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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-12-09
Banks mull switch from London to Paris

Banks mull switch from London to Paris

Major international banks are seriously exploring whether to shift operations from London to Paris in the wake of Brexit, according to a senior official at France''s markets regulator. "Large international banks... have already undertaken real due diligen
Published 09 Dec, 2016 12:00am
Banks mull switch from London to Paris

Banks mull switch from London to Paris

Major international banks are seriously exploring whether to shift operations from London to Paris in the wake of Brexit, according to a senior official at France's markets regulator. "Large international banks... have already undertaken real due diligenc
Published 09 Dec, 2016 12:00am
Banks mull switch from London to Paris

Banks mull switch from London to Paris

Major international banks are seriously exploring whether to shift operations from London to Paris in the wake of Brexit, according to a senior official at France's markets regulator. "Large international banks... have already undertaken real due diligenc
Published 09 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 08, 2016).

Published 09 Dec, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 08, 2016).
Published 09 Dec, 2016 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 Thursday (December 08, 2016).

Published 09 Dec, 2016 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 (December 08, 2016).

Published 09 Dec, 2016 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 09 Dec, 2016 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 09 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 09 Dec, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 102,022 tonnes of cargo comprising 69,518 tonnes of import cargo and 32,504 tonnes of export cargo including 5,662 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 69
Published 09 Dec, 2016 12:00am
Spinners, exporters indulge in fresh buying
Cotton

Spinners, exporters indulge in fresh buying

A kind of confusions and uncertainties prevailed on the cotton market, regarding conditional import of cotton from India, dealers said on Thursday. The official spot rate was up by Rs 50 to Rs 6300, dealers said. In Sindh, seed cotton prices were at Rs 26
Published 09 Dec, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,037. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 4.00 billion and the number of lots traded was 14,498. Major business was contributed by g
Published 09 Dec, 2016 12:00am
European wheat edges higher

European wheat edges higher

European wheat edged higher on Tuesday after hitting a five-month low in late trade in the previous session on ample global supplies. March milling wheat, the most active position on Paris-based Euronext, unofficially closed 0.3 percent higher at 162.75 e
Published 09 Dec, 2016 12:00am
Cotton prices move upwards
Currency

Cotton prices move upwards

This week cotton prices moved up gradually as lint supplies for the higher quality of cotton were slowly but surely decreasing. Thus in recent days cotton market has mostly been steady and stable. Moreover, Karachi traders added that some exporters have a
Published 09 Dec, 2016 12:00am
Cotton prices move upwards
Currency

Cotton prices move upwards

This week cotton prices moved up gradually as lint supplies for the higher quality of cotton were slowly but surely decreasing. Thus in recent days cotton market has mostly been steady and stable. Moreover, Karachi traders added that some exporters have a
Published 09 Dec, 2016 12:00am
Build Asia 2016 concludes successfully

Build Asia 2016 concludes successfully

The 12th Build Asia 2016 International Building and Construction Industry Exhibition successfully concluded on Thursday at Karachi Expo Centre. While addressing the closing ceremony Manzoor Wassan, Minister for Industries & Commerce Sindh said that Build
Published 09 Dec, 2016 12:00am
Business community expresses grief, offers condolences over crash

Business community expresses grief, offers condolences over crash

Business Community has expressed deep shock and grief over the PIA plane crash that killed 42 passengers and six crew members. Senior Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Sheikh Khalid Tawab has expressed h
Published 09 Dec, 2016 12:00am
Mayor seek's media's help on civic issues

Mayor seek's media's help on civic issues

Mayor Karachi Waseem Akhtar has asked the media to help resolve the local bodies' issues because media plays vital role in the development of country as the fourth pillar of a democratic state. "Media should highlight the local bodies' issues giving them
Published 09 Dec, 2016 12:00am
APCAA threatens to take legal action against KCI

