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Sep 23, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-07-19
Woods endures terrible start to British Open

Woods endures terrible start to British Open

Tiger Woods made a horrible start to his bid for a 16th major title at the British Open on Thursday, slipping to six-over par after only 10 holes of his opening round. Struggling off the tee, the 43-year-old American, followed by swathes of spectators, st
Published 19 Jul, 2019 12:00am
Pakistan, France sign MoU to promote trade, investment

Pakistan, France sign MoU to promote trade, investment

The Business France and the Board of Investment (BOI) of Pakistan Thursday signed a Memorandum of Understanding (MoU) to promote bilateral cooperation in the fields of trade, investment and business between Pakistan and France. The document was signed by
Published 19 Jul, 2019 12:00am
OPPO offers installation of manufacturing unit in KP

OPPO offers installation of manufacturing unit in KP

Renowned OPPO Mobile Phone manufacturing Chinese company (OPPO) Mobile Technologies) has expressed interest in the installation of manufacturing production unit in Khyber Pakhtunkhwa to meet the local demand of the provision of modern smart phone in the p
Published 19 Jul, 2019 12:00am
Japanese envoy meets Hammad Azhar

Japanese envoy meets Hammad Azhar

Japanese Ambassador, Kuninori Matsuda called on the Federal Minister for Economic Affairs Muhammad Hammad Azhar. The ambassador congratulated the minister on his appointment as the federal minister and assured of full support going forward. The minister f
Published 19 Jul, 2019 12:00am
Teenager shot dead over petty issue

Teenager shot dead over petty issue

A man allegedly killed teenager over a verbal spat in Karachi's Shah Faisal Colony on Thursday night. According to details, the incident occurred at carom board shop when Waseem opened fire on Sheikh Waqas following a quarrel.
Published 19 Jul, 2019 12:00am
Three charged over Maltese anti-corruption journalist's murder

Three charged over Maltese anti-corruption journalist's murder

Three suspects were formally charged on Tuesday over the 2017 murder of Maltese anti-corruption journalist and blogger Daphne Caruana Galizia. Brothers Alfred and George Degiorgio, as well as Vince Muscat, all in their fifties, were arrested in December 2
Published 19 Jul, 2019 12:00am
UK lawmakers vote in bid to frustrate no-deal Brexit

UK lawmakers vote in bid to frustrate no-deal Brexit

British MPs on Thursday backed a measure that would frustrate any attempt to force through a no-deal Brexit by suspending parliament, helped by several rebel members of the governing Conservatives. The measure, which passed by 315 votes to 274, is a major
Published 19 Jul, 2019 12:00am
US Central Command chief vows to boost Gulf maritime security

US Central Command chief vows to boost Gulf maritime security

US Central Command chief Kenneth McKenzie pledged Thursday to work "aggressively" to ensure maritime safety in strategic Gulf waters after a spate of attacks blamed on Iran. "We are currently talking with the international community about the importance o
Published 19 Jul, 2019 12:00am
Pompeo announces new global body on religious freedom

Pompeo announces new global body on religious freedom

Secretary of State Mike Pompeo said Thursday that the United States will create a new international body to campaign for religious freedom, following a major meeting in Washington. Dubbed the International Religious Freedom Alliance, Pompeo said that deta
Published 19 Jul, 2019 12:00am
EU hits back at Boris Johnson's Brexit fish tale

EU hits back at Boris Johnson's Brexit fish tale

Brandishing a kipper at a packed campaign event, Boris Johnson railed against EU red tape he said was punishing the producer of the smoked fish - but Brussels insisted any such regulations are actually British. Johnson, the frontrunner to become Britain's
Published 19 Jul, 2019 12:00am
UK tried to turn France against euro in 1990s: cables
Currency

UK tried to turn France against euro in 1990s: cables

British diplomats tried to establish a "very private link" with former French president Jacques Chirac with the "unavowed aim" of exposing him to the risks of a European currency union, declassified documents revealed Thursday. The government files from 1
Published 19 Jul, 2019 12:00am
Finland envoy asks Faisalabad traders to send profiles

Finland envoy asks Faisalabad traders to send profiles

Finland is providing technology and consultation to the whole world including Pakistan in various fields including biotechnology, mobile phones and recycling, said Harri Kamarainen Ambassador of Finland to Pakistan while he was addressing business communi
Published 19 Jul, 2019 12:00am
Schemes worth Rs 1.298 billion approved by Sindh PDWP

