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Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-12-13
US believes Chinese intelligence behind Marriott hack

US believes Chinese intelligence behind Marriott hack

The United States said Wednesday that China was behind the massive hack of data from hotel giant Marriott, part of an ongoing global campaign of cyber-theft run by Beijing. Secretary of State Mike Pompeo confirmed to Fox News' Fox & Friends program that t
Published 13 Dec, 2018 12:00am
Two killed as Bangladesh polls campaign turn deadly

Two killed as Bangladesh polls campaign turn deadly

Two people have been killed in pre-election violence in Bangladesh, police said Wednesday, as early campaigning is marred by clashes between armed rivals that has left scores injured. More than 100 people have been hurt in violence on the campaign trail s
Published 13 Dec, 2018 12:00am
Slovakia seals its largest-ever arms deal

Slovakia seals its largest-ever arms deal

Slovakia will purchase 14 US-made F-16 war planes in the Nato member's largest-ever military purchase, the prime minister said Wednesday, dropping his earlier objection to the deal. Defence Minister Peter Gajdos signed the contract with Lockheed Martin re
Published 13 Dec, 2018 12:00am
Paris wheat futures up on hopes of rising exports

Paris wheat futures up on hopes of rising exports

European wheat futures in Paris rose on Tuesday, mainly supported by higher prices in main export rivals Russia and Argentina which could shift more business to Europe. Paris shrugged off a fall in US wheat futures after the US Department of Agriculture i
Published 13 Dec, 2018 12:00am
Cotton market: cautious buying by mills on quality factor
Cotton

Cotton market: cautious buying by mills on quality factor

Selective buying by mills was witnessed on the cotton market on Wednesday in the process of modest trading, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh improved slightly at Rs 3000-4000, in th
Published 13 Dec, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 127,886 tonnes of cargo comprising 91,714 tonnes of import cargo and 36,172 tonnes of export cargo including 7,003 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of
Published 13 Dec, 2018 12:00am
US natural gas output, demand seen rising to record highs

US natural gas output, demand seen rising to record highs

US dry natural gas production should rise to an all-time high of 83.30 billion cubic feet per day (bcfd) in 2018 from a record high 74.77 bcfd in 2017, the Energy Information Administration's Short Term Energy Outlook (STEO) said on Tuesday.
Published 13 Dec, 2018 12:00am
Canadian canola futures firm

Canadian canola futures firm

ICE Canadian canola futures closed higher on Monday in technical trade and amid light support from a weaker Canadian dollar, which tends to make canola more competitive globally, traders said. January canola settled up $2.10 at $487.60 per tonne and March
Published 13 Dec, 2018 12:00am
Asian gasoline, naphtha cracks slip despite weaker crude

Asian gasoline, naphtha cracks slip despite weaker crude

Weaker crude oil prices failed to prop up Asia's benchmark gasoline and naphtha cracks against Brent crude on Tuesday as a persistent supply glut of the light distillate fuels continued to weigh on sentiment. The Singapore 92 RON gasoline crack against Br
Published 13 Dec, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,672. The traded value of Metals, Energy and COTS/FX was recorded at 28.201 billion and the number of lots traded 36,129. Major business was contributed by NSDQ100 amounti
Published 13 Dec, 2018 12:00am
Chinese steel prices fall on slower demand
Currency

Chinese steel prices fall on slower demand

Chinese steel futures dropped for a third consecutive session on Tuesday on concerns that slower demand will persist next year, with prices of steelmaking raw materials coking coal and coke retreating. Underlining weaker consumption, leading steelmaker Ba
Published 13 Dec, 2018 12:00am
Sterling pulls off 20-month lows
Currency

Sterling pulls off 20-month lows

Sterling recovered from 20-month lows on Wednesday as Prime Minister Theresa May vowed to fight an attempt to unseat her and warned hardline eurosceptic colleagues that they risked delaying or even stopping Britain's departure from the European Union. At
Published 13 Dec, 2018 12:00am
Asian forex: Yuan leads gains, Indian rupee weakens

