Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (December 19, 2018).
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 19, 2018).
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
Saudi Arabia's stock market fell sharply on Wednesday after oil prices sank and the government released its 2019 budget, while Dubai rebounded on the back of a rise in bank shares. Brent oil fell below $56 a barrel to its lowest level in more than a year,
Tokyo stocks closed lower on Wednesday as investors awaited the outcome of the US central bank policy meeting while the Japanese mobile unit of SoftBank Group flopped on its debut. The benchmark Nikkei 225 index slipped 0.60 percent, or 127.53 points, to
US stocks rose more than 1 percent to session highs on Wednesday, ahead of a much-awaited Federal Reserve announcement that investors hope will point to a more moderate pace of future interest rate hikes and spark a year-end rally. The central bank is wid
The benchmark S&P 500 stock index ended little changed in a choppy trading session on Tuesday as the possibility of a partial US government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve. The Dow Industrials
Indian shares ended higher on Wednesday, underpinned by financials, after the central bank announced liquidity injection via open market bond purchase for January, and as crude prices hovered near 14-month lows. The benchmark BSE index closed 0.38 percent
US Treasury prices gained on Tuesday a day before the Federal Reserve's highly anticipated interest rate decision from its two-day meeting is announced. The Fed is expected to hike interest rates for the fourth time this year as US growth continues to loo
US Treasury prices gained on Tuesday a day before the Federal Reserve's highly anticipated interest rate decision from its two-day meeting is announced. The Fed is expected to hike interest rates for the fourth time this year as US growth continues to loo
New Romanian taxes targeting banks and energy companies triggered a heavy selloff on the local stock market on Wednesday that dropped more than 10 percent as worried investors headed for the exits. Faced with difficult choices to keep the budget deficit b
China stocks slid on Wednesday as healthcare shares extended their plunge over fears of a potential new drug procurement policy, while the energy sector was hit by a steep drop in crude oil prices.
European shares rose cautiously on Wednesday with gains in most sectors lifting the market amid speculation the US Federal Reserve will signal a dovish stance towards monetary policy. The pan-European STOXX 600 index closed up 0.3 percent after four strai
Most Southeast Asian stock markets ended higher on Wednesday with Philippines leading the gains, as reports of a potential US-China meeting in January boosted sentiment, while Vietnam shares closed lower on a technical sell-down. Investors took heart afte
Pharmaceuticals giant GSK helped Britain's main bourse break a three-day losing streak even as all eyes were on the Fed, ahead of a key announcement that will set the course of interest-rate hikes in the world's largest economy. The FTSE 100 closed 1 perc
Boeing expects Indian airlines to spend some $320 billion on 2,300 new aircraft over the next 20 years as passenger numbers soar, the US giant said Wednesday. "The Indian economy is projected to grow by nearly 350 percent over the next two decades to beco
Lower gas prices pulled Canada's annual inflation rate in November down to 1.7 percent, the first time in 10 months it has been below the Bank of Canada's 2.0 percent target, underscoring market expectations that imminent interest rate hikes are off the t
The EU and Italy on Wednesday called a truce in their bitter row over Rome's disputed 2019 budget, as the populist government agreed to put off signature reforms. In a historic first, in October the European Commission rejected Italy's big-spending budget
German carmakers Daimler and BMW said Wednesday they had won final approval to merge their car-sharing services Car2Go and DriveNow, paving the way for the creation of a European giant to challenge the likes of Uber. In a joint statement, the companies
Britain's inflation rate fell to a 20-month low in November, pushed down by cheaper petrol, official data showed on Wednesday, offering some relief to consumers who have reined in their spending ahead of Brexit. Consumer prices rose at an annual rate of 2
The European Union on Wednesday adopted backup plans to protect air transport and financial markets in the event Britain leaves without a Brexit deal in 100 days. And the bloc promised that British citizens living in Europe would continue to enjoy residen
US home sales unexpectedly rose in November, but recorded their biggest annual decline in 7-1/2 years as the housing market remained mired in weakness. There are concerns that the persistent housing market weakness could spill over to the broader economy,
The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released $1.4 billion for immediate use. The IMF had agreed on the $4 billion, 14-month loan in mid-October but the board was waiting for
The US and China renewed hostilities at the World Trade Organization on Wednesday, with Washington accusing Beijing of expecting impunity despite countless violations. The world's top two economies exchanged harsh words at the US Trade Policy Review, wher
Worker-starved Germany decided Wednesday to ease immigration rules to attract foreign job-seekers and replenish its ageing workforce, despite mounting public resistance against new arrivals. Chancellor Angela Merkel's cabinet approved a new immigration la
The United States, hoping to stem migration, said Tuesday it was ready to support $4.5 billion in investment in Central America and southern Mexico. The United States promised to back new Mexican President Andres Manuel Lopez Obrador's push for developmen
