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Print - 2020-03-20
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 20 Mar, 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 20 Mar, 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 Thursday (March 19, 2020).

Published 20 Mar, 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 Thursday (March 19, 2020).

Published 20 Mar, 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 Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 20 Mar, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
THE RUPEE: Minor changes
Money & Banking

THE RUPEE: Minor changes

The rupee was inert on the open market, however it dropped against the dollar on the inter-bank market on Thursday in the process of trading activity, dealers said.
Published 20 Mar, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 19, 2020)

Published 20 Mar, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 19, 2020).

Published 20 Mar, 2020 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Mar, 2020 12:00am
The Weather

The Weather

The weather report on Thursday (March 19, 2020) and the forecast for Friday (March 20, 2020).

Published 20 Mar, 2020 12:00am
Cotton sinks to over decade low
Cotton & Textile

Cotton sinks to over decade low

ICE cotton futures plunged to their lowest level in more than 10 years on Thursday, on fears of dwindling demand for the natural fiber due to the coronavirus and its impact on supply chains.
Published 20 Mar, 2020 12:00am
US MIDDAY: Gold drops 1 percent
Commodities

US MIDDAY: Gold drops 1 percent

Gold prices slipped more than 1% on Thursday as the dollar jumped to multi-year highs, with the coronavirus pandemic threatening to cripple economic activity and prompting investors to sell assets to keep their money in cash.
Published 20 Mar, 2020 12:00am
US MIDDAY: Corn, soya and wheat up
Commodities

US MIDDAY: Corn, soya and wheat up

US corn, soyabean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made US supplies more attractive to overseas buyers.
Published 20 Mar, 2020 12:00am
Palm oil ends lower
Commodities

Palm oil ends lower

Malaysian palm oil futures closed lower on Thursday as worries deepened over the damage to global demand due to coronavirus.
Published 20 Mar, 2020 12:00am
Raw sugar plumbs 1-1/2-year lows
Commodities

Raw sugar plumbs 1-1/2-year lows

Raw sugar futures on ICE hit new 1-1/2 year lows on Thursday over concerns that in energy prices in Brazil will prompt mills there to produce more sugar at the expense of ethanol, a cane-based biofuel.
Published 20 Mar, 2020 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 20 Mar, 2020 12:00am
PCB confirms all 128 COVID-19 tests negative
Cricket

PCB confirms all 128 COVID-19 tests negative

The Pakistan Cricket Board (PCB) Thursday confirmed that it conducted 128 COVID-19 tests on the players; support staff, match officials, broadcasters and team owners on Tuesday, and all results have turned out to be negative. The tests were conducted as p
Published 20 Mar, 2020 12:00am
MLS stretches match suspension to May 10
Football

MLS stretches match suspension to May 10

Major League Soccer extended its suspension of all matches to May 10 on Thursday after health officials recommended an eight-week ban on gatherings of more than 50 people.
Published 20 Mar, 2020 12:00am
Former Villa and Cardiff midfielder dies
Other

Former Villa and Cardiff midfielder dies

Former Aston Villa and Cardiff midfielder Peter Whittingham died on Thursday at the age of 35 following an accidental fall.
Published 20 Mar, 2020 12:00am
Major League Rugby cancels remainder of 2020 campaign
Other

Major League Rugby cancels remainder of 2020 campaign

Major League Rugby, the 12-team North American circuit that had started its third season, announced Thursday that it will cancel the remainder of the 2020 campaign due to the coronavirus outbreak.
Published 20 Mar, 2020 12:00am
Cash-strapped Venezuela hikes public service fees
Global Business Economy

Cash-strapped Venezuela hikes public service fees

Venezuelan utilities have hiked fees and the government plans to raise taxes, as the economy deteriorates further due to the spread of coronavirus and the crash in global oil prices adds to the strain on public coffers.
Published 20 Mar, 2020 12:00am
US targets UAE-based firms for shipping Iranian oil
Energy

US targets UAE-based firms for shipping Iranian oil

The United States on Thursday slapped sanctions on five companies based in the United Arab Emirates for allegedly shipping oil from Iran in defiance of President Donald Trump's unilateral sanctions.
Published 20 Mar, 2020 12:00am
Swedbank fined $385 million over Baltic money laundering
Money & Banking

Swedbank fined $385 million over Baltic money laundering

Sweden's financial supervisory authority said Thursday it was fining Swedbank $385 million for failing to properly combat money laundering in its Estonian operations. "Swedbank AB has had serious deficiencies in its management of the risk of money launder
Published 20 Mar, 2020 12:00am
German manufacturing expectations record fastest-ever plunge
Global Business Economy

German manufacturing expectations record fastest-ever plunge

The coronavirus outbreak caused the steepest drop in German manufacturers' expectations in the 70-year history of surveys, data showed on Thursday, as the three main economic institutes predicted anything from mild recession to a generational crash.
Published 20 Mar, 2020 12:00am
Russia props up ruble, oil producers
Money & Banking

Russia props up ruble, oil producers

Russia announced Thursday new measures to prop up the ruble and its oil producers, both of which have been suffering from sinking oil prices and the global panic over the coronavirus.
Published 20 Mar, 2020 12:00am
US has 'no problem issuing more debt': Mnuchin
Global Business Economy

