Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (December 30, 2015).
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 30, 2015).
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
Asia's naphtha crack slipped marginally to a two-session low of $140.95 a tonne on Monday but demand has remained firm as most Asian petrochemical units were running at high rates. South Korea's LG Chem and Japan's Idemitsu have emerged to buy naphtha for
Palm oil on the European vegetable oils market was lower in thin trade on Monday on concerns over slow exports as players wound down business for the holiday season. "The days between Christmas and the New Year are usually very slow as many participants t
On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,229 million. The number of lots traded was 16.62 million. PMEX Commodity Index closed at 2,534. Major business was contributed by gold amounting to PKR 2,912 million followed by cr
Export premiums for corn shipped from the US Gulf Coast were 2 to 6 cents per bushel lower on Monday, pressured by ample supplies and cheaper offerings out of Argentina and Brazil, traders said. US exporters slashed their prices in efforts to become more
Spot basis bids for corn and soyabeans were flat at elevators and processors around the US Midwest on Tuesday, grain dealers said. Dealers said farmers were still in holiday mode and did not anticipate any selling until the beginning of 2016. The dealers
Most-active March wheat futures on the Chicago Board of Trade rose nearly 2 percent on Tuesday to hit a one-week high on bargain buying and concerns about crop prospects in the southern US Midwest, traders said. Funds appeared to be covering short positio
Agriculture consultancy UkrAgroConsult has slightly raised its forecast for the Ukrainian winter wheat crop in 2016 to 17.8 million tonnes from 17.5 million tonnes because of a larger planting area, the company said in a report on Tuesday. Still, the cons
US natural gas prices surged more than 9 percent on Monday, the largest one-day gain in two months, as forecasts for colder temperatures led to bets that long-delayed winter weather was finally arriving. Gas futures on New York Mercantile Exchange rallied
The Karachi Port handled 105,254 tonnes of cargo comprising 83,604 tonnes of import cargo and 21,650 tonnes of export cargo including 4,173 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 8
Both the deliveries were unchanged on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The January vaida was closed at at Rs 2049.40 and it commenced the day at the same rate, they said. The March contract follo
Fresh buying interest by mills and spinners helped the rates to hold present levels on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices wer
ICE Canadian canola rose on Tuesday to a four-month high for the nearby contract, boosted by technical buying and crusher purchases. Crushers may have been restocking after processing less canola during the previous week, a trader said. Canola traded in t
Slow business was witnessed on the wholesale grain market on Wednesday in the process of trading, dealer said. On the grams side, Bajra low type was up by Rs 50 to Rs 3000 and the best quality was higher by Rs 300 to Rs 4500, they said. Not a single varia
Julius Baer has reached an agreement in principle with US authorities to settle an investigation into allegations it helped wealthy American clients evade taxes, potentially drawing a line under the Swiss bank's biggest legal issue. Switzerland's third la
Oil exports from southern Iraq have held near a record high in December, cementing its role as the world's fastest source of supply growth in 2015 despite battles against Islamic State and concern that plunging oil prices would undermine output growth. Th
France is considering allowing banks to issue a new type of senior debt that could be used to absorb losses if they run into financial trouble, according to a proposed amendment to its financial code. Governments around the world are bringing in new regul
Iran's national representative to Organisation of the Petroleum Exporting Countries (Opec) predicted oil prices in 2016 at between $35 to $50 a barrel, but that they would not go above $60 in the next four years. Iran drafted a state budget for next fisca
Saudi Arabian Oil Minister Ali al-Naimi said the kingdom, the world's top crude exporter, does not limit its output and has the capacity to meet additional demand, state television Al Ekhbariya reported on Wednesday. "The increase in production depends on
The Philippines, involved in a territorial dispute with Beijing in the South China Sea, is set to join the China-backed Asian Infrastructure Investment Bank, describing it as a "promising institution" that could help accelerate economic growth.
