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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-07-05
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 05 Jul, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (July 04, 2019).

Published 05 Jul, 2019 12:00am
THE RUPEE: more gains
Currency

THE RUPEE: more gains

The rupee extended overnight gains against the dollar on the money market on Thursday in the process of trading, marketmen said.
Published 05 Jul, 2019 12:00am
ANF has sufficient evidence against Sanaullah: Afridi

ANF has sufficient evidence against Sanaullah: Afridi

State Minister for Narcotics Control & SAFRON Shehryar Khan Afridi on Thursday said that Anti-Narcotics Force (ANF) has sufficient evidence against Rana Sanaullah. While addressing a press conference, Afridi said that ANF had been tracking Sanaullah for t
Published 05 Jul, 2019 12:00am
THE RUPEE: more gains
Currency

THE RUPEE: more gains

The rupee extended overnight gains against the dollar on the money market on Thursday in the process of trading, marketmen said.
Published 05 Jul, 2019 12:00am
ANF has sufficient evidence against Sanaullah: Afridi

ANF has sufficient evidence against Sanaullah: Afridi

State Minister for Narcotics Control & SAFRON Shehryar Khan Afridi on Thursday said that Anti-Narcotics Force (ANF) has sufficient evidence against Rana Sanaullah. While addressing a press conference, Afridi said that ANF had been tracking Sanaullah for t
Published 05 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 04, 2019).

Published 05 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 04, 2019).

Published 05 Jul, 2019 12:00am
Rs three trillion assets declared by 137,000 people

Rs three trillion assets declared by 137,000 people

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that assets worth Rs 3 trillion have been declared by 137,000 people under the Asset Declaration Scheme 2019 with tax payments of Rs 70 billion, and most of the declarants are new taxpay
Published 05 Jul, 2019 12:00am
Rs three trillion assets declared by 137,000 people

Rs three trillion assets declared by 137,000 people

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that assets worth Rs 3 trillion have been declared by 137,000 people under the Asset Declaration Scheme 2019 with tax payments of Rs 70 billion, and most of the declarants are new taxpay
Published 05 Jul, 2019 12:00am
Rs three trillion assets declared by 137,000 people

Rs three trillion assets declared by 137,000 people

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that assets worth Rs 3 trillion have been declared by 137,000 people under the Asset Declaration Scheme 2019 with tax payments of Rs 70 billion, and most of the declarants are new taxpay
Published 05 Jul, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 04, 2019)

Published 05 Jul, 2019 12:00am
Rs three trillion assets declared by 137,000 people

Rs three trillion assets declared by 137,000 people

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that assets worth Rs 3 trillion have been declared by 137,000 people under the Asset Declaration Scheme 2019 with tax payments of Rs 70 billion, and most of the declarants are new taxpay
Published 05 Jul, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 04, 2019).

Published 05 Jul, 2019 12:00am
What has been achieved in less than two years?
Currency

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am
What has been achieved in less than two years?
Currency

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am
What has been achieved in less than two years?
Currency

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Thursday (July 04, 2019) and the forecast for Friday (July 05, 2019).

Published 05 Jul, 2019 12:00am
Economic & financial stability: IMF urges urgent policy action
Exchange

Economic & financial stability: IMF urges urgent policy action

Without urgent policy action, economic and financial stability could be at risk, and growth prospects will be insufficient to meet the needs of a rapidly growing population. This was stated in a handout and data updated on International Monetary Fund (IMF
Published 05 Jul, 2019 12:00am
Economic & financial stability: IMF urges urgent policy action
Exchange

Economic & financial stability: IMF urges urgent policy action

Without urgent policy action, economic and financial stability could be at risk, and growth prospects will be insufficient to meet the needs of a rapidly growing population. This was stated in a handout and data updated on International Monetary Fund (IMF
Published 05 Jul, 2019 12:00am
Economic & financial stability: IMF urges urgent policy action
Exchange

Economic & financial stability: IMF urges urgent policy action

Without urgent policy action, economic and financial stability could be at risk, and growth prospects will be insufficient to meet the needs of a rapidly growing population. This was stated in a handout and data updated on International Monetary Fund (IMF
Published 05 Jul, 2019 12:00am
Inflation and future outlook
Exchange

Inflation and future outlook

The new inflation number has surprised all economic analysts. Against an inflation of 9.1% in May (YoY), and on the face of significant increase in petroleum price and depreciation of rupee during June, the consensus forecast for June inflation was 9.5%.
Published 05 Jul, 2019 12:00am
Inflation and future outlook
Exchange

Inflation and future outlook

The new inflation number has surprised all economic analysts. Against an inflation of 9.1% in May (YoY), and on the face of significant increase in petroleum price and depreciation of rupee during June, the consensus forecast for June inflation was 9.5%.
Published 05 Jul, 2019 12:00am
Tehran fumes as UK seizes Iranian oil tanker