Schemes worth Rs 1.298 billion approved by Sindh PDWP

Sindh Provincial Development Working Party (PDWP) on Thursday approved different schemes worth Rs 1.298 billion. These schemes were approved in the meeting of PDWP, presided over by chairperson for Planning & Development Board Naheed Shah Durrani.
Published 19 Jul, 2019 12:00am
Airspace restrictions: CAA suffers a loss of Rs 8.5 billion: minister

Airspace restrictions: CAA suffers a loss of Rs 8.5 billion: minister

Pakistan Civil Aviation Authority (PCAA) has suffered a loss of Rs 8.5 billion since the imposition of airspace restrictions on February 27, 2019, said Federal Minister for Aviation Ghulam Sarwar Khan. Speaking at a press conference held at CAA Headquarte
Published 19 Jul, 2019 12:00am
US MIDDAY: gold steadies
Currency

US MIDDAY: gold steadies

Gold prices held steady on Thursday, holding close to a two-week high, as the dollar eased on rising expectations of an interest rate cut by the US Federal Reserve. Spot gold was up 0.2% at $1,430.01 an ounce as of 02:00 pm. EDT (1800 GMT), after touching
Published 19 Jul, 2019 12:00am
US MIDDAY: soyabeans down

US MIDDAY: soyabeans down

Chicago soyabean futures traded slightly weaker on Thursday, after hitting the lowest level in more than a week on export data showing China had canceled soyabean purchases for the first time since April. US Agriculture Department data showed the world's
Published 19 Jul, 2019 12:00am
Gold slips in Europe

Gold slips in Europe

Gold prices slipped on Thursday as Treasury yields rose and as investors booked profits after the metal scaled a two-week high in the previous session on expectations of an interest rate cut by the US Federal Reserve. Spot gold slipped by 0.2% to $1,423.3
Published 19 Jul, 2019 12:00am
Gold retreats from two-week peak in Asia
Exchange

Gold retreats from two-week peak in Asia

Gold prices pulled back from a two-week high to trade lower on Thursday, as some investors took advantage of the last session's gain to book profits. Spot gold was down 0.4% at $1,420.60 per ounce, as of 0736 GMT, after hitting its highest since July 3 at
Published 19 Jul, 2019 12:00am
Gold rises in New York
Exchange

Gold rises in New York

Gold prices rose more than 1 percent on Wednesday as weaker-than-expected US data increased prospects for an interest rate cut by the US Federal Reserve, dragging the dollar lower. Spot gold was 1.2% higher at $1,422.20 per ounce at 13:51 pm. EDT (1751 GM
Published 19 Jul, 2019 12:00am
Raw sugar falls to eight-week low; New York cocoa moves higher

Raw sugar falls to eight-week low; New York cocoa moves higher

Raw sugar futures on ICE fell on Thursday to their lowest levels in eight weeks, pressured by signals of weak Asian demand and the prospect of Indian exports, while New York cocoa prices inched higher. October raw sugar settled down 0.24 cent, or 2%, at 1
Published 19 Jul, 2019 12:00am
Malaysian palm oil end slightly lower
Vegetable Oil

Malaysian palm oil end slightly lower

Malaysian palm oil futures recovered from early losses to close only slightly lower on Thursday, helped by improving trends in the broader vegetable oil market. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchang
Published 19 Jul, 2019 12:00am
Tokyo rubber tracks Shanghai futures
Exchange

Tokyo rubber tracks Shanghai futures

Tokyo Commodity Exchange (TOCOM) futures rose for a third straight day on Thursday, in line with gains in Shanghai futures. The benchmark TOCOM rubber contract for December delivery rose 2.1% to 184.2 yen ($1.71) per kg. The most-active rubber contract on
Published 19 Jul, 2019 12:00am
Oil falls about 2.5 percent as US Gulf production returns

Oil falls about 2.5 percent as US Gulf production returns

Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in US equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the region. Prices were further weighed down by economic con
Published 19 Jul, 2019 12:00am
Nickel breaks $15,000, extends rally to new one-year peak
Exchange

Nickel breaks $15,000, extends rally to new one-year peak

Nickel prices charged to a one-year peak on Thursday as more speculators piled in, prompting jitters among some investors that the rally had entered bubble territory. Nickel - used to make stainless steel and batteries for electric vehicles - has surged b
Published 19 Jul, 2019 12:00am
Cotton falls on poor export sales, strong crop expectations
Cotton

Cotton falls on poor export sales, strong crop expectations

ICE cotton futures fell more than 1% to touch new three-year lows on Thursday, hurt by weak export sales data and stronger crop conditions in major growing regions in the United States. The most-active cotton contract on ICE Futures US, the second-month D
Published 19 Jul, 2019 12:00am
EU parliament condemns US treatment of migrants

