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Jan 30, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-02-27
Algeria students demonstrate

Algeria students demonstrate

Thousands of students on Tuesday joined a growing protest movement in Algeria against ailing President Abdelaziz Bouteflika's bid for a fifth term, with rallies in and around the capital and other cities. Bouteflika, who uses a wheelchair and has rarely b
Published 27 Feb, 2019 12:00am
Huawei says US has 'no evidence' of 5G spying allegations

Huawei says US has 'no evidence' of 5G spying allegations

Huawei's chairman said Tuesday that the United States has "no evidence" that its equipment to build next-generation 5G wireless networks could be used as a vehicle for Chinese spy operations. In a keynote address at the mobile industry's biggest annual gl
Published 27 Feb, 2019 12:00am
Council of Europe says keep Russia in bloc to fight fake news

Council of Europe says keep Russia in bloc to fight fake news

Russia should remain a member of Europe's rights body so that it can be subject to future rules outlawing the spreading of disinformation, the head of the bloc said on Tuesday. Thorbjorn Jagland, secretary general of the Council of Europe, said the 47-mem
Published 27 Feb, 2019 12:00am
Iran's Javad Zarif resigns

Iran's Javad Zarif resigns

Iranian Foreign Minister Mohammad Javad Zarif, who was the lead negotiator in a landmark 2015 nuclear deal with major powers, has abruptly tendered his resignation, although there was no sign on Tuesday President Hassan Rouhani had accepted it. Zarif offe
Published 27 Feb, 2019 12:00am
Iran bans newspaper over article on Assad trip

Iran bans newspaper over article on Assad trip

Iran on Tuesday banned reformist newspaper Ghanoon for publishing an article about a meeting between Iran's supreme leader and visiting Syrian President Bashar al-Assad, the semi-official ISNA news agency reported. "Ghanoon daily has received notification
Published 27 Feb, 2019 12:00am
Syrian force screens and treats 'caliphate' survivors

Syrian force screens and treats 'caliphate' survivors

US-backed forces in eastern Syria on Tuesday screened and treated truckloads of suspected jihadists and relatives who left a village where the Islamic State group's "caliphate" is making its last stand. The Kurdish-led Syrian Democratic Forces (SDF) strug
Published 27 Feb, 2019 12:00am
Russian wheat prices fall further alongside global benchmarks

Russian wheat prices fall further alongside global benchmarks

Russian wheat export prices fell further last week, tracking a decline in US wheat futures, which were under pressure because of lacklustre interest in North American supplies from some major wheat importers, analysts said on Monday. Russian wheat also mo
Published 27 Feb, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 114,074 tonnes of cargo comprising 74,749 tonnes of import cargo and 39,325 tonnes of export cargo including 6,366 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 74
Published 27 Feb, 2019 12:00am
European wheat down to more than seven-month low

European wheat down to more than seven-month low

European wheat fell to more than seven-month lows on Monday in the wake of a slump on U.S. markets and concern about demand until the end of the season, traders said. Benchmark May milling wheat on Paris-based Euronext, was down 3.75 euros a tonne, or 1.9
Published 27 Feb, 2019 12:00am
Chinese steel, iron ore slide; shrug off trade talk progress

Chinese steel, iron ore slide; shrug off trade talk progress

Chinese steel and steel-making raw material retreated when market closed on Monday, despite positive market sentiment as Beijing and Washington moved closer to a trade deal. U.S. President Donald Trump said on Sunday he would delay an increase in tariffs
Published 27 Feb, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,702. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.001 billion and the number of lots traded 10,028.
Published 27 Feb, 2019 12:00am
CBOT soyabeans futures firm on hopes for US-China trade deal

CBOT soyabeans futures firm on hopes for US-China trade deal

Chicago Board of Trade soyabean futures ended firm on Monday on hopes for a U.S.-China trade deal and after Beijing vowed to increase purchases of U.S. soya. CBOT May soyabeans ended up 1-1/4 cents at $9.25 per bushel after peaking at $9.34-1/2, the highe
Published 27 Feb, 2019 12:00am
CBOT corn futures down

CBOT corn futures down

Chicago Board of Trade corn futures declined for the first time in four sessions on Monday on technical selling and spillover pressure from sharply lower wheat. CBOT May corn fell 4-1/2 cents to $3.80 per bushel after failing to hold chart support at its
Published 27 Feb, 2019 12:00am
Most Asian units make small moves

Most Asian units make small moves

Most Asian currencies tread water on Tuesday after investors reined in the previous session's optimism about progress in Sino-US trade talks as markets awaited more cues on whether the conflict can be resolved.
Published 27 Feb, 2019 12:00am
Aussie, kiwi hold gains
Currency

Aussie, kiwi hold gains

The Australian and New Zealand dollars consolidated gains on Tuesday as signs of progress in the Sino-US trade dispute were taken as a positive for the Chinese economy and commodity prices.
Published 27 Feb, 2019 12:00am
Dollar, yen fall in New York
Currency