Oman's cabinet approved in principle a series of spending cuts and tax rises to cope with the damage to state finances from low oil prices, state news agency ONA reported on Wednesday. "The council of ministers approved a number of procedures to face the
US tech giant Apple will pay Italy's tax office 318 million euros ($348 million) to settle a dispute and sign an accord next year on how to manage its tax liabilities from 2015, a source with direct knowledge of the matter said on Wednesday. Italian prose
Brazil said on Wednesday it will start repaying massive debts to state-run banks using bond sales, a step towards reining in swollen budget deficits that recently cost Latin America's largest economy its coveted investment grade. Opposition parties have u
China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday. Included among the suspended services are l
India's mobile phone subscriber base peaked to more than 1 billion users for the first time, data released by the telecom regulator on Wednesday showed, making India the only country after China to achieve that milestone. Total wireless subscribers in Asi
The volume of loans to the private sector in the euro area expanded in November, with a bigger bounce recorded than the previous month, European Central Bank data showed on Wednesday. The statistics are a key indicator of economic health for the ECB, as b
The Vietnamese government has published a list of 17 business sectors that are open to foreign investors, with some conditions, in a bid to improve the investment environment following this year's record inflow of foreign capital. Until now, Vietnam - oft
Petrochemical stocks pulled Saudi Arabia's main equity index down on Wednesday in the wake of gas feedstock price rises in the 2016 state budget, while Egypt's market rose in a broad-based rally, breaking technical resistance. The Saudi index, which had d
South African stocks extended losses for a third straight day, weighed down by the gold and financial sectors. That tracked a decline by global equities as commodity markets weakened. South Africa's rand weakened more than one percent in thin trade on Wed
Wall Street was lower on Wednesday as Brent crude slid back towards the 11-year low it hit last week and Apple weighed on all three major indexes. Crude oil gave up its gains from Tuesday after forecasts of a short winter in North America and Europe piled
Wall Street rose sharply on Tuesday, elevating the S&P 500 to a modest gain for the year as Amazon and Apple led tech stocks higher. All 10 major S&P sectors ended with gains, led by a 1.34-percent rise in the technology sector, its strongest performance
Australian shares rallied for the ninth straight session on Wednesday to a 2-month high in holiday-thinned trade, largely led by late buying in some resource stocks. The S&P/ASX 200 index closed up 1 percent, or 52.56 points, at 5,319.9. The benchmark cli
Yields on US Treasuries rose sharply on Tuesday in light, choppy trading after a disappointing five-year note sale by the Treasury and as recovering oil prices decreased appetite for US government debt. The yield on the US two-year note rose to 1.103 perc
Yields on US Treasuries rose sharply on Tuesday in light, choppy trading after a disappointing five-year note sale by the Treasury and as recovering oil prices decreased appetite for US government debt. The yield on the US two-year note rose to 1.103 perc
Tokyo's shares ended the year on a high note, climbing more than nine percent in 2015 to rank among the world's top-performing major markets. The benchmark Nikkei 225 rose 9.07 percent while the Topix index of all first-section shares tacked on 9.93 perce
Hong Kong stocks fell on Wednesday in thin trading, undermined by selling in energy and financial shares, amid lingering worries about China's economy. The Hang Seng index fell 0.5 percent, to 21,882.15, while the China Enterprises Index lost 1.3 percent,
China stocks reversed initial losses to end Wednesday slightly higher, helped by a late rally in banking shares. But activity was thin as traders awaited manufacturing activity surveys for December, which are expected to show the economy remains sluggish.
