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Feb 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2020-02-09
THE RUPEE: Firm trend
Money & Banking

THE RUPEE: Firm trend

The rupee maintained last levels against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 09 Feb, 2020 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 8, 2020).

Published 09 Feb, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 8, 2020)

Published 09 Feb, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 8, 2020).

Published 09 Feb, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 8, 2020).

Published 09 Feb, 2020 12:00am
The Weather

The Weather

The weather report on Saturday (February 8, 2020) and the forecast for Sunday (February 9, 2020).

Published 09 Feb, 2020 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 (February 8, 2020).

Published 09 Feb, 2020 12:00am
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (January 2 to 31, 2020)

Published 09 Feb, 2020 12:00am
Kabaddi World Cup 2020 begins in Pakistan
Other

Kabaddi World Cup 2020 begins in Pakistan

All is set for the 'Kabaddi World Cup 2020' being hosted in three cities Lahore, Faisalabad and Gujrat from February 9 to 16. The grand opening and closing ceremonies of the mega event will be held at Punjab Stadium on February 9 and 16, 2020, respectivel
Published 09 Feb, 2020 12:00am
Khushim Sahiba wins 4th gold in Malam Jaba Skiing
Other

Khushim Sahiba wins 4th gold in Malam Jaba Skiing

Khushim Sahiba bagged the 4th consecutive gold as the curtains were drawn on the Malam Jabba Ski events on Saturday. After winning the gold in Women's Slalom category of 4th Chief of the Air Karakoram International Alpine Ski Cup last day, she also won th
Published 09 Feb, 2020 12:00am
CNS International Squash Championship culminates
Other

CNS International Squash Championship culminates

The 14th Chief of the Naval Staff International Squash Championship was conducted at Pakistan Navy Roshan Khan Jahangir Khan Squash Complex, Karachi. Fifteen players carrying international ranking from Egypt, France, Hong Kong, Kuwait, Malaysia and ten na
Published 09 Feb, 2020 12:00am
Ibrahim, Luqman win Kashmir Solidarity Day KP Squash titles
Other

Ibrahim, Luqman win Kashmir Solidarity Day KP Squash titles

Ibrahim Zeb and Luqman clinched the title after recording victories against their respective rivals in different age group category of the Yomi Yaqjehti Kashmir Khyber Pakhtunkhwa Junior Squash Championship played here at PAF Hashim Khan Squash Complex on
Published 09 Feb, 2020 12:00am
Babar, Shan tons help Pakistan dominate
Cricket

Babar, Shan tons help Pakistan dominate

Sparkling hundreds from Babar Azam and Shan Masood put Pakistan in command against Bangladesh on the second day of the first Test at Rawalpindi on Saturday. Azam scored a career best unbeaten 143 for his third successive hundred in as many Tests - fifth o
Published 09 Feb, 2020 12:00am
Replacement picks finalised for HBL PSL-2020
Cricket

Replacement picks finalised for HBL PSL-2020

Eight new players were drafted during the Player Replacement Draft from the six HBL Pakistan Super League (PSL) squad for the upcoming edition, which commences on 20th February.
Published 09 Feb, 2020 12:00am
Advertising recall survey to be conducted during PSL 2020
Cricket

Advertising recall survey to be conducted during PSL 2020

Pulse Consultant, a discerning market research firm of Pakistan, has announced its plan to conduct an ad recall survey during HBL Pakistan Super League 2020. The study will collect information from 10 cities across the country comprising 52 percent of nat
Published 09 Feb, 2020 12:00am
New Zealand take ODI series win over India
Cricket

New Zealand take ODI series win over India

New Zealand wrapped up the one-day series against India with veteran Ross Taylor and debutant Kyle Jamieson combining to set up a 22-run win in game two in Auckland on Saturday. The pair put on an unbeaten 76-run partnership following a middle-order colla
Published 09 Feb, 2020 12:00am
EU wheat falls as market assesses brisk exports
Commodities