Dollar, yen fall in New York

The safe-haven dollar and yen slid on Monday as risk appetite increased after US President Donald Trump said he would delay a planned hike in tariffs on Chinese imports, suggesting trade negotiations between the two countries have made significant progres
Published 27 Feb, 2019 12:00am
Early trade in New York: Dollar drops to three-week low
Currency

Early trade in New York: Dollar drops to three-week low

The dollar fell to a three-week low in choppy trading on Tuesday as Federal Reserve Chairman Jerome Powell repeated that the US central bank would remain patient on monetary policy, suggesting that it was unlikely to raise interest rates anytime soon. The
Published 27 Feb, 2019 12:00am
Dollar holds one-week low in Europe
Currency

Dollar holds one-week low in Europe

The dollar held near a one-week low on Tuesday and marked time before a key testimony by US Federal Reserve Chairman Jerome Powell later in the day in which he might give a further boost to risk appetite. Investors will be firmly focused on his views on U
Published 27 Feb, 2019 12:00am
Pound jumps against dollar in Asia
Currency

Pound jumps against dollar in Asia

The pound jumped to a near four-week peak against the dollar on Tuesday on reports of a delayed Brexit deadline, and the safe-haven yen moved off the weakest seen this year as a drop in US equity futures checked investors' risk appetite. Sterling spiked t
Published 27 Feb, 2019 12:00am
Brexit causing Open golf organisers major headaches

Brexit causing Open golf organisers major headaches

This year's British Open at the Northern Irish golf course Royal Portrush is causing "significant concern" due to Brexit, said Martin Slumbers, chief executive of organisers the R&A.
Published 27 Feb, 2019 12:00am
Jayasuriya banned for two years: ICC

Jayasuriya banned for two years: ICC

Sri Lankan cricket legend Sanath Jayasuriya has been banned from all cricket for two years after admitting two breaches of the International Cricket Council (ICC) Anti-Corruption Code, the sport's governing body announced on Tuesday.
Published 27 Feb, 2019 12:00am
SMEDA to launch first-ever Skills Olympic

SMEDA to launch first-ever Skills Olympic

Small and Medium Enterprises Development Authority (SMEDA) in collaboration with Japan International Cooperation Agency (JICA) is going to launch the first-ever Skills Olympic in Pakistan next week in Lahore and Karachi for auto-parts manufacturing Indust
Published 27 Feb, 2019 12:00am
South African shock as Olivier signs for Yorkshire

South African shock as Olivier signs for Yorkshire

Cricket South Africa expressed disappointment on Tuesday at fast bowler Duanne Olivier's decision to sign a three-year contract with English county Yorkshire which will rule him out of international cricket.
Published 27 Feb, 2019 12:00am
Nishikori comes through 'tricky' Dubai debut

Nishikori comes through 'tricky' Dubai debut

Top seed Kei Nishikori dispatched "tricky" Benoit Paire 6-4, 6-3 on his debut at the Dubai Championships on Tuesday. Asia's top player and the world number six will meet Huburt Hurkacz in the second round at the Aviation Club after the Pole beat French qu
Published 27 Feb, 2019 12:00am
US inflation to fall further below 2 percent target: Fed

US inflation to fall further below 2 percent target: Fed

Despite solid growth and continuing job gains, the US economy will see inflation fall even further below the central bank's two percent goal, at least for a time, Federal Reserve Chairman Jerome Powell said Tuesday.
Published 27 Feb, 2019 12:00am
US housing market mired in weakness; confidence rebounds

US housing market mired in weakness; confidence rebounds

US homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the fourth quarter.
Published 27 Feb, 2019 12:00am
French consumer confidence jumps to pre 'yellow vest' level

French consumer confidence jumps to pre 'yellow vest' level

French consumer confidence jumped in February to its highest level since "yellow vest" protesters started their weekly demonstrations, as households took heart in an improvement in their finances and unemployment fears receded.
Published 27 Feb, 2019 12:00am
Boeing names ex-US ambassador to UN to company's board

Boeing names ex-US ambassador to UN to company's board

Boeing on Tuesday named Nikki Haley, the former US ambassador to the United Nations, to its board of directors. Haley, who left the United Nations and President Donald Trump's administration at the end of 2018, previously served as governor of South Carol
Published 27 Feb, 2019 12:00am
Egypt to host Huawei's first MENA cloud platform

Egypt to host Huawei's first MENA cloud platform

Egypt will host Chinese telecom company Huawei's first cloud data platform in the Middle East and North Africa, Egypt's telecom ministry said in a statement. "Huawei will create its own cloud computing through the data centre of Telecom Egypt", a statemen
Published 27 Feb, 2019 12:00am
Standard Chartered's 2018 profits rise
Currency

Standard Chartered's 2018 profits rise

Standard Chartered's pre-tax profit surged to $3.9 billion in 2018, the bank said Tuesday, after previously warning it had set aside nearly $1 billion for regulatory fines in the US and Britain. The UK-based bank has been stalked for years by probes on bo
Published 27 Feb, 2019 12:00am
Standard Chartered's 2018 profits rise
Currency