Tehran fumes as UK seizes Iranian oil tanker

British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic step that drew Tehran's fury and could escalate its confrontation with the West. The Grace 1 tanker w
Published 05 Jul, 2019 12:00am
Tehran fumes as UK seizes Iranian oil tanker

Tehran fumes as UK seizes Iranian oil tanker

British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic step that drew Tehran's fury and could escalate its confrontation with the West. The Grace 1 tanker w
Published 05 Jul, 2019 12:00am
Facebook steps up to control misleading health content

Facebook steps up to control misleading health content

Facebook initiated measures to control the content on the topic of health, fitness, and nutrition based on false, sensational and misleading claims. "In our ongoing efforts to improve the quality of information in News Feed, Facebook considers ranking cha
Published 05 Jul, 2019 12:00am
Facebook steps up to control misleading health content

Facebook steps up to control misleading health content

Facebook initiated measures to control the content on the topic of health, fitness, and nutrition based on false, sensational and misleading claims. "In our ongoing efforts to improve the quality of information in News Feed, Facebook considers ranking cha
Published 05 Jul, 2019 12:00am
Pakistan's street cricketers bring game to life in Greece

Pakistan's street cricketers bring game to life in Greece

In a barren Athens parking lot, young Pakistanis get in position for a game of cricket. On one end of the dust-covered concrete is a trash can; on the other, a pile of rocks. That is their pitch, and those are its wickets. In football-loving Greece, crick
Published 05 Jul, 2019 12:00am
Pakistan's World Cup mission impossible

Pakistan's World Cup mission impossible

Even if Pakistan beat Bangladesh at Lord's on Friday, they face a near-impossible task to qualify for the World Cup semi-finals. The top four at the end of the 10-team round-robin phase advance to the knockouts. Victory would draw Pakistan level on 11 poi
Published 05 Jul, 2019 12:00am
Pakistan's World Cup mission impossible

Pakistan's World Cup mission impossible

Even if Pakistan beat Bangladesh at Lord's on Friday, they face a near-impossible task to qualify for the World Cup semi-finals. The top four at the end of the 10-team round-robin phase advance to the knockouts. Victory would draw Pakistan level on 11 poi
Published 05 Jul, 2019 12:00am
Reserves held by SBP, banks reach almost equal level
Exchange

Reserves held by SBP, banks reach almost equal level

Reserves held by State Bank of Pakistan (SBP) and banks have reached almost equal level. According to weekly forex report, the SBP's reserves stood at $7.2 billion against $7.1 billon of banks at the end of last week. The SBP foreign exchange reserves dec
Published 05 Jul, 2019 12:00am
Reserves held by SBP, banks reach almost equal level
Exchange

Reserves held by SBP, banks reach almost equal level

Reserves held by State Bank of Pakistan (SBP) and banks have reached almost equal level. According to weekly forex report, the SBP's reserves stood at $7.2 billion against $7.1 billon of banks at the end of last week. The SBP foreign exchange reserves dec
Published 05 Jul, 2019 12:00am
Reserves held by SBP, banks reach almost equal level
Exchange

Reserves held by SBP, banks reach almost equal level

Reserves held by State Bank of Pakistan (SBP) and banks have reached almost equal level. According to weekly forex report, the SBP''s reserves stood at $7.2 billion against $7.1 billon of banks at the end of last week. The SBP foreign exchange reserves de
Published 05 Jul, 2019 12:00am
Attack on vigil: Section 7 of ATA removed from case

Attack on vigil: Section 7 of ATA removed from case

The Supreme Court on Thursday deleted section 7 of Anti-Terrorism Act (ATA) 1997 from a case against five men convicted for attacking a vigil held by civil society members to mark the 5th death anniversary of Salmaan Taseer. The trial court had handed dow
Published 05 Jul, 2019 12:00am
Attack on vigil: Section 7 of ATA removed from case

Attack on vigil: Section 7 of ATA removed from case

The Supreme Court on Thursday deleted section 7 of Anti-Terrorism Act (ATA) 1997 from a case against five men convicted for attacking a vigil held by civil society members to mark the 5th death anniversary of Salmaan Taseer. The trial court had handed dow
Published 05 Jul, 2019 12:00am
Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Executive Directors (EDs) of the International Monetary Fund (IMF) Board were informed that Saudi Arabia and China confirmed they would maintain exposure to Pakistan (roll over debt). This was revealed by informed sources at IMF headquarters in Washington
Published 05 Jul, 2019 12:00am
Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Executive Directors (EDs) of the International Monetary Fund (IMF) Board were informed that Saudi Arabia and China confirmed they would maintain exposure to Pakistan (roll over debt). This was revealed by informed sources at IMF headquarters in Washington
Published 05 Jul, 2019 12:00am
Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Saudi Arabia, China confirm they would maintain exposure: IMF EDs told