EU wheat falls as market assesses brisk exports

Euronext wheat slipped on Thursday as traders weighed up healthy export demand against risks posed by the spreading coronavirus outbreak in China. March milling wheat, the most active contract on Paris-based Euronext settled down 0.75 euros, or 0.4%, at 1
Published 09 Feb, 2020 12:00am
Brazilian beef exports jump on strong Chinese demand
Commodities

Brazilian beef exports jump on strong Chinese demand

Brazilian beef exports rose by 9.84% in January driven by a surge in sales to China, which faces fallout from a deadly disease that decimated a major portion of its pig population and boosted demand for other meats, trade group Abiec said on Wednesday.
Published 09 Feb, 2020 12:00am
Modest trading activity seen on cotton market
Cotton & Textile

Modest trading activity seen on cotton market

Modest trading activity was seen on the cotton market on Saturday as the ginners were not ready to oblige the buyers on expectations of better profit in days to come, dealers said. The official spot rate was at Rs9100, they added. In the ready session, 60
Published 09 Feb, 2020 12:00am
CBOT wheat futures lower on technical selling
Commodities

CBOT wheat futures lower on technical selling

Chicago Board of Trade wheat futures declined on Thursday, halting a three-session advance, pressured by technical selling and a stronger dollar that could limit US export prospects, traders said. CBOT March soft red winter wheat settled down 5-3/4 cents
Published 09 Feb, 2020 12:00am
Dollar advances to four-month high
Money & Banking

Dollar advances to four-month high

The dollar vaulted to a four-month peak against of basket of major currencies on Friday, propelled by a strong US non-farm payrolls report that followed a spate of upbeat economic data this week, a scenario expected to keep interest rates steady.
Published 09 Feb, 2020 12:00am
Canadian dollar hits 2-1/2 months low
Money & Banking

Canadian dollar hits 2-1/2 months low

The Canadian dollar fell to a two-and-a-half month low against the greenback on Friday as the coronavirus outbreak weighed on investor sentiment, offsetting reduced bets for a Bank of Canada interest rate cut after domestic data showed a solid jobs gain.
Published 09 Feb, 2020 12:00am
Speculators lift long dollar bets
Money & Banking

Speculators lift long dollar bets

Speculators raised their bullish bets on the US dollar for the third straight week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.
Published 09 Feb, 2020 12:00am
Fed looking into central bank digital coins
Money & Banking

Fed looking into central bank digital coins

The Federal Reserve is looking at a broad range of issues around regulations and protections for digital payments and currencies, including the costs and potential benefits of issuing its own digital currency, Governor Lael Brainard said on Wednesday.
Published 09 Feb, 2020 12:00am
Thailand's largest IPO braves market, priced near top of range
Stocks

Thailand's largest IPO braves market, priced near top of range

Thailand's largest retailer, Central Retail Corp, priced its initial public offering (IPO) near the top end of an indicative range, in a deal worth about $2.5 billion, making it the country's largest IPO ever. With the IPO priced on Thursday at 42 baht ($
Published 09 Feb, 2020 12:00am
Lebanon struggles over Eurobond decision
Stocks

Lebanon struggles over Eurobond decision

Lebanon's cash-strapped authorities are struggling to decide what to do about a $1.2 billion Eurobond maturing in March but are leaning towards repayment for foreign holders and a swap for local investors, political and banking sources said on Tuesday.
Published 09 Feb, 2020 12:00am
Ghana draws strong demand as sells $3 billion in Eurobonds
Stocks

Ghana draws strong demand as sells $3 billion in Eurobonds

Ghana drew strong demand for an issue of hard-currency debt, raising $3 billion in a eurobond auction that the government said on Wednesday was five times oversubscribed. It sold $1.25 billion in seven-year bonds at a coupon of 6.375% in Tuesday's sale, a
Published 09 Feb, 2020 12:00am
Foreigners step up selling in Japanese stocks
Stocks

