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Print - 2019-08-18
YOUR RUPEE LAST MONTH
Exchange

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (July 02 to 31, 2019)

Published 18 Aug, 2019 12:00am
The Weather

The Weather

The weather report on Saturday (August 17, 2019) and the forecast for Sunday (August 18, 2019).

Published 18 Aug, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 17, 2019)

Published 18 Aug, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
THE RUPEE: rising trend
Currency

THE RUPEE: rising trend

The rupee managed to recover modest ground against the dollar on the money market on Saturday in process of trading session, dealers said.
Published 18 Aug, 2019 12:00am
THE RUPEE: rising trend
Currency

THE RUPEE: rising trend

The rupee managed to recover modest ground against the dollar on the money market on Saturday in process of trading session, dealers said.
Published 18 Aug, 2019 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (August 17, 2019).

Published 18 Aug, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 18 Aug, 2019 12:00am
State Bank of Pakistan conversion rates
Exchange

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 18 Aug, 2019 12:00am
Kuznetsova stuns Barty

Kuznetsova stuns Barty

Resurgent Svetlana Kuznetsova denied Ashleigh Barty a chance to reclaim the world number one ranking Saturday as the Russian veteran thrashed the Australian 6-2, 6-4 in the WTA Cincinnati Masters semi-finals.
Published 18 Aug, 2019 12:00am
Hasan Ali takes leave from camp for marriage

Hasan Ali takes leave from camp for marriage

The Pakistan Cricket Board (PCB) has allowed six-day marriage leave to pacer Hasan Ali asking him to join the pre-season camp after availing leave.
Published 18 Aug, 2019 12:00am
City held by Spurs after VAR drama

City held by Spurs after VAR drama

Manchester City were forced to settle for a 2-2 draw against Tottenham after the Premier League champions were denied a dramatic winner by VAR, while Liverpool extended their perfect start to the title race with a 2-1 win at Southampton on Saturday.
Published 18 Aug, 2019 12:00am
South African Domingo takes over as Bangladesh head coach

South African Domingo takes over as Bangladesh head coach

Bangladesh appointed South Africa Russell Domingo as their head coach on Saturday succeeding Steve Rhodes who exited after the team finished eighth in the World Cup last month. Domingo, who coached South Africa to the semi-finals of the Twenty20 World Cup
Published 18 Aug, 2019 12:00am
Sri Lanka set up final day thriller

Sri Lanka set up final day thriller

Sri Lanka's batters set the stage Saturday for a thrilling final day, reaching 133 without loss at stumps on day four as they chased 268 to beat New Zealand in the first Test in Galle. Openers Dimuth Karunaratne and Lahiru Thirimanne were involved in a re
Published 18 Aug, 2019 12:00am
Cummins double stuns England after Smith makes brave 92

Cummins double stuns England after Smith makes brave 92

Australia's Steve Smith returned to make 92 after a sickening blow to the neck before England captain Joe Root fell for the first golden duck of his Test career as Pat Cummins took two wickets in two balls on a dramatic fourth day of the second Ashes clas
Published 18 Aug, 2019 12:00am
Crimea expects record grain crop in 2019

Crimea expects record grain crop in 2019

The Crimean peninsula plans to harvest a record grain crop of 1.8 million tonnes in 2019, the regional agriculture ministry said in a statement on Tuesday.
Published 18 Aug, 2019 12:00am
Strategie Grains raises forecasts for EU wheat harvest and exports

Strategie Grains raises forecasts for EU wheat harvest and exports

Strategie Grains has made a sharp increase to its forecasts for European Union production and exports of soft wheat this season, citing strong harvest expectations in France and Britain together with increasingly competitive EU export prices.
Published 18 Aug, 2019 12:00am
LME to extend open-outcry trade to boost volumes
Kerb

LME to extend open-outcry trade to boost volumes

The London Metal Exchange is poised to extend its closing open-outcry trading sessions for all metals after volumes jumped in a three-month trial, denting expectations of an eventual move to full electronic trading.
Published 18 Aug, 2019 12:00am
China to rely on South America soyabeans in Q4

China to rely on South America soyabeans in Q4

Top soyabean buyer China can do without supplies from the United States in the fourth quarter and can rely on imports from South America instead, said an analyst with a government-backed think-tank on Friday.
Published 18 Aug, 2019 12:00am
CBOT soyabean futures fall on rain forecast

CBOT soyabean futures fall on rain forecast

Chicago Board of Trade soyabean futures fell on Thursday as forecasts for rain in the US Midwest bolstered expectations that the harvest will be more than big enough to meet demand, traders said. The rain is expected to come at a critical time for soyabea
Published 18 Aug, 2019 12:00am
European gasoline margins fall on rise in ARA stocks