Santander's UK banking division has been fined £32.8 million for failing to process accounts and investments of deceased customers, regulators said Wednesday. The Financial Conduct Authority handed down a penalty equivalent to $41.5 million and 36.5 milli
Sri Lanka battled to a rain-affected draw in the first Test against New Zealand on Wednesday after the Black Caps were unable to break an epic stand by Kusal Mendis and Angelo Mathews. The tourists were 287 for three in their second innings - still nine r
Sui Southern Gas Company (SSGC) emerged as the top three teams in the local cycling circuit when it earned the silver medal on conclusion of the four-day National Track Cycling Championship 2018 held at the Lahore Cycling Velodrome. The event, held under
Reacting to the ICC Dispute Panel's decision on the Board of Control for Cricket in India (BCCI)'s claims for their legal expense incurred on the PCB-BCCI dispute, a spokesman of the Pakistan Cricket Board (PCB) Wednesday said the award of significantly l
Russian Deputy Prime Minister Vitaly Mutko, who has been banned for life from the Olympic Games over doping, on Wednesday stepped down as the head of the country's football federation. The move was widely expected after Mutko announced last year he would
A report on the integrity of tennis on Wednesday recommended an overhaul of attempts to tackle corruption in the sport. A panel led by lawyer Adam Lewis was appointed in early 2016 by the sport's governing bodies to look into the issue and nearly three ye
Young batsmen Josh Richards and Marques Ackerman made the touring Pakistanis toil on the first day of a three-day match against a South African Invitation XI at Willowmoore Park on Wednesday. Opening batsman Richards, who turns 20 on Thursday, failed by t
Manchester City survived a penalty shoot-out to reach the League Cup semi-finals as young keeper Arijanit Muric starred in the dramatic finale to the holders' win over Leicester on Tuesday. Pep Guardiola's side took the lead when Kevin De Bruyne marked hi
Indian captain Virat Kohli faced stiff criticism both Down Under and at home on Wednesday after his side's crushing loss to Australia in the second Test. Former Australian paceman Mitchell Johnson called Kohli "disrespectful" and "silly" over his heated e
It was all about the Federal Reserve for the dollar on Wednesday, as it struggled to shake off expectations policy makers would slow the pace of US monetary tightening after their keenly-watched meeting later in the day.
The dollar weakened on Wednesday as investors bet that the Federal Reserve would signal plans to slow its pace of interest rate rises at a keenly-watched meeting later in the day. Fed policy makers are widely tipped to raise rates for a fourth time this y
The dollar fell across the board on Wednesday, as investors bet the Federal Reserve would signal a slower pace of interest rate hikes next year as it grapples with financial market volatility and potential slowdowns in major economies around the world. Th
The dollar fell to a one-week low on Tuesday as investors unwound long bets on the currency, anticipating that the Federal Reserve could slow the pace of US interest rate hikes after this week's policy meeting. The greenback weakened for a second straight
Australian government bonds surged to 1-1/2-year highs on Wednesday, as collapsing oil prices sent a disinflationary signal across world markets while activity in currencies was muted. The Australian three-year bond contract jumped 2.5 ticks to 98.125, a
Australian government bonds surged to 1-1/2-year highs on Wednesday, as collapsing oil prices sent a disinflationary signal across world markets while activity in currencies was muted. The Australian three-year bond contract jumped 2.5 ticks to 98.125, a
The Indonesian rupiah and the Indian rupee led gains among Asian currencies on Wednesday, as oil prices plunged overnight and the dollar languished near one-week lows. The rupiah strengthened as much as nearly 1.1 percent in early trade but trimmed some g
The Sri Lankan rupee ended weaker on Wednesday amid pressure on the currency due to foreign outflows from bonds and stocks as uncertainty from a political crisis dented sentiment. The rupee ended at 180.50/70 per dollar, compared with 180.10/30 in the pre
Sterling slid against the euro on Wednesday, dropping to a one-week low as concerns Britain is headed for a disorderly exit from the European Union combined with improved economic sentiment in the euro zone. Diminishing political worries in Italy and stro
Asia's naphtha crack edged up 5 cents to reach a two-session high of $49.48 a tonne on Tuesday as oil prices fell. Fundamentals were slightly better than two weeks ago as some of the recent surplus was absorbed by spot demand for cargoes delivering in Jan
On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,612. The traded value of Metals, Energy and COTS/FX was recorded at PKR 22.405 billion and the number of lots traded 34,617. Major business was contributed by NSDQ100 amo
Implied volatility for US natural gas futures tumbled 40 percent on Monday from an all-time high a month ago as weather forecasts for the rest of the year turned warmer, reducing the risk that the amount of gas in storage will run short this winter. At-th
European wheat prices were mixed on Tuesday, with front months pressured by a dip in Chicago while concerns about the impact of cold weather on crops in eastern Europe and the Black Sea supported new crop contracts. Benchmark March milling wheat on Paris-
A Brazilian growing season that only last month seemed likely to yield a spectacularly large soyabean crop has turned to drought, portending losses for farmers and a downward revision of the country's grain production forecasts.
