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Feb 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-10-23
Tauqeer Dar requested to coach Pakistan hockey team

Tauqeer Dar requested to coach Pakistan hockey team

After quitting by the Dutch coach Roelant Oltmans, the former Olympian Tauqeer Dar has been approached for coaching the men's national hockey team as a stop gap arrangement. Manager of national hockey team Hasan Sardar has approached Touqeer Dar in this r
Published 23 Oct, 2018 12:00am
Vawda says government looking into Indus Waters Treaty

Vawda says government looking into Indus Waters Treaty

Federal Minister for Water Resources Faisal Vawda on Monday said the government is looking into the Indus Waters Treaty as Pakistan has severe problems with India on water issues. Addressing at a press conference here, Vawda stated that former government
Published 23 Oct, 2018 12:00am
CII denies rumours about women's right to divorce

CII denies rumours about women's right to divorce

The Council of Islamic Ideology (CII) on Monday said no proposal was under its consideration about granting women the right to divorce their husbands. A CII spokesman, in a statement, denied a news reported by a section of media that the Council was conte
Published 23 Oct, 2018 12:00am
JI chief urges PM to name politicians involved in crime

JI chief urges PM to name politicians involved in crime

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has stressed upon the Prime Minister Imran Khan to name the politicians involved in crime, issue details of their crimes and put them behind the bars. According to media cell of JI at Mansoora, while addressi
Published 23 Oct, 2018 12:00am
Drive against land grabbers, encroachments to be continued: CM

Drive against land grabbers, encroachments to be continued: CM

Punjab Chief Minister Sardar Usman Buzdar on Monday said that indiscriminate operation against land grabbers and encroachments will be continued and the anti-encroachment committees' setup at district level will review matters pertaining to encroachments.
Published 23 Oct, 2018 12:00am
Punjab government will disburse interest-free loans to farmers: minister

Punjab government will disburse interest-free loans to farmers: minister

The Agriculture Minister Punjab, Malik Nauman Ahmad Langrial has said that the provincial government will disburse Rs 15 billion as interest-free loans to the farming community with the objective of increasing productivity and improving the living standar
Published 23 Oct, 2018 12:00am
Zardari, Nawaz two sides of same coin: Aleem

Zardari, Nawaz two sides of same coin: Aleem

Punjab Senior Minister Abdul Aleem Khan on Monday criticized Pakistan People's Party (PPP) Co-Chairman Asif Ali Zardari for his disparaging remarks against the present government and said that once again it has proved that Zardari and Nawaz Sharif are two
Published 23 Oct, 2018 12:00am
NAFL signs agreement with Turkish firm

NAFL signs agreement with Turkish firm

NAFL, one of the affiliated companies of Nishat Group, has entered into a joint venture agreement with SÜTAS, one of the largest producers of milk and dairy products in Turkey, for the manufacturing, marketing and sale of premium dairy products in Pakista
Published 23 Oct, 2018 12:00am
PTI government policies: Zardari, Fazl agree to hold APC

PTI government policies: Zardari, Fazl agree to hold APC

Co-Chairman Pakistan Peoples Party (PPP) Asif Ali Zardari and Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman on Monday announced to unite all the opposition parties in the Parliament to make joint efforts to steer the country out of crises.
Published 23 Oct, 2018 12:00am
Nawaz, Maryam's bail: NAB challenges IHC order

Nawaz, Maryam's bail: NAB challenges IHC order

National Accountability Bureau (NAB) has challenged in the Supreme Court the order of Islamabad High Court that suspended Accountability Court verdict and granted bail to former Prime Minister Nawaz Sharif, his daughter Maryam Safdar and son-in-law Capt M
Published 23 Oct, 2018 12:00am
Withdrawal of hike in gas tariff urged

Withdrawal of hike in gas tariff urged

Pakistan Soap Manufacturers Association chairman Usman Ahmed has urged the Prime Minister Imran Khan and Finance Minister Asad Umar to withdraw unjustifiable increase in gas tariff and hold meetings with stakeholders, representatives of PSMA and trade bod
Published 23 Oct, 2018 12:00am
Iranian IRGC commanders arrive