Standard Chartered's 2018 profits rise

Standard Chartered's pre-tax profit surged to $3.9 billion in 2018, the bank said Tuesday, after previously warning it had set aside nearly $1 billion for regulatory fines in the US and Britain. The UK-based bank has been stalked for years by probes on bo
Published 27 Feb, 2019 12:00am
Russia rolls out fast internet to islands Japan claims

Russia rolls out fast internet to islands Japan claims

Russia said Tuesday it had laid fiber-optic cables to a chain of Pacific islands disputed by Japan, delivering high-speed internet to homes and businesses there despite protests from Tokyo.
Published 27 Feb, 2019 12:00am
Singapore factory output hits 2-1/2 years low

Singapore factory output hits 2-1/2 years low

Singapore's industrial production shrank to its lowest in two-and-a-half years in January as its electronics manufacturing further declined, data showed on Tuesday.
Published 27 Feb, 2019 12:00am
FTSE 100 dips as pound rallies; Ocado surges

FTSE 100 dips as pound rallies; Ocado surges

Britain's FTSE 100 fell on Tuesday as miner Fresnillo slumped after poor results and the sterling rallied on growing signs of a Brexit delay, though online grocer Ocado soared after confirming joint venture talks with Marks & Spencer. The FTSE 100 ended 0
Published 27 Feb, 2019 12:00am
Southeast Asian stocks fall on trade deal uncertainty

Southeast Asian stocks fall on trade deal uncertainty

Most Southeast Asian stock markets fell on Tuesday, in line with broader Asia, as investors waited to see if the United States and China could clinch a trade deal. US President Donald Trump said on Sunday he would delay a tariff hike on $200 billion of Ch
Published 27 Feb, 2019 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong stocks fell on Tuesday, tracking a correction in Asian markets, as investors waited to see if Washington and Beijing can clinch a trade deal. The Hang Seng index fell 0.7 percent to 28,772.06, while the China Enterprises Index lost 0.8 percent t
Published 27 Feb, 2019 12:00am
European shares fall as trade optimism cools

European shares fall as trade optimism cools

Fading optimism about US-China trade talk weighed on European shares at the start of the session on Tuesday but a rising Wall Street lifted sentiment, while London's FTSE 100 lagged the broader markets as the sterling rallied. The pan-European STOXX 600 c
Published 27 Feb, 2019 12:00am
China stocks fall

China stocks fall

Chinese stocks fell on Tuesday in heavy volume as some investors took profits on heavyweight financial shares, betting the market's recent spectacular surge is unsustainable. But optimists believe the correction provides a good entry point, hailing Monday
Published 27 Feb, 2019 12:00am
Indian markets slump

Indian markets slump

Indian markets dived on Tuesday after the country's military aircraft conducted air strikes on militant camps inside Pakistan, escalating tensions between the two nuclear-armed neighbours. India government confirmed the Air Force conducted air strikes on
Published 27 Feb, 2019 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Monday as investors reduced their holdings to make room for a wave of supply and traders rolled back their safe-haven positions after US President Donald Trump postponed an increase in tariffs on China. The US Treasury Departmen
Published 27 Feb, 2019 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Monday as investors reduced their holdings to make room for a wave of supply and traders rolled back their safe-haven positions after US President Donald Trump postponed an increase in tariffs on China. The US Treasury Departmen
Published 27 Feb, 2019 12:00am
Australian, New Zealand shares down

Australian, New Zealand shares down

Australian shares snapped a three-session winning streak on Tuesday, with financials and resources stocks leading broad-based losses as investors were racked by uncertainty over the progress of Sino-US trade talks. The S&P/ASX 200 index fell 0.9 percent o
Published 27 Feb, 2019 12:00am
Wall Street rises after Trump stirs China trade hopes again

Wall Street rises after Trump stirs China trade hopes again

Wall Street's three major indexes ended higher on Monday but well below the session's highs after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports. Postponement of the tariff deadline was seen as the clearest sign ye
Published 27 Feb, 2019 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower on Tuesday following recent gains fuelled by optimism over the China-US trade talks, while analysts also said news of Indian air strikes in Pakistan-controlled Kashmir weighed on the market. The benchmark Nikkei 225 index, slippe
Published 27 Feb, 2019 12:00am
Dubai index hits three-month high, COMI pressures Egypt

Dubai index hits three-month high, COMI pressures Egypt

Dubai shares hit a three-month high on Tuesday as all but one of its real estate firms gained, while Egypt's blue-chip index declined, primarily led by Commercial International Bank (COMI). The Dubai index rose 0.9 percent to reach its highest in nearly t
Published 27 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 27 Feb, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 27 Feb, 2019 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 27 Feb, 2019 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 27 Feb, 2019 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 Tuesday (February 26, 2019).

Published 27 Feb, 2019 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 Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 26, 2019).
Published 27 Feb, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (February 26, 2019).

Published 27 Feb, 2019 12:00am
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