Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (September 08, 2016).
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (September 08, 2016).
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
Sitara Chemical is the largest energy consumer in Pakistan, keeping in view the increasing energy demands we signed a contract in 2014 with Chinese firm SHANDONG YANGGUANG ENGINEERING DESING INSTITUTE and now Alhamdulillah we are inaugurating the plant
I felt thrilled when I got the invitation from Mian Idrees to come here. As my connection with him is because of his father Mr Hajji Bashir who was exceptionally respectable and God-fearing man and to look after the poor he set up numerous social being or
Mr Prime Minister, on behalf of Sitara Group I would like to thank you for your presence here to inaugurate our Coal Fired Power plant. Your presence is a matter of honour for us as well as for the business community. This shows your profound interest and
European wheat prices dipped to a seven-week low on Tuesday, still pressured by hefty global supplies which were also weighing on US markets. December milling wheat on the Paris-based Euronext, closed down 1.1 percent at 159.25 euros a tonne unofficially,
On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,307 million and the number of lots traded was 10,591. PMEX Commodity Index closed at 3,005. Major business was contributed by gold amounting to PKR 1,655 million followed by curr
The Karachi Port handled 107,117 tonnes of cargo comprising 86,984 tonnes of import cargo and 20,133 tonnes of export cargo including 3,970 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday The total import cargo of 86,
Some leading mills kept on the sidelines on the cotton market on Thursday because of easy supply of Phutti ahead of Eid-ul-Azha holidays, dealers said. The official spot rate continued to fall, losing Rs 100 to Rs 5,850, dealers said. In Sindh, seed cotto
Corn and soyabean spot basis bids were mostly steady to lower in the US Midwest on Tuesday amid minimal demand from processors and shippers ahead of the autumn harvest, dealers said.r at higher prices.
Pressure continued on the domestic cotton market on Thursday as lint prices fell further. Due to Eidul Azha holidays extending from 12th to the 14th of September 2016 next week during which availability of transport to haul cotton from the field will be d
Pressure continued on the domestic cotton market on Thursday as lint prices fell further. Due to Eidul Azha holidays extending from 12th to the 14th of September 2016 next week during which availability of transport to haul cotton from the field will be d
Shanghai Futures Exchange copper traded flat at 36,570 yuan ($5,487) a tonne on Thursday as investors took heart from encouraging signals in China's economy and as a softer dollar lent support. China's imports unexpectedly rose in August for the first tim
Copper hovered just below a two-week high on Thursday, supported by a fall in inventories and a softer dollar, though lower imports into China last month kept prices in check. Inventories in London Metal Exchange warehouses fell for the first time in thre
Benchmark Tokyo rubber futures ended up 1.3 percent on Thursday, tracking gains in Shanghai futures as Chinese trade data topped forecasts and imports recorded their first rise in nearly two years. The Tokyo Commodity Exchange rubber contract for February
Malaysian palm oil futures snapped two sessions of losses to gain on Thursday evening, lifted by better performing crude oil and rival oilseed soya. Palm made its sharpest daily jump in two weeks on September 2, and then hit a near three-week high of 2,66
Arabica and robusta coffee futures rose to 18-month highs on Thursday but then went separate ways, as robusta extended its longest streak of gains since May 2012 amid bullish fundamentals, while arabica turned negative. Raw sugar and cocoa on ICE Futures
Gold dipped on Wednesday, losing momentum due to profit-taking after it soared by the most in over two months in the previous session on economic data that weakened the case for an imminent US rate hike. US services sector activity slowed to a 6-1/2-year
Gold edged higher on Thursday on a weaker dollar, with investors looking to the outcome of a European Central Bank policy meeting later in the day for signs of economic stimulus. The eurozone economy is widely expected to need more stimulus from the ECB,
Gold dipped on Thursday after the European Central Bank confirmed its existing stimulus programme but refrained from extending it as some market players had hoped. Shares also fell on disappointment that ECB chief Mario Draghi said the bank had not even d
US corn futures climbed more than 1 percent to a two-week high on Thursday as investors exited short positions ahead of the US Department of Agriculture's monthly crop report due on Monday, when the government was expected to trim corn yields. Soyabean fu
Gold fell on Thursday after the European Central Bank held interest rates at record lows but refrained from adding new stimulus as some investors had expected. Global equities also tumbled on disappointment that ECB chief Mario Draghi said the bank had no
South Korea's STX Offshore & Shipbuilding plans to sell its French unit by the end of this year as the troubled company seeks a court-led debt restructuring programme, a spokesman said Thursday. The ailing firm - once the country's number four shipbuilder
Dutch anti-fraud police Thursday raided 12 sites across the Netherlands including two mosques over suspected money-laundering and links to a US-blacklisted charity, officials and reports said. All 12 locations had ties to an unidentified organisation, whi