Iranian IRGC commanders arrive

Iran's top Islamic Revolution Guards Corps (IRGC) Commanders Major-General Mohammad Ali Jafari and Brigadier-General Mohammad Pakpour have arrived here to seek Pakistan's help in recovering the abducted 12 Iranian security personnel near the Pakistan-Iran
Published 23 Oct, 2018 12:00am
'1973 constitution restored through 18th Amendment'

'1973 constitution restored through 18th Amendment'

Adviser to Chief Minister Sindh for Information, Law and Anti-Corruption Barrister Murtaza Wahab has said that 1973 constitution was restored to its original shape through 18th amendment, adding that issuing statements against 18th was attack on provincia
Published 23 Oct, 2018 12:00am
Warehouse in Jodia Bazaar: DGI&I officials involved in fake raid

Warehouse in Jodia Bazaar: DGI&I officials involved in fake raid

Some officials at Directorate General Intelligence and Investigation (DGI&I), Customs FBR, Karachi, are reportedly involved in fake raids for extortion by harassing business community. The issue surfaced when a video clip of fake raid of DGI&I officials,
Published 23 Oct, 2018 12:00am
Rickshaw driver who set himself on fire dies

Rickshaw driver who set himself on fire dies

A rickshaw driver who had attempted to set himself on fire, in protest over the alleged extortion by traffic police, succumbed to his injuries on Monday. Rickshaw driver Khalid, a resident of Model Colony, had set himself alight after dousing with petrol
Published 23 Oct, 2018 12:00am
Druzhba-III: Russian army contingent arrives

Druzhba-III: Russian army contingent arrives

A Russian Army contingent arrived in Pakistan to participate in Pak-Russia Joint Training Exercise 'Druzhba-III,' said Inter-Services Public Relations on Monday. In a tweet, Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoo
Published 23 Oct, 2018 12:00am
Exit Control List: Senate body proposes major amendments

Exit Control List: Senate body proposes major amendments

A parliamentary panel Monday proposed major amendments in the Exit Control List (ECL) by recommending that nobody should be placed on the ECL during the inquiry and investigation processes. The Senate Standing Committee on Interior met here with Rehman Ma
Published 23 Oct, 2018 12:00am
Abbott Laboratories (Pakistan) Limited
Mutual Funds

Abbott Laboratories (Pakistan) Limited

Abbott Laboratories (Pakistan) Limited (PSX: ABOT) was incorporated in 1948 as a private marketing company and had its first manufacturing facility commissioned in 1962 in Karachi. ABOT has gained significant market share in pharmaceuticals, nutrition, di
Published 23 Oct, 2018 12:00am
Abbott Laboratories (Pakistan) Limited
Mutual Funds

Abbott Laboratories (Pakistan) Limited

Abbott Laboratories (Pakistan) Limited (PSX: ABOT) was incorporated in 1948 as a private marketing company and had its first manufacturing facility commissioned in 1962 in Karachi. ABOT has gained significant market share in pharmaceuticals, nutrition, di
Published 23 Oct, 2018 12:00am
SECP issues updated list of 58 notified research entities

SECP issues updated list of 58 notified research entities

The Securities and Exchange Commission of Pakistan (SECP) has issued updated list of 58 notified research entities under the Research Analysts Regulations, 2015. The list of notified research entities as updated on September 27, 2018 has been made availab
Published 23 Oct, 2018 12:00am
Employees protest privatisation of USC

Employees protest privatisation of USC

A large number of employees of Utility Stores Corporation Monday staged a sit-in here at D-Chowk against the expected closure and privatisation of USC. The USC employees gathered at their head office in Blue Area and marched towards D-Chowk. The protester
Published 23 Oct, 2018 12:00am
PTV Director assigned additional duties of MD

PTV Director assigned additional duties of MD

Pakistan Television (PTV) Corporation Director Lt Col Hassan Immad Mohamedi (retd) Monday has been assigned to look after the work of Managing Director PTV in addition to his own duties with immediate effect. The order was issued with the approval of the
Published 23 Oct, 2018 12:00am
IPO-Pakistan to support PCSIR for establishment of STIP

IPO-Pakistan to support PCSIR for establishment of STIP

In order to promote knowledge-based economy in the country, Intellectual Property Organization Pakistan (IPO-Pakistan) will fully support Pakistan Council of Scientific and Industrial Research (PCSIR) for the establishment of Science, Technology and Innov
Published 23 Oct, 2018 12:00am
US MIDDAY: gold falters
Currency

