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Nov 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-17
Special Economic Zones: Chinese seek new trade avenues

Special Economic Zones: Chinese seek new trade avenues

Chinese experts and investors would hold a meeting with provincial governments today (Tuesday) to look out for new trade avenues and explore investment opportunities in special economic zones (SEZs) in all four provinces of the country. According to the s
Published 17 Oct, 2017 12:00am
Special Economic Zones: Chinese seek new trade avenues

Special Economic Zones: Chinese seek new trade avenues

Chinese experts and investors would hold a meeting with provincial governments today (Tuesday) to look out for new trade avenues and explore investment opportunities in special economic zones (SEZs) in all four provinces of the country. According to the s
Published 17 Oct, 2017 12:00am
Special Economic Zones: Chinese seek new trade avenues

Special Economic Zones: Chinese seek new trade avenues

Chinese experts and investors would hold a meeting with provincial governments today (Tuesday) to look out for new trade avenues and explore investment opportunities in special economic zones (SEZs) in all four provinces of the country. According to the s
Published 17 Oct, 2017 12:00am
Dar not granted day-long exemption from appearance
Exchange

Dar not granted day-long exemption from appearance

Finance Minister Muhammad Ishaq Dar's counsel and National Accountability Bureau (NAB) special prosecutor Monday exchanged harsh words when the former accused the NAB witness of lying during the cross-examination in the fifth hearing of the graft case aga
Published 17 Oct, 2017 12:00am
Dar not granted day-long exemption from appearance
Exchange

Dar not granted day-long exemption from appearance

Finance Minister Muhammad Ishaq Dar's counsel and National Accountability Bureau (NAB) special prosecutor Monday exchanged harsh words when the former accused the NAB witness of lying during the cross-examination in the fifth hearing of the graft case aga
Published 17 Oct, 2017 12:00am
PTI chief decides to appear before ECP

PTI chief decides to appear before ECP

After over a year-long reluctance to appear before the Election Commission of Pakistan (ECP) in a contempt case, Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has finally decided to voluntarily appear before the Commission on October 26. In a meeting
Published 17 Oct, 2017 12:00am
PTI chief decides to appear before ECP

PTI chief decides to appear before ECP

After over a year-long reluctance to appear before the Election Commission of Pakistan (ECP) in a contempt case, Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has finally decided to voluntarily appear before the Commission on October 26. In a meeting
Published 17 Oct, 2017 12:00am
The sky is falling
Exchange

The sky is falling

When an acorn fell on Chicken Little''''s head, the ruckus she raised convinced a crowd of spectators of imminent disaster. Similarly, many writers are describing current economic scenario of Pakistan as one of skyrocketing debt, nosediving exports, leadi
Published 17 Oct, 2017 12:00am
The sky is falling
Exchange

The sky is falling

When an acorn fell on Chicken Little''s head, the ruckus she raised convinced a crowd of spectators of imminent disaster. Similarly, many writers are describing current economic scenario of Pakistan as one of skyrocketing debt, nosediving exports, leading
Published 17 Oct, 2017 12:00am
The sky is falling
Exchange

The sky is falling

When an acorn fell on Chicken Little's head, the ruckus she raised convinced a crowd of spectators of imminent disaster. Similarly, many writers are describing current economic scenario of Pakistan as one of skyrocketing debt, nosediving exports, leading
Published 17 Oct, 2017 12:00am
The sky is falling
Exchange

The sky is falling

When an acorn fell on Chicken Little's head, the ruckus she raised convinced a crowd of spectators of imminent disaster. Similarly, many writers are describing current economic scenario of Pakistan as one of skyrocketing debt, nosediving exports, leading
Published 17 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 16, 2017).

Published 17 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 16, 2017).

Published 17 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 16, 2017).

Published 17 Oct, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (October 16, 2017).

Published 17 Oct, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 16, 2017).
Published 17 Oct, 2017 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 Monday (October 16, 2017).

