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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2020-02-29
State Bank of Pakistan conversion rates

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 29 Feb, 2020 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 29 Feb, 2020 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 28, 2020).
Published 29 Feb, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Feb, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
THE RUPEE: Rates slip
Money & Banking

THE RUPEE: Rates slip

Easier trend prevailed on the money market on Friday as the rupee tended lower against the dollar on Friday in the process of trading, dealers said.
Published 29 Feb, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 28, 2020)

Published 29 Feb, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 29 Feb, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 28, 2020).

Published 29 Feb, 2020 12:00am
The Weather

The Weather

The weather report on Friday (February 28, 2020) and the forecast for Saturday (February 29, 2020).

Published 29 Feb, 2020 12:00am
Brazil mills to allocate more cane to sugar production
Commodities

Brazil mills to allocate more cane to sugar production

Mills in Brazil's center-south region are expected to allocate more cane to sugar production in the new season that starts in April than they did in the previous crop, due to improved raw sugar prices in New York, INTL FCStone said on Thursday.
Published 29 Feb, 2020 12:00am
US MIDDAY: Palladium slumps 12 percent, gold 4 percent
Commodities

US MIDDAY: Palladium slumps 12 percent, gold 4 percent

Palladium led a free fall in precious metals on Friday, slumping more than 12%, while gold slid as much as 4% en route to its biggest daily drop in nearly seven years as coronavirus drove panic-stricken investors to liquidate assets across the board.
Published 29 Feb, 2020 12:00am
Us MIDDAY: Crop futures slide
Commodities

Us MIDDAY: Crop futures slide

US corn futures slumped to new contract lows on Friday and wheat fell to a 3-1/2 month low, both sinking for the seventh time in eight trading sessions as a spike in new coronavirus cases beyond China fuelled fears of a pandemic.
Published 29 Feb, 2020 12:00am
Gold, palladium slump in European trade
Commodities

Gold, palladium slump in European trade

Gold slumped over 3% on Friday, en route to its biggest daily fall in nearly seven years as mounting coronavirus fears drove panic-stricken investors to liquidate assets across the board. The free fall hammered other precious metals as well, with palladiu
Published 29 Feb, 2020 12:00am
Gold slips in Asia
Commodities

Gold slips in Asia

Gold prices retreated on Friday as investors booked profits from a 1% jump in the last session, but the metal had some support as mounting concerns over the rapid spread of coronavirus lifted expectations of rate cuts by major central banks. Spot gold was
Published 29 Feb, 2020 12:00am
Raw sugar, cocoa down
Commodities

Raw sugar, cocoa down

Raw sugar futures on ICE fell to a seven-week low on Friday, while cocoa prices were sharply down as concern about the spread of the coronavirus sparked widespread losses in crude oil and other commodity markets. May raw sugar was down 0.26 cents, or 1.8%
Published 29 Feb, 2020 12:00am
Aluminium, zinc bounce after hitting multi-year lows
Commodities

Aluminium, zinc bounce after hitting multi-year lows

Industrial metals prices carved out new lows on Friday as the coronavirus outbreak worsened, but most rebounded as traders cashed in profits and squared positions ahead of the weekend. The rapid spread of the coronavirus increased fears of a pandemic on F
Published 29 Feb, 2020 12:00am
Malaysian palm oil plunges 6 percent
Commodities

Malaysian palm oil plunges 6 percent

Malaysian palm oil futures ended 6 percent lower on Friday, marking the biggest weekly drop in over a decade, as coronavirus cases continued to spread globally and stoked worries about a slump in global edible oil demand. The benchmark palm oil contract f
Published 29 Feb, 2020 12:00am
Tokyo rubber tumbles
Commodities

Tokyo rubber tumbles

Tokyo Commodity Exchange (TOCOM) futures plunged more than 4% on Friday, extending losses into a fifth straight session and marking a 9% loss for the week, as growing number of coronavirus cases outside China fuelled fears of global economic slowdown. TOC
Published 29 Feb, 2020 12:00am
Oil prices sink to lowest in more than a year
Energy

Oil prices sink to lowest in more than a year

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears. Investors worried about an economic slowdown weighing on
Published 29 Feb, 2020 12:00am
Cotton plunges over 4 percent as coronavirus fears grip markets
Cotton & Textile

Cotton plunges over 4 percent as coronavirus fears grip markets

Cotton futures slumped more than 4 percent on Thursday to their lowest level in over four months as fears about the economic impact of the spreading coronavirus dented risk sentiment among investors. Cotton contracts for May settled down 2.97 cent, or 4.5
Published 29 Feb, 2020 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 29 Feb, 2020 12:00am
Philippines buyers buy about 275,000 tonnes of feed wheat
Commodities

