Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (December 13, 2017).
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 13, 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 Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,087. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.533 billion and the number of lots traded was 7,647.
US hard red winter (HRW) wheat cash spot basis bids rose at the US Gulf on Tuesday, a day after mostly steady to lower protein premiums, grain merchants said. The track basis at the US Gulf export terminal increased by 4 cents from Monday to 239 cents abo
European wheat futures closed slightly firmer on Tuesday as the monthly world grain and oilseeds supply and demand estimates from the US Department of Agriculture (USDA) gave some support to US markets. March milling wheat, the most active contract on the
US natural gas futures fell to a nine-month low on Tuesday on forecasts for milder weather later in December than previously expected, while production remains near record highs. Front-month gas futures fell 15 cents, or 5.3 percent, to settle at $2.678 p
The Karachi Port handled 112,288 tonnes of cargo comprising 99,612 tonnes of import cargo and 12,676 tonnes of export cargo including 4,843 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 9
Rush buying pushed the rates further higher on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate was higher by Rs 100 to Rs 6,800, they said. In ready session, over 22,000 bales of cotton changed hands between
Basis bids for corn and soyabeans shipped by barge to the US Gulf Coast were steady to slightly higher on Tuesday as declines in futures kept farmer sales to a minimum, traders said. Chicago Board of Trade (CBOT) corn futures slumped to life-of-contract l
A Muslim cleric accused of issuing a fatwa banning women from working on farms has been arrested in Bangladesh, police said Wednesday. The imam and five mosque officials face charges after their announcement prompted locals in the western town of Kumarkha
Rohingya Muslims remaining in Myanmar's Rakhine state and other communities in the violence-racked region are so terrified of each other that life has basically ground to a halt, the Red Cross said Wednesday. More than 620,000 of Myanmar's Muslim minority
A tiny replica of an ancient Egyptian sarcophagus and a plastic cat squatting on sushi: just two of the weird-and-wonderful capsule toys that have become a multi-million-dollar craze in cute-obsessed Japan. The industry is now worth an estimated 30 billio
A South African court on Wednesday reprimanded President Jacob Zuma as "seriously reckless" after he challenged the recommendations of the country's anti-corruption watchdog for a graft probe against him. The High Court in the capital Pretoria ordered Zum
Brazilian police raided the offices and homes of two members of Congress on Wednesday in the country's latest corruption probe as the government makes a last-ditch effort to vote on an overhaul of the national pension system. Dubbed "Operation" the probe
A German court said Wednesday it is releasing one of three suspected jihadists arrested for allegedly planning coordinated suicide bombings in the western German city of Duesseldorf. No proof has been found that Jordanian national Mahmood B. was participa
The United States on Tuesday unveiled federal terrorism charges against the Bangladeshi driver who detonated a bomb in a New York subway passageway, after allegedly being inspired by the Islamic State group and self-radicalizing as early as 2014. Akayed U
A court in Cairo on Tuesday sentenced an Egyptian pop singer to two years in prison for "inciting debauchery" over a racy music video clip, a judicial source said. Shyma, a little-known 21-year-old singer, was also fined 10,000 pounds ($560). The director
Egyptian security forces have arrested three supporters of presidential hopeful and former prime minister Ahmed Shafik, security sources and members of his party said on Wednesday. The men were charged with spreading false information harmful to national
Walt Disney Co. and 21st Century Fox shares were in the spotlight Wednesday amid reports the two media-entertainment powerhouses were readying a major deal for some of Fox's prized television and film assets. Some reports said the deal - in which Disney w
Britain's unemployment rate remains at a 42-year low, official data showed Wednesday, but workers' wages are still failing to keep pace with inflation. The jobless rate - or the proportion of the workforce that is unemployed - stood at 4.3 percent in the
Austrian airline Niki faced insolvency and its planes being grounded Wednesday as Lufthansa gave up on plans to buy it from bankrupt Air Berlin in the face of competition concerns from the European Commission. "Lufthansa informed Air Berlin and its insolv
Italian employers group Confindustria on Wednesday maintained its forecast for Italy's economic growth this year, but predicted faster-than-expected output in 2018. However, Confindustria said the country continued to lag most of its euro zone peers, and