Published 17 Oct, 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 17 Oct, 2017 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 17 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Oct, 2017 12:00am
Hakim Mohammed Said's legacy: Pride of the east

Hakim Mohammed Said's legacy: Pride of the east

Hakim Mohammad Said became a legend in his own lifetime. With his incredible vision, commitment, discipline and talents he turned his enterprise Hamdard, initially an Unani pharmaceutical company, into a massive organization which distinguished itself in
Published 17 Oct, 2017 12:00am
Shaheed Hakim Mohammed Said: A distinguished personality

Shaheed Hakim Mohammed Said: A distinguished personality

Shaheed Hakim Mohammed Said, former Governor of Sindh, a renowned Hakim (physician) of international repute, Chancellor of Hamdard University, President Hamdard Foundation Pakistan and Chairman Hamdard Laboratories (Waqf) Pakistan was a distinguished scho
Published 17 Oct, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Fridayat Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,032. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.841billion and the number of lots traded was 9,080.
Published 17 Oct, 2017 12:00am
CBOT soyabean futures higher

CBOT soyabean futures higher

Chicago Board of Trade soyabean futures closed higher Friday on follow-through buying a day after the US Department of Agriculture lowered its estimates of the US 2017 soyabean yield and 2017-18 soya ending stocks, traders said. CBOT November soyabeans se
Published 17 Oct, 2017 12:00am
US natural gas futures still highest since October

US natural gas futures still highest since October

A one-cent gain in US natural gas futures on Friday was enough to push the front-month to its highest close since late September. Traders noted prices were up earlier in the day on forecasts for colder weather this winter than in the past two years but pu
Published 17 Oct, 2017 12:00am
US FOB Gulf soyabean bids edge higher on solid demand

US FOB Gulf soyabean bids edge higher on solid demand

Basis bids for soyabeans shipped by barge to the US Gulf Coast edged higher on Friday, supported by good demand, while corn and wheat bids held mostly steady, traders said. Barge shipping remained disrupted at lock 52 on the lower Ohio River as the lock w
Published 17 Oct, 2017 12:00am
Canadian canola futures climb

Canadian canola futures climb

ICE Canadian canola futures closed higher on Friday, taking a lead from US soyabean futures that notched a 2-1/2-month high, traders said. A second straight day of active farmer selling pushed canola futures off their session highs. November canola settle
Published 17 Oct, 2017 12:00am
European wheat futures slightly firmer in Paris
Exchange

European wheat futures slightly firmer in Paris

European wheat futures in Paris ended slightly firmer on Friday, but remained near a one-month low in a subdued session, with many traders absent from the market attending a large grain industry meeting in Brussels. Strength in Chicago wheat futures added
Published 17 Oct, 2017 12:00am
US Midwest corn, soya bids higher

US Midwest corn, soya bids higher

Spot basis bids for soyabeans and corn at processors, elevators and river markets in the US Midwest on Friday were primarily steady to higher, grain merchants said. Rain in parts of the Midwest slowed corn and soyabean harvest efforts, making less grain a
Published 17 Oct, 2017 12:00am
China raises forecast for 2017-2018 corn deficit on lower output

China raises forecast for 2017-2018 corn deficit on lower output

China on Thursday increased the forecast for its deficit in corn supply in the 2017/18 crop year to 4.31 million tonnes from the 890,000 tonnes predicted last month, stoked by lower-than expected output and higher anticipated demand. Corn output is expect
Published 17 Oct, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 298,071 tonnes of cargo comprising 229,700 tonnes of import cargo and 68,371 tonnes of export cargo including NA loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 229,70
Published 17 Oct, 2017 12:00am
Heavy rains in Ivory Coast to boost cocoa crop

Heavy rains in Ivory Coast to boost cocoa crop

Heavy rains continued last week in most of top grower Ivory Coast's main cocoa regions but increased sunny spells are expected to boost the nascent main crop, farmers said on Monday. The 2017/18 season officially started on October 1, with a government gu
Published 17 Oct, 2017 12:00am
Brazil's September coffee exports unexpectedly low