Foreigners step up selling in Japanese stocks

Foreign investors stepped up selling in Japanese equities last week due to jitters over a fast-spreading coronavirus outbreak in China, the world's second-largest economy. They sold a net 782.85 billion yen ($7.12 billion) of Japanese stocks, including ca
Published 09 Feb, 2020 12:00am
Qatar National Bank to sell seven-year dollar bonds
Stocks

Qatar National Bank to sell seven-year dollar bonds

Qatar National Bank (QNB), the Gulf's biggest bank by assets, on Wednesday started marketing US dollar-denominated bonds with a seven-year maturity, a document showed. QNB has hired Barclays, Credit Agricole, Mizuho, QNB Capital and Standard Chartered to
Published 09 Feb, 2020 12:00am
Merkel fires minister over far-right row

Merkel fires minister over far-right row

German Chancellor Angela Merkel salvaged her fragile ruling coalition Saturday with the resignation of two officials, including one junior minister, who had aligned themselves with the far-right in a regional election.
Published 09 Feb, 2020 12:00am
Multiple software errors doomed Boeing crew capsule test
Global Business Economy

Multiple software errors doomed Boeing crew capsule test

Multiple software issues and a poor radio link doomed a test flight of Boeing's crew capsule late last year, NASA said Friday, revealing for the first time a glitch that could have destroyed the spaceship on its re-entry.
Published 09 Feb, 2020 12:00am
South Africa seeks to unlock stalled arms sales to Saudi Arabia, UAE
Global Business Economy

South Africa seeks to unlock stalled arms sales to Saudi Arabia, UAE

South Africa aims to free up over a billion dollars installed weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters.
Published 09 Feb, 2020 12:00am
Twitter says Facebook, Messenger accounts hacked
IT & Computers

Twitter says Facebook, Messenger accounts hacked

Twitter confirmed on Friday that the official Twitter accounts of social media giant Facebook Inc and its Messenger platform were hacked. A Twitter spokesperson said in an emailed statement that the accounts were hacked through a third-party platform.
Published 09 Feb, 2020 12:00am
Top EU diplomat apologises for 'Greta syndrome' comments

Top EU diplomat apologises for 'Greta syndrome' comments

EU foreign policy chief Josep Borrell on Saturday apologised for comments questioning the sincerity of young climate protesters and joking that they have "Greta syndrome". Borrell triggered the row by saying he believed school students had been galvanised
Published 09 Feb, 2020 12:00am
Gaza projectile fired at southern Israel

Gaza projectile fired at southern Israel

Palestinian militants in Gaza fired a projectile at southern Israel on Saturday, the army said, the latest attack in the wake of the US unveiling its controversial peace plan.
Published 09 Feb, 2020 12:00am
Israel bans Palestinian agricultural exports via Jordan
Commodities

Israel bans Palestinian agricultural exports via Jordan

Israel has escalated a trade war with the Palestinians by stopping their agricultural exports through Jordan, Palestinian Agriculture Minister Riyal al-Attari said on Saturday. Israel and the Palestinian Authority (PA) opened a new front in their decades-
Published 09 Feb, 2020 12:00am
Pentagon official, Lockheed Martin pull out of Singapore Airshow

Pentagon official, Lockheed Martin pull out of Singapore Airshow

The Pentagon shrunk the size of its delegation traveling to the Singapore Airshow and US defense firms Lockheed Martin Corp and Raytheon Co said they would not attend, as the impact of the coronavirus has reduced participation in the event.
Published 09 Feb, 2020 12:00am
Trans Mountain pipeline cost jumps by two-thirds to C$12.6 billion
Energy

Trans Mountain pipeline cost jumps by two-thirds to C$12.6 billion

The Canadian government-owned Trans Mountain oil pipeline is expected to cost C$12.6 billion ($9.47 billion) to expand, a sharp increase from the previous estimate of C$7.4 billion, the pipeline company's chief executive said on Friday.
Published 09 Feb, 2020 12:00am
France's Total rejects force majeure notice from Chinese LNG buyer
Energy

