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Nov 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-03-13
Ramazan package: ECC approves Rs 2 billion subsidy for USC

Ramazan package: ECC approves Rs 2 billion subsidy for USC

A meeting of the Economic Coordination Committee of Cabinet (ECC) Tuesday approved a subsidy of Rs2 billion to Utility Stores Corporation (USC) for providing 20 essential commodities at cheaper rates to consumers during Ramazan. The meeting presided over
Published 13 Mar, 2019 12:00am
Ramazan package: ECC approves Rs 2 billion subsidy for USC

Ramazan package: ECC approves Rs 2 billion subsidy for USC

A meeting of the Economic Coordination Committee of Cabinet (ECC) Tuesday approved a subsidy of Rs2 billion to Utility Stores Corporation (USC) for providing 20 essential commodities at cheaper rates to consumers during Ramazan. The meeting presided over
Published 13 Mar, 2019 12:00am
Ramazan package: ECC approves Rs 2 billion subsidy for USC

Ramazan package: ECC approves Rs 2 billion subsidy for USC

A meeting of the Economic Coordination Committee of Cabinet (ECC) Tuesday approved a subsidy of Rs2 billion to Utility Stores Corporation (USC) for providing 20 essential commodities at cheaper rates to consumers during Ramazan. The meeting presided over
Published 13 Mar, 2019 12:00am
Congress launches election campaign on Modi's home turf

Congress launches election campaign on Modi's home turf

India's powerful Nehru-Gandhi dynasty launched a blistering attack Tuesday on Narendra Modi, as the opposition Congress party began election campaigning with a massive rally in the prime minister's home state. Rahul and Priyanka Gandhi, the sibling descen
Published 13 Mar, 2019 12:00am
Congress launches election campaign on Modi's home turf

Congress launches election campaign on Modi's home turf

India's powerful Nehru-Gandhi dynasty launched a blistering attack Tuesday on Narendra Modi, as the opposition Congress party began election campaigning with a massive rally in the prime minister's home state. Rahul and Priyanka Gandhi, the sibling descen
Published 13 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 12, 2019).

Published 13 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 12, 2019).

Published 13 Mar, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (March 12, 2019).

Published 13 Mar, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 12, 2019).

Published 13 Mar, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 12, 2019).
Published 13 Mar, 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 (March 12, 2019).

Published 13 Mar, 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 (March 12, 2019).

Published 13 Mar, 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 13 Mar, 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 13 Mar, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Mar, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 13 Mar, 2019 12:00am
China-Pakistan Economic Corridor (CPEC)

China-Pakistan Economic Corridor (CPEC)

CPEC, as part of China's Belt and Road Initiative, is cautiously termed as a game changer provided all key stakeholders act together, i.e., government, business community, policy makers and society. Connecting 4.4 billion people offers a unique but time b
Published 13 Mar, 2019 12:00am
Pakistan: A Preferred Destination for Off-Shore Outsourcing

Pakistan: A Preferred Destination for Off-Shore Outsourcing

Outsourcing business is based on availability and continuous supply of critical mass and talent, right attitudes and work ethics, high speed connectivity, geographical proximity to the business value chain, ease of doing cross border financial transaction
Published 13 Mar, 2019 12:00am
Global rally boosts most of Gulf, banks lift Saudi index

Global rally boosts most of Gulf, banks lift Saudi index

Most major Gulf markets rose on Tuesday, lifted by financial and real estate stocks, mirroring a rally in global markets amid hopes for a US-China trade deal and progress on Brexit. Saudi Arabia's index was up 0.2 percent with its largest lender, National
Published 13 Mar, 2019 12:00am
Nikkei jumps nearly 1.8 percent

Nikkei jumps nearly 1.8 percent

Tokyo's benchmark Nikkei index leapt nearly 1.8 percent on Tuesday as concerns over the US economy receded and investors welcomed news that Britain and European Union had agreed a revised Brexit deal. The Nikkei 225 index rose 1.79 percent, or 378.60 poin
Published 13 Mar, 2019 12:00am
Wall Street snaps five-day losing streak despite Boeing's drop

Wall Street snaps five-day losing streak despite Boeing's drop

US stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing's shares limited the Dow's advance after a deadly airline crash in Ethiopia. Boeing Co, the world's largest plan
Published 13 Mar, 2019 12:00am
Treasury yields up as risk appetite rises