US MIDDAY: gold falters

Gold prices slipped on Monday, pressured by a rallying dollar and the metal's failure to break above a key technical level. Spot gold fell 0.3 percent to $1,222.13 per ounce at 14:46 p.m. EDT (1646 GMT), having hit a 2-1/2-month peak last week at $1,233.2
Published 23 Oct, 2018 12:00am
US MIDDAY: soyabeans, corn up

US MIDDAY: soyabeans, corn up

US corn and soyabean futures inched higher on Monday as grains markets tried to find a footing after 11-day lows linked to improving harvest weather and export setbacks including a dip in Chinese buying.
Published 23 Oct, 2018 12:00am
Gold slips in Europe
Currency

Gold slips in Europe

Gold prices slipped on Monday, pressured by a rallying dollar and the metal's failure to break above a key technical level. Spot gold fell 0.4 percent to $1,221.21 per ounce at 11:59 a.m. EDT (1559 GMT), having hit a 2-1/2-month peak last week at $1,233.2
Published 23 Oct, 2018 12:00am
Gold inches up in Asia

Gold inches up in Asia

Gold prices edged higher in Asian trade on Monday towards a 2-1/2-month peak hit last week as the dollar eased and worries over rising political tensions and slowing global economic growth lent support to the metal. Spot gold was up 0.1 percent at $1,226.
Published 23 Oct, 2018 12:00am
Raw sugar prices dip, cocoa rises

Raw sugar prices dip, cocoa rises

Raw sugar futures on ICE slipped on Monday on technical weakness following an earlier rally, while cocoa gained on short-covering, dealers said. March raw sugar settled down 0.07 cent, or 0.5 percent, at 13.82 cents per lb. The market has been in technica
Published 23 Oct, 2018 12:00am
Vietnam may recall re-export order of wheat

Vietnam may recall re-export order of wheat

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday. Vietnam, whose main wheat suppliers include Russi
Published 23 Oct, 2018 12:00am
Malaysian palm oil snaps earlier losses
Vegetable Oil

Malaysian palm oil snaps earlier losses

Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in US soyaoil and a weaker ringgit, palm's trading currency. A weaker ringgit tends to support palm oil by making it cheaper for holders of forei
Published 23 Oct, 2018 12:00am
Tokyo rubber rises

Tokyo rubber rises

Benchmark Tokyo rubber futures rose in light trade on Monday as stronger stock prices in China helped improve market sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery finished 2.5 yen, or 1.5 percent, higher
Published 23 Oct, 2018 12:00am
Ivory Coast rubber output to reach 2 million tonnes in 2023

Ivory Coast rubber output to reach 2 million tonnes in 2023

Ivory Coast's natural rubber output will reach 2 million tonnes by 2023, the minister of agriculture said on Monday, a more than three-fold rise in production as plantations spread to new parts of the country. Ivory Coast is Africa's top natural rubber ex
Published 23 Oct, 2018 12:00am
Oil little changed despite Saudi pledge to boost output

Oil little changed despite Saudi pledge to boost output

Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before US sanctions potentially choke off Iranian supplies.
Published 23 Oct, 2018 12:00am
ICE's new Houston crude futures contract begins trading

ICE's new Houston crude futures contract begins trading

Intercontinental Exchange Inc said its new Permian West Texas Intermediate (WTI) crude oil futures contract deliverable in Houston, Texas, will begin trading on Monday. The trade month will be December and the contract will be deliverable at Magellan Mids
Published 23 Oct, 2018 12:00am
Copper climbs to one-week high on China demand hopes

Copper climbs to one-week high on China demand hopes

Copper prices hit one-week highs on Monday due to expectations of stronger demand after authorities in top consumer China said they would take measures aimed at bolstering growth and liquidity. Benchmark copper on the London Metal Exchange ended up 0.3 pe
Published 23 Oct, 2018 12:00am
China September lead output rises

China September lead output rises

China's lead output rose 13.7 percent year-on-year to 447,000 tonnes in September, the National Bureau of Statistics said on Monday.
Published 23 Oct, 2018 12:00am
Koreas, UN Command agree to demilitarise part of border