European gasoline margins fall on rise in ARA stocks

Northwest European gasoline refining margins fell to $12 a barrel on Thursday, 80 cents lower than the previous session according to Reuters calculations, amid a rise in gasoline inventories in the region. Gasoline stocks in independent storage at the Ams
Published 18 Aug, 2019 12:00am
Activities at Karachi and Port Qasim

Activities at Karachi and Port Qasim

The Karachi Port handled 115,422 tonnes of cargo comprising 90,102 tonnes of import cargo and 25,320 tonnes of export cargo including 6,477 loaded and empty containers during the last 24 hours ending at 0700 hours on Saturday. The total import cargos of 9
Published 18 Aug, 2019 12:00am
Cotton prices stable on strong buying by mills
Cotton

Cotton prices stable on strong buying by mills

Strong mills' buying helped the rates to sustain present levels on the cotton market on Saturday, dealers said. The official spot rate was unchanged at Rs 7750, they added. In ready session, about 8000 bales of cotton changed hands between Rs 7600 and Rs
Published 18 Aug, 2019 12:00am
BW Offshore wins Brazil approval for $115 million oilfield purchase

BW Offshore wins Brazil approval for $115 million oilfield purchase

Norway's BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed company's plan to become an operator and not just a supplier of oil services, platforms and ships.
Published 18 Aug, 2019 12:00am
US set to give Huawei another 90 days to buy from American suppliers

US set to give Huawei another 90 days to buy from American suppliers

The US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so that it can service existing customers, two sources familiar with the situation said.
Published 18 Aug, 2019 12:00am
Iraq bumps up production of gasoil and gasoline

Iraq bumps up production of gasoil and gasoline

Iraq raised its domestic production of gasoil and gasoline in 2019, the Oil Ministry said in statement on Saturday. Current production rates of gasoline stand at 14.29 million litres per day, up from the 2018 average of 11.485 million.
Published 18 Aug, 2019 12:00am
UK finance minister awards $729 million to housing fund

UK finance minister awards $729 million to housing fund

British finance minister Sajid Javid said he would make 600 million pounds ($729 million) available to support the building of 50,000 new homes by investing in necessary infrastructure, the latest spending pledge by the new government.
Published 18 Aug, 2019 12:00am
Trump says Apple will spend 'vast sums' in US

Trump says Apple will spend 'vast sums' in US

Donald Trump said Friday that tech giant Apple would be spending "vast sums" of money in the US in a tweet ahead of a dinner meeting with its CEO Tim Cook.
Published 18 Aug, 2019 12:00am
Seven killed in Indonesia ferry accident

Seven killed in Indonesia ferry accident

Seven people, including two children, were killed and four others missing after a ferry carrying dozens of passengers caught fire off Indonesia's Sulawesi island early Saturday, police said.
Published 18 Aug, 2019 12:00am
Downpour paralyses Istanbul, historic Grand Bazaar, kills one

Downpour paralyses Istanbul, historic Grand Bazaar, kills one

Turkey's mega city Istanbul was lashed by a heavy rainstorm on Saturday, killing a homeless man and leaving parts of the historic Grand Bazaar flooded. A homeless man was found dead at an underpass in the Unkapani district apparently drowned by the flood,
Published 18 Aug, 2019 12:00am
Fiji PM labels Australia PM 'very insulting' after Pacific standoff

Fiji PM labels Australia PM 'very insulting' after Pacific standoff

Fiji Prime Minister Frank Bainimarama blasted his Australian counterpart Scott Morrison as "very insulting", saying China offers a more welcoming brand of diplomacy following a tense Pacific summit. Bainimarama accused Morrison of heavy-handed tactics aft
Published 18 Aug, 2019 12:00am
Nine killed in Ukraine hotel fire

Nine killed in Ukraine hotel fire

Nine people were killed in a hotel fire in Ukraine's port city of Odessa on Saturday, leading authorities to launch a country-wide inspection of safety regulations in holiday resorts and hotels.
Published 18 Aug, 2019 12:00am
Mother and 6 children among 11 killed in Syria strikes

Mother and 6 children among 11 killed in Syria strikes

Regime and Russian air strikes killed 11 civilians including a woman and six of her children in northwest Syria, a war monitor said Saturday, a day after a deadly air raid on a nearby displacement camp.
Published 18 Aug, 2019 12:00am
Salvini allows minors to leave Italy migrant ship

Salvini allows minors to leave Italy migrant ship

Italy's far-right Interior Minister Matteo Salvini on Saturday reluctantly let 27 migrant children rescued at sea disembark from a charity vessel anchored in limbo off Lampedusa island for days. In a letter, Salvini told Prime Minister Giuseppe Conte he c
Published 18 Aug, 2019 12:00am
Kenya approves issuance of first green bond

