Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 07, 2017).
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
On Monday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,155. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 6.23 billion and the number of lots traded was 14,141. Major business was contributed by gol
US wheat futures dropped 1.7 percent on Monday as traders locked in profits from the market's rally last week. Plentiful global supplies and rising competition on the export market weighed on wheat too. Brazil, traditionally one of the world's largest whe
Export premiums for soyabeans shipped from the US Gulf Coast were mostly steady to firmer on Monday, with nearby prices supported by firm CIF barge basis values and deferred offers capped by stiff competition from South America, traders said. The barges o
US natural gas futures on Monday slipped to their lowest levels since November on forecasts for less cold weather and light heating demand for the rest of the winter. Front-month gas futures eased 1.3 cents, or 0.4 percent, to settle at $3.050 per million
The Karachi Port handled 150,517 tonnes of cargo comprising 118,788 tonnes of import cargo and 31,729 tonnes of export cargo including 5,811 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 11
The volume of business improved on the cotton market on Tuesday despite lack of buying interest, dealers said. The official spot rate was unmoved at Rs 6700, dealers said. In Sindh, seed cotton prices were at Rs 3200-3500, they said. In Punjab, phutti rat
Several downpours last week in most of Ivory Coast's main cocoa growing regions will help produce a healthy April-to-September mid-crop, farmers said on Monday, while in other areas rain was needed to keep flowers from drying out. The dry season in the wo
China's first homegrown big passenger plane will make its maiden voyage in the first half of this year, state media said Monday, as the country seeks to challenge foreign giants Airbus and Boeing. The C919 narrow-body jet is expected to "realise its blue-
President Donald Trump's review of post-crisis banking rules could sound the death knell for new global standards now being finalised and rip apart a common approach to regulating international lenders, bankers and regulators said. Central banks and watch
Sri Lanka's central bank kept its key rates steady on Tuesday for a sixth straight month, but flagged possible "corrective measures" in the months ahead in a sign further tightening might be on the cards to temper inflation pressures and safeguard a fragi
Canada posted a second consecutive monthly trade surplus for the first time in more than two years in December, but booming oil exports obscured weakness in some key sectors. The C$923 million ($699 million) surplus announced by Statistics Canada on Tuesd
Nigeria is targeting economic growth of at least 7 percent a year by 2020, the Ministry of Budget and National Planning said on Tuesday, a far cry from its current recession, the first in 25 years. Nigeria's economy is heavily dependent on exports of crud
Portugal's banking system will become more stable this year, but profitability will be held back by limited credit demand and bad loans, Moody's analyst Pepa Mori said on Tuesday. The ratings agency has a stable outlook for Portuguese banks, which have be
Portugal's banking system will become more stable this year, but profitability will be held back by limited credit demand and bad loans, Moody's analyst Pepa Mori said on Tuesday. The ratings agency has a stable outlook for Portuguese banks, which have be
Profit after tax at Ryanair dropped eight percent in its third quarter after the pound weakened sharply following Britain's decision to exit the EU, the Irish no-frills carrier said Monday. Net profits fell to 95 million euros ($102 million) in the three
Profit after tax at Ryanair dropped eight percent in its third quarter after the pound weakened sharply following Britain's decision to exit the EU, the Irish no-frills carrier said Monday. Net profits fell to 95 million euros ($102 million) in the three
Britain set out plans on Tuesday to make renting more affordable, protect tenants and punish developers for not building quickly enough, in a shift away from decades of policy almost solely promoting home ownership. In a white paper entitled "Fixing our b
The first post-Brexit vote cracks may be emerging in consumer spending, the cornerstone of Britain's economy, with a series of downbeat retail surveys suggesting inflation pressures are starting to weigh on households. Britain's economy outperformed expec
China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows.