APCAA threatens to take legal action against KCI

All Pakistan Customs Agents Association (APCAA) on Thursday threatened to take legal action against the Karachi International Containers Terminal (KICT) in case of no improvement in its services being provided to the trade. Arshad Jamal, Senior Vice Chair
Published 09 Dec, 2016 12:00am
Lyari gangster Dada arrested

Lyari gangster Dada arrested

Law Enforcement Agencies on Thursday arrested a top commander of Lyari gang war Abdul Razzaq Baloch alias Dada who was in hiding. According to LEA sources, acting on a tipoff, the LEAs arrested him from Katchi Abadi near Karachi airport. The arrested comm
Published 09 Dec, 2016 12:00am
ICMAP to host research symposium

ICMAP to host research symposium

The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) is hosting it's first-ever 'International Research Symposium (IRS) on December 13, 2016 at Lahore which is expected to be graced by the President of Pakistan as Chief Guest.
Published 09 Dec, 2016 12:00am
Pulses import rose 29.41 percent July to October

Pulses import rose 29.41 percent July to October

Pakistan's import of pulses shot up by 29.41 percent to $233.291 million in July-October 2016, according to official figures. Rise in pulses import stands at $53.021 million in July-October 2016 from the commodity's import of $180.270 million in July-Octo
Published 09 Dec, 2016 12:00am
Forex reserves fall $270 million

Forex reserves fall $270 million

The country's total liquid foreign exchange reserves declined sharply by $270 million during last week due to external debt servicing. According to State Bank of Pakistan's weekly report issued Thursday, the country's total liquid foreign exchange reserve
Published 09 Dec, 2016 12:00am
Soneri Bank's alliance with Covalent

Soneri Bank's alliance with Covalent

Soneri Bank with its recent strategic alliances with Covalent, Access Group and TPS Joint venture brings together the combined expertise of all the companies on one common platform, with mutual goals for successful digital transformation.
Published 09 Dec, 2016 12:00am
Bank Alfalah, Easypaisa in strategic partnership

Bank Alfalah, Easypaisa in strategic partnership

Pakistan's premier banking institution, Bank Alfalah has struck a historic deal with the country's first and the largest branchless banking service, Easypaisa to bring the unbanked population of the country within the fold of financial inclusion. The agre
Published 09 Dec, 2016 12:00am
Japanese companies plan to expand business in Pakistan

Japanese companies plan to expand business in Pakistan

Japan External Trade Organizer (JETRO) Country Director Osamu Hisaki has said that Pakistan is on the top among 20 Asian countries for the Japanese investors and now the Japanese companies are planning to expand business in Pakistan. Previously Japanese i
Published 09 Dec, 2016 12:00am
Shanghai Electric to invest $9 billion in KE upgrades

Shanghai Electric to invest $9 billion in KE upgrades

China's Shanghai Electric plans to spend $9 billion overhauling electricity infrastructure in Karachi, a minister told AFP, just months after the multinational revealed it was buying a Pakistan power company. China is ramping up investment in its South As
Published 09 Dec, 2016 12:00am
DUET, NAB hold interactive seminar

DUET, NAB hold interactive seminar

An interactive seminar was organised by Dawood University of Engineering and Technology in collaboration with NAB on 'Role of Youth in fight against corruption' on the occasion of anti-corruption day. Major Shabbir Ahmed (Retd) Director NAB Karachi presen
Published 09 Dec, 2016 12:00am
FIO orders payment of Rs seven million to complainant

FIO orders payment of Rs seven million to complainant

The complainant/policy holder Raja Haider Ali lodged a complaint with Federal Insurance Ombudsman against Insurance Company for non-settlement of his claim amounting to Rs 11,373,385 for the last several years. After receiving the Survey Report by the Res
Published 09 Dec, 2016 12:00am
Administration nailed in blaze at Karachi hotel

Administration nailed in blaze at Karachi hotel

An investigative report on the fire at a private hotel which claimed 12 lives earlier this week has declared the hotel administration and civil defence responsible for the tragedy. The report, which was presented to Chief Minister Sindh Murad Ali Shah ear
Published 09 Dec, 2016 12:00am
Egyptian police arrest Morsi son