Koreas, UN Command agree to demilitarise part of border

The two Koreas and the US-led United Nations Command agreed Monday to demilitarise a section of the heavily fortified border dividing the peninsula by this week, as a diplomatic thaw gathers pace. "The three parties agreed to carry out measures to withdra
Published 23 Oct, 2018 12:00am
Hurricane Willa upgraded to Category 5 storm off Mexico

Hurricane Willa upgraded to Category 5 storm off Mexico

Hurricane Willa was upgraded to a "potentially catastrophic" Category 5 storm Monday off Mexico's Pacific coast, where it was expected to produce life-threatening wind and flooding, the US National Hurricane Center said. The powerful hurricane was on cour
Published 23 Oct, 2018 12:00am
Working with Trump 'not always simple,' says Trudeau

Working with Trump 'not always simple,' says Trudeau

Canadian Prime Minister Justin Trudeau said working with US President Donald Trump is "not always simple," as he welcomed the successful renegotiation of the North American Free Trade Agreement. Speaking on an episode of Quebec's most popular talk show, "
Published 23 Oct, 2018 12:00am
'We failed them': Australia apologises to child sex abuse victims

'We failed them': Australia apologises to child sex abuse victims

Australian Prime Minister Scott Morrison issued a national apology to thousands of victims of institutional sex abuse Monday, admitting the state utterly failed to stop "evil, dark crimes" committed over decades. "This was done by Australians to Australia
Published 23 Oct, 2018 12:00am
Use of raw materials to double by 2060: OECD

Use of raw materials to double by 2060: OECD

Global use of raw materials is expected to double by 2060, "placing twice the pressure on the environment" than at present, according to an OECD study released on Monday.
Published 23 Oct, 2018 12:00am
Hackers deface website of Saudi investment forum

Hackers deface website of Saudi investment forum

A website for a Saudi investment summit was down on Monday after an apparent cyber attack, just a day before the three-day conference overshadowed by the murder of journalist Jamal Khashoggi begins. There was no immediate claim of responsibility for the a
Published 23 Oct, 2018 12:00am
Japan orders Facebook to improve data protection

Japan orders Facebook to improve data protection

The Japanese government on Monday ordered Facebook to improve protection of users' personal information following data breaches affecting tens of millions of people worldwide. Facebook said early this month that hackers accessed the personal data of 29 mi
Published 23 Oct, 2018 12:00am
China VP pays highest-level visit to Israel since 2000

China VP pays highest-level visit to Israel since 2000

Chinese Vice President Wang Qishan on Monday became the most senior Beijing official to visit Israel in 18 years, as the two countries look to bolster their growing business ties. Wang headed to the Western Wall in Jerusalem, one of the most sacred sites
Published 23 Oct, 2018 12:00am
China, ASEAN start inaugural joint maritime drills

China, ASEAN start inaugural joint maritime drills

China and Southeast Asian states kicked off their first joint maritime exercises on Monday in an effort to ease regional tensions linked to rival claims in the South China Sea. Eight warships set sail from the port of Zhanjiang, in China's southern Guangd
Published 23 Oct, 2018 12:00am
Mars likely to have enough oxygen to support life

Mars likely to have enough oxygen to support life

Salty water just below the surface of Mars could hold enough oxygen to support the kind of microbial life that emerged and flourished on Earth billions of years ago, researchers reported Monday. In some locations, the amount of oxygen available could even
Published 23 Oct, 2018 12:00am
Russians tell US security chief ready to cooperate over nuclear treaty

Russians tell US security chief ready to cooperate over nuclear treaty

Top Russian officials on Monday told Donald Trump's national security advisor that Moscow is ready to cooperate with Washington over a Cold War-era nuclear treaty and that abandoning the key agreement would put the world in danger. National security advis
Published 23 Oct, 2018 12:00am
Sri Lankan rupee at record low

Sri Lankan rupee at record low

The Sri Lankan rupee hit a record low on Monday as banks and importers purchased the US dollar, while stocks edge up from their nearly five-year closing low hit in the previous session. The rupee dropped 0.4 percent to an all-time low of 172.50 per dollar
Published 23 Oct, 2018 12:00am
Sterling falls to 2-1/2 weeks low

Sterling falls to 2-1/2 weeks low

Sterling fell on Monday as fears grew that the Irish border issue and disagreements within Britain's ruling Conservatives over Brexit could see Prime Minister Theresa May face a serious leadership challenge. The pound lost ground against the dollar and th
Published 23 Oct, 2018 12:00am
Aussie, kiwi recover

