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Nov 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-25
30,000 Chinese working on CPEC, other projects

30,000 Chinese working on CPEC, other projects

Around 30,000 Chinese are working on different development projects including the China-Pakistan Economic Corridor (CPEC), a major co-operation project between Pakistan and China, Pakistan Ambassador to China, Masood Khalid said on Thursday. "Pakistan''s
Published 25 Aug, 2017 12:00am
30,000 Chinese working on CPEC, other projects

30,000 Chinese working on CPEC, other projects

Around 30,000 Chinese are working on different development projects including the China-Pakistan Economic Corridor (CPEC), a major co-operation project between Pakistan and China, Pakistan Ambassador to China, Masood Khalid said on Thursday. "Pakistan's g
Published 25 Aug, 2017 12:00am
30,000 Chinese working on CPEC, other projects

30,000 Chinese working on CPEC, other projects

Around 30,000 Chinese are working on different development projects including the China-Pakistan Economic Corridor (CPEC), a major co-operation project between Pakistan and China, Pakistan Ambassador to China, Masood Khalid said on Thursday. "Pakistan's g
Published 25 Aug, 2017 12:00am
Eagerly prepared to host World XI: ISPR

Eagerly prepared to host World XI: ISPR

Pakistan Army on Thursday welcomed the upcoming Twenty20 series against a World XI outfit, comprising 14 foreign players. "We welcome Cricket Team World XI to Pakistan," Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor sa
Published 25 Aug, 2017 12:00am
Eagerly prepared to host World XI: ISPR

Eagerly prepared to host World XI: ISPR

Pakistan Army on Thursday welcomed the upcoming Twenty20 series against a World XI outfit, comprising 14 foreign players. "We welcome Cricket Team World XI to Pakistan," Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor sa
Published 25 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 24, 2017).

Published 25 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 24, 2017).

Published 25 Aug, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (August 24, 2017).

Published 25 Aug, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (August 24, 2017).

Published 25 Aug, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (August 24, 2017).
Published 25 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 Thursday (August 24, 2017).

Published 25 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 Thursday (August 24, 2017).

Published 25 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 Thursday (August 24, 2017).

Published 25 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 25 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 25 Aug, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 25 Aug, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 25 Aug, 2017 12:00am
About ICMA Pakistan
Exchange

About ICMA Pakistan

The Institute was established in 1951 with the name of 'Pakistan Institute of Industrial Accountants (PIIA) and later it was chartered by legislative Assembly of Pakistan vide Cost and Management Accountants Act, 1966. By virtue of the CMA Act, the Instit
Published 25 Aug, 2017 12:00am
About ICAP
Exchange

About ICAP

The Institute of Chartered Accountants of Pakistan (ICAP), the Institute, a self-governing, autonomous body, was formed under the Chartered Accountants Ordinance, 1961 for the purpose of regulating the accountancy profession. The provisions relating to th
Published 25 Aug, 2017 12:00am
Message from President ICAP

Message from President ICAP

Annual Report is an important medium through which stakeholders obtain knowledge about a company for their economic decision making. It can generate more value if viewed as a communications opportunity rather than a compliance obligation. Providing high q
Published 25 Aug, 2017 12:00am
Message from President ICMA Pakistan
Exchange

Message from President ICMA Pakistan

It gives me immense pleasure to know that the 'Best Corporate and Sustainability Report Awards 2016' is being organized jointly by ICMA Pakistan and ICA Pakistan on 25th August 2017. It is satisfying since it's launching in the year 2000, these Awards hav
Published 25 Aug, 2017 12:00am
Message from Federal Minister for Finance, Revenue

Message from Federal Minister for Finance, Revenue

I am pleased to learn that the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accounts of Pakistan (ICMAP) are holding the Best Corporate and Sustainability Report Awards this year, in keeping with their tra
Published 25 Aug, 2017 12:00am
Message from Governor Sindh

Message from Governor Sindh

It is commendable that both the Institutes have kept the tradition of organizing Best Corporate and Sustainability Report Awards for the last 17 (seventeen) years. These awards are encouraging for Companies to present their annual reports as per global be
Published 25 Aug, 2017 12:00am
Message from President Islamic Republic of Pakistan

Message from President Islamic Republic of Pakistan

I am pleased to learn that the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP) are regularly organizing the Best Corporate and Sustainability Report Awards Ceremony to encourag
Published 25 Aug, 2017 12:00am
Air New Zealand annual profit falls on higher competition

Air New Zealand annual profit falls on higher competition

Air New Zealand Ltd said on Wednesday its core annual profit slipped 21 percent from the previous year as fierce competition lowered fares, although the figure was still its second-highest ever because of a boom in tourism in the country. Pretax profit fo
Published 25 Aug, 2017 12:00am
Air New Zealand annual profit falls on higher competition