Australia's central bank held rates steady at its first policy meeting of the year on Tuesday, playing down a recent soft patch in economic growth as a temporary hiccup that would not prevent a pick up to a healthy 3-percent pace over time. The Reserve Ba
Dubai welcomed a record 14.9 million visitors in 2016, the city's tourism department said Tuesday, as the Gulf emirate capitalised on its reputed safety in a region wracked by turmoil. The city-state, one of seven sheikhdoms that make up the United Arab E
General Motors said Tuesday earnings in the fourth quarter tumbled but it posted another round of strong car sales, led by North America. Earnings in the fourth quarter for the largest US car company fell to $1.8 billion, a stunning 70.7 percent below the
General Motors said Tuesday earnings in the fourth quarter tumbled but it posted another round of strong car sales, led by North America. Earnings in the fourth quarter for the largest US car company fell to $1.8 billion, a stunning 70.7 percent below the
BP returned to profit in 2016 as cost-cutting and lower charges linked to the Gulf of Mexico oil spill offset weaker crude prices, the British energy giant announced Tuesday. Profit after tax stood at $115 million (108 million euros) compared with a net l
BP returned to profit in 2016 as cost-cutting and lower charges linked to the Gulf of Mexico oil spill offset weaker crude prices, the British energy giant announced Tuesday. Profit after tax stood at $115 million (108 million euros) compared with a net l
France's tourism industry rebounded in late 2016 after two tough years marked by a series of jihadists attacks, national statistics agency Insee said Tuesday. The number of overnight stays rose 3.9 percent in the last three months of 2016 compared with th
The US trade deficit fell more than expected in December as exports rose to their highest level in more than 1-1/2 years, outpacing an increase in imports. The Commerce Department said on Tuesday the trade gap dropped 3.2 percent to $44.3 billion, ending
Strong corporate earnings in Egypt and Dubai buoyed those markets on Tuesday, while Kuwait continued pulling back on profit-taking after a bullish run last month. Cairo's Palm Hills Development soared 9.2 percent to 3.08 Egyptian pounds after it reported
Tokyo stocks fell Tuesday, with exporters hit as the yen jumped on US and European political uncertainty. The Japanese currency, seen as a safe haven in times of instability, firmed on questions over US policy implementation under President Donald Trump a
US stocks were higher in later morning trading on Tuesday, with the Dow Jones Industrial Average and the Nasdaq Composite hitting record levels and the S&P 500 coming within spitting distance of yet another all-time high. Markets have rallied sharply afte
US stocks slipped on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports and sought further clarity on President Donald Trump's economic policies. The benchmark S&P 500 receded after climb
Hong Kong stocks were little changed on Tuesday, with buying interest from the mainland countered by weakness in global markets. The benchmark Hang Seng index dropped 0.1 percent, to 23,331.57 points, while the Hong Kong China Enterprises Index gained 0.1
US short- and medium-dated Treasury yields hit their lowest levels in at least 13 days on Monday on mounting European political uncertainty and a dearth of information on US President Donald Trump's promised pro-growth policies. With Trump's promises to c
US short- and medium-dated Treasury yields hit their lowest levels in at least 13 days on Monday on mounting European political uncertainty and a dearth of information on US President Donald Trump's promised pro-growth policies. With Trump's promises to c
Australian shares trod water on Tuesday, with losses in the financial sector offsetting gains in materials and industrials, after the country's central bank held rates steady at its first policy meeting of the year. The S&P/ASX 200 index edged up 0.1 perc
Indian shares fell on Tuesday, retreating from four-month highs hit in the previous session, as investors turned cautious ahead of the Reserve Bank of India's policy meeting, with views split on whether it will cut interest rates. The broader NSE index cl
China stocks pulled back on Tuesday on fresh signs the government was moving to deflate potential credit bubbles in the broader economy, reinforcing recent central bank tightening moves that have crimped investors' risk appetite. The blue-chip CSI300 inde
European shares rose on Tuesday, helped by some encouraging company results, but French stocks slipped after earnings at BNP Paribas disappointed and election jitters weighed on the country's sovereign bonds. The pan-European STOXX 600 index rose 0.3 perc
Taiwan stocks fell on Tuesday tracking regional bourses as investors locked in profits from recent gains, with smartphone manufacturer HTC Corp trading lower on weak January sales data. As of 0147 GMT, the main TAIEX index was down 0.1 percent at 9,531.01
Most Southeast Asian stock markets fell on Tuesday, in line with global equities, as lack of details on US President Donald Trump's economic policies and geopolitical concerns in Europe dented risk appetite. "The policies of the Trump administration and w
British shares rose on Tuesday, boosted by a weak sterling and a surge in services company DCC, while UK mid caps posted a record closing level. Sterling fell to its lowest in two weeks against the dollar, contributing to gains for Britain's blue-chip FTS
The yen held large gains against a number of peers on Tuesday as investors sought refuge in the safe-haven Japanese currency amid a latest rise in European political concerns. The dollar traded at 111.930 yen after slipping to 111.590, its lowest since No
Beset by political worries, the euro was set for its biggest daily fall of 2017 on Tuesday as broad gains halted a four-week run lower in the US dollar. In morning trade in Europe, the single currency shed 0.8 percent to fall below $1.07, with investors a
The dollar climbed to a more than one-week high on Tuesday as it gained for a fifth straight session, bolstered by technical buying after recent losses, as well as political uncertainty in Europe with a slew of elections this year. The greenback was on tr
The euro slid to a one-week low against the dollar on Monday on concerns over French politics ahead of the presidential vote in April as well as other impending elections in Europe in a year of political uncertainty. "Political risk is serving to dampen t
The Sri Lankan rupee ended slightly weaker on Tuesday due to dollar demand from banks as foreign investors continued to sell government securities, while the central bank revised the spot reference rate to a record low of 150.75, dealers said. The market
Asian currencies slipped on Tuesday, taking a breather from their recent rally, as concerns about France's presidential election and risks from European elections coming up this year dampened risk sentiment. Some Asian currencies were weighed down by prof
China's yuan weakened against the dollar on Tuesday, dragged down by dollar demand from individuals and a slightly stronger greenback, traders said. Markets were also awaiting the release of January foreign exchange reserve data expected later in the day.