Zimbabwe's economy is expected to slow even further this year, the finance minister said on Thursday, worsening financial difficulties that have triggered a series of anti-government protests. In his mid-year budget speech, Finance Minister Patrick Chinam
Bangladesh's Summit Group plans to invest $2.5 billion over the next five years to grow its electricity generation business in the South Asian nation where supply has been insufficient for the last decade, Chairman Muhammad Aziz Khan said on Thursday. Ban
The number of Chinese visitors to Taiwan has fallen 22 percent since the island's Beijing-sceptic government took office in May, with tourism operators saying Wednesday that the industry is in a slump. Hotels are only half-full and thousands of tour buses
Tanzania's economic growth slowed in the first quarter of 2016 compared with the same period last year, hurt by a slump in construction, transport and manufacturing sectors, official data showed on Thursday. The state-run National Bureau of Statistics (NB
Playboy won a legal fight to stop a website from posting links to images published without permission on Thursday, a decision which could have far wider consequences across the Internet. The European Union's top court decided that posting such links infri
Egypt's headline inflation jumped to 15.5 percent in August, its highest level in nearly eight years, raising expectations that the central bank will hike interest rates later this month. The data could prove a headache for President Abdel Fattah al-Sisi,
British group Micro Focus will merge with some of Hewlett Packard Enterprise's software assets, the pair said, in a further consolidation of the global tech sector after SoftBank's blockbuster purchase of ARM Holdings. The deal creates an entity worth $8.
The EU will not allow Britain to cling to advantages for its financial industry while blocking free movement of labour in the wake of Brexit, commissioner Valdis Dombrovsksis warned on Thursday. "We cannot tolerate cherry-picking," the Brussels financial
Japan's economy barely grew in the second quarter, revised data showed Thursday, further calling into question Prime Minister Shinzo Abe's big-spending easy-money policy drive. While the figures were a slight improvement on the zero expansion in earlier e
Nigeria's presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. "Low cost, long-term loans (1.25% interest, 20yr tenor)" would be sought from the World Bank, African
The British government will in November present its first budget since the country voted to leave the European Union, the Treasury announced on Thursday. New finance minister Philip Hammond will give his first Autumn Statement to lawmakers exactly five mo
The European Central Bank kept its interest rates at record lows Thursday and held fire on more economic stimulus, but warned of "uncertainties" ahead for the eurozone over the Brexit vote. Describing the ECB's current ultra-loose monetary policy as "effe
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained labour market strength even as the pace of job growth is slowing. Despite signs of underlying labour market strength, also corroborated by record h
China's imports rose for the first time in nearly two years in August, figures showed Thursday, the 1.5 percent annual increase beating expectations in a positive sign for the world's second-largest economy. Exports dropped 2.8 percent on-year to $190.6 b
Petrochemical shares supported Saudi Arabia's stock index on Thursday, benefiting from a bounce-back in crude oil prices, while Qatar underperformed as investors sold shares which had risen over the past month. Trade in some markets was thinned by the fac
Taiwan stocks stayed flat near 14-month highs on Thursday, in line with other overseas markets, with TSMC and other suppliers of Apple Inc remaining little changed following the launch of new iPhones. As of 0343 GMT, the main TAIEX index was up 7 points a
Tokyo stocks closed lower Thursday as soft Japanese growth data left investors guessing about the chances of more central bank stimulus, but Nintendo soared on news of a Super Mario game tie-up with Apple. Shortly before markets opened, figures showed tha
Apple weighed on US stocks on Thursday, a day after the tech giant unveiled the new iPhone 7 that failed to impress Wall Street. Apple fell 2.3 percent to $105.82, its steepest decline since June 24 when Britain's vote to leave the European Union unleashe
US stocks ended little changed on Wednesday, though the Nasdaq eked out another record high close, as investors assessed the outlook for US interest rates. A disappointing forecast from Sprouts Farmers Market weighed on grocers. Sprouts shares were down 1
Hong Kong's benchmark index finished higher on Thursday as fresh inflows from mainland China persisted, and as fears of a US interest rate hike this month faded. The Hang Seng index rose 0.8 percent to 23,919.34 points, while the China Enterprises Index g
US Treasury yields edged lower on Wednesday, with prices trading in narrow ranges, on investors' view that a Federal Reserve rate hike later this month was unlikely after a round of mostly weak economic data. The drop in yields, which move inversely to pr
US Treasury yields edged lower on Wednesday, with prices trading in narrow ranges, on investors' view that a Federal Reserve rate hike later this month was unlikely after a round of mostly weak economic data. The drop in yields, which move inversely to pr