France's Total rejects force majeure notice from Chinese LNG buyer

French oil major Total rejected a force majeure notice from a liquefied natural gas (LNG) buyer in China, the first global energy supplier to push back publicly against a firm trying to back out of a contract amid the coronavirus outbreak.
Published 09 Feb, 2020 12:00am
US slaps sanctions on Venezuela state airline
Global Business Economy

US slaps sanctions on Venezuela state airline

The United States on Friday criminalized transactions with Venezuelan flag carrier Conviasa, saying it wanted to pressure President Nicolas Maduro to cede power. Under the new sanctions, anyone in the United States will be banned from any transactions wit
Published 09 Feb, 2020 12:00am
Airbus to acquire Bombardier's remaining stake in A220 passenger jet
Global Business Economy

Airbus to acquire Bombardier's remaining stake in A220 passenger jet

Europe's Airbus SE is likely to acquire Canadian plane and train maker Bombardier Inc's remaining stake in the A220 passenger jet program, two industry sources said on Friday. A deal for Airbus to buy the 33.58% share in the program was widely expected af
Published 09 Feb, 2020 12:00am
FPCCI urges government to declare cotton emergency
Business & Economy

FPCCI urges government to declare cotton emergency

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Anjum Nisar has suggested that to increase the crop size in the coming years the government should declare cotton emergency and take all necessary measures and plan of act
Published 09 Feb, 2020 12:00am
FBP for lowering cost of production

FBP for lowering cost of production

Farmers Bureau of Pakistan (FBP) has urged the government to take immediate steps for bringing down the cost of production of the growers to provide them some financial relief. FBP President Dr Zafar Hayyat in a statement issued here on Saturday observed
Published 09 Feb, 2020 12:00am
Pakistan gets success on Kashmir in UN: Qureshi

Pakistan gets success on Kashmir in UN: Qureshi

Foreign Minister Shah Mahmood Qureshi has said Pakistan will continue to extend its moral, political and diplomatic support to the oppressed Kashmiri brethren in their just struggle for right to self-determination.
Published 09 Feb, 2020 12:00am
Fawad underscores need for adopting modern technology
IT & Computers

Fawad underscores need for adopting modern technology

Federal Minister of Science and Technology Fawad Hussain Chaudhry on Saturday stated that the future belongs to technology and Pakistan needs to embrace modern technology by educating young generation to move forward and keep pace with the rest of the wor
Published 09 Feb, 2020 12:00am
FBP urges government to reduce production cost

FBP urges government to reduce production cost

Farmers Bureau of Pakistan (FBP) has urged the government to take immediate steps for bringing down the cost of production of the growers to provide them some financial relief.
Published 09 Feb, 2020 12:00am
Punjab sets up 3rd online home delivery shop
Business & Economy

Punjab sets up 3rd online home delivery shop

On the directions of Punjab Govt the District Administration has established 3rd online home delivery Drust Dam shop at D Type Pull main Sammundri road. The D Type Colony, Samanabad, Abdullah Colony, Nawabanwala, Muzaffar Colony, Maqsoodabad, Nisar Colony
Published 09 Feb, 2020 12:00am
Colour & Chem Expo put off
Business & Economy

Colour & Chem Expo put off

After the current situation developed in China after coronavirus outbreak and restrictions of travel from China, the 6th Color & Chem Expo that was scheduled to be held on February 29 has been postponed.
Published 09 Feb, 2020 12:00am
Fakhar Imam, Buzdar flay Indian barbaric acts in held valley

Fakhar Imam, Buzdar flay Indian barbaric acts in held valley

Kashmir Committee Chairman Syed Fakhar Imam and Punjab Chief Minister Sardar Usman Buzdar strongly condemned the savagery of Indian army in the Indian Occupied Kashmir and thanked the people for observing the Kashmir Solidarity Day on February 5. During
Published 09 Feb, 2020 12:00am
Alliance with PML-Q will continue, says Buzdar