Philippines buyers buy about 275,000 tonnes of feed wheat

Importers in the Philippines purchased around 275,000 tonnes of animal feed wheat to be sourced from optional origins in tenders on Thursday, European traders said on Friday. Two groups bought a total of five consignments each of around 55,000 tonnes, the
Published 29 Feb, 2020 12:00am
Cautious buying by mills, spinners on cotton market
Cotton & Textile

Cautious buying by mills, spinners on cotton market

Cautious buying by mills and spinners was seen on the cotton market on Friday as most of the ginners were not ready to make any deal in a big way, dealers said.
Published 29 Feb, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 132,623 tonnes of cargo comprising 65,260 tonnes of import cargo and 67,363 tonnes of export cargo including 3,933 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 29 Feb, 2020 12:00am
US natural gas futures fall to four years low
Energy

US natural gas futures fall to four years low

US natural gas futures plunged over 4% to a near four years low on Thursday on a smaller-than-expected weekly storage draw, forecasts for milder weather over the next two weeks and a drop in oil futures to their lowest in over a year.
Published 29 Feb, 2020 12:00am
Euronext wheat futures fall at two-month low
Commodities

Euronext wheat futures fall at two-month low

Euronext wheat futures fell to a two-month low on Thursday, pressured by further heavy losses in financial markets as investors fretted over a coronavirus outbreak that has spread from China to a growing numbers of countries worldwide.
Published 29 Feb, 2020 12:00am
US wheat futures drop
Commodities

US wheat futures drop

US wheat futures fell sharply on Thursday as the spread of coronavirus beyond China rattled broader markets and stoked concerns about weakened global economic growth, traders said.
Published 29 Feb, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,019. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.952 billion and the number of lots traded was 13,368. Major business was contributed by gold am
Published 29 Feb, 2020 12:00am
CBOT corn futures tumble
Commodities

CBOT corn futures tumble

Chicago Board of Trade corn futures tumbled to life-of-contract lows on Thursday as the spread of coronavirus fueled fears about a potential hit to global economic growth, traders said.
Published 29 Feb, 2020 12:00am
London stocks hammered as pandemic fears grow
Stocks

London stocks hammered as pandemic fears grow

London's stock markets tanked on Friday, with both benchmark indexes firmly entering correction territory, as the coronavirus outbreak threatened to turn into a pandemic and spark a global recession.
Published 29 Feb, 2020 12:00am
Southeast Asian stocks collapse as virus grips markets
Stocks

Southeast Asian stocks collapse as virus grips markets

Southeast Asian stock markets dived on Friday and Thailand's stocks recorded their worst week since the 2008 financial crisis, as the fast-spreading coronavirus raised fears of a global economic crisis. Countries on three continents reported their first c
Published 29 Feb, 2020 12:00am
European stocks head for worst week since 2008 crisis
Stocks

European stocks head for worst week since 2008 crisis

European shares slumped on Friday, on course for their biggest weekly decline since the financial crisis in 2008, on investor fears that the rapid spread of the coronavirus outside China could trigger a global recession.
Published 29 Feb, 2020 12:00am
Japan shares sink nearly four percent
Stocks

Japan shares sink nearly four percent

Japanese shares plummeted in heavy volume on Friday to their lowest in nearly six months as global markets sold off on the rising possibility the coronavirus outbreak would become a pandemic.
Published 29 Feb, 2020 12:00am
Treasury yields pare declines
Money & Banking

Treasury yields pare declines

US Treasury yields steadied following sharp declines on Thursday as coronavirus concerns led investors to pile into safe-haven assets, with the yield on the benchmark 10-year note reaching an all-time low for the third consecutive day.
Published 29 Feb, 2020 12:00am
Wall Street's three major averages confirm corrections
Stocks

Wall Street's three major averages confirm corrections

Wall Street's main indexes plunged on Thursday for the sixth straight session, with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified worries about economic growth.
Published 29 Feb, 2020 12:00am
Worst week for Indian shares since 2009
Stocks

Worst week for Indian shares since 2009

Indian shares sank on Friday for a sixth straight session, capping their worst week in more than a decade, over fears that the fast-spreading coronavirus outbreak could trigger a global recession.
Published 29 Feb, 2020 12:00am
Hong Kong stocks tumble
Stocks

Hong Kong stocks tumble

Hong Kong stocks fell on Friday, posting their worst week in a month, as the rapid spread of the coronavirus across the world sparked fears of contagion and sent global markets reeling. At the close of trade, the Hang Seng index was down 2.4% at 26,129.93
Published 29 Feb, 2020 12:00am
US consumer spending, inflation cool; spotlight on Fed
Global Business Economy