Kenya approves issuance of first green bond

Kenya has approved its first ever issuance of a green bond, which will raise 5 billion shillings ($48.45 million) for student accommodation, the capital markets regulator CMA said on Thursday.
Published 18 Aug, 2019 12:00am
Kenya approves issuance of first green bond

Kenya approves issuance of first green bond

Kenya has approved its first ever issuance of a green bond, which will raise 5 billion shillings ($48.45 million) for student accommodation, the capital markets regulator CMA said on Thursday.
Published 18 Aug, 2019 12:00am
European shares seen treading water, but forecast range wide

European shares seen treading water, but forecast range wide

European shares are seen moving sideways until end-2019 and making just modest gains thereafter, a Reuters poll showed, as investors shy away from big bets on a region whose export-oriented economy makes it vulnerable to trade war risks.
Published 18 Aug, 2019 12:00am
Treasury yields move higher

Treasury yields move higher

Benchmark US Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Published 18 Aug, 2019 12:00am
Treasury yields move higher

Treasury yields move higher

Benchmark US Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Published 18 Aug, 2019 12:00am
Japan's polarised stock market leaves few options for investors
Exchange

Japan's polarised stock market leaves few options for investors

The gap in valuations of Japanese shares is at its widest since the dot-com crisis two decades ago and will likely stay that way until global trade tensions ease, analysts say. The Nikkei share average has been stuck in a narrow trading range for months b
Published 18 Aug, 2019 12:00am
Wintershall Dea seeks European IPO in 2020

Wintershall Dea seeks European IPO in 2020

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.
Published 18 Aug, 2019 12:00am
Wintershall Dea seeks European IPO in 2020

Wintershall Dea seeks European IPO in 2020

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.
Published 18 Aug, 2019 12:00am
Wall Street ends sharply higher on German stimulus optimism
Exchange

Wall Street ends sharply higher on German stimulus optimism

US stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major US stock averages ended the session higher, they
Published 18 Aug, 2019 12:00am
Trade tensions and a weaker yuan drive Chinese crypto demand
Exchange

Trade tensions and a weaker yuan drive Chinese crypto demand

Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. Exchanges, researchers and brokers told Reuters they have seen an uptick i
Published 18 Aug, 2019 12:00am
Speculators trim long dollar bets
Currency

Speculators trim long dollar bets

Speculators cut their bullish bets on the US dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long position, derived from net positions of Inter
Published 18 Aug, 2019 12:00am
New York regulator approves Bakkt trust license
Exchange

New York regulator approves Bakkt trust license

Bakkt Trust Co LLC has been granted a license to operate as a limited liability trust company, the New York State Department of Financial Services said on Friday. Bakkt is a cryptocurrency platform affiliate of Intercontinental Exchange Inc, which also ow
Published 18 Aug, 2019 12:00am
Canadian dollar trims decline as investors buy stocks
Currency

Canadian dollar trims decline as investors buy stocks

The Canadian dollar strengthened against its US counterpart on Friday, with the currency rebounding from an eight-day low it hit the previous session as investor appetite for risk increased. Global stocks gained as a waning bond rally and news of potentia
Published 18 Aug, 2019 12:00am
Prices of essential kitchen items witness slump

Prices of essential kitchen items witness slump

Prices of essential kitchen items, especially perishable items, witnessed a reduction during this week as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.
Published 18 Aug, 2019 12:00am
Woman among five killed over marriage feud in Larkana

Woman among five killed over marriage feud in Larkana

At least five people including a woman were killed in firing over marriage feud here on Saturday, police said. According to details, the incident took place in Yar Muhammad Colony of Larkana where armed men barge into house of rivals with whom they were i
Published 18 Aug, 2019 12:00am
'World must take notice of Rajnath Singh's irresponsible statement'

'World must take notice of Rajnath Singh's irresponsible statement'

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Saturday stated that the United Nations Security Council's (UNSC) meeting on Kashmir has proved that Kashmir is considered as a disputed territory at the inte
Published 18 Aug, 2019 12:00am
PZM holds rally against Indian brutalities in IoK

PZM holds rally against Indian brutalities in IoK

Pakistan Zindabad Movement (PZM) Saturday took out a big rally to condemn Indian atrocities in the occupied Kashmir and demanded of the world community and the Islamic countries to take notice of human rights violation against people of Indian held Kashmi
Published 18 Aug, 2019 12:00am
Belgian tourists impressed by scenic beauty of G-B valleys

