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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-06-10
Laptop scheme attracts serious objections

Laptop scheme attracts serious objections

The procurement of 200,000 laptops by the Higher Education Commission (HEC) under the Prime Minister Laptop Scheme became controversial after the Transparency International (TI-Pakistan) raised serious objections and threatened to dissociate itself from t
Published 10 Jun, 2015 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Tuesday (June 09, 2015).

Published 10 Jun, 2015 12:00am
Sterling falls against dollar
Currency

Sterling falls against dollar

Sterling slipped against the dollar on Tuesday, suffering from persistent concerns over the strength of Britain's economy, even after data showed the UK trade deficit in April was the smallest in over a year. The contraction in the trade gap to 1.202 bill
Published 10 Jun, 2015 12:00am
Egyptian pound stable

Egyptian pound stable

Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on Tuesday, with black market rates also stable. The central bank has held the official exchange rate unchanged for four months since letting th
Published 10 Jun, 2015 12:00am
Asian forex: Rupiah touches 17-year low; won and baht up
Currency

Asian forex: Rupiah touches 17-year low; won and baht up

The Indonesian rupiah touched a 17-year low versus the dollar on Tuesday as Indonesian shares tumbled on concerns about the slowing economy, although a broad pull-back in the dollar helped lend support to Asian currencies. The rupiah hit a low of 13,384 v
Published 10 Jun, 2015 12:00am
Sri Lankan rupee rises
Currency

Sri Lankan rupee rises

The Sri Lankan rupee ended slightly firmer on Tuesday after a state-run bank sold dollars at 133.80, cutting the spot rupee's level by 10 cents from the previous session, dealers said. The spot currency traded at 133.80 compared with Monday's close of 133
Published 10 Jun, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent. (Previous 05.25-06.75 percent).
Published 10 Jun, 2015 12:00am
Dollar drops versus euro, yen in New York
Currency

Dollar drops versus euro, yen in New York

The dollar dropped 1.5 percent against the euro and slipped from 13-year highs against the Japanese yen on Monday, as European sovereign yields rose and investors pared bets on the greenback driven by Friday's robust US jobs data. The euro was nearing $1.
Published 10 Jun, 2015 12:00am
Early trade in New York: Dollar edges up
Currency

Early trade in New York: Dollar edges up

The dollar inched ahead on Tuesday, eroding its previous session's loss, helped by a rise in US bond yields and expectations that a Federal Reserve interest rate hike may come as early as September. The euro, which rose 1.5 percent against the dollar on M
Published 10 Jun, 2015 12:00am
Dollar steadies against currencies basket in Europe
Currency

Dollar steadies against currencies basket in Europe

The dollar steadied against a basket of major currencies on Tuesday, having unwound most of its post-payrolls gains on lingering worries about whether US authorities are comfortable with its recent strength. With US two-year Treasury yields having fallen
Published 10 Jun, 2015 12:00am
Dollar firms in Asia
Currency

Dollar firms in Asia

The dollar steadied against major counterparts in early Asian trading on Monday, managing to regain its footing after a sharp drop against the euro on solid German data and higher Bund yields. The euro was buying $1.1281, down 0.1 percent on the day and r
Published 10 Jun, 2015 12:00am
Yuan inches up
Currency

Yuan inches up

China's yuan inched up against the dollar on Tuesday, after the central bank set the official guidance rate higher. The People's Bank of China (PBoC) set midpoint rate at 6.1179 per dollar prior to market open, 0.04 percent firmer than the previous fix at
Published 10 Jun, 2015 12:00am
UK's top shares index falls as HSBC overhaul fails to impress

UK's top shares index falls as HSBC overhaul fails to impress

Britain's top shares fell on Tuesday as a new turnaround plan from Europe's biggest bank, HSBC, failed to impress markets. HSBC took the most points off the bluechip FTSE 100 index. Its shares closed down 0.9 percent after investors and analysts questione
Published 10 Jun, 2015 12:00am
Southeast Asian markets down amid foreign outflow
Currency

Southeast Asian markets down amid foreign outflow

Southeast Asian stock markets closed weaker on Tuesday, led by Indonesia and the Philippines as weaker currencies and concerns over an early rate hike by the Federal Reserve weighed on sentiment. The declines were exacerbated by foreign investors exit fro
Published 10 Jun, 2015 12:00am
Australian shares drop