Sterling fell to its lowest in two weeks against the dollar on Tuesday as the greenback surged against the euro and a raft of other major currencies following its fourth consecutive weekly fall. Another batch of downbeat data - this time from the BRC meas
The Australian dollar rebounded on Tuesday after the country's central bank sounded upbeat about economic growth and inflation prospects at its first policy meeting of the year. The Australian dollar climbed 0.21 percent to $0.7676, not far from a three-m
Australia's Tim Cahill has apologised for swearing at a referee after he was bizarrely sent off before he even made it onto the pitch in last week's explosive Melbourne derby. The former Everton forward, now with Melbourne City, was about to come on as a
Nathan Lyon and Steve O'Keefe have sought help from two of Test cricket's greatest off-spinners ahead of Australia's series in India later this month. The front-line pair approached New Zealand's Daniel Vettori and Australia's chief destroyer in Sri Lanka
Russia will miss August's World Athletics Championships in London after their doping ban was extended on Monday, world governing body president Sebastian Coe said. Coe said Russia, whose 15-month ban from athletics was prolonged at the IAAF's Council meet
Pakistan sealed their seventh consecutive victory in the World Blind Twenty20 on Tuesday defeating Bangladesh by 151 runs at the KSCA Ground Alur, Bangalore, India.
Rafael Nadal said on Monday will join Wimbledon champion Andy Murray in preparing for the grass court Grand Slam at Queen's in June. Nadal had to pull out of the grass event last year due to a wrist injury but won the title back in 2008, before going on t
Inter-College Women Judo Championship under the aegis of Shaheed Benazir Bhutto University got under way here at Larrama Campus on Tuesday. Vice Chancellor Shaheed Benazir Bhutto Women University Professor Dr Razia Sultana was the chief guest on this occa
World football's governing body FIFA on Tuesday said it had extended a ban on five officials who have been involved in a leadership battle for control of the game in Nigeria. FIFA said its disciplinary committee had "decided to extend the five-year ban fr
Across the road from the pentagonal arena which will host South Korea's Winter Olympics opening ceremony a year from Thursday, bundles of dead fish dangle from a wooden frame outside Lee Yong-Oon's shop.
A four-day PIA Training Centre (PTC) Sports Gala was inaugurated by CEO PIA, Bernd Hildenbrand here on Tuesday. The event would conclude on February 10. Students of Aerospace Engineering and Avionics, studying at PTC, are taking part in various indoor and
Austrian outsider Nicole Schmidhofer admitted she surprised even herself after coming back from injury to score a memorable victory in the women's super-G at the World Ski Championships on Tuesday. There was drama down the Engiadina piste as American star
District Charsadda clinched the trophy of the Junior Muay Thai Amateur Karate Championship, which concluded here at Lala Rafique Sports Arena, Qayyum Sports Complex on Tuesday. Nazim Town-I Zahir Nadeem was the chief guest on this occasion.
Alastair Cook said he could no longer give the "100 percent" required as he explained in detail Tuesday why he had resigned as England's Test captain. The 32-year-old opening batsman, who wants to continue his England career, announced Monday he was resig
Jovenel Moise was sworn in Tuesday as Haiti's 58th president, ending a protracted electoral crisis that had created a vacuum of power in the impoverished, disaster-prone Caribbean nation. Moise, a 48-year-old banana exporter who has never held political o
Military leaders warned US lawmakers Tuesday that aging equipment, underfunding and understaffing have left the Pentagon critically unprepared, as the Republican-led Congress hopes to usher in a spending bonanza under President Donald Trump.
French wastewater treatment company Suez said Tuesday it had been awarded a contract to design an artificial wetland to clean water from a petrochemical industrial zone outside Shanghai. Suez said the 36-hectare "dragonfly zone" will use "the treatment ca
A suicide bomber on foot ripped through a crowd of Afghan Supreme Court employees Tuesday, killing at least 20 people and wounding 41 others in the second attack on government institutions in under a month. The assailant detonated the device in the parkin
Several hundred German soldiers arrived in Lithuania on Tuesday as part of the multinational Nato battalion being deployed in the country, part of the alliance's effort to beef up its eastern flank. The battalion is one of four Nato is providing on a rota
The Syrian government executed up to 13,000 prisoners in mass hangings and carried out systematic torture at a military jail near Damascus, rights watchdog Amnesty International said on Tuesday. Amnesty said the executions took place between 2011 and 2015
The EU said Tuesday it had failed to agree on long-delayed plans for a public prosecutor's office to combat fraud. The 28-nation bloc may now have to settle for a smaller group of countries agreeing on closer cooperation, in another sign of a divided, two
Liberian President Ellen Johnson Sirleaf has barred all official visits abroad for two months, following protests over soaring prices as the local currency depreciates, the information minister said Tuesday. "Except in case of emergency, no official will
Syrian President Bashar al-Assad said US President Donald Trump prioritising the fight against jihadists led by Islamic State was promising although it was too early to expect any practical steps, state news agency SANA reported on Tuesday. The Kremlin, A
There would be no winner from conflict between China and the United States, Chinese Foreign Minister Wang Yi warned on Tuesday, seeking to dampen tension between the two nations that flared after the election of US President Donald Trump. Relations betwee