Air New Zealand annual profit falls on higher competition

Air New Zealand Ltd said on Wednesday its core annual profit slipped 21 percent from the previous year as fierce competition lowered fares, although the figure was still its second-highest ever because of a boom in tourism in the country. Pretax profit fo
Published 25 Aug, 2017 12:00am
Germany bets on second time lucky with migrant workers

Germany bets on second time lucky with migrant workers

As Germany struggles to absorb more than a million migrants from the Middle East and Africa, the government is hoping to avoid the mistakes it made half a century ago when it brought in a generation of guest workers from Turkey. In the 1960s, hundreds of
Published 25 Aug, 2017 12:00am
Small UK companies complain after HSBC accounts frozen

Small UK companies complain after HSBC accounts frozen

An avocado importer, an e-cigarette seller and a toilet-cleaning gun maker are among British companies that have had accounts closed or frozen by HSBC in the last two months, unintended casualties of a crackdown by the bank on illicit money flows. Dozens
Published 25 Aug, 2017 12:00am
EU worker exodus threatens UK food industry, some leaving already

EU worker exodus threatens UK food industry, some leaving already

Nearly half of businesses operating in Britain's food supply chain say European Union workers are thinking about leaving because of uncertainty around Brexit, an industry survey showed on Thursday. Food processing makes up the biggest chunk of British man
Published 25 Aug, 2017 12:00am
Lenders, auditors raise red flags at Chilean hydro project

Lenders, auditors raise red flags at Chilean hydro project

Banks backing an embattled $2.5 billion hydroelectric project in Chile have privately expressed concern about the environmental management practices of companies building the complex, internal documents show. The documents, prepared by Washington-based au
Published 25 Aug, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 3.378 billion and the number of lots traded was 7,922. PMEX Commodity Index closed at 3,003. Major business was contributed by W
Published 25 Aug, 2017 12:00am
Ivory Coast weather bodes well for main cocoa crop

Ivory Coast weather bodes well for main cocoa crop

Rain and sun in most of Ivory Coast's biggest cocoa-growing regions last week will improve the size and quality of the main crop in the world's top producer, farmers said. The harvest for the October-to-March crop is expected to start as early as mid-Sept
Published 25 Aug, 2017 12:00am
CBOT corn futures fall

CBOT corn futures fall

Chicago Board of Trade corn futures fell to their lowest levels of 2017 on Tuesday, led by weakness in wheat amid ample global grain supplies and a large Russian wheat harvest. Most-active CBOT December corn settled down 3 cents at $3.60 per bushel, its l
Published 25 Aug, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 184,943 tonnes of cargo comprising 152,957 tonnes of import cargo and 31,986 tonnes of export cargo including 6,240 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 25 Aug, 2017 12:00am
Buyers make fresh deals ahead of Eid holidays
Cotton

Buyers make fresh deals ahead of Eid holidays

Mills again played an active role in making forward deals on the cotton market ahead of Eid-ul-Azha holidays, dealers said. The official spot rate was unchanged at Rs 6050, they said. In the ready session, over 15,000 bales of cotton changed hands between
Published 25 Aug, 2017 12:00am
Weak disposition on cotton market
Cotton

Weak disposition on cotton market

Cotton market turned weak on Thursday on reported increase in cotton arrivals in Punjab. Moreover, some transport difficulty has started as trucks have been diverted to haul sacrificial animals from the interior to towns and citys of the country due to ar
Published 25 Aug, 2017 12:00am
Weak disposition on cotton market
Cotton

Weak disposition on cotton market

Cotton market turned weak on Thursday on reported increase in cotton arrivals in Punjab. Moreover, some transport difficulty has started as trucks have been diverted to haul sacrificial animals from the interior to towns and citys of the country due to ar
Published 25 Aug, 2017 12:00am
Norway's economy leaves the bad years behind as election nears

Norway's economy leaves the bad years behind as election nears

Norway's recovering economy grew more than expected in the first half of the year, data showed on Thursday, and forecasts for investment by oil companies in 2017 were raised, strengthening the crown. The turnaround follows a two-year slump that began as o
Published 25 Aug, 2017 12:00am
Qatar banks seek Asian, European funding as diplomatic crisis bites

Qatar banks seek Asian, European funding as diplomatic crisis bites

Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars from their accounts following a regional diplomatic rift. While the Qatari government has placed large deposits in its lenders to help
Published 25 Aug, 2017 12:00am
Polish consumer confidence hits all-time high