Australian shares drop

Australian shares fell to their lowest in four months on Tuesday, led by losses in the mining and financial sectors on worries about China's economy. The S&P/ASX 200 index slipped 0.5 percent to 5,471.3 to show a sixth consecutive session of losses. The b
Published 10 Jun, 2015 12:00am
European shares hit 3-1/2-month low

European shares hit 3-1/2-month low

European shares slipped to a 3-1/2-month low on Tuesday in a global equities sell-off on mounting concern over the impact of a US rate hike cycle from as early as September. The FTSEurofirst 300 index of top European shares fell for a sixth straight sessi
Published 10 Jun, 2015 12:00am
China's stocks slip

China's stocks slip

China shares closed lower on Tuesday, hours ahead of MSCI's decision on including mainland stocks in its global indexes, as some investors took profit in bluechips after soft inflation data suggested the economy was still struggling. The CSI300 index of t
Published 10 Jun, 2015 12:00am
Hong Kong shares at two-month low

Hong Kong shares at two-month low

Hong Kong's Hang Seng index fell more than 1 percent on Tuesday to its lowest close in two months, as investor risk appetite was curbed by political uncertainty and concerns over the impact of a possible US interest rate rise later this year. Analysts als
Published 10 Jun, 2015 12:00am
Indian shares tumble

Indian shares tumble

Indian shares fell on Tuesday, heading towards their lowest close in nearly eight months on worries China's potential inclusion in the MSCI Emerging Market index may tactically hurt portfolio flows, while exporters declined on the rupee's strength. US ind
Published 10 Jun, 2015 12:00am
Sri Lankan shares at over seven-week low

Sri Lankan shares at over seven-week low

Sri Lanka's stock index fell for the second straight session on Tuesday to close at its lowest in more than seven weeks, with turnover slumping to a near three-month low as concerns over political uncertainty dented demand for risky assets. President Mait
Published 10 Jun, 2015 12:00am
US bond yields fall

US bond yields fall

Yields on US Treasury debt ended mostly lower on Monday with benchmark yields retreating from seven-month highs as concerns about Greece and its ability to avert default renewed demand from investors for lower-risk government debt. Greece and its creditor
Published 10 Jun, 2015 12:00am
US bond yields fall

US bond yields fall

Yields on US Treasury debt ended mostly lower on Monday with benchmark yields retreating from seven-month highs as concerns about Greece and its ability to avert default renewed demand from investors for lower-risk government debt. Greece and its creditor
Published 10 Jun, 2015 12:00am
Taiwan stocks plummet

Taiwan stocks plummet

Taiwan stocks ended sharply lower at a near five-month low on Tuesday, falling with regional bourses. The main TAIEX index fell 1.9 percent to end at 9,191.87, its lowest close since it settled at 9,174.06 January 19. The electronics subindex slid 2.1 per
Published 10 Jun, 2015 12:00am
Wall Street lower, Dow slips into loss for 2015

Wall Street lower, Dow slips into loss for 2015

US stocks ended lower on Monday as investors worried about Greece and mulled the prospect of the Federal Reserve raising interest rates as early as September. With investors growing more nervous about the timing of the Fed's first rate hike in nearly a de
Published 10 Jun, 2015 12:00am
Tuesday's early afternoon trade: stocks little changed

Tuesday's early afternoon trade: stocks little changed

US stocks were little changed in early afternoon trading on Tuesday following three straight days of decline, as another batch of strong economic data gave weight to views that the US Federal Reserve could raise interest rates in September. Growing expect
Published 10 Jun, 2015 12:00am
Tokyo stocks fall as profit-taking bites
Currency

Tokyo stocks fall as profit-taking bites

Tokyo stocks fell for a third session Tuesday on profit-taking, as the Japanese market comes off its highest levels in a quarter-century. The Nikkei 225 index at the Tokyo Stock Exchange dropped 1.76 percent, or 360.89 points, to close at 20,096.30, while
Published 10 Jun, 2015 12:00am
Most Gulf markets rise as oil rebounds but Saudi index dips