Executive Directors (EDs) of the International Monetary Fund (IMF) Board were informed that Saudi Arabia and China confirmed they would maintain exposure to Pakistan (roll over debt). This was revealed by informed sources at IMF headquarters in Washington
Published 05 Jul, 2019 12:00am
CTD arrests five suspects of BLA in Rajanpur

CTD arrests five suspects of BLA in Rajanpur

The Counter Terrorism Department (CTD) of Punjab police claimed on Thursday to have arrested five suspected terrorists, associated with proscribed Balochistan Liberation Army (BLA), during a raid in Rajanpur. CTD officials relayed the arrested terror susp
Published 05 Jul, 2019 12:00am
CTD arrests five suspects of BLA in Rajanpur

CTD arrests five suspects of BLA in Rajanpur

The Counter Terrorism Department (CTD) of Punjab police claimed on Thursday to have arrested five suspected terrorists, associated with proscribed Balochistan Liberation Army (BLA), during a raid in Rajanpur. CTD officials relayed the arrested terror susp
Published 05 Jul, 2019 12:00am
Imran to meet Trump in US on July 22

Imran to meet Trump in US on July 22

Prime Minister Imran Khan will travel to Washington to meet US President Donald Trump on July 22, the foreign ministry said Thursday, a rare visit between leaders of the sometimes prickly allies. The visit - Khan's first to the US since coming to power la
Published 05 Jul, 2019 12:00am
Imran to meet Trump in US on July 22

Imran to meet Trump in US on July 22

Prime Minister Imran Khan will travel to Washington to meet US President Donald Trump on July 22, the foreign ministry said Thursday, a rare visit between leaders of the sometimes prickly allies. The visit - Khan's first to the US since coming to power la
Published 05 Jul, 2019 12:00am
Zardari's 8 benami properties attached

Zardari's 8 benami properties attached

Special Assistant to Prime Minister on Political Affairs Naeem ul Haque on Thursday shared the Revenue Division's order approving the 'prohibition for holding properties in Benami Zone Karachi' for a period of 90 days. At least eight benami properties all
Published 05 Jul, 2019 12:00am
Zardari's 8 benami properties attached

Zardari's 8 benami properties attached

Special Assistant to Prime Minister on Political Affairs Naeem ul Haque on Thursday shared the Revenue Division's order approving the 'prohibition for holding properties in Benami Zone Karachi' for a period of 90 days. At least eight benami properties all
Published 05 Jul, 2019 12:00am
Kulbhushan ruling on July 17: ICJ

Kulbhushan ruling on July 17: ICJ

The International Court of Justice will give its judgement later this month over India's bid to remove an alleged spy from death row in Pakistan, the tribunal said Thursday. The Hague-based ICJ, which is the UN's top court, said it "will deliver, on Wedne
Published 05 Jul, 2019 12:00am
Kulbhushan ruling on July 17: ICJ

Kulbhushan ruling on July 17: ICJ

The International Court of Justice will give its judgement later this month over India's bid to remove an alleged spy from death row in Pakistan, the tribunal said Thursday. The Hague-based ICJ, which is the UN's top court, said it "will deliver, on Wedne
Published 05 Jul, 2019 12:00am
Those in power for 30 years will be held accountable first: NAB chairman

Those in power for 30 years will be held accountable first: NAB chairman

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal on Thursday said those who had been in power for 30 years would be audited first followed by those who had been in power for a few months. Addressing a ceremony in Islamabad, he said
Published 05 Jul, 2019 12:00am
Those in power for 30 years will be held accountable first: NAB chairman

Those in power for 30 years will be held accountable first: NAB chairman

National Accountability Bureau (NAB) Chairman former Justice Javed Iqbal on Thursday said those who had been in power for 30 years would be audited first followed by those who had been in power for a few months. Addressing a ceremony in Islamabad, he said
Published 05 Jul, 2019 12:00am
Development plan for agriculture

Development plan for agriculture

Keeping in view the importance of agriculture sector in the economy, the government announced over Rs 309 billion Prime Minister's National Agriculture Emergency Programme for the development of this sector on 2nd July 2019, stating that this programme wo
Updated 05 Jul, 2019 06:12am
US designation of BLA as terrorist group

US designation of BLA as terrorist group

The US State Department on July 2, 2019 designated the Balochistan Liberation Army (BLA) as a 'global terrorist group', making it a crime for anyone in the US to assist the militants. Separately, the US Department of the Treasury has frozen all BLA assets
Updated 05 Jul, 2019 06:08am
The Money Bill