Egyptian police arrest Morsi son

Egyptian police on Thursday arrested the son of former Islamist president Mohamed Morsi on charges linked to a protest against his father's ouster that resulted in hundreds of deaths, officials said. Osama Morsi's lawyer Abdel Moneim Abdel Maksoud said po
Published 09 Dec, 2016 12:00am
Striking Kenyan doctors threaten to shut private hospitals

Striking Kenyan doctors threaten to shut private hospitals

Kenyan doctors and nurses warned Thursday they will extend a strike crippling public hospitals to private clinics as well next week, unless the government offers them more in a pay dispute. Public hospitals have been deserted for four days, with patients
Published 09 Dec, 2016 12:00am
Trump picks fossil fuel ally to head environment agency

Trump picks fossil fuel ally to head environment agency

President-elect Donald Trump announced on Thursday he had tapped Oklahoma Attorney General Scott Pruitt, criticized as a climate change denier and a staunch fossil fuel ally, to head the Environmental Protection Agency. "For too long, the Environmental Pr
Published 09 Dec, 2016 12:00am
Chinese firm scraps German tech deal after US block

Chinese firm scraps German tech deal after US block

A Chinese company on Thursday said it had scrapped plans to purchase German semiconductor equipment maker Aixtron after US President Barack Obama blocked a key element of the deal on security concerns. The Chinese government-backed Grand Chip Investment s
Published 09 Dec, 2016 12:00am
Russia announces halt in strikes on Aleppo

Russia announces halt in strikes on Aleppo

The Syrian army has halted its attacks on Syria's Aleppo to allow for the evacuation of civilians, Russian Foreign Minister Sergei Lavrov said Thursday. "I can tell you that today, combat operations by the Syrian army have been halted in eastern Aleppo be
Published 09 Dec, 2016 12:00am
Syrian army advances as Assad eyes Aleppo victory

Syrian army advances as Assad eyes Aleppo victory

Syria's army battled to take more ground from rebels in Aleppo Thursday after President Bashar al-Assad said victory for his troops in the city would be a turning point in the war. Three weeks into a major offensive to retake all of Aleppo, government tro
Published 09 Dec, 2016 12:00am
Nazi camp cash counterfeiter Adolf Burger dies

Nazi camp cash counterfeiter Adolf Burger dies

Adolf Burger, the last of the concentration camp inmates forced by Nazi Germany to churn out phoney British money, has died at the age of 99, media reports said Thursday.
Published 09 Dec, 2016 12:00am
Britain facing 'unprecedented' terror threat: spy chief

Britain facing 'unprecedented' terror threat: spy chief

Britain faces an "unprecedented" terror threat that will not subside until the Syrian civil war ends, the head of foreign intelligence service MI6 said Thursday. In a rare speech for an intelligence chief, Alex Younger said British authorities had foiled
Published 09 Dec, 2016 12:00am
Foreign chefs on Turkish TV are spies: Erdogan advisor

Foreign chefs on Turkish TV are spies: Erdogan advisor

You could call it stirring up tensions. A prominent advisor to President Recep Tayyip Erdogan has cooked up a simmering controversy with the suggestion that foreign chefs on Turkish television shows are undercover spies.
Published 09 Dec, 2016 12:00am
Lavrov rejects 'myth of a Russian threat' in Europe

Lavrov rejects 'myth of a Russian threat' in Europe

Moscow's top diplomat Sergei Lavrov on Thursday denounced the "myth of a Russian threat" and accused Western powers of destabilising Europe, at a meeting in Germany of OSCE nations. He urged all sides to take "a map of the continent and together look at w
Published 09 Dec, 2016 12:00am
Turkey targets German diplomats in tit-for-tat airport move