US consumer spending, inflation cool; spotlight on Fed

US consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.
Published 29 Feb, 2020 12:00am
Canada economic growth slows
Global Business Economy

Canada economic growth slows

Canadian economic growth slowed to 0.3 percent in the last quarter of 2019, the government reported Friday, but still beat forecasts slightly. Gross domestic product (GDP) had been widely expected to fall to 0.2 percent from the previous quarter.
Published 29 Feb, 2020 12:00am
Europe airlines chart path through coronavirus crisis
Global Business Economy

Europe airlines chart path through coronavirus crisis

European airlines are reducing flights to Italy due to coronavirus as part of drastic cost-cutting in an industry rocked by fallout from the deadly outbreak. Big global carriers had already cancelled flights to China - including Air Canada, Air France-KLM
Published 29 Feb, 2020 12:00am
India's quarterly growth rises slightly after six-year lows
Global Business Economy

India's quarterly growth rises slightly after six-year lows

India's economic growth rose slightly to 4.7 percent in the last three months of 2019, government data showed Friday, edging back from six-year lows. Asia's third-largest economy is facing strong headwinds with a contraction in investments, lower factory
Published 29 Feb, 2020 12:00am
Emergency rate cuts 'not the baseline': Fed's Bullard
Money & Banking

Emergency rate cuts 'not the baseline': Fed's Bullard

A US central banker said Friday that emergency interest rate cuts in response to the coronavirus outbreak are possible but not likely unless the epidemic becomes much worse. James Bullard, head of the St Louis Federal Reserve Bank, last year pushed for mo
Published 29 Feb, 2020 12:00am
UK court clears Barclays bankers over Qatar funding
Money & Banking

UK court clears Barclays bankers over Qatar funding

A UK court on Friday acquitted three former Barclays executives of conspiracy to commit fraud over the British bank's emergency fundraising from Qatar during the 2008 global financial crisis. It follows an acquittal last year over the affair of former Bar
Published 29 Feb, 2020 12:00am
Kosovo's partial tariff lift a 'serious mistake': US envoy
Taxes

Kosovo's partial tariff lift a 'serious mistake': US envoy

Kosovo's premier faced a backlash Friday for his plan to partially lift a tariff on Serbian imports, with a US diplomat condemning it as a "serious mistake" for falling short of a full removal. The West has been pressuring Kosovo for months to drop the tr
Published 29 Feb, 2020 12:00am
Coronavirus hits outlook for BA, EasyJet
Global Business Economy

Coronavirus hits outlook for BA, EasyJet

British Airways-parent IAG on Friday said annual net profit dived 41 percent on higher fuel costs and strikes at BA, adding that the outlook was "adversely affected" by the coronavirus. Profit after tax slumped to 1.72 billion euros ($1.89 billion) last y
Published 29 Feb, 2020 12:00am
VW strikes 'dieselgate' compensation deal with German consumers
Global Business Economy

VW strikes 'dieselgate' compensation deal with German consumers

German automaker Volkswagen said Friday it has struck a compensation deal with domestic consumer groups representing owners of cars caught up in its "dieselgate" emissions cheating scandal. "We and the Federation of German Consumer Organisations (VZBV) ha
Published 29 Feb, 2020 12:00am
Sri Lanka offers tax cuts, subsidies to revive jinxed airport
Global Business Economy

Sri Lanka offers tax cuts, subsidies to revive jinxed airport

Sri Lanka's new government Friday offered tax breaks and subsidised fuel to revive the island's second international airport built with Chinese loans but which ended up a white elephant. Authorities announced plans to suspend the $60 departure tax for two
Published 29 Feb, 2020 12:00am
Injured Haris Rauf to be replaced by Salman Irshad
Cricket

Injured Haris Rauf to be replaced by Salman Irshad

Pacer Haris Rauf will be replaced by Salman Irshad, the right-arm fast-medium bowler, in Lahore Qalandars' camp after the former was ruled out due to an injury in his right foot. Haris is likely to miss the next two to three HBL Pakistan Super League 2020
Published 29 Feb, 2020 12:00am
Djokovic beat Monfils for 17th time
Other

Djokovic beat Monfils for 17th time

Novak Djokovic saved three match points before defeating Gael Monfils 2-6, 7-6 (10/8), 6-1 to reach the Dubai Championships final on Friday. It was the 17th win of the season for the world number one and a 17th career win over Frenchman Monfils without a
Published 29 Feb, 2020 12:00am
Injured Rabada out of Australia, India series
Cricket

Injured Rabada out of Australia, India series

South African fast bowler Kagiso Rabada has been ruled out of the one-day international series against Australia, starting in Paarl on Saturday, as well as a short tour of India next month. Rabada suffered a groin strain during the third and final Twenty2
Published 29 Feb, 2020 12:00am
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