Revenge is sweet for the makers of France's traditional "calisson" candies, who have won a months-long legal battle with a businessman who trademarked the product's name in China. The lozenge-shaped sweets, made of a mixture of candied fruit and ground al
Turkey's sovereign wealth fund (TVF) is in talks with China's ICBC, Singapore's wealth fund TEMASEK and the Russian Direct Investment Fund (RDIF) on cooperation in bilateral project financing, TVF acting chairman Himmet Karadag told Reuters. The $50 billi
Turkey's sovereign wealth fund (TVF) is in talks with China's ICBC, Singapore's wealth fund TEMASEK and the Russian Direct Investment Fund (RDIF) on cooperation in bilateral project financing, TVF acting chairman Himmet Karadag told Reuters. The $50 billi
French carmaker Renault said Wednesday it will buy a big stake in a French newspaper group as it prepares to give motorists reading material while they sit in driverless cars with time on their hands. The company said it is acquiring 40 percent in the Cha
China will strengthen supervision of the overseas operations of state-owned firms and push forward efforts to cut their debt, state radio said on Wednesday, citing a cabinet meeting. The meeting, headed by Premier Li Keqiang, stressed that China must impr
Canadian home prices fell again in November, the third straight monthly decline and the largest November drop outside of a recession, as Toronto prices fell for the fourth month and Vancouver prices were flat, data showed on Wednesday. The Teranet-Nationa
The city of York in northern England has refused to grant US ride-hailing app Uber a new licence to operate, creating more headaches for the company in Britain after a similar move by regulators in London. The York city council explained its decision on T
Mounting gasoline prices helped drive US consumer inflation higher in November, pushing the annual measure above the central bank's target, according to a government report Wednesday. The news comes as the Federal Reserve is poised to raise interest rates
Corporate news pulled down stock markets in Saudi Arabia and Dubai on Wednesday, while Abu Dhabi was supported by a strong new listing and Qatar surged after the release of the government's 2018 budget. The Dubai index dropped 1.4 percent as Emaar Propert
Tokyo stocks closed lower on Wednesday ahead of a rate announcement by the US Federal Reserve, while Toshiba edged up after it settled a dispute with its US partner. The benchmark Nikkei 225 index lost 0.47 percent, or 108.10 points, to close at 22,758.07
Wall Street stocks rose early Wednesday ahead of an expected Federal Reserve interest rate increase and amid signs Republican congressional leaders were nearing a deal on tax cuts. The Fed is widely expected to raise the benchmark interest rate and outgoi
The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in US corporate taxes and continued economic growth after strong inflation data. US producer prices rose in Nove
Sri Lankan shares fell on Wednesday to their lowest close in nearly eight months as investors sold banking and diversified shares. The Colombo Stock Index fell 0.12 percent to 6,352.77, its lowest close since April 17. The index lost 0.6 percent last week
US Treasury yields rose on Tuesday as stronger-than-forecast data on producer prices in November offset average demand at a $12 billion auction of 30-year bonds. The two-year yield reached its highest level in more than nine years as traders anticipated a
US Treasury yields rose on Tuesday as stronger-than-forecast data on producer prices in November offset average demand at a $12 billion auction of 30-year bonds. The two-year yield reached its highest level in more than nine years as traders anticipated a
Real estate stocks boosted Australian shares to their highest close in a month on Wednesday, buoyed by gains in shopping centre company Westfield Corp after it received a takeover offer from France's Unibail-Rodamco SE . The S&P/ASX 200 index rose 0.14 pe
Hong Kong stocks rebounded on Wednesday, underpinned by services and financial firms. At close of trade, the Hang Seng index was up 428.22 points or 1.49 percent at 29,222.10. The Hang Seng China Enterprises index rose 1.83 percent to 11,519.79. The sub-i
European bourses opened on a cautious note on Wednesday despite gains on Wall Street and in Asia as investors await a US Federal reserve meeting and assess the political implications of Donald Trump's setback in a bitter Senate election in Alabama. The pa
Indian shares ended lower on Wednesday, with banks among the biggest laggards after unexpectedly high consumer inflation in November raised fears the central bank could hike interest rates sooner than expected. The benchmark BSE index closed down 0.53 per
Most Southeast Asian stock markets recovered to close higher on Wednesday, with Singapore settling at its highest in 31 months. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent as crude oil futures gained some lost ground.