Treasury yields up as risk appetite rises

US Treasury yields rose on Monday after falling for four straight sessions, as overall risk appetite improved and equity markets stabilized, with investors bracing for this week's slate of corporate supply and government debt auctions. The $38 billion US
Published 13 Mar, 2019 12:00am
Treasury yields up as risk appetite rises

Treasury yields up as risk appetite rises

US Treasury yields rose on Monday after falling for four straight sessions, as overall risk appetite improved and equity markets stabilized, with investors bracing for this week's slate of corporate supply and government debt auctions. The $38 billion US
Published 13 Mar, 2019 12:00am
Australian shares down; New Zealand flat

Australian shares down; New Zealand flat

Australian shares reversed course and edged lower on Tuesday, as gains in mining and energy stocks were offset by losses in financials at the fag end of the session after the sector came under further political scrutiny. The S&P/ASX 200 index ended down 0
Published 13 Mar, 2019 12:00am
China stocks climb, economic concerns cap gains

China stocks climb, economic concerns cap gains

China stocks ended higher on Tuesday as Beijing and Washington appeared to edge closer to a trade deal, but worries about economic headwinds at home tamed the market's rise.
Published 13 Mar, 2019 12:00am
European shares end flat after a choppy session
Currency

European shares end flat after a choppy session

European shares ended flat on Tuesday after a choppy session during which hopes British Prime Minister Theresa May would win support for her plans for an orderly Brexit in an evening vote in Parliament gradually faded.
Published 13 Mar, 2019 12:00am
India shares climb

India shares climb

Indian shares rose more than 1 percent for a second straight session on Tuesday, boosted by foreign fund inflows amid expectations Prime Minister Narendra Modi-led alliance would return to power after the general election. Investor sentiment was also boos
Published 13 Mar, 2019 12:00am
Most Southeast Asian stocks surge

Most Southeast Asian stocks surge

Most Southeast Asian stocks rose on Tuesday, with Vietnam and Singapore leading gains after the European Commission agreed to changes in a Brexit deal, whetting appetite for riskier assets.
Published 13 Mar, 2019 12:00am
FTSE 100 rises as pound hit by Brexit deal legal opinion

FTSE 100 rises as pound hit by Brexit deal legal opinion

Britain's FTSE 100 gained on Tuesday after a fall in the pound triggered by the government's lawyer saying last-minute assurances won by Prime Minister Theresa May for her Brexit deal left the risk over the so-called Irish backstop "unchanged".
Published 13 Mar, 2019 12:00am
Wave of countries ban Boeing 737 MAX jets after Ethiopia crash

Wave of countries ban Boeing 737 MAX jets after Ethiopia crash

Britain, France and Germany joined a growing list of countries to ban Boeing 737 MAX planes from their airspace on Tuesday as airlines around the world grounded the jets following a second deadly accident in just five months. On Sunday a new Ethiopian Air
Published 13 Mar, 2019 12:00am
Sri Lanka parliament finally approves 2019 budget

Sri Lanka parliament finally approves 2019 budget

Sri Lanka's parliament on Tuesday approved the cash-strapped country's 2019 budget, which had been delayed by four months due to a power struggle triggered by President Maithripala Sirisena dismissing the premier. Finance Minister Mangala Samaraweera secu
Published 13 Mar, 2019 12:00am
Malaysia Airlines could be sold or shut down: Prime Minister

Malaysia Airlines could be sold or shut down: Prime Minister

Malaysia Airlines may be sold or shut down, Malaysia's leader said Tuesday, the latest bad news for a carrier that has been in crisis since suffering the loss of two planes. The 71-year-old airline has been on the ropes since 2014 when Flight MH370 disapp
Published 13 Mar, 2019 12:00am
US warns of WTO action over 'discriminatory' new digital taxes

US warns of WTO action over 'discriminatory' new digital taxes

The US warned Tuesday it was considering a complaint at the World Trade Organization over "discriminatory" new taxes on American digital giants such as a Facebook and Google planned by France and other EU nations. "We think the whole theoretical basis of
Published 13 Mar, 2019 12:00am
Slowing economy keeping US inflation under wraps

Slowing economy keeping US inflation under wraps

US consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. The report from the Labour Department on Tuesday also showed benign underlying inf
Published 13 Mar, 2019 12:00am
Renault, Nissan, Mitsubishi unveil new joint board post-Ghosn