Alliance with PML-Q will continue, says Buzdar

Punjab Chief Minister Sardar Usman Buzdar on Saturday said that the alliance with Pakistan Muslim League-Q (PML-Q) will continue, as the relationship between the two political parties is cordial.
Published 09 Feb, 2020 12:00am
FCAG chief asks government to review ATTA
Business & Economy

FCAG chief asks government to review ATTA

President, Frontier Customs Agents Group (FCAG), Khyber Pakhtunkhwa, Zia-ul-Haq Sarhadi has asked the federal government to review Afghan Transit Trade Agreement (ATTA) that had deprived Pakistani ports of the 70 percent transit trade.
Published 09 Feb, 2020 12:00am
Malik Sohail Hussain appointed PABA coordinator
Business & Economy

Malik Sohail Hussain appointed PABA coordinator

Renowned leader of the business community Malik Sohail Hussain has been appointed as Chairman Coordination of Pakistan American Business Association (PABA) with an aim to bring business communities of both countries closer. Based in Washington, PABA is a
Published 09 Feb, 2020 12:00am
Mobile phones recovered from prisoners in Adyala Jail

Mobile phones recovered from prisoners in Adyala Jail

The administration of Adyala Jail on Saturday recovered a number of prohibited devices and mobile phones from possession of several prisoners. According to Adyala jail sources, the administration of the Adyala Jail has decided to launch a search operation
Published 09 Feb, 2020 12:00am
'Slight chance' of Rajab moon sighting on February 24

'Slight chance' of Rajab moon sighting on February 24

Pakistan Meteorological Department (PMD) on Saturday forecast that there is slight chance of sighting the new moon of Rajab 1441 AH on the evening of 24 February. The new moon of Rajab, 1441 AH will be born on crossing conjunction point at 20-32 PST on 23
Published 09 Feb, 2020 12:00am
Minister vows to help resolve journalists' issues on priority

Minister vows to help resolve journalists' issues on priority

Sindh Minister for Information, Local Government, Housing Town Planning, Religious Affairs, and Forest & Wildlife Department Syed Nasir Hussain Shah has said that the issues and the problems being faced by the Journalists' community were in the knowledge
Published 09 Feb, 2020 12:00am
Two more polio cases surface in Sindh

Two more polio cases surface in Sindh

The Sindh Emergency Operations Centre for polio has confirmed two more polio cases in Sindh that took the tally to five in the province and 12 in Pakistan for this year. The two cases were reported in the Badin and Kambar districts. A 36-month-old girl fr
Published 09 Feb, 2020 12:00am
Court dismisses Rana's plea for video footage, release of vehicle

Court dismisses Rana's plea for video footage, release of vehicle

A special court for Control of Narcotics Substance (CNS) on Saturday adjourned to March 07 the hearing of a drug recovery case against Rana and others for indicting the suspects. The court dismissed two applications of Rana Sanaullah Khan demanding video
Published 09 Feb, 2020 12:00am
Fazl slams PTI rule for 'high' inflation

Fazl slams PTI rule for 'high' inflation

Chief of Jamiat Ullema-e-Islam (JUI-F) Maulana Fazal-ur-Rehman on Friday slammed the PTI rule for 'high' inflation in the country, saying his party's anti-government drive will continue with one more protest rally in Lahore soon.
Published 09 Feb, 2020 12:00am
JUI-F to launch protest movement against price hike in March

JUI-F to launch protest movement against price hike in March

General Secretary JUI-F Khyber Pakhtunkhwa Maulana Abdul Haq Darwaish has said the party is launching a new movement against worst price hike, imposition of taxes, unemployment, lawlessness and consecutive mini budgets from next month (March).
Published 09 Feb, 2020 12:00am
Faryal inaugurates Sindh Livestock Expo