The Money Bill

The adoption of Finance Bill 2019 on June 28, 2019 by National Assembly by majority vote of 176 to 146, included many legal amendments that could not have been made part of Money Bill as per law laid down by the Supreme Court of Pakistan. The Finance Act,
Published 05 Jul, 2019 12:00am
Managing exchange rate volatility
Exchange

Managing exchange rate volatility

With the new IMF program in place after early July 2019, SBP will be moving into an unchartered territory of determining nominal exchange rate through Real Effective Exchange Rate (REER) rather than 'managed float'. This will be in addition to interest ra
Published 05 Jul, 2019 12:00am
Children pay the price of Syrian government offensive in rebel Idlib

Children pay the price of Syrian government offensive in rebel Idlib

Khaled Bakour's screams could be heard at the hospital where the 5-year-old boy was receiving medical treatment in the rebel-controlled province of Idlib in north-western Syria. Weeks ago, the boy was seriously injured in airstrikes by Syrian government j
Published 05 Jul, 2019 12:00am
Zaira Wasim quits Bollywood career

Zaira Wasim quits Bollywood career

"Geeta, mai tannay larna sikhaonga... [I will teach you how to fight...]" was one of the famous dialogues of the Bollywood movie Dangal in which a former wrestler (Amir Khan) successfully persuades his two of four daughters to become wrestlers. Zaira Wasi
Published 05 Jul, 2019 12:00am
Jewellers for addressing dollar rate's issue

Jewellers for addressing dollar rate's issue

The sarafa and jewellers from across the Punjab have urged the government to take steps on war footing for arresting continuous increase in the rate of dollar as compared to the Pak rupee as it has pushed the prices of gold, jewellery and other precious a
Published 05 Jul, 2019 12:00am
Punjab unveils 10-year health sector strategy

Punjab unveils 10-year health sector strategy

Announcing the '10-year Punjab Health Sector Strategy', the provincial Minister for Health Dr Yasmin Rashid on Thursday said that this strategy is aimed at ensuring provision of international standard healthcare facilities to the patients in the public se
Published 05 Jul, 2019 12:00am
PTI raises voice against corruption through social media: minister

PTI raises voice against corruption through social media: minister

Punjab Housing and Urban Development Minister, Mian Mahmood-ur-Rasheed has said that Pakistan Tehreek-e-Insaf (PTI) has raised its voice against corruption and plundering by making proper utilization of social media platform during its political struggle.
Published 05 Jul, 2019 12:00am
Tevta, College China sign five MoUs

Tevta, College China sign five MoUs

Technical Education and Vocational Training Authority (TEVTA) and Tianjin Modern Vocational College China signed five different Memorandums of Understanding (MoU) here on Thursday at TEVTA secretariat. Chairman TEVTA Hafiz Farhat Abbas and President Tianj
Published 05 Jul, 2019 12:00am
Nandipur case: NAB challenges acquittal of Awan, Kayani

Nandipur case: NAB challenges acquittal of Awan, Kayani

The National Accountability Bureau (NAB) on Thursday moved the Islamabad High Court against the acquittal of former Law Minister Dr Babar Awan and Justice Riaz Kayani (retd) in the Nandipur power project case by an accountability court.
Published 05 Jul, 2019 12:00am
Pakistan slams India for denying permission to AI

Pakistan slams India for denying permission to AI

Pakistan Thursday slammed India for denying permission to Amnesty International to release its report on the controversial Public Safety Act imposed in Indian Occupied Kashmir.
Published 05 Jul, 2019 12:00am
Headingley incident: Qureshi raises matter with British HC

Headingley incident: Qureshi raises matter with British HC

Foreign Minister Shah Mehmood Qureshi Thursday expressed concern over display of anti-Pakistan banners and manhandling of Pakistani cricket team supporters during a recent match played between Pakistan and Afghanistan in England.
Published 05 Jul, 2019 12:00am
No one can stop PPP from safeguarding Constitution: Zardari

No one can stop PPP from safeguarding Constitution: Zardari

Former President Asif Ali Zardari has said that no one in the world can stop the Pakistan Peoples Party (PPP) to safeguard the Constitution and the sovereignty of the Parliament. In a message from prison, former president said that "July 5 is the black da
Published 05 Jul, 2019 12:00am
PTI forms 21-member core committee

PTI forms 21-member core committee

Pakistan Tehreek-e-Insaf (PTI) Thursday constituted a 21-member core committee, aiming to deliberate upon national issues, political and organisational matters of the party, and to frame party policies. A statement issued here from central secretariat of
Published 05 Jul, 2019 12:00am
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