Brazil's September coffee exports unexpectedly low

Brazil exported an "unexpectedly low" volume of coffee in September, recording a 24 percent decline year-on-year, exporters association Cecaff said on Tuesday, as farmers hold out for higher prices. The world's largest coffee producer shipped 2.04 million
Published 17 Oct, 2017 12:00am
HRW wheat bids unchanged

HRW wheat bids unchanged

Cash basis bids for hard red winter (HRW) wheat on Friday in the southern US Plains did not budge, a day after increased demand from millers sent protein premiums higher, grain merchants said. Protein premiums for ordinary wheat to 12.80 percent protein,
Published 17 Oct, 2017 12:00am
CBOT corn futures higher

CBOT corn futures higher

Chicago Board of Trade corn futures ended higher on Thursday, buoyed by a surge in soyabeans after the front two corn contracts fell to life-of-contract lows, traders said. CBOT December corn settled up 3 cents at $3.49 a bushel after hitting a contract l
Published 17 Oct, 2017 12:00am
CBOT wheat futures higher on short-covering

CBOT wheat futures higher on short-covering

Chicago Board of Trade wheat futures closed higher on Friday on technical buying, including short-covering a day after the December contract hit six-week low, traders said. CBOT December wheat settled up 9 cents at $4.39-1/2 per bushel. However, for the w
Published 17 Oct, 2017 12:00am
Chinese steel futures surge amid pre-winter cuts
Exchange

Chinese steel futures surge amid pre-winter cuts

Chinese steel futures surged nearly 7 percent on Friday, lifted by growing efforts among Chinese cities to curb output ahead of winter, spurring a similar rally in raw materials iron ore and coking coal. Coking coal climbed as much as 8 percent to hit its
Published 17 Oct, 2017 12:00am
EU wheat, barley area to rise next year

EU wheat, barley area to rise next year

European Union farmers are expected to sow more wheat and barley for next year's harvest, helping push up the total cereal area, but maize could lose ground, Strategie Grains analysts said. In its first area projections for the 2018 harvest, France-based
Published 17 Oct, 2017 12:00am
Sustained buying fails to dent cotton prices steeply
Cotton

Sustained buying fails to dent cotton prices steeply

Sustained purchasing of lint failed to dent rates on the cotton market on Monday in the process of trading, dealers said. The official spot rate was inert at Rs 6100, they said. In the ready session, around 30,000 bales of cotton changed hands between Rs
Published 17 Oct, 2017 12:00am
Police raid home of boss of indebted Balkans retail giant

Police raid home of boss of indebted Balkans retail giant

Police on Monday raided the Zagreb home of the owner of ailing Balkans retail giant Agrokor after a months-long probe into possible criminal reasons behind the firm's financial woes, HRT television reported. As well as raiding the home of Ivica Todoric, w
Published 17 Oct, 2017 12:00am
Stronger currency shrinks eurozone trade surplus
Currency

Stronger currency shrinks eurozone trade surplus

Eurozone's trade surplus shrank in August as the stronger euro fuelled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed. Although the euro has depreciated against the dollar from a 2017 peak in
Published 17 Oct, 2017 12:00am
Tunisia to raise taxes, lay off 3,000 workers

Tunisia to raise taxes, lay off 3,000 workers

Tunisia will raise VAT and other taxes and lay off about 3,000 public sector workers next year in a bid to cut the budget deficit, an economic adviser to the prime minister said on Monday. Tunisia will also seek to raise 7.4 billion Tunisian dinars ($3 bi
Published 17 Oct, 2017 12:00am
Hong Kong skyscraper sold for record $5.15 billion

Hong Kong skyscraper sold for record $5.15 billion

A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record of more than $5 billion, according to a report said Monday, indicating that the city's booming property sector shows no sign of slowing down. Li's CK Asset sold its 7
Published 17 Oct, 2017 12:00am
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