Faryal inaugurates Sindh Livestock Expo

Sindh Livestock Expo 2020 will help livestock industry grow while giving an opportunity to the traditional livestock owners to turn their livestock into market oriented farm animals. Sindh government is committed and will take all measures to tap potentia
Published 09 Feb, 2020 12:00am
Stock market and bond yields

Stock market and bond yields

The KSE-100 index bottomed out at 28,765 on August 16, 2019 and soared to 43,219 on January 13, 2020. There were three factors that triggered the market rally - falling 10-year bond yield, currency appreciation and current account deficit reduction, and p
Updated 10 Feb, 2020 06:04am
Modi loses referendum

Modi loses referendum

First things first, Aam Admi Party led by Chief Minister Arvind Kejriwal is set for a hat-trick victory in India's capital's election. "The New Delhi election," according to NDTV, "is being seen as a test of Modi's popularity following month of deadly nat
Updated 10 Feb, 2020 06:09am
There's need for macro-fiscal unit
Articles

There's need for macro-fiscal unit

The Adviser to PM on Finance is in a tight spot. The IMF's second review is ongoing. All the binary targets are likely to be met. But the problem is to manage primary fiscal deficit targets in the quarters to come. Ambitious indicative tax revenue target
Published 09 Feb, 2020 12:00am
China turns to AI, data in fight against virus
Articles

China turns to AI, data in fight against virus

A man who had travelled to Wuhan - the central city at the heart of China's coronavirus crisis - was surprised when police showed up at his door after he returned home, asking to check his temperature. The man, who had quarantined himself at home in Nanji
Published 09 Feb, 2020 12:00am
Owl-right start for ECB's Lagarde in first 100 days
Articles

Owl-right start for ECB's Lagarde in first 100 days

Wearing an owl brooch to her January press conference, Christine Lagarde made clear her determination to run the European Central Bank differently from her predecessors as it hunts for a way out of crisis-management mode.
Published 09 Feb, 2020 12:00am
PTI learning the ropes quite fast
Letters

PTI learning the ropes quite fast

Not only does Karachi-based MQM have a number of grievances against its senior coalition partners, PTI, the PTI MNAs from Karachi have also expressed their displeasure over federal government's approach to urban Sindh issues. In an important development o
Published 09 Feb, 2020 12:00am
Ireland votes in 'three horse race' for power

Ireland votes in 'three horse race' for power

Ireland began voting in a general election on Saturday, with Prime Minister Leo Varadkar hoping to secure a new term on the back of Brexit - though voters are more likely to judge him more on his domestic record.
Published 09 Feb, 2020 12:00am
PM says will provide relief to inflation-hit people

PM says will provide relief to inflation-hit people

Chairing a high-level meeting in the federal capital on Saturday, Prime Minister Imran Khan pledged to go to any lengths to ensure a reduction in prices of essential commodities in order to provide relief to the masses reeling from inflation.
Published 09 Feb, 2020 12:00am
Can Maryam leave country?

Can Maryam leave country?

Maryam Nawaz can legally leave the country if the Lahore High Court (LHC) allows her even if the federal government declines to remove her name from the Exit Control List (ECL). This was the consensus of lawyers in an anecdotal survey carried out by Bu
Published 09 Feb, 2020 12:00am
Key member of TTP killed in Afghanistan?

Key member of TTP killed in Afghanistan?

The Pakistani Taliban have confirmed that one of its key leaders and another member of the group were killed in a clash with security forces in Afghanistan. In a statement published by the SITE monitoring group Friday, the Tehreek-e-Taliban Pakistan (TTP)
Published 09 Feb, 2020 12:00am
Eight dead, 40 hurt in Kazakhstan clashes

Eight dead, 40 hurt in Kazakhstan clashes

Eight people were killed, dozens hurt and property burned during clashes in southern Kazakhstan, prompting concern Saturday from authorities who portray the country as a beacon of stability. Kazakh President Kassym-Jomart Tokayev held an emergency governm
Published 09 Feb, 2020 12:00am
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