Asian forex: Yuan leads gains, Indian rupee weakens

Most Asian currencies edged up against the dollar on Wednesday as signs of easing US-China trade tensions boosted risk appetite, with the Chinese yuan leading gains. The Indian rupee, on the other hand, eased off a little on a sharp bounce in oil prices a
Published 13 Dec, 2018 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian and New Zealand dollars rose along with global equities on Wednesday as tentative signs of easing Sino-US trade tensions whetted risk appetite. The Australian dollar climbed 0.2 percent to $0.7219, rising above a one-month trough of $0.7170
Published 13 Dec, 2018 12:00am
Dollar hits one-month peak in New York
Currency

Dollar hits one-month peak in New York

The dollar hit a one-month peak against a basket of currencies on Tuesday, as China and the United States discussed plans for talks to avert a trade war between the world's two biggest economies. The British pound fell to 20-month lows following reports t
Published 13 Dec, 2018 12:00am
Early trade in New York: Sterling rallies, euro rises
Currency

Early trade in New York: Sterling rallies, euro rises

The pound jumped on Wednesday, rebounding from a 20-month low, as traders bet UK Prime Minister Theresa May would survive a no-confidence vote on her leadership, allowing her to salvage her deal for Britain to exit the European Union. A Bloomberg report o
Published 13 Dec, 2018 12:00am
Dollar tiptoes higher for third day in Europe
Currency

Dollar tiptoes higher for third day in Europe

The dollar edged higher for a third day before a widely expected US interest rate hike next week, but its gains were limited by growing expectations that the Federal Reserve may express a more cautious view on future rate rises. The dollar has gained near
Published 13 Dec, 2018 12:00am
Dollar hovers near month high in Asia
Currency

Dollar hovers near month high in Asia

The dollar held near a one-month high against its peers on Wednesday, supported by a rebound in US government bond yields and weakness of the pound as its battering from uncertainty about Brexit continued. The greenback was lifted as long-term US Treasury
Published 13 Dec, 2018 12:00am
FIFA bans Afghan football chief pending sex abuse probe

FIFA bans Afghan football chief pending sex abuse probe

FIFA on Wednesday suspended the president of the Afghanistan Football Federation Keramuddin Karim for 90 days pending an investigation into allegations of sexual and physical abuse against the national women's team. FIFA's independent ethics committee sai
Published 13 Dec, 2018 12:00am
Central Africa football boss held in France

Central Africa football boss held in France

France on Wednesday arrested a member of Africa's top footballing body on war crimes charges in the Central African Republic, the International Criminal Court said. Patrice-Edouard Ngaissona, a former minister, is accused of being a top coordinator of arm
Published 13 Dec, 2018 12:00am
Salah sends Liverpool into last 16, Moura rescues Spurs

Salah sends Liverpool into last 16, Moura rescues Spurs

Mohamed Salah's first-half goal and a stunning late save from goalkeeper Alisson saw Liverpool edge into the Champions League knockout stage after a tense 1-0 win over Napoli on Tuesday, while Lucas Moura's late strike saw Tottenham progress with a draw a
Published 13 Dec, 2018 12:00am
ICC boss 'confident' of corruption-free World Cup

ICC boss 'confident' of corruption-free World Cup

The head of cricket's world body said Wednesday he is confident of a corruption-free 2019 World Cup as the sport works overtime to disrupt criminals who attempt to fix matches. David Richardson, chief executive of the International Cricket Council, also c
Published 13 Dec, 2018 12:00am
Kohli engineered Kumble's exit, leaked email suggests

Kohli engineered Kumble's exit, leaked email suggests

The acrimonious exit of India's cricket coach last year was given a fresh twist Wednesday as a leaked email suggested captain Virat Kohli had "frequently" worked behind the scenes against him. Former coach Anil Kumble quit over a rift with Kohli in June 2
Published 13 Dec, 2018 12:00am
Australia end France's dream run in hockey World Cup

Australia end France's dream run in hockey World Cup

France's World Cup dreams in field hockey ended Wednesday as they lost to defending champions Australia 3-0 in the quarter-finals in Bhubaneshwar. The Frenchmen, who came into the 16-team tournament ranked 20th in the world, won hearts after stunning Olym
Published 13 Dec, 2018 12:00am
North Korea turns to one of its own as football coach