China stocks fluctuated in a narrow range on Thursday and finished roughly flat as positive news on the data front was offset by receding hopes for additional monetary policy support. The CSI300 index of the largest listed companies in Shanghai and Shenzh
Indian shares closed at their highest in 18 months on Thursday, tracking gains in regional equities, as better-than-expected Chinese trade data boosted companies such as Tata Steel. The benchmark BSE index ended 0.41 percent higher at 29,045.28, while the
European stock markets fell on Thursday, turning lower after the European Central Bank stuck to its timetable for its stimulus programme and President Mario Draghi said an extension had not been discussed. The ECB held interest rates steady, as expected,
Sri Lanka's benchmark index hit a more than one-month closing low on Thursday, dragged down by large cap shares, as investors largely stayed on the sidelines amid confusion over falling bond yields, stockbrokers said. The benchmark Colombo stock index end
Most Southeast Asian stock markets were sluggish on Thursday, with Thailand falling more than 2 percent, as investors waited for a crucial European Central Bank meeting later in the day for clues regarding its monetary policy. Nearly all analysts polled b
UK shares gave up early gains but outperformed European peers on Thursday after the European Central Bank held rates steady and did not change its asset-buying programme. The ECB kept the timetable for its quantitative easing programme unchanged and Presi
China's yuan weakened on Thursday, with traders expecting the Chinese currency to trade sideways, saying views about further yuan depreciation for the near term had lessened. Both Chinese and foreign banks were purchasing dollars in the morning session, t
The yen held firm against the dollar on Thursday, clinging to its recent gains after a Bank of Japan deputy governor gave few fresh clues on whether the central bank will expand its monetary stimulus this month. Analysts said the comments by BoJ Deputy Go
The euro hit a two-week high on Thursday after the European Central Banks left interest rates unchanged and stopped short of a formal commitment to further expand its huge asset-purchase programme. The ECB repeated that it would only extend its 1.74 trill
The dollar fell to a more than one-week low against the yen on Wednesday after a report from the Sankei newspaper that Bank of Japan policymakers are divided ahead of the central bank's next meeting. The Bank of Japan is split on whether to add stimulus a
The Sri Lankan rupee ended firmer on Thursday as late inward remittances ahead of the annual haj pilgrimage surpassed the mild dollar demand from importers, dealers said. The spot rupee ended at 145.00/15 per dollar, compared with Wednesday's close of 145
Most emerging Asian currencies eased on Thursday as investors cut long positions ahead of the European Central Bank's monetary policy decision later in the day. The falls in regional currencies were limited as data showing China's imports unexpectedly ros
Sterling fell to its lowest in a week against the euro on Thursday after the European Central Bank stuck to its timetable for its stimulus programme and President Mario Draghi said an extension of its asset purchase plan had not been discussed. The pound
The Australian dollar got a small lift on Thursday after China's August imports unexpectedly rose for the first time in 22 months in a sign that demand in the world's second-largest economy was picking up. The Australian dollar rose as high as $0.7687, no
The European Professional Football Leagues (EPFL) slammed as "unacceptable" planned reforms of the Champions League and threatened Thursday to programme matches at the same time as UEFA competitions. The continental leagues' governing body also called for
Swimmer Ryan Lochte has been hit with a 10-month suspension following his bogus gunpoint robbery story during a drunken night out at the Rio Olympics, US sports authorities said Thursday. The US Olympic Committee and USA Swimming, in a joint release, anno
Sharjeel Khan and Khalid Latif smashed England's bowlers all round Old Trafford as Pakistan ended their tour in style with a crushing nine-wicket win in Wednesday's lone Twenty20 international. Left-hander Sharjeel made 59 and fellow opener Latif 59 not o
The martial arts player of Landikotal, Khyber Agency won bronze medal in 16th Asia Full Contact Karate competitions held in Bosan city of South Korea. The tribal player, Ghani Khan while representing Pakistan in the combat bagged the bronze medal in 85 kg
Formula One entered a new era on Wednesday as US billionaire John Malone's Liberty Media agreed a takeover that values the motorsport at $8 billion and raises questions over the role of its colourful, long-time mastermind, Bernie Ecclestone. In a deal tha
Rio de Janeiro opened the Paralympic Games on Wednesday with samba, parading wheelchairs, giant balloons - and loud booing of Brazil's president - at a sold-out Maracana stadium. The extraordinary sight of US Paralympian Aaron "Wheelz" Fotheringham jumpin
Kei Nishikori stunned Andy Murray to reach the US Open semi-finals, holding his nerve in a gripping final set to move two wins away from becoming the first Asian man to capture a Grand Slam singles title. Japanese star Nishikori clinched a dramatic 1-6, 6
World number one Serena Williams fended off spirited Simona Halep on Wednesday, downing the fifth-seeded Romanian 6-2, 4-6, 6-3 to reach the US Open semi-finals. Williams, seeking a record seventh US Open title and 23rd Grand Slam crown, fired 18 aces en