Aussie, kiwi recover

The Australian and New Zealand dollars recovered from an early stumble on Monday as the prospect of more economic stimulus in China helped stocks there bounce and supported the outlook for commodity demand. The Aussie dollar stood at $0.7114, having edged
Published 23 Oct, 2018 12:00am
Global rules on cryptocurrencies needed, says Circle CEO
Currency

Global rules on cryptocurrencies needed, says Circle CEO

Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money. "Ultimately there needs to be normali
Published 23 Oct, 2018 12:00am
Euro gives up rally against dollar in Europe
Currency

Euro gives up rally against dollar in Europe

The euro failed to hold early-session gains on Monday as investors focused on the likelihood of further political uncertainty in Europe over Italy's spending plans, despite a large drop in Italian government borrowing costs. Rating agency Moody's downgrad
Published 23 Oct, 2018 12:00am
Pound, euro steady against dollar in Asia
Currency

Pound, euro steady against dollar in Asia

The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy's budget plan which drew heavy criticism from the European Union. The dollar was also broadly un
Published 23 Oct, 2018 12:00am
Kenya warns against unlicensed online forex trading

Kenya warns against unlicensed online forex trading

Kenya's Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked losing their investments.
Published 23 Oct, 2018 12:00am
Australia, England reject cricket fixing as probe launched

Australia, England reject cricket fixing as probe launched

Australia and England Monday rejected fresh allegations about corruption in cricket by television news channel Al Jazeera, which claimed there had been 26 spot-fixing incidents in 15 international matches. In a follow-up documentary to one aired earlier t
Published 23 Oct, 2018 12:00am
Sri Lanka seeks Indian help to tackle match-fixing

Sri Lanka seeks Indian help to tackle match-fixing

India has offered to assist Sri Lanka with its inquiry into match-fixing in cricket and drafting laws to combat cheating in the game, a Sri Lankan cabinet minister said Monday. Sri Lanka's Petroleum Minister Arjuna Ranatunga said India's Central Bureau of
Published 23 Oct, 2018 12:00am
India's rice export prices unchanged

India's rice export prices unchanged

Rice export prices in India were unchanged this week, after declining for three weeks in a row, as activity was muted ahead of the new crop, while waning output due to floods pushed up rates in Vietnam. Rates for top exporter India's 5 percent broken parb
Published 23 Oct, 2018 12:00am
China has ample soyabean supplies, big price moves unlikely

China has ample soyabean supplies, big price moves unlikely

China has ample supplies of soyabeans and significant price fluctuations are unlikely, a senior agriculture ministry official said on Friday. Domestic soyabean planting acreage has increased and China is set for a bumper harvest, supported by government s
Published 23 Oct, 2018 12:00am
US natural gas stocks at the lowest level for 15 years

US natural gas stocks at the lowest level for 15 years

US natural gas stocks are going into winter at the lowest level for fifteen years despite a slightly faster rate of injections into storage over the summer than in 2016 or 2017. Low inventories have encouraged hedge funds to build their largest position i
Published 23 Oct, 2018 12:00am
Gold demand falls in India as prices jump

Gold demand falls in India as prices jump

A key festival brought little activity to the physical gold market in India this week as purchases remained significantly lower than normal with domestic prices jumping to the highest in more than two years. Demand in India, the second biggest gold consum
Published 23 Oct, 2018 12:00am
CBOT soyabean falls to one week low

CBOT soyabean falls to one week low

Chicago Board of Trade soyabean futures declined on Friday, with the benchmark November contract hitting a one week low on news of US soyabean export sales cancellations, traders said. CBOT November soyabeans settled down 6-3/4 cents at $8.56-3/4 per bush
Published 23 Oct, 2018 12:00am
Chinese steel prices slide as output hits record

Chinese steel prices slide as output hits record

Chinese steel prices fell on Friday after data showed daily output in the world's top steel producer climbed to a record in September and China's economy slowed to the weakest pace since 2009. The increased steel production came as mills chased strong pri
Published 23 Oct, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Oct, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 Oct, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (October 22, 2018).
Published 23 Oct, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (October 22, 2018).

Published 23 Oct, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2018).

Published 23 Oct, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 22, 2018).

Published 23 Oct, 2018 12:00am
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