North Korea turns to one of its own as football coach

North Korea has named one of its own citizens to manage its football team, state media said Wednesday, more than six months after the departure his Norwegian predecessor. Kim Yong Jun, a 35-year-old retired midfielder, will take the side to the 2019 AFC A
Published 13 Dec, 2018 12:00am
Road-racing giant Sky drops bombshell with cycling pull-out

Road-racing giant Sky drops bombshell with cycling pull-out

The future of cycling giant Team Sky was thrown into doubt on Wednesday after British media company Sky announced it was ending a partnership that has delivered six Tour de France titles in the past seven years. Team Sky have clocked up eight Grand Tour w
Published 13 Dec, 2018 12:00am
US consumer prices flat; underlying inflation up

US consumer prices flat; underlying inflation up

US consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs. The strength in underlying inflation reported by the Labour Depa
Published 13 Dec, 2018 12:00am
Tanzania picks Egyptian firms for controversial dam scheme

Tanzania picks Egyptian firms for controversial dam scheme

Tanzania on Wednesday awarded a $3-billion (2.64-billion-euro) contract to two Egyptian firms to build a hydro-electric dam in a renowned nature reserve. The 2,100-megawatt scheme will straddle the Rufiji River in the Selous Game Reserve, a 50,000-square-
Published 13 Dec, 2018 12:00am
Air France gets new CEO

Air France gets new CEO

Air France on Wednesday appointed a new chief executive, who will have the difficult task of piloting the airline out of difficult relations with its unions that have hobbled its performance. The airline, which is allied with Dutch airline KLM, promoted i
Published 13 Dec, 2018 12:00am
EU parliament approves huge Japan trade deal

EU parliament approves huge Japan trade deal

The European Parliament on Wednesday approved an accord with Japan that has been dubbed the world's biggest trade deal, covering economies that represent a third of the world's GDP. The agreement will go into effect in February and was celebrated as a vic
Published 13 Dec, 2018 12:00am
Argentina foreign minister visits Qatar to drum up trade

Argentina foreign minister visits Qatar to drum up trade

Argentina's foreign minister said Wednesday his crisis-ridden country desperately needed international investment, as he began a two-day visit to one of the world's richest nations, Qatar. Jorge Faurie said Buenos Aires was "reaching out" to Doha at a tim
Published 13 Dec, 2018 12:00am
Germany softens firing rules to lure banks fleeing Brexit

Germany softens firing rules to lure banks fleeing Brexit

The German government agreed Wednesday a draft law that would loosen restrictions on firing top-paid bankers, one of a string of measures designed to ease the financial sector through Brexit. "The law on protection from firing for so-called risk-takers at
Published 13 Dec, 2018 12:00am
Malaysian ex-leader, former 1MDB head charged

Malaysian ex-leader, former 1MDB head charged

Malaysian ex-leader Najib Razak and the former head of 1MDB were charged Wednesday with altering an audit of the state fund at the centre of a scandal that helped topple the last government. Allegations that billions of dollars were taken from investment
Published 13 Dec, 2018 12:00am
Rolls-Royce to switch work to Germany over Brexit

Rolls-Royce to switch work to Germany over Brexit

Rolls-Royce on Wednesday said it was switching to Germany from the UK its design-approval of large aircraft engines after Prime Minister Theresa May delayed parliament's vote on the Brexit deal. "Rolls-Royce notes the decision by the UK government to dela
Published 13 Dec, 2018 12:00am
Red gold: Afghanistan saffron production grows

Red gold: Afghanistan saffron production grows

Starting before dawn has even broken, Afghanistan's army of saffron pickers shift their way across sun-baked fields to pluck brightly the coloured crocuses that are providing the country's farmers with a new means of income. The delicate pistil of the flo
Published 13 Dec, 2018 12:00am
Hopes May will win no-confidence vote lift British stocks