EU parliament condemns US treatment of migrants

The European Parliament on Thursday condemned the United States' treatment of migrants arriving at its border with Mexico, drawing a rebuke from the American ambassador in Brussels. The parliament passed a motion deploring what it called the "appalling co
Published 19 Jul, 2019 12:00am
US ban on Myanmar army chief not enough: UN

US ban on Myanmar army chief not enough: UN

A US travel ban on Myanmar's army chief and three other top officers for their role in orchestrating a crackdown against Rohingya Muslims does not go far enough, a UN rights investigator said Thursday.
Published 19 Jul, 2019 12:00am
IS attacks kill 6 in Egypt's North Sinai

IS attacks kill 6 in Egypt's North Sinai

A suicide bombing claimed by the Islamic State group in North Sinai killed two people including a civilian Thursday, a day after the extremists beheaded four people there, medical and security sources said. The bombing hit security forces stationed near a
Published 19 Jul, 2019 12:00am
India's 'dosa king' dies one week into life term

India's 'dosa king' dies one week into life term

An Indian restaurant tycoon known as the "Dosa King" died in hospital Thursday, a week after beginning a life sentence for the murder of a love rival. P. Rajagopal, 71, was convicted for the murder of his love interest's husband in 2004, but only went to
Published 19 Jul, 2019 12:00am
33 dead in suspected arson attack on Japan animation studio

33 dead in suspected arson attack on Japan animation studio

A suspected arson attack at an animation production company in Japan killed 33 people and injured dozens more on Thursday, after a man reportedly doused the building with flammable liquid and shouted "drop dead." A motive for the apparent attack remained
Published 19 Jul, 2019 12:00am
Sri Lanka arrests top police watchdog official

Sri Lanka arrests top police watchdog official

Sri Lankan detectives Thursday arrested the chief executive at the police watchdog over his alleged involvement in a multi-million dollar gun-running racket and sought international help to trace four other suspects.
Published 19 Jul, 2019 12:00am
Canada is EU's 'closest transatlantic partner,' says Tusk

Canada is EU's 'closest transatlantic partner,' says Tusk

Canadian Prime Minister Justin Trudeau launched the Canada-EU summit Wednesday by praising the "progress" resulting from CETA, their free trade deal, while European Council president Donald Tusk called Ottawa the bloc's "closest transatlantic partner."
Published 19 Jul, 2019 12:00am
Thousands demand resignation of Puerto Rico's governor

Thousands demand resignation of Puerto Rico's governor

Thousands marched in Puerto Rico for a fifth day on Wednesday demanding the resignation of Governor Ricardo Rossello, following corruption accusations and the leak of text chats in which he made sexist and homophobic remarks.
Published 19 Jul, 2019 12:00am
China's iron ore retreats from record peak
Exchange

China's iron ore retreats from record peak

Iron ore futures in China dropped 1.2% on Wednesday as market participants took a breather after the steelmaking raw material's sustained rally that had brought it to the highest level since the 2013 launch of the index. The pullback followed news about a
Published 19 Jul, 2019 12:00am
Steady trend on cotton market
Cotton

Steady trend on cotton market

Steady trend was seen on the cotton market on Thursday in the process of improved trading activity, dealers said. The official spot rate was unchanged at Rs 8300, they added. In ready session, around 8,000 bales of cotton changed hands between Rs 8400-857
Published 19 Jul, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 100,383 tonnes of cargo comprising 84,951 tonnes of import cargo and 15,432 tonnes of export cargo including 7,454 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 8
Published 19 Jul, 2019 12:00am
European wheat futures higher

European wheat futures higher

European wheat futures edged higher on Wednesday, underpinned by chart support and a one-week low for the euro, as traders awaited a clearer picture of the summer harvest in Europe. December milling wheat, the most active contract on Paris-based Euronext,
Published 19 Jul, 2019 12:00am
Asia's naphtha, gasoline cracks recover

Asia's naphtha, gasoline cracks recover

Asia's naphtha crack recovered to a two-session high of $27.40 a tonne after falling to a 2-1/2 week low in the previous session as weaker Brent crude prices gave refiners some reprieve. Gasoline crack also recovered to a two-session high of $7.57 a barre
Published 19 Jul, 2019 12:00am
CBOT soyabean futures fall

CBOT soyabean futures fall

Chicago Board of Trade (CBOT) soyabean futures sagged on Wednesday on technical selling and expectations that cooler temperatures will ease stress on US crops next week, traders said. CBOT August soyabeans settled down 5-1/4 cents at $8.82-1/2 a bushel. N
Published 19 Jul, 2019 12:00am
CBOT wheat futures decline