Indian shares ended about 0.5 percent lower on Wednesday after being range-bound for most of the session, weighed down by weak European markets and caution ahead of derivatives contracts expiry on Thursday. The broader NSE index closed 0.41 percent lower,
Sri Lankan shares ended firmer at more than one-week high on Wednesday, led by financials, but trading was this ahead of the central bank's key monetary policy rate decision later in the day. The main stock index rose 0.33 percent to finish 6,870.63, its
Most Southeast Asian stock markets hit multi-week highs on Wednesday as end-year portfolio buying lifted select shares in holiday-thinned trade, marginally trimming losses on the year for underperformers Thailand and Indonesia. Bangkok's key SET index end
Europe's main stock markets stumbled in quiet trade on Wednesday, the last full trading day of the year, pulling US stocks lower. Sentiment was dented from the start by comments from the head of the International Monetary Fund, Christine Lagarde, who warn
The Sri Lankan rupee ended lower after touching a record low of 144.25 in intraday trade on Wednesday as speculation that the currency would weaken further weighed ahead of the central bank's rate decision later in the day. The Sri Lankan central bank's m
The dollar held steady against a basket of currencies on Wednesday following a rise in US debt yields, while the Canadian and Australian dollars trimmed gains after a rebound in crude oil prices fizzled. The dollar index stood at 98.196, not far from a on
Sweden's crown fell back from nine-month highs on Wednesday as the central bank warned it was "highly prepared" to intervene and weaken the currency to bolster very low inflation. The dollar lost ground again to the euro, adding to a weak end to the year
The US dollar rallied against commodity currencies such as the Norwegian crown and Russian ruble on Wednesday after declining oil prices weighed on the currencies of oil-dependent economies, while short-covering kept the euro afloat. Brent crude oil retre
Inter bank buy/sell rates for the taka against the dollar on Wednesday. 78.50-78.52 (previous 78.50-78.51). 02.00-04.50 percent (* Previous 01.50-04.50 percent.
The Ugandan shilling was unchanged on Wednesday due to slowing dollar demand from commercial banks, and it is expected to remain trading below the key support level of 3,400 this week. At 0810 GMT commercial banks quoted the shilling at 3,380/3,390, uncha
Most emerging Asian currencies were steady to lower on Wednesday, pressured by a weaker Chinese yuan, and more declines are seen likely next year given prospects for the US Federal Reserve to raise interest rates further. The yuan weakened against the dol
The Russian rouble touched a new 2015 low on Wednesday, falling for the third day running as a retreat in oil prices dragged it down. At 0755 GMT, the rouble was 0.8 percent weaker against the dollar at 72.80 and down 0.8 percent to 79.66 versus the euro.
The Australian and New Zealand dollars stood tall on Wednesday buoyed by rallies in commodities and equities, with both currencies on track for hefty quarterly gains. The New Zealand dollar stole the show at $0.6865, having climbed to a 10-week peak of $0
The yuan weakened against the dollar in both onshore and offshore markets on Wednesday, after the central bank set a softer midpoint in the wake of dollar strength. Also on Wednesday, sources told Reuters that the Chinese central bank has taken latest ste
Global commodities trader Cargill Inc will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said on Tuesday. The deal will close the second week in January, said Tyler Silveus, chief executive officer for Silve
Copper held steady on Wednesday, but expectations of surplus metal and weak demand in top consumer China mean prices look likely to come under further pressure over coming sessions. Benchmark copper on the London Metal Exchange ended up 0.1 percent at $4,
Egypt's state-owned Sugar and Integrated Industries Company said that the country's sugar reserves are at 270,000 tonnes, a ministry of supply statement said on Wednesday. The company exported 42,000 tonnes of brown sugar to Kenya over the past year and 2
Tokyo rubber futures firmed on this year's last day of trading on Wednesday but the market has lost more than a quarter of its value in 2015 with slowing Chinese demand and ample ssupplies driving prices lower Asian shares unwound early gains as weakness
Malaysian palm oil futures rose for a second day on Wednesday, reaching their highest level in 18 months, on concerns year-end monsoon rains and El Nino-related dryness may lower future output. The benchmark palm oil contract for March on the Bursa Malays
Raw sugar futures on ICE rallied on Wednesday on trade and technical buying as participants squared their books for year-end, while arabica coffee firmed and New York cocoa steadied in light pre-holiday dealings. "Some participants are trying to keep the
