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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-22
Reko Diq project controversy: PM to brief Senate in in-camera session

Reko Diq project controversy: PM to brief Senate in in-camera session

Prime Minister Shahid Khaqan Abbasi on Monday said that he would brief the house about Reko Diq gold and copper mining project controversy in an in-camera session as promised by him when he was minister for petroleum in Sharif administration. In April, th
Published 22 Aug, 2017 12:00am
Strong demand pushes cotton prices up
Cotton

Strong demand pushes cotton prices up

Strong demand pushed rates up on the cotton market on Monday, dealers said. The official spot rate recovered Rs 50 to Rs 6000, they said. In the ready session, 25,000 bales of cotton changed hands between Rs 6000-6200, they said. In Sindh, seed cotton pri
Published 22 Aug, 2017 12:00am
India's refined palm oil imports to fall
Vegetable Oil

India's refined palm oil imports to fall

India's refined palm oil imports are likely to plunge in the next marketing year, industry officials said, as changes in trade tariffs make imports of crude palm oil cheaper, a boon for refiners previously hit by cheaper imports of rivals' goods. Indonesi
Published 22 Aug, 2017 12:00am
US natural gas futures fall on less cooling demand
Exchange

US natural gas futures fall on less cooling demand

US natural gas futures fell over 1 percent on Friday on forecasts for less cooling demand over the next 15 days than previously expected. Front-month gas futures for September delivery on the New York Mercantile Exchange fell 3.6 cents or 1.2 percent to s
Published 22 Aug, 2017 12:00am
US FOB Gulf soyabean prices surge on strong demand

US FOB Gulf soyabean prices surge on strong demand

Spot basis values for soyabeans shipped by barge to US Gulf Coast export terminals soared to an 11-month high on Friday on robust demand and limited supplies of top quality beans in the export pipeline, traders said. CIF soyabean barges loaded in August t
Published 22 Aug, 2017 12:00am
Brazil coffee cooperative Cooxup cuts view for output

Brazil coffee cooperative Cooxup cuts view for output

Brazil's Cooxup, the world's largest coffee cooperative, on Thursday reduced its view for the output in the region where it operates, in the south of Minas Gerais state, citing unfavourable weather and the berry borer beetle infestation.
Published 22 Aug, 2017 12:00am
European gasoline margins jump on hopes of fresh exports

European gasoline margins jump on hopes of fresh exports

Gasoline refining margins in northwest Europe edged higher on Friday on hopes that arbitrage opportunities to the United States and Asia could open up due to refinery fires in both regions. The export pull to the United States had cooled significantly as
Published 22 Aug, 2017 12:00am
CBOT corn futures firmer

CBOT corn futures firmer

Chicago Board of Trade corn futures firmed on Friday, with technical buying a feature as traders said the market was oversold following its decline to its lowest since late June earlier this week. Good weather for crop development in key growing areas lim
Published 22 Aug, 2017 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was offered firmer on Friday, tracking higher Malaysian palm oil futures on the back of expected demand growth. Futures traders expect palm oil demand from India and China to pick up ahead of the Diwali and m
Published 22 Aug, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 22 Aug, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 22 Aug, 2017 12:00am
State Bank of Pakistan conversion rates
Exchange

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 22 Aug, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 22 Aug, 2017 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 21, 2017).
Published 22 Aug, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
Reko Diq project controversy: PM to brief Senate in in-camera session

Reko Diq project controversy: PM to brief Senate in in-camera session

Prime Minister Shahid Khaqan Abbasi on Monday said that he would brief the house about Reko Diq gold and copper mining project controversy in an in-camera session as promised by him when he was minister for petroleum in Sharif administration. In April, th
Published 22 Aug, 2017 12:00am
Trump may announce modest troop increase for Afghanistan

Trump may announce modest troop increase for Afghanistan

President Donald Trump is likely to announce a modest increase in U.S. troop numbers in Afghanistan when he lays out his strategy on Monday for the war there, America's longest military conflict, a senior administration official said.
Published 22 Aug, 2017 12:00am
Total solar eclipse mesmerizes America

Total solar eclipse mesmerizes America

Emotional sky-gazers stood transfixed across North America Monday as the Sun vanished behind the Moon in a rare total eclipse that swept the continent coast-to-coast for the first time in nearly a century.
Published 22 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Thunderstorm with heavy downpour hit Karachi

Thunderstorm with heavy downpour hit Karachi

Karachi witnessed thunderstorm that hits the city with heavy rains that on one hand turned hot weather into pleasant and on the other caused power outages in many areas, Aaj News reported late Monday night. Major streets and thoroughfares were flooded wit
Published 22 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Thunderstorm with heavy downpour hit Karachi