CBOT wheat futures decline

Chicago Board of Trade soft red winter wheat futures and K.C. hard red winter wheat futures fell on Wednesday as US harvests progressed, traders said. CBOT September soft red winter wheat ended down 2 cents at $5.05-1/2 per bushel. K.C. September hard red
Published 19 Jul, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,029. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.620 billion and the numbers of lots traded were 9,183.
Published 19 Jul, 2019 12:00am
Bank AL Habib declares profit rates

Bank AL Habib declares profit rates

Bank AL Habib Limited has declared the following rates of profit for the period from 01 January to 30 June 2019:

Published 19 Jul, 2019 12:00am
Bank AL Habib declares profit rates

Bank AL Habib declares profit rates

Bank AL Habib Limited has declared the following rates of profit for the period from 01 January to 30 June 2019:

Published 19 Jul, 2019 12:00am
Aussie up, kiwi steadies

Aussie up, kiwi steadies

The Australian dollar inched ahead on Thursday as mixed jobs data offered no new incentive to wager on a rate cut in the near term, while bonds rallied as US markets narrowed the odds on an aggressive easing from the Federal Reserve. The Aussie was 0.3% f
Published 19 Jul, 2019 12:00am
Sterling buoyed by retail sales
Currency

Sterling buoyed by retail sales

The pound rebounded on Thursday after stronger-than-expected retail sales numbers, also finding support from a vote by lawmakers to make it harder for Britain's next prime minister to try to force a no-deal Brexit. MPs approved the final wording of the pl
Published 19 Jul, 2019 12:00am
Turkish lira up
Currency

Turkish lira up

The Turkish lira firmed on Thursday afternoon after US President Donald Trump said the United States is not currently looking at sanctioning Turkey over its purchase of Russian air defence systems. The currency was steady earlier in the day, shrugging off
Published 19 Jul, 2019 12:00am
Korean won leads gains for most Asian forex
Currency

Korean won leads gains for most Asian forex

Most emerging Asian currencies rose against the dollar on Thursday, with the Korean won leading the gains after a surprise rate cut by the nation's central bank was seen by traders as positive move for a stuttering economy. The dollar index eased slightly
Published 19 Jul, 2019 12:00am
South Africa's rand up
Exchange

South Africa's rand up

South Africa's rand rallied against the dollar on Thursday and bond yields fell after the central bank cut its main lending rate by 25 basis points in a widely expected move to counter floundering economic growth. At 1600 GMT, the rand was 0.93% higher at
Published 19 Jul, 2019 12:00am
Dollar softens against major rivals in New York
Currency

Dollar softens against major rivals in New York

The dollar softened against most major currencies on Wednesday in step with lower US bond yields and expectations the Federal Reserve would lower interest rates, reversing some of the prior day's gains tied to stronger-than-forecast retail sales data. The
Published 19 Jul, 2019 12:00am
Early trade in New York: euro dips on report on ECB inflation goal

Early trade in New York: euro dips on report on ECB inflation goal

The euro dipped on Thursday following a report the European Central Bank staff is studying a potential change to its inflation goal, while the dollar was little changed amid bets the Federal Reserve would lower interest rates in two weeks. Sterling rose f
Published 19 Jul, 2019 12:00am
Dollar falls in Europe on US rate cut bets
Currency

Dollar falls in Europe on US rate cut bets

The dollar slipped for a second day against its rivals on Thursday on the back of softer US Treasury yields after weak housing data as investors geared up for a policy meeting next week where officials are set to cut interest rates for the first time in a
Published 19 Jul, 2019 12:00am
Dollar slips in Asia
Currency

Dollar slips in Asia

The dollar slipped on Thursday as risk aversion in the broader markets pushed benchmark US yields to a nine-day low. The dollar index versus a basket of six major currencies was down 0.2% at 97.081. The index had climbed to a one-week peak of 97.444 the p
Published 19 Jul, 2019 12:00am
Zimbabwe suspended by ICC

Zimbabwe suspended by ICC

International cricket chiefs on Thursday suspended Zimbabwe over a failure to keep the sport free from government interference, putting in doubt their participation in qualifiers for the World T20. The decision means ICC funding to Zimbabwe Cricket will b
Published 19 Jul, 2019 12:00am
Facing Olympic hotel shortage, Tokyo looks Offshore

Facing Olympic hotel shortage, Tokyo looks Offshore

Tokyo is facing a shortage of accommodation when Olympic fans pour into the Japanese capital for next year's Games so officials are looking offshore - to moored cruise ships operating as floating hotels. Despite a construction boom, Tokyo could be short a
Published 19 Jul, 2019 12:00am
Infantino rejects 'colonialism' criticism