Most Gulf markets rise as oil rebounds but Saudi index dips

Most Gulf stock markets rose on Tuesday after oil prices rebounded, but Saudi Arabia fell ahead of a key announcement from index compiler MSCI. Brent crude gained more than 2 percent and traded above $64 per barrel as higher seasonal demand in developed e
Published 10 Jun, 2015 12:00am
US job openings hit record high; small businesses upbeat

US job openings hit record high; small businesses upbeat

US job openings surged to a record high in April and small business confidence perked up in May, suggesting the economy was regaining speed after stumbling at the start of the year. -- Wholesale inventories increase in April, sales surge The economy's str
Published 10 Jun, 2015 12:00am
France unveils new measures to kickstart employment

France unveils new measures to kickstart employment

French Prime Minister Manuel Valls on Tuesday unveiled a battery of measures to encourage small businesses to take on more staff in a bid to chip away at the country's dismal unemployment figures. Softened labour laws and a bonus for hiring their first em
Published 10 Jun, 2015 12:00am
Indonesian hotels, air tickets must be paid in rupiah from July
Currency

Indonesian hotels, air tickets must be paid in rupiah from July

Indonesia's central bank confirmed on Tuesday that a rule taking effect on July 1 means that hotel rooms, airline tickets, property leases and most salaries must be paid in rupiah, as part of a campaign to help prop up the weakening currency. The rule ban
Published 10 Jun, 2015 12:00am
Top Finnish executives take pay cut, urge others to do the same

Top Finnish executives take pay cut, urge others to do the same

Three prominent Finnish business leaders vowed Tuesday to take a five percent pay cut to support the new government's push for across-the-board wage reductions and urged other executives to do the same. "I myself have decided to donate annually a signific
Published 10 Jun, 2015 12:00am
Cyprus GDP grows for first time since 2011

Cyprus GDP grows for first time since 2011

Recession-hit EU member Cyprus notched up its first positive growth in almost four years as GDP rose 1.5 percent in the first quarter, official figures showed on Tuesday. The figure was fractionally lower than the 1.6 percent Q1 growth posted in a flash e
Published 10 Jun, 2015 12:00am
China consumer inflation falls to 1.2 percent

China consumer inflation falls to 1.2 percent

Chinese inflation fell to 1.2 percent in May, data showed Tuesday, the latest sign that growth in the world's number two economy is stalling and suggesting more monetary easing may be on the way. The consumer price index (CPI), the main gauge of inflation
Published 10 Jun, 2015 12:00am
Greece debt deal possible 'in coming days': EU

Greece debt deal possible 'in coming days': EU

Greece and its EU-IMF creditors could reach a hard won bailout deal in the coming days, Valdis Dombrovskis, the European Commission vice-president for the euro, said Tuesday after Athens submitted a new reform plan. "I would say that reaching the agreemen
Published 10 Jun, 2015 12:00am
Brazil unveils $64 billion infrastructure plan to spur growth

Brazil unveils $64 billion infrastructure plan to spur growth

Brazil announced a $64-billion infrastructure spending package on Tuesday, hoping to revive its flagging economy with investment in highways, railroads, ports and airports. With the world's seventh-largest economy facing its worst performance in 25 years
Published 10 Jun, 2015 12:00am
Algeria needs 'structural reforms': IMF

Algeria needs 'structural reforms': IMF

Algeria must undertake "prudent" economic policies and launch "structural reforms" of its export sector for the energy-dependent state to cope with a sharp drop in global oil prices, an IMF official said on Monday. Zeine Zeidane, a former International Mo
Published 10 Jun, 2015 12:00am
Greek leader seeks party backing as EU warns on cash deal hopes

Greek leader seeks party backing as EU warns on cash deal hopes

Greek Prime Minister Alexis Tsipras called on his fractious Syriza party to rally behind the government on Tuesday as time runs critically short to unlock funding from international lenders and avert a debt default. Tsipras made his plea as Greek negotiat
Published 10 Jun, 2015 12:00am
Declining trend persists on grain market

Declining trend persists on grain market

Falling trend persisted on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Masoor Canada low type lost Rs 200 to Rs 9200 and the best quality was lower by Rs 500 to Rs 9300, Masoor Dall Canada low
Published 10 Jun, 2015 12:00am
US Midwest corn, soya bids mixed