US has 'no problem issuing more debt': Mnuchin

The US government has "no problem issuing more debt" to stem the economic carnage caused by the coronavirus pandemic, Treasury Secretary Steven Mnuchin said on Thursday. As Congress and President Donald Trump negotiate over a $1.3 trillion stimulus packag
Published 20 Mar, 2020 12:00am
Airlines need up to $200 billion in emergency aid: IATA
Global Business Economy

Airlines need up to $200 billion in emergency aid: IATA

Up to $200 billion is needed to rescue the world's airlines during the coronavirus crisis, the global aviation association said Thursday, appealing especially to African and Middle Eastern countries to provide emergency assistance.
Published 20 Mar, 2020 12:00am
Virus endangers 'future of aviation' without state aid: Lufthansa
Global Business Economy

Virus endangers 'future of aviation' without state aid: Lufthansa

The chief executive of German airline giant Lufthansa warned Thursday that governments might need to save the industry from the coronavirus crisis, as "drastic cutbacks in flight operations" have grounded over 90 percent of its planes.
Published 20 Mar, 2020 12:00am
FTSE 100 rises after BoE's new rescue measures
Stocks

FTSE 100 rises after BoE's new rescue measures

Britain's top shares ended a volatile session higher on Thursday after the Bank of England cut interest rates to a record low and ramped up its bond-buying programme in a bid to rescue the economy from the coronavirus crisis.
Published 20 Mar, 2020 12:00am
BoE boosts European stocks but recession fears remain
Stocks

BoE boosts European stocks but recession fears remain

European shares ended higher on Thursday after more emergency stimulus from the Bank of England, although questions remained over whether it would suffice to dampen the economic shock from the coronaries outbreak.
Published 20 Mar, 2020 12:00am
China stocks lower; losses capped on policy hopes
Stocks

China stocks lower; losses capped on policy hopes

China stocks ended lower on Thursday, but losses were limited as investors expected further stimulus measures from policymakers to shield the world's second-largest economy from the impact of the coronavirus.
Published 20 Mar, 2020 12:00am
Treasury yields surge in volatile session
Stocks

Treasury yields surge in volatile session

US Treasury yields swung widely in a volatile session on Wednesday as investors scrambled to make trades in an illiquid market, moving a closely watched part of the yield curve to its steepest in two years.
Published 20 Mar, 2020 12:00am
Nigerian stocks at 8-year low
Stocks

Nigerian stocks at 8-year low

Nigerian stocks fell 2.94% on Thursday to their lowest level in more than eight years as the number of coronavirus cases in the West African nation rose.
Published 20 Mar, 2020 12:00am
Japan's Nikkei hits 3-1/2-year low
Stocks

Japan's Nikkei hits 3-1/2-year low

Japan's share benchmark Nikkei fell to a 3-1/2-year low on Thursday, reversing early gains as panic selling over the coronavirus pandemic overshadowed a massive shot of stimulus from the world's major central banks.
Published 20 Mar, 2020 12:00am
Dollar spikes to 3-year highs in NY
Money & Banking

Dollar spikes to 3-year highs in NY

The dollar soared across the board on Wednesday, hitting multi-year highs against several major currencies, as companies and investors worried by the coronavirus outbreak rushed to the perceived safety of the US currency.
Published 20 Mar, 2020 12:00am
Euro plunges to three-year lows in Europe
Money & Banking

Euro plunges to three-year lows in Europe

The euro plunged to its lowest level in three years on Thursday as demand for dollar funding stayed high despite the recent burst of liquidity injection operations undertaken by central banks around the world.
Published 20 Mar, 2020 12:00am
Dollar resumes relentless climb in Asia
Money & Banking

Dollar resumes relentless climb in Asia

The dollar resumed its relentless climb against major currencies on Thursday as wild financial market volatility and worries over tightening liquidity triggered by the coronavirus pandemic sparked an investor flight into cash.
Published 20 Mar, 2020 12:00am
India's February oil imports up marginally
Energy

India's February oil imports up marginally

India's oil imports in February rose 0.3% from the previous month to about 4.76 million barrels per day (bpd), according to preliminary tanker arrival data obtained from shipping and industry sources.
Published 20 Mar, 2020 12:00am
CBOT corn crashes to 3-1/2-year low
Commodities

CBOT corn crashes to 3-1/2-year low

Chicago Board of Trade corn futures slid 2.2% to their lowest since September 2016 on Wednesday on expectations that demand for ethanol will crater as oil prices fall due to the coronavirus pandemic, traders said.
Published 20 Mar, 2020 12:00am
Cautious trading session seen on cotton market
Cotton & Textile

Cautious trading session seen on cotton market

Rates of cotton fell on the local market on Thursday in the process of cautious trading session, dealers said. The official spot rate was down by Rs100 to Rs8800, they added. In the ready session, 1300 bales of cotton changed hands between Rs8550-9200, de
Published 20 Mar, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 146,708 tonnes of cargo comprising 109,957 tonnes of import cargo and 36,751 tonnes of export cargo including 7,003 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 20 Mar, 2020 12:00am
US natural gas tumbles to 24-year low
Energy

US natural gas tumbles to 24-year low

US natural gas futures plunged 7% to their lowest since 1995 on Wednesday, alongside a 24% collapse in oil prices, as travel bans sparked by the coronavirus slashed the global outlook for energy demand.
Published 20 Mar, 2020 12:00am