Belgian tourists impressed by scenic beauty of G-B valleys

A group of Belgian tourists after exploring the scenic beauty of the valleys of Gilgit-Baltistan said more foreign tourists should come to Pakistan as it was a land full of wonders with its amazing natural attractions and unexplored mountains and valleys.
Published 18 Aug, 2019 12:00am
PM to visit Lahore today

PM to visit Lahore today

Prime Minister Imran Khan will visit Lahore today and is expected to hold meetings with Punjab's governor and chief minister. During his visit, Prime Minister Imran Khan will chair a meeting of the provincial cabinet. It is also expected that the prime mi
Published 18 Aug, 2019 12:00am
Mega corruption cases to be taken to logical end: NAB chairman

Mega corruption cases to be taken to logical end: NAB chairman

National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal here on Saturday reiterated the commitment that the anti-graft watchdog will take the mega corruption and white collar cases to their logical conclusion. Chairing a high-level meetin
Published 18 Aug, 2019 12:00am
CEC set to retire in less than four months

CEC set to retire in less than four months

Fear of Election Commission of Pakistan becoming inactive has been prevailing as incumbent Chief Election Commission (CEC) Justice Sardar Muhammad Raza Khan is also set to retire in less than four months after two others members retired earlier this year.
Published 18 Aug, 2019 12:00am
Nepra to probe into electrocution deaths, power outages in Karachi

Nepra to probe into electrocution deaths, power outages in Karachi

The National Electric Power Regulatory Authority (Nepra) has launched a formal investigation against Karachi's power utility, K-Electric over fatal incidents and widespread outages during the recent heavy rainfall. Recent monsoon rains caused havoc due to
Published 18 Aug, 2019 12:00am
Minor boy tortured to death by citizens over alleged robbery

Minor boy tortured to death by citizens over alleged robbery

A minor boy reportedly aged below 15 years was died due to inhumane torture of citizens over alleged robbery in Kokan housing society of Karachi, a private news channel reported on Saturday. Police officials have arrested two persons over the alleged invo
Published 18 Aug, 2019 12:00am
Babar Awan felicitates PM on diplomatic victory in UNSC
Exchange

Babar Awan felicitates PM on diplomatic victory in UNSC

Prime Minister of Pakistan Imran Khan met PTI member Babar Awan to exchange ideas and seek counsel on constitutional, political and lawful matters, as well as Kashmir issue. Awan called on the Prime Minister and congratulated him on presenting the plight
Published 18 Aug, 2019 12:00am
Tree plantation drive begins in KP today

Tree plantation drive begins in KP today

Chief Minister Khyber Pakhtunkhwa Mahmood Khan will formally launch 'Plant for Pakistan Drive in Khyber Pakhtunkhwa today at Shahkas Area (Adjacent to Masood Scouts) of District Khyber under which 5 million saplings will be planted throughout the province
Published 18 Aug, 2019 12:00am
India against Kartarpur Corridor project: Sarwar

India against Kartarpur Corridor project: Sarwar

Governor Punjab Chaudhry Muhammad Sarwar on Saturday said that India is against the Afghan peace process and Kartarpur Corridor project; but Pakistan will complete the project before the 550th celebrations of Baba Guru Nanak Dev.
Published 18 Aug, 2019 12:00am
Government lauded for narrowing trade deficit
Exchange

Government lauded for narrowing trade deficit

As the government is going to complete its one year in power the Friends of Economic and Business Reforms (FEBR) has hailed it for managing to narrow down the trade deficit by over 15 percent to around $32 billion in 2018-19 mainly due to drop in import f
Published 18 Aug, 2019 12:00am
Floods feared in all major rivers of Punjab: PDMA

Floods feared in all major rivers of Punjab: PDMA

Provincial Disaster Management Commission (PDMA) issues flood alerts throughout the rivers in the province. According to details, floods are feared in rivers, Chenab, Ravi, Sutlej, Beas and Jehlum within the next 72 hours. The commission also directed the
Published 18 Aug, 2019 12:00am
More rains forecast for Lahore in next 24 hours

More rains forecast for Lahore in next 24 hours

Scattered spells of rain continued for the second consecutive day in the city amidst a fresh forecast of the Met office that rains would continue for another 24 hours. Torrential rain in major parts of the city cooled down the weather and the citizens too
Published 18 Aug, 2019 12:00am
The Guardian of Pakistan - General Akhtar Abdul Rahman Khan

The Guardian of Pakistan - General Akhtar Abdul Rahman Khan

17th of August 1988 was one of the darkest days in the history of Pakistan. It is the day when 29 high-level military officers, including the Chief of Army Staff, General Zia-ul-Haq and Joint Chief of Staff General Akhtar Abdul Rahman, were assassinated a
Published 18 Aug, 2019 12:00am