US Midwest corn, soya bids mixed

US Midwest soyabean and corn basis bids were steady to narrowly mixed in the US Midwest on Monday amid light scattered farmer sales of both commodities, dealers said. Sales appeared to ease after moderate movement of old-crop corn and soyabeans last week.
Published 10 Jun, 2015 12:00am
Cotton market: prices firm on subdued business
Cotton

Cotton market: prices firm on subdued business

Less buying interest by the main participants left the cotton market deserted look on Tuesday, dealers said. The official spot rate was unchanged at Rs 5500, dealers said. Cotton analyst, Naseem Usman said that instead of new taxes, the businessmen and tr
Published 10 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures were unchanged on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1849.00 and it opened at the same level in the morning session, they said. The December vaida ended at
Published 10 Jun, 2015 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 163,624 tonnes of cargo comprising 132,972 tonnes of import cargo and 30,652 tonnes of export cargo including 5,564 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 13
Published 10 Jun, 2015 12:00am
US natural gas futures jump four percent on demand forecasts

US natural gas futures jump four percent on demand forecasts

US natural gas futures jumped more than 4 percent on Monday on forecasts for warmer weather and stronger demand over the next two weeks, which pushed some in the market to cover shorts. Front-month gas futures on the New York Mercantile Exchange closed up
Published 10 Jun, 2015 12:00am
Vietnamese coffee sales pick up

Vietnamese coffee sales pick up

Coffee sales have picked up in Vietnam in recent days after gains on futures markets, but many speculators in the world's top robusta-producing country are still holding back beans in the hope of seeing further price rises, traders said on Tuesday. "The e
Published 10 Jun, 2015 12:00am
Canadian canola futures hit 11-month high

Canadian canola futures hit 11-month high

ICE Canadian canola futures climbed on Monday to an 11-month high, lifted by concerns about dry conditions, before finishing flat to lower on commercial selling. Weekend rains replenished soil in parts of Manitoba, and rain is forecast late in the week fo
Published 10 Jun, 2015 12:00am
US FOB Gulf corn premiums mostly steady

US FOB Gulf corn premiums mostly steady

US Gulf Coast corn export premiums were mostly steady on Monday on routine demand for old-crop grain and adequate available supplies, traders said. Mexico, the No 2 importer of US corn, was seeking offers for late summer shipment. Israeli private buyers s
Published 10 Jun, 2015 12:00am
CBOT wheat futures up on technical buying

CBOT wheat futures up on technical buying

Wheat futures on the Chicago Board of Trade rose 2 percent on Monday amid technical buying, including short-covering and support from a weaker dollar, traders said. A softer dollar makes US grains more competitive on the world market. The dollar weakened
Published 10 Jun, 2015 12:00am
Dalian iron ore futures slip as Chinese imports drop

Dalian iron ore futures slip as Chinese imports drop

Iron ore futures in China dropped on Monday after data showed imports of the raw material by the world's top consumer slid last month. But analysts say spot iron ore prices may continue to find support from a sustained decline in stockpiles at China's por
Published 10 Jun, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.113 billion. The number of lots traded was 7,503. PMEX Commodity Index closed at 2,716. Major business was contributed by crude oil amounting to PKR 786 million followed by gold (PKR
Published 10 Jun, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Jun, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Jun, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

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 Jun, 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 Jun, 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 Tuesday (June 09, 2015).

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

Currency notes: exchange rates

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

Published 10 Jun, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (June 09, 2015).
Published 10 Jun, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (June 09, 2015).

Published 10 Jun, 2015 12:00am
Pakistan to go beyond CASA 1000: Nawaz

Pakistan to go beyond CASA 1000: Nawaz

The leaders of Pakistan and Tajikistan Wednesday vowed early completion of the CASA 1000 project, enabling the former to import 1,000 MW of electricity to address its growing energy needs. Addressing a press stakeout along with President Emomali Rahmon du
Published 10 Jun, 2015 12:00am
Pakistan to go beyond CASA 1000: Nawaz

Pakistan to go beyond CASA 1000: Nawaz

The leaders of Pakistan and Tajikistan Wednesday vowed early completion of the CASA 1000 project, enabling the former to import 1,000 MW of electricity to address its growing energy needs. Addressing a press stakeout along with President Emomali Rahmon du
Published 10 Jun, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 09, 2015)