Renault, Nissan, Mitsubishi unveil new joint board post-Ghosn

Carmakers Renault, Nissan and Mitsubishi Motors unveiled the creation of a joint board Tuesday, seeking a "new start" for their alliance after the arrest of former boss Carlos Ghosn. The new board structure will be headed by Renault Chairman Jean-Dominiqu
Published 13 Mar, 2019 12:00am
Murdoch's News Corporation calls for Google breakup

Murdoch's News Corporation calls for Google breakup

Rupert Murdoch's News Corp has called for Google to be broken up in Australia, the latest salvo in a battle between the corporate media giants. In a petition to Australian regulators, News Corp's local subsidiary complained that "Google enjoys overwhelmin
Published 13 Mar, 2019 12:00am
EU sets out 10-point plan to rebalance China ties

EU sets out 10-point plan to rebalance China ties

The EU on Tuesday set out a 10-point plan aimed at rebalancing relations with Beijing as fears grow about Chinese investment and influence on critical infrastructure, including new communication technology. European leaders will be asked to sign off on th
Published 13 Mar, 2019 12:00am
US, China within 'weeks' of accord; deal not guaranteed

US, China within 'weeks' of accord; deal not guaranteed

Washington's top trade official on Tuesday said the United States and China were likely within "weeks" of ending their trade negotiations - but a successful outcome was not assured. "Our hope is that we're in the final weeks of an agreement but I'm not pr
Published 13 Mar, 2019 12:00am
Asian Cup hosts UAE punished for shoe, bottle barrage

Asian Cup hosts UAE punished for shoe, bottle barrage

The United Arab Emirates were fined $150,000 and ordered to play a match behind closed doors after home fans pelted Qatar players with shoes and bottles in ugly scenes during an Asian Cup semi-final defeat.
Published 13 Mar, 2019 12:00am
Amla sits out final two ODIs for family reasons

Amla sits out final two ODIs for family reasons

Hashim Amla was given compassionate leave on Tuesday to miss South Africa's last two one-day internationals against Sri Lanka, providing what could be a last-ditch opportunity for Reeza Hendricks to stake a claim for a place in the country's World Cup squ
Published 13 Mar, 2019 12:00am
Paralympic fast track? Japan's firm develops hi-tech wheelchairs

Paralympic fast track? Japan's firm develops hi-tech wheelchairs

In a small workshop just outside Tokyo, mechanics hammer, weld and measure as they craft "the Porsche of wheelchairs" for the world's top Paralympic athletes ahead of the 2020 Games. Paralympians using wheelchairs built by OX Engineering, a small company
Published 13 Mar, 2019 12:00am
Sarfraz, Sammy vow thrilling game in HBL PSL Qualifier today

Sarfraz, Sammy vow thrilling game in HBL PSL Qualifier today

Captains of Quetta Gladiators and Peshawar Zalmi have promised to fight till the last ball as both teams will meet in the Qualifier of the HBL Pakistan Super League 2019 at the National Stadium in Karachi on Wednesday.
Published 13 Mar, 2019 12:00am
Nishioka wins in three-set thriller

Nishioka wins in three-set thriller

Japan's Yoshihito Nishioka battled Felix Auger-Aliassime and his own emotions through three topsy-turvy sets Monday to grab a 6-7 (2/7), 6-4, 7-6 (7/5) victory in the ATP Indian Wells Masters.
Published 13 Mar, 2019 12:00am
Ufone Balochistan Football Cup: Matches conclude in Nushki, Loralai

Ufone Balochistan Football Cup: Matches conclude in Nushki, Loralai

Matches for Ufone Balochistan Football Cup's third edition are underway at the city level in the province. In the first round the qualifiers and eliminators have concluded in Nushki and Loralai. The tournament started last week from Nushki and Loralai whe
Published 13 Mar, 2019 12:00am
Expanded 2022 World Cup to generate $300-400 million windfall

Expanded 2022 World Cup to generate $300-400 million windfall

An expanded 48-team World Cup in 2022 would deliver a financial windfall of up to $400 million according to an internal feasibility study commissioned by FIFA, a source with knowledge of the document told AFP on Tuesday.
Published 13 Mar, 2019 12:00am
Pound soars, yen dips in Asia
Currency

Pound soars, yen dips in Asia

Sterling rallied on Tuesday on speculation that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal after the European Commission agreed to some changes to it ahead of a vote in the British parliament. The pound jum
Published 13 Mar, 2019 12:00am
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