Thunderstorm with heavy downpour hit Karachi

Karachi witnessed thunderstorm that hits the city with heavy rains that on one hand turned hot weather into pleasant and on the other caused power outages in many areas, Aaj News reported late Monday night. Major streets and thoroughfares were flooded wit
Published 22 Aug, 2017 12:00am
Nawaz still presiding over party meetings ECP seeks explanation

Nawaz still presiding over party meetings ECP seeks explanation

The Election Commission of Pakistan (ECP) on Monday sought explanation from Pakistan Muslim League-N on the allegation that disqualified Prime Minister Nawaz Sharif is chairing party meetings in violation of election rules. The ECP has summoned PML-N Chai
Published 22 Aug, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Nawaz still presiding over party meetings ECP seeks explanation

Nawaz still presiding over party meetings ECP seeks explanation

The Election Commission of Pakistan (ECP) on Monday sought explanation from Pakistan Muslim League-N on the allegation that disqualified Prime Minister Nawaz Sharif is chairing party meetings in violation of election rules. The ECP has summoned PML-N Chai
Published 22 Aug, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Panama Papers case: Dar files review petition

Panama Papers case: Dar files review petition

Federal Finance Minister Ishaq Dar on Monday filed a review petition before the Supreme Court, challenging the apex court's July 28 verdict in Panama Papers case through which National Accountability Bureau (NAB) has been asked to file reference against D
Published 22 Aug, 2017 12:00am
Panama Papers case: Dar files review petition

Panama Papers case: Dar files review petition

Federal Finance Minister Ishaq Dar on Monday filed a review petition before the Supreme Court, challenging the apex court's July 28 verdict in Panama Papers case through which National Accountability Bureau (NAB) has been asked to file reference against D
Published 22 Aug, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 21, 2017)

Published 22 Aug, 2017 12:00am
Lawyers take out protest rally against LHC CJ

Lawyers take out protest rally against LHC CJ

The lawyers on Monday broke into judges' entry gate of the Lahore High Court (LHC) after a larger bench issued non-bailable arrest warrants of Multan Bar President Sher Zaman Qureshi for not appearing before the bench in contempt of court proceedings init
Published 22 Aug, 2017 12:00am
Lawyers take out protest rally against LHC CJ

Lawyers take out protest rally against LHC CJ

The lawyers on Monday broke into judges' entry gate of the Lahore High Court (LHC) after a larger bench issued non-bailable arrest warrants of Multan Bar President Sher Zaman Qureshi for not appearing before the bench in contempt of court proceedings init
Published 22 Aug, 2017 12:00am
UAE nuclear programme edges toward 2018 launch

UAE nuclear programme edges toward 2018 launch

At first glance, the long hallway seems abandoned. But behind glass walls, in soundproof offices, engineers and physicists are putting the final touches to the Arab world's first nuclear programme. At the Federal Authority for Nuclear Regulation (FANR) in
Published 22 Aug, 2017 12:00am
Criticality of credible statistics

Criticality of credible statistics

A notification was issued separating the Statistics Division from the Finance Division soon after Prime Minister Shahid Khaqan Abbasi took oath on 1st August 2017 - a decision fully supported by this newspaper which has consistently maintained that Pakist
Published 22 Aug, 2017 12:00am
The Weather

The Weather

The weather report on Monday (August 21, 2017) and the forecast for Tuesday (August 22, 2017).

Published 22 Aug, 2017 12:00am
Reforming arms licencing

Reforming arms licencing

A recent cabinet meeting was revealing in that how gun culture has become synonymous with social status. The first item on the agenda was Prime Minister Shahid Khaqan Abbasi's proposal to streamline arms licencing regime and placing a ban on automatic wea
Published 22 Aug, 2017 12:00am
Review of the federal PSDP

Review of the federal PSDP

The Federal Public Sector Development Programme (PSDP) has been set at Rs 1001 billion for 2017-18. This represents a 'big push', with a 40 percent growth over the development spending in 2016-17. In effect, the Federal PSDP is expected to rise from 2.2 p
Published 22 Aug, 2017 12:00am
Balochistan needs attention

Balochistan needs attention

One of the achievements of his four-year rule that the disqualified prime minister Nawaz Sharif cites is what he says improved law and order situation in Balochistan. He is right but only up to an extent. What one can certainly observe in this province is
Published 22 Aug, 2017 12:00am
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