British shares traded sideways on Wednesday as investors' anticipation of a rate rise from the US Fed drove financial stocks higher while high-yielding consumer stocks suffered. The FTSE 100, mid-cap and small-cap indices all held steady by 0920 GMT, refl
The Canadian dollar strengthened against its US counterpart on Wednesday as oil rose, while American inflation data pressured the greenback ahead of an expected interest rate increase by the Federal Reserve. The price of oil, one of Canada's major exports
A two-week rally in the dollar stalled on Wednesday after a Democrat won a bitter fight for a US Senate seat in deeply conservative Alabama, injecting fresh uncertainty about the outlook for the greenback in the coming months. Even as the US Federal Reser
The dollar stood near a four-week high against a basket of currencies on Wednesday after strong US wholesale price figures kept the Federal Reserve on track for a widely-expected rate rise this week and more in 2018. The dollar index stood at 94.071, havi
The US dollar weakened on Wednesday after consumer price data showed sluggish inflation, adding to concerns the Federal Reserve will be less able to execute multiple rate increases next year. Excluding the volatile food and energy components, consumer pri
The US dollar rose to almost one-month highs against a basket of currencies on Tuesday as the Federal Reserve began a two-day policy meeting where it is widely expected to raise interest rates for the fifth time since 2015. Investors will be watching for
The Indian rupee dipped nearly quarter of a percent on Wednesday, despite a sharper-than-expected jump in consumer inflation which breached the central bank's 4 percent target. Other Asian currencies were little changed as traders were wary of taking fres
Sterling edged up just a touch on Wednesday as data showed British pay had picked up a little speed in the three months to October, but employment fell again, suggesting employers are turning more cautious as Brexit nears. The numbers showed workers' tota
The Australian dollar on Wednesday rose further above a recent six-month trough, driven in part by talk of future flows related to multi-billion dollar M&A deals, while its New Zealand cousin made a new one-month top. The Australian dollar climbed as far
Tyson Fury could have his boxing licence reinstated when the British Boxing Board of Control (BBBofC) meets next month, a move that would allow the controversial fighter to make a dramatic return to the ring. UK Anti-Doping (UKAD) has cleared the 29-year-
Australian Jeff Horn retained his World Boxing Organisation welterweight title with an 11th round technical knockout win over English challenger Gary Corcoran in Brisbane on Wednesday. Horn, in his first title defence since he upset Philippine boxing hero
Captain Joe Root has challenged his England team to stand up and keep the Ashes series alive in Thursday's crucial third Test against Australia in Perth. Root, who admits he is "fed up" talking about off-field issues, said it was time for his teammates to
The Dar Hockey Academy is going to organise 'Himont Cup Inter-School Hockey Tournament' from Friday here at the National Hockey Stadium. The president of Dar Hockey Academy Tauqeer Dar said here on Wednesday that the event is being organised in a bid to p
Khyber Medical University (KMU) Peshawar has inaugurated the 3rd annual sports gala 2017. The former Squash World Champion Qamar Zaman was the chief guest at the inaugural session. KMU vice chancellor Professor Dr Arshad Javaid, Director Sports Dr Inayat
Skipper Rohit Sharma on Wednesday became the first batsman to hit three double centuries in one-day internationals as he powered India to 392-4 in their second match against Sri Lanka. The opener led the Indian charge, smashing 12 sixes and 13 fours in an
Australia will bid to host the 2021 women's and 2027 men's World Cups, Rugby Australia said on Wednesday, building on government plans to construct new stadiums in Sydney. Australia successfully co-hosted the men's edition in 1987 with New Zealand and hos
Two-time Australian Open winner Victoria Azarenka, who has been locked in a custody battle over her baby son, was Wednesday handed a wildcard into January's Australian Open. Tournament director Craig Tiley said every assistance would be provided to the fo
The qualifying round of the National Finance Olympiad 2017 was held at the Institute of Chartered Accountants of Pakistan (ICAP)'s offices in Lahore and Karachi simultaneously on Tuesday with the announcement of 15 winning teams for next round to be held
Kandy Land Club advanced to next round after securing four wickets victory against Swat in the ongoing Khyber Pakhtunkhwa Youth (KPY) Under-19 T20 Cricket Tournament being played here at Arbab Niaz Cricket Stadium on Wednesday. Swat club won the toss and
Holding the Winter Olympics in a little-known corner of South Korea was never an easy proposition, but a ban on Russia and the latent threat of nuclear war have left the hosts hoping that things can only get better. With less than two months to go, a flur
Rio de Janeiro riot police arrested dozens of Flamengo football fans Wednesday when they used fireworks to attack hotels housing members of Argentinian team Independiente ahead of a regional cup final. Flamengo fans "shot fireworks and rockets" at a Hilto