Polish consumer confidence hits all-time high

Measures of Polish consumer confidence hit an all-time high in August, data showed on Thursday, signalling that growth in the European Union's largest eastern economy could accelerate further. The leading and current index of consumer confidence rose in A
Published 25 Aug, 2017 12:00am
Saudi Arabia to open health, education sectors to full foreign ownership

Saudi Arabia to open health, education sectors to full foreign ownership

Saudi Arabia will allow foreign investors to take 100 percent ownership of companies in its health and education sectors, the head of the kingdom's investment authority told Reuters. It is the latest move by the country to gradually ease ownership restric
Published 25 Aug, 2017 12:00am
Single ticket scoops $758.7 million US jackpot

Single ticket scoops $758.7 million US jackpot

The second largest jackpot in US history, $758.7 million, has been won by a single ticket bought in small town Massachusetts in an historic individual bonanza, lottery officials said Thursday. Wednesday's winning numbers were 6, 7, 16, 23 and 26, drawn fr
Published 25 Aug, 2017 12:00am
Chinese court awards $1.5 million copyright damages to New Balance

Chinese court awards $1.5 million copyright damages to New Balance

A Chinese court has awarded US athletics shoemaker New Balance some $1.5 million in copyright damages over its famous "N" logo, a rare victory for a Western brand in the country. A court in the eastern city of Suzhou ruled that three defendants who made s
Published 25 Aug, 2017 12:00am
Brexit fears slow British growth, hit consumers and businesses

Brexit fears slow British growth, hit consumers and businesses

Britain's economy suffered weakness on all fronts in the three months to June, with shoppers pinched by the pound's tumble, exports failing to fill the gap, and business investment frozen by Brexit uncertainty. The Office National Statistics confirmed on
Published 25 Aug, 2017 12:00am
Europe's biggest refinery back on line after blaze

Europe's biggest refinery back on line after blaze

Europe's biggest oil refinery has resumed operations after most of its electricity supply was restored following a devastating fire more than three weeks ago, Shell said on Thursday. "Repairs to the electricity supply at Shell Pernis have mainly been comp
Published 25 Aug, 2017 12:00am
French jobless total nears one-year high in July

French jobless total nears one-year high in July

France's jobless total rose last month to the highest level in nearly a year as the labour market struggles to take advantage of the improving economy, Labour Ministry data showed on Thursday. The ministry said the number of people registered as out of wo
Published 25 Aug, 2017 12:00am
US homes sales fall to 11-month low; jobless claims up slightly

US homes sales fall to 11-month low; jobless claims up slightly

US home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing d
Published 25 Aug, 2017 12:00am
Hong Kong shares up

Hong Kong shares up

Hong Kong stocks followed Asian markets higher and rose for the third session in a row on Thursday, underpinned by robust gains in financial and property stocks. The market resumed trading after a one-day closure for a strong typhoon. The Hang Seng index
Published 25 Aug, 2017 12:00am
Cyclicals boost European shares

Cyclicals boost European shares

Gains by cyclical sectors helped push European stocks higher on Thursday while heavy losses in Dixons Carphone after a profit warning dominated trading. The pan-European STOXX 600 was up 0.2 percent at its close, in line with euro zone stocks and blue chi
Published 25 Aug, 2017 12:00am
Most Middle East bourses lose steam

Most Middle East bourses lose steam

Most stock markets in the Middle East declined on Thursday as local retail investors booked profits and institutional investors stayed on the sidelines, while Dubai port operator DP World underperformed because of uninspiring interim earnings. "The region
Published 25 Aug, 2017 12:00am
FTSE 100 gains but Dixons Carphone feels the pain

FTSE 100 gains but Dixons Carphone feels the pain

Britain's top share index rose on Thursday as shares in Provident Financial and WPP rallied, but a profit warning sent Dixons Carphone tumbling. The blue-chip FTSE 100 index closed up 0.3 percent at 7,407.06 points, in line with broader gains on European
Published 25 Aug, 2017 12:00am
China stocks fall

China stocks fall

China stocks fell the most in nearly two weeks on Thursday, as China Unicom tumbled after rallying earlier in the week as excitement over state enterprise reforms cooled. Investors were also cautious as the Shanghai benchmark neared the 3,300-point-mark,
Published 25 Aug, 2017 12:00am
Tokyo stocks down

Tokyo stocks down

Tokyo stocks slipped Thursday on a strong yen with sentiment also dented by President Donald Trump's remarks over a key trade agreement and a border wall with Mexico. At a rally Tuesday in Phoenix, Arizona, Trump vowed to build the border wall even "if we
Published 25 Aug, 2017 12:00am
Dollar regains some footing in Asian trade