Infantino rejects 'colonialism' criticism

FIFA president Gianni Infantino has rejected comments that the global soccer body has taken a "colonialist" attitude towards African football and its governing organisation CAF (Confederation of African Football). FIFA last month took the unprecedented mo
Published 19 Jul, 2019 12:00am
New Zealand players make sombre homecoming

New Zealand players make sombre homecoming

A group of rueful New Zealand players touched down on home soil on Thursday, still coming to terms with the gut-wrenching defeat to England in the World Cup final. Pace bowler Trent Boult was among six Black Caps players making a low-key homecoming at Auc
Published 19 Jul, 2019 12:00am
Curran says World Cup win will inspire England Ashes team

Curran says World Cup win will inspire England Ashes team

Sam Curran believes England's historic World Cup triumph will inspire the Ashes team as attention turns towards their attempt to regain the urn. Sunday's dramatic end to the 50-over tournament has overshadowed the build-up to the five-Test showdown agains
Published 19 Jul, 2019 12:00am
Simon Yates wins prestige Pyrenees Tour stage

Simon Yates wins prestige Pyrenees Tour stage

Britain's Simon Yates won stage 12 of the Tour de France on Thursday, beating two other survivors of a mass breakaway in the Pyrenees. Defending champion Geraint Thomas and current overall leader Julian Alaphilippe finished the slog over two tough climbs
Published 19 Jul, 2019 12:00am
Ex-Liverpool striker Sturridge banned for breaching betting rules

Ex-Liverpool striker Sturridge banned for breaching betting rules

Former Liverpool striker Daniel Sturridge has been fined and suspended for six weeks for breaching betting rules, the Football Association announced on Thursday. An independent regulatory commission found that 29-year-old Sturridge, capped 26 times by Eng
Published 19 Jul, 2019 12:00am
Duval hits worst British Open round for 22 years

Duval hits worst British Open round for 22 years

David Duval hit the worst round at the British Open for 22 years on Thursday after carding a 14 on the par-five seventh to languish at the bottom of pack on 20 over par at Royal Portrush. Duval's Open win in 2001 ensures he is invited back as a former cha
Published 19 Jul, 2019 12:00am
KBP to launch drive against corruption
Cotton

KBP to launch drive against corruption

The Kissan Board Pakistan (KBP) will soon announce a movement against corruption after consultation between office-bearers of all the four provincial organizations of the Board. The Board also announced to fully participate in "Corruption Free Pakistan" c
Published 19 Jul, 2019 12:00am
PPP condemns arrest of Khaqan

PPP condemns arrest of Khaqan

The Pakistan Peoples Party (PPP) Punjab has condemned arrest of former premier Shahid Khaqan Abbasi, saying consecutive arrests of opposition leaders suggest that the country is heading towards dictatorship. Secretary Information PPP Punjab Syed Hassan Mu
Published 19 Jul, 2019 12:00am
Government's support sought for e-commerce industry's growth

Government's support sought for e-commerce industry's growth

There is a huge growth potential in the Pakistani e-commerce industry, but to unleash this potential government intervention in the form of tax relief is needed, said Ehsan Saya, Managing Director of Daraz Pakistan.
Published 19 Jul, 2019 12:00am
Minister directs for launching rural housing pilot project

Minister directs for launching rural housing pilot project

Punjab Minister for Housing and Urban Development Mian Mehmood-ur-Rasheed has directed to launch Rural Housing Pilot Project on emergent basis for providing low-cost houses in the rural areas of the province. He was presiding over a meeting of Punjab Hous
Published 19 Jul, 2019 12:00am
CM vows to facilitate farmers, agriculture sector
Exchange

CM vows to facilitate farmers, agriculture sector

Terming agriculture credit cards scheme as an innovative step of the PTI government, Punjab Chief Minister Sardar Usman Buzdar Thursday said that farmers will be directly paid the price of wheat, sugarcane and other crops. "The farmers will also be provid
Published 19 Jul, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 19 Jul, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (July 18, 2019).
Published 19 Jul, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (July 18, 2019).

Published 19 Jul, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 18, 2019).

Published 19 Jul, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 18, 2019).

Published 19 Jul, 2019 12:00am
Bail cancellation plea: SC seeks reply from TLP chief

Bail cancellation plea: SC seeks reply from TLP chief

The Supreme Court on Thursday sought reply form Tehreek-i-Labbaik Pakistan (TLP) Chief Maulana Khadim Hussain Rizvi within a week on the Punjab government's appeal for cancellation of his bail. Earlier, the Additional Prosecutor General argued that the La
Published 19 Jul, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 18, 2019).

Published 19 Jul, 2019 12:00am
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