The Karachi Port handled 120,289 tonnes of cargo comprising 84,031 tonnes of import cargo and 36,258 tonnes of export cargo including 6,020 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of
Volume of business came down on the cotton market on Wednesday as the ginners started raising asking prices, 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 t
Rainstorms are sweeping Argentina's soya belt, building soil moisture needed to guarantee good yields when crops blossom in February and providing some cushion for China to buy should its trade war with the United States continue to limit US supplies. Bol
China has arrested a third Canadian amid a diplomatic spat between Beijing and Ottawa over the arrest of a Chinese telecom executive, a Canadian official said Wednesday.
A retired Bosnian general on Wednesday pleaded not guilty to charges of "crimes against humanity" over his alleged role in the murder of more than 300 Serbs, mostly civilians, during the 1990s war.
South African police said Wednesday that an arrest warrant had been issued for Grace Mugabe, wife of former Zimbabwean president Robert Mugabe, after she allegedly assaulted a model in Johannesburg in 2017.
The European Union on Wednesday gave US President Donald Trump two months to name an ombudsman to tackle EU citizens' complaints under a data protection deal sealed by predecessor Barack Obama's team. Brussels has previously sought assurances the Trump ad
China said on Wednesday it opposed the "weaponisation" of space as it criticised US President Donald Trump's orders to create a new command centre for controlling military space operations. "China has consistently proposed the peaceful usage of space, and
A court in eastern France on Wednesday sentenced a Buddhist monk originally from Bhutan to 12 years in prison over a series of rapes at a communal living compound, including minors. Karma Tshojay, 56, was found guilty after four women, disciples at the "T
The United States said Wednesday it approved the sale of $3.5 billion in missiles to Turkey, offering an ultimatum after US outrage over the Nato ally's plans to buy from Russia. The State Department said it had informed Congress of plans to sell Turkey a
Penny Marshall, the star of ABC's "Laverne and Shirley" who became one of the most successful female directors in history at the helm of "Big," "A League of Their Own" and a string of other hit movies, has died. She was 75. The filmmaker died peacefully i
Ten people were killed and one was injured when their minibus was struck by a roadside bomb in a troubled region of western Ethiopia, local television reported Wednesday. The blast occurred on a highway near the border between the regions of Oromia and Be
A hard-won ceasefire in Yemen's battleground city of Hodeida will collapse if rebel violations persist and the United Nations does not intervene, the Saudi-led coalition backing the government warned Wednesday. Underscoring still-simmering tensions, the c
Facebook has removed hundreds of pages and accounts in Myanmar with hidden links to the military, the platform said Wednesday, as the company scrambles to respond to criticism over failures to control hate speech and misinformation.
Facebook defended its data sharing practices Wednesday after a report revealing that certain partners of the social network had access to a range of personal information about users and their friends.
The US Treasury hit 15 members of Russia's GRU military intelligence agency with sanctions Wednesday over their alleged roles in interference in the 2016 presidential election and hacking the World Anti-Doping Agency.
A small majority of Americans say they do not want their country to become more "politically correct," an attitude they see as crimping their freedom to express themselves, a polls said Wednesday. The poll carried out but the Marist Institute for Public O