Published 10 Jun, 2015 12:00am
Equities firmer

Equities firmer

Equities remained bullish following expectations for higher dividend payouts in select bluechips. Starting the day with Monday's 34,157.11 points, the benchmark KSE-100 index gained 119.17 points index and rallied to hit the session high of 34,497.46 befo
Published 10 Jun, 2015 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

The rupee almost held the overnight levels against the dollar on the money market on Tuesday in the process of trading, they said. The rupee shed two-paisa versus the dollar for buying and selling at Rs 101.90 and Rs 101.92 respectively, they said.
Published 10 Jun, 2015 12:00am
Equities firmer

Equities firmer

Equities remained bullish following expectations for higher dividend payouts in select bluechips. Starting the day with Monday's 34,157.11 points, the benchmark KSE-100 index gained 119.17 points index and rallied to hit the session high of 34,497.46 befo
Published 10 Jun, 2015 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

The rupee almost held the overnight levels against the dollar on the money market on Tuesday in the process of trading, they said. The rupee shed two-paisa versus the dollar for buying and selling at Rs 101.90 and Rs 101.92 respectively, they said.
Published 10 Jun, 2015 12:00am
Equities firmer

Equities firmer

Equities remained bullish following expectations for higher dividend payouts in select bluechips. Starting the day with Monday''s 34,157.11 points, the benchmark KSE-100 index gained 119.17 points index and rallied to hit the session high of 34,497.46 bef
Published 10 Jun, 2015 12:00am
BRIndex30 rises 123.29 points

BRIndex30 rises 123.29 points

On Tues-day, BRIndex30 opened at 20,439.85 points and remained positive throughout the trading session. It touched an intraday high of 20,805.56 points and an intraday low of 20,439.85 points and closed at 20,563.14 points which was 123.29 points or 0.6 p
Published 10 Jun, 2015 12:00am
BRIndex30 rises 123.29 points

BRIndex30 rises 123.29 points

On Tues-day, BRIndex30 opened at 20,439.85 points and remained positive throughout the trading session. It touched an intraday high of 20,805.56 points and an intraday low of 20,439.85 points and closed at 20,563.14 points which was 123.29 points or 0.6 p
Published 10 Jun, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 09, 2015).

Published 10 Jun, 2015 12:00am
Khyber Pakhtunkhwa: holding re-elections not a child's play: CEC

Khyber Pakhtunkhwa: holding re-elections not a child's play: CEC

Chief Election Commissioner (CEC) Sardar Raza Khan said Tuesday that the decision of holding re-elections in Khyber Pakhtunkhwa is not a child's play. Strongly reacting the statement of Chairman Pakistan Tehreek-e-Insaf (PTI), CEC said that any decision o
Published 10 Jun, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 09, 2015).

Published 10 Jun, 2015 12:00am
Khyber Pakhtunkhwa: holding re-elections not a child's play: CEC

Khyber Pakhtunkhwa: holding re-elections not a child's play: CEC

Chief Election Commissioner (CEC) Sardar Raza Khan said Tuesday that the decision of holding re-elections in Khyber Pakhtunkhwa is not a child's play. Strongly reacting the statement of Chairman Pakistan Tehreek-e-Insaf (PTI), CEC said that any decision o
Published 10 Jun, 2015 12:00am
LSE index gains 38.22 points

LSE index gains 38.22 points

Bullish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities gained amid an ascending transaction volume following fresh buying in bluechips. The LSE-25 index improved by 38.22 points to 5771.93 against 5733.71 of Monday while tra
Published 10 Jun, 2015 12:00am
Balochistan too needs special package: traders
Vegetable Oil

Balochistan too needs special package: traders

Balochistan has sought an economic revival package at par with what was budgeted for Khyber Pakhtunkhwa (KPK) for 2015-16, arguing that Balochistan is equally affected in terms of economic instability, deteriorating law and order situation and discouragin
Published 10 Jun, 2015 12:00am
Laptop scheme attracts serious objections

Laptop scheme attracts serious objections

The procurement of 200,000 laptops by the Higher Education Commission (HEC) under the Prime Minister Laptop Scheme became controversial after the Transparency International (TI-Pakistan) raised serious objections and threatened to dissociate itself from t
Published 10 Jun, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 09, 2015).

Published 10 Jun, 2015 12:00am
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