Dollar regains some footing in Asian trade

The dollar edged higher against the yen on Thursday, paring some of the losses it suffered after US President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement. Trump warne
Published 25 Aug, 2017 12:00am
Dollar recovers some ground in Europe

Dollar recovers some ground in Europe

The dollar recovered some ground on Thursday after another politically-driven slide against the euro and yen, helped by uncertainty over what message Federal Reserve policymakers will send over coming days. The dollar has dropped 14 percent against the eu
Published 25 Aug, 2017 12:00am
Dollar sags in New York as Trump comments on shutdown, NAFTA weigh

Dollar sags in New York as Trump comments on shutdown, NAFTA weigh

The dollar fell on Wednesday in a generally risk-averse market after US President Donald Trump's threat of a government shutdown and comments about the possible termination of a North American trade agreement. Trump warned late on Tuesday he might termina
Published 25 Aug, 2017 12:00am
Sri Lankan rupee steady

Sri Lankan rupee steady

The Sri Lankan rupee closed steady on Thursday in dull trade as exporter dollar sales and inward remittances offset importer demand for the US currency in the absence of dollar buying by state-run banks, dealers said. The spot rupee ended steady at 152.90
Published 25 Aug, 2017 12:00am
Asia forex South Korean won, Philippine peso lead gains

Asia forex South Korean won, Philippine peso lead gains

The South Korean won and the Philippine peso led Asian gains against the dollar on Thursday, but traders were cautious ahead of a gathering of global central bankers in Jackson Hole, Wyoming. Analysts said President Donald Trump's threat on Wednesday to s
Published 25 Aug, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 80.70-80.70 (previous 80.70-80.70).
Published 25 Aug, 2017 12:00am
Sterling recovers from two-month lows but worries linger

Sterling recovers from two-month lows but worries linger

Sterling bounced slightly after hitting a near-two-month low against the dollar on Thursday but strategists said the outlook was still clouded by concerns about Brexit risk and economic fundamentals. Data showed revised quarterly growth of 0.3 percent in
Published 25 Aug, 2017 12:00am
Kiwi near two-month lows, Aussie range bound

Kiwi near two-month lows, Aussie range bound

The New Zealand dollar stood near two-month lows on Thursday while its Australian cousin loitered around recent ranges with traders focused on an annual meeting of central bankers. The Australian dollar was stuck at $0.7896, after spending all of this wee
Published 25 Aug, 2017 12:00am
Gold in 21 seconds for Filipino-Brit boxer

Gold in 21 seconds for Filipino-Brit boxer

Filipino-British boxer John Marvin took just 21 seconds to clinch the Southeast Asian Games light heavyweight title on Thursday, and then said he wanted a quick win as he didn't trust the judges. The 24-year-old, a lance corporal in the British Army, unle
Published 25 Aug, 2017 12:00am
Southeast Asia Games: Schooling slams critics after golden double

Southeast Asia Games: Schooling slams critics after golden double

Olympic butterfly champion Joseph Schooling rounded on critics who say he's swimming too slowly after he grabbed his fourth and fifth gold medals of the Southeast Games on Thursday. Schooling said detractors could say what they liked as he won the 100m fr
Published 25 Aug, 2017 12:00am
Premier League transfer spending sets new record

Premier League transfer spending sets new record

Premier League clubs' spending has set a new record for a single transfer window as the historically lavish spree reached £1.17 billion ($1.57 billion, 1.27 billion euros) on Thursday. With a week to go until the window closes, Deloitte's Sports Business
Published 25 Aug, 2017 12:00am
FIFA study Neymar Barcelona bonus claim

FIFA study Neymar Barcelona bonus claim

FIFA said Tursday it was investigating Brazilian superstar Neymar's complaint over an unpaid loyalty bonus from Barcelona in the increasingly bitter feud with his former club since his move to Paris Saint-Germain. A FIFA spokesman said the complaint was "
Published 25 Aug, 2017 12:00am
Raonic out of US Open with wrist injury

Raonic out of US Open with wrist injury

Canadian Milos Raonic has withdrawn from the US Open with a left wrist injury, the world number 11 announced on Instagram on Wednesday. Raonic, 26, said in the post he had a procedure on Wednesday to remove "portions of bone" that had been causing him dis
Published 25 Aug, 2017 12:00am
Faf du Plessis to lead World XI to Pakistan

Faf du Plessis to lead World XI to Pakistan

South African skipper Faf du Plessis will lead a World XI team to play three Twenty20 matches in Pakistan, authorities announced Thursday, a huge coup for a cricket-mad country eager to revive the international game. Pakistan Cricket Board (PCB) chairman
Published 25 Aug, 2017 12:00am
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