Hopes May will win no-confidence vote lift British stocks

British stocks rose on Wednesday as investors welcomed conciliatory talk from US President Trump on trade and became more convinced Prime Minister Theresa May would see off a leadership challenge and win a no-confidence vote.
Published 13 Dec, 2018 12:00am
Southeast Asian stocks end higher

Southeast Asian stocks end higher

Southeast Asian stock markets ended higher on Wednesday, as optimism swept across broader Asia after upbeat comments from US President Donald Trump on reaching a trade deal with China allayed trade conflict worries between Washington and Beijing. Trump in
Published 13 Dec, 2018 12:00am
Indian shares surge

Indian shares surge

Indian shares marked a one-week closing high on Wednesday, driven by financials and automakers after the government appointed a new central bank governor quickly, amid state election results raising hopes of increased rural spending. Both the broader NSE
Published 13 Dec, 2018 12:00am
Trade, Italy hopes lift European stocks to best day in eight months

Trade, Italy hopes lift European stocks to best day in eight months

European shares rallied on Wednesday after US President Donald Trump sounded upbeat about a trade deal with China and optimism grew that Italy could reach a compromise with the European Commission over its disputed 2019 budget. A report rekindling talk ab
Published 13 Dec, 2018 12:00am
China stocks up

China stocks up

Chinese stocks ended slightly higher on Wednesday on easing trade tensions with the US and hopes of a domestic stimulus package, amid subdued market activity for the second day as investors remained cautious ahead of the year-end. China's main Shanghai Co
Published 13 Dec, 2018 12:00am
Treasury yields advance

Treasury yields advance

US Treasury yields rose on Tuesday, as equities bounced amid positive developments in trade negotiations between the United States and China. Yields on US 30-year bonds, which had been diverging from the rest of the market the last few sessions, turned hi
Published 13 Dec, 2018 12:00am
Treasury yields advance

Treasury yields advance

US Treasury yields rose on Tuesday, as equities bounced amid positive developments in trade negotiations between the United States and China. Yields on US 30-year bonds, which had been diverging from the rest of the market the last few sessions, turned hi
Published 13 Dec, 2018 12:00am
S&P, Dow down as US shutdown threat, China trade in focus

S&P, Dow down as US shutdown threat, China trade in focus

The S&P 500 and the Dow closed marginally lower after volatile trading on Tuesday as investors swivelled their focus between China-US trade talks, President Donald Trump's threat to shut down the US government and political uncertainty in Britain. Wall St
Published 13 Dec, 2018 12:00am
Wednesday's early afternoon trade: Stocks jump on trade talk optimism

Wednesday's early afternoon trade: Stocks jump on trade talk optimism

US stocks jumped about 1.6 percent on Wednesday, bolstered by the technology sector, as signs Beijing would ease its "Made in China 2025" industrial policy added to optimism fueled by President Donald Trump's upbeat comments on trade talks. Trump, in an i
Published 13 Dec, 2018 12:00am
Tokyo stocks up

Tokyo stocks up

Tokyo stocks closed higher on Wednesday as fears about the US-China trade war eased following the release on bail of a Huawei executive. The benchmark Nikkei 225 index rose 2.15 percent or 454.73 points to end at 21,602.75, while the broader Topix index w
Published 13 Dec, 2018 12:00am
Australian, New Zealand shares rise

Australian, New Zealand shares rise

Australian shares rallied on Wednesday, as US President Donald Trump's positive stance on trade relations with China raised optimism of easing discord between the two nations. The S&P/ASX 200 index traded around half a percent up through most of the day b
Published 13 Dec, 2018 12:00am
Emaar's leap lifts Dubai bourse, banks boost Egypt index

Emaar's leap lifts Dubai bourse, banks boost Egypt index

The Dubai stock market rose sharply on Wednesday, boosted by blue chip Emaar Properties, while Egypt gained for a third straight day on rebounding bank shares. In Dubai, which has been languishing at five-year lows partly because of weak real estate price
Published 13 Dec, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Dec, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Dec, 2018 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 13 Dec, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

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 13 Dec, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 12, 2018).

Published 13 Dec, 2018 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 Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (December 12, 2018).
Published 13 Dec, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 12, 2018).

Published 13 Dec, 2018 12:00am
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