Gold was little changed on Wednesday as thin liquidity and a firmer dollar capped price moves, although the metal remained on track to close the year lower for a third time in a row. The precious metal has lost nearly 10 percent of its value this year, la
Gold fell on Wednesday, as the combination of a firm dollar and weak oil prices left the metal on track for its third consecutive annual loss. Bullion has lost 10 percent of its value this year, largely on concerns that higher US interest rates would hurt
The worst snowstorm to hit West Texas in more than 30 years has brought much-needed moisture to parched farmland in the top US growing cotton state, potentially helping to boost yields next year and encouraging farmers to increase acreage. With the harves
Chicago corn and wheat slipped on Wednesday, as concerns about potential damage to winter wheat crops moved to the background in light year-end trading. Soybeans were firm, despite forecasts for much-needed rains in parts of Brazil next week. With a lack
Cristiano Ronaldo scored twice and missed a penalty as Real Madrid eased the pressure on under fire coach Rafael Benitez by moving to the top of La Liga with a 3-1 win over Real Sociedad. Real now lead Barcelona and Atletico Madrid by a point, but both ca
New Zealand could get an earlier than expected taste of life without Brendon McCullum on Thursday with the swashbuckling captain likely to sit out the third one-day international against Sri Lanka. McCullum, who will retire from international cricket in F
Former all-rounder Azhar Mehmood has said that Muhammad Amir was a role model for upcoming young cricketers and there is no point that he is not selected in the team as the team is in need of him. "Amir had committed a mistake, he apologised to the nation
Khyber Agency clinched the overall trophy after securing 173 points in various disciplines part of the first Governor FATA Youth Festival concluded here at Qayyum Sports Complex on Wednesday.
Bangladesh police have charged national cricketer Shahadat Hossain with assaulting an 11-year-old girl he employed illegally as a maid. Police said Hossain, who has played 38 Tests for Bangladesh, and his wife Nritto Shahadat were formally charged on Tues
Leicester City again showed they could mix it with the big guns, going level on points with Premier League leaders Arsenal after drawing 0-0 with title rivals Manchester City on Tuesday. The clash between the division's two top-scoring sides provided plen
With the series easily won and a dead Test still to play, Australia coach Darren Lehmann on Wednesday talked up the West Indies for finally finding some fight. The tourists have failed to bowl out Australia once over the first two Tests, having long lost
The South African selectors on Wednesday added wicketkeeper Quinton de Kock and fast bowler Chris Morris to their squad for the second Test against England starting in Cape Town on Saturday. The additions were announced after South Africa suffered a 241-r
England captain Alastair Cook hailed the performance and potential of his team after they completed a crushing 241-run win over South Africa on the fifth day of the first Test at Kingsmead on Wednesday. It took England only 80 minutes to take South Africa
Peacekeepers patrolled the streets of Central African Republic on Wednesday for presidential and legislative elections many voters hope will end years of violence between Christians and Muslims in which thousands have died. Authorities have repeatedly del
A husband and his former wife convicted of planning a major attack to mark the 10th anniversary of the London suicide bombings were both sentenced to life in prison on Wednesday. Mohammed Rehman, 25, who used the Twitter name "Silent Bomber" and asked use
Philippine security forces clashed with al Qaeda-linked gunmen believed to be holding foreign hostages on Wednesday, leaving one soldier and eight of the gunmen dead, the military said. The clash occurred near Patikul town on the remote southern island of
British Prime Minister David Cameron's chief policy adviser apologised on Wednesday for remarks made after riots in 1985 when he said funding for black businesspeople would end up in "disco and drug trade". Oliver Letwin, a member of Cameron's cabinet wit
President Francois Hollande's call for convicted French-born terrorists to lose their citizenship if they have a second nationality has triggered uproar among those who see him adopting right-wing ideas that recall dark moments in France's history. Ever s
Over one million migrants and refugees crossed the Mediterranean Sea to Europe in 2015, nearly half of them Syrians, the UN refugee agency (UNHCR) said Wednesday. The milestone marks an almost five-fold increase over 2014 figures, when UNHCR recorded 219,