fed President William Dudley and
Published 10 Apr, 2015 12:00am
Gold falls in Asia

Gold falls in Asia

Gold retreated for the third session in a row on Thursday after comments from Federal Reserve officials suggested that a rate increase in June remained on the caards despite recent weak data Bullion pulled further away from a seven-week high reached on Mo
Published 10 Apr, 2015 12:00am
Gold down in New York

Gold down in New York

Gold extended losses on Wednesday, falling below $1,200 an ounce after US Federal Reserve minutes revealed an interest rate hike could take place as early as June, causing the dollar to turn higher. The March meeting concluded with the Fed opening the doo
Published 10 Apr, 2015 12:00am
Sugar and cocoa dip

Sugar and cocoa dip

Raw sugar and cocoa futures dipped under pressure from a stronger dollar on Thursday, while arabica coffee defied the session's weak trend and rose on a crop forecast for top grower Brazil that was viewed as bullish. Volume was heavy in all ICE Futures US
Published 10 Apr, 2015 12:00am
Palm oil slides to near 2-1/2-month low

Palm oil slides to near 2-1/2-month low

Malaysian palm oil futures fell for a third day on Thursday to a near 2-1/2-month low as estimates of a surge in crude palm oil production in the world's top growers increased fears that supplies would overwhelm lacklustre demand. The Malaysian Palm Oil A
Published 10 Apr, 2015 12:00am
Corn drops ahead of USDA report

Corn drops ahead of USDA report

US corn futures fell for the third day in a row on Wednesday as traders staked out positions ahead of a government report that was expected to boost projections for supplies of the grain at the end of the crop year, traders said. Chicago Board of Trade so
Published 10 Apr, 2015 12:00am
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