Turkey targets German diplomats in tit-for-tat airport move

Turkey is subjecting German diplomats to stricter controls at the country's main airport, in a tit-for-tat move after a Turkish MP was held this week, the state-run Anadolu news agency reported Thursday. President Recep Tayyip Erdogan had the day earlier
Published 09 Dec, 2016 12:00am
German defence minister seeks training deal in Saudi Arabia

German defence minister seeks training deal in Saudi Arabia

Germany's defence minister was in Saudi Arabia on Thursday aiming to conclude a training deal for Saudi military officers, the embassy said. Ursula von der Leyen held talks with her Saudi counterpart, Deputy Crown Prince Mohammed bin Salman, on boosting t
Published 09 Dec, 2016 12:00am
Strong quake strikes off northern California

Strong quake strikes off northern California

A 6.5-magnitude earthquake struck Thursday off the US west coast north of San Francisco, but no major tsunami threat was expected, seismologists said. The US Geological Survey said there was "a low likelihood of casualties and damage" from the quake. The
Published 09 Dec, 2016 12:00am
Hurdle cleared to visa-free EU travel for Ukraine, Georgia

Hurdle cleared to visa-free EU travel for Ukraine, Georgia

EU negotiators said Thursday they have resolved an internal row that had delayed visa-free travel to Europe for Ukrainians and Georgians. The European Commission and the bloc's 28 members will be able to reimpose visa requirements more quickly and more ea
Published 09 Dec, 2016 12:00am
Saudi, Iran engaging in 'proxy wars': UK minister

Saudi, Iran engaging in 'proxy wars': UK minister

Britain's foreign minister has accused Saudi Arabia and Iran of engaging in "proxy wars" in comments that forced the prime minister's office to deny Thursday this was the government view. Boris Johnson told a conference in Rome last week it was a "tragedy
Published 09 Dec, 2016 12:00am
Jamaat Youth Wing's polls from January 1

Jamaat Youth Wing's polls from January 1

Jamaat-e-Islami Youth Wing has announced to hold a phase-wise inter-party election in district Peshawar from January 01, while membership drive will launch from December 23, in this regard. The announcement was made by JI district president, Sabir Hussain
Published 09 Dec, 2016 12:00am
Chief Justice's condolence to families bereaved in PIA crash

Chief Justice's condolence to families bereaved in PIA crash

Expressing deep grief and sorrow over tragic aircraft crash that perished 48 passengers including crew on board near Havelian in Abbottabad district on December 7, Chief Justice of Pakistan Anwar Zaheer Jamali has offered the deepest sympathy and heartfel
Published 09 Dec, 2016 12:00am
'Government, PTI don't want judicial commission on Panamagate case'

'Government, PTI don't want judicial commission on Panamagate case'

Both the government and Pakistan Tehreek-e-Insaf want Supreme Court to hear and decide the Panama Papers leaks case and they don't want that judicial commission replaces the Supreme Court, according to Aaj News. Barrister Zafarullah, advisor to the prime
Published 09 Dec, 2016 12:00am
CCI meeting on population due on December 15

CCI meeting on population due on December 15

The government has finally convened a meeting of the Council of Common Interests (CCI) on December 15 on the issue of conducting the much-delayed sixth population census in the country. Chief Statistician and Census Commissioner Asif Bajwa and an official
Published 09 Dec, 2016 12:00am
India remains intransigent on genuine dialogue: FO

India remains intransigent on genuine dialogue: FO

Foreign Office said Thursday that a number of countries including China, Iran as well as world leaders namely US President-elect Donald Trump and UN chief Ban Ki-moon have offered mediation between Pakistan and India to resolve Kashmir dispute but the lat
Published 09 Dec, 2016 12:00am
CCP holds seminar on 'Competition Advocacy Academia Drive'

CCP holds seminar on 'Competition Advocacy Academia Drive'

As part of the 'Competition Advocacy Academia Drive,' the Competition Commission of Pakistan (CCP) held a seminar at the Iqra University Islamabad campus in which the participants including faculty members and students of management sciences and economics
Published 09 Dec, 2016 12:00am
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