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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2020-04-11
State Bank of Pakistan conversion rates
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 11 Apr, 2020 12:00am
Barclays bid rates and maximum rates for payment of interest
Rates

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 11 Apr, 2020 12:00am
Currency notes: exchange rates
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 (April 10, 2020).

Published 11 Apr, 2020 12:00am
Bill buying rates per unit of currency
Rates

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 (April 10, 2020).

Published 11 Apr, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Apr, 2020 12:00am
THE RUPEE: Rising trend
Money & Banking

THE RUPEE: Rising trend

The rupee maintained upward trend against the dollar on the currency market on Friday in the process of trading activity, marketmen said.
Published 11 Apr, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 10, 2020).

Published 11 Apr, 2020 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 10, 2020).

Published 11 Apr, 2020 12:00am
The Weather

The Weather

The weather report on Friday (April 10, 2020) and the forecast for Saturday (April 11, 2020).

Published 11 Apr, 2020 12:00am
Russian rouble rises
Money & Banking

Russian rouble rises

The rouble firmed on Friday, consolidating a recovery from recently-hit four-year lows after a global decision to cut oil production was set to support prices, although it could also have an adverse impact on the Russian export-focused economy.
Published 11 Apr, 2020 12:00am
More Latam FX pain due in April
Money & Banking

More Latam FX pain due in April

Latin American currencies are set to stay weak this month as the regional economic damage caused by the coronavirus pandemic becomes more clear, according to a Reuters poll of strategists who remained optimistic about an eventual rebound.
Published 11 Apr, 2020 12:00am
Dollar falls, sterling recovers in Asia
Money & Banking

Dollar falls, sterling recovers in Asia

The dollar was on course for a weekly loss on Friday as the US Federal Reserve's massive new lending programme for small companies and signs of a slowdown in coronavirus infections reduced safe-haven demand.
Published 11 Apr, 2020 12:00am
US, UK, Europe and other markets closed
Stocks

US, UK, Europe and other markets closed

Stocks, financial and commodity markets in New York, London, Europe and in some Asian countries, including Hong Kong and India were closed for Good Friday and Easter holidays from April 10 to 13, 2020. Markets will resume normal trading on Tuesday, while
Published 11 Apr, 2020 12:00am
Japanese shares surge
Stocks

Japanese shares surge

Japanese shares settled higher on Friday, with bank stocks leading the gains on a $2.3 trillion programme by the US Federal Reserve to support local governments and businesses, but trading was lacklustre due to the Easter holidays overseas.
Published 11 Apr, 2020 12:00am
South Korean shares up
Stocks

South Korean shares up

South Korean shares rose on Friday as market sentiment was lifted by the US Federal Reserve's fresh stimulus measures overnight that eased concerns over a liquidity crunch. The Korean won strengthened, while the benchmark bond yield rose.
Published 11 Apr, 2020 12:00am
Wall Street rises on latest Fed rescue plan
Stocks

Wall Street rises on latest Fed rescue plan

Wall Street closed out the trading week on a high note on Thursday as the US Federal Reserve unleashed another program designed to buoy local governments and businesses crushed by massive closures to stem the coronavirus outbreak.
Published 11 Apr, 2020 12:00am
Shanghai stocks record best week in five on stimulus hopes
Stocks

Shanghai stocks record best week in five on stimulus hopes

Shanghai stocks slid on Friday on bleak factory gate data that pointed to a prolonged recovery, but ended the week with their biggest gains in five on hopes of more economic stimulus to shore up the world's second-largest economy.
Published 11 Apr, 2020 12:00am
Italian yields falls
Stocks

Italian yields falls

Italian government bond yields fell on Thursday after European Union budget hawk Austria said it was willing to compromise to reach a deal on the bloc's response to the coronavirus crisis. However, euro bonds remain out of the question, Finance Minister G
Published 11 Apr, 2020 12:00am
European wheat hits over 1-1/2-year high
Commodities

European wheat hits over 1-1/2-year high

European wheat hit a more than 1-1/2 year high on Thursday, boosted by strong exports and dryness in some parts of Europe, but pared most of its gains after the US government released larger than expected wheat ending stocks estimates.
Published 11 Apr, 2020 12:00am
CBOT corn futures rise on technical buying
Commodities

CBOT corn futures rise on technical buying

Chicago corn futures inched upward on Thursday, on technical buying and strong export sales, after the US Agriculture Department raised its outlook for domestic supplies of corn on expectations of reduced usage by ethanol producers.
Published 11 Apr, 2020 12:00am
Asia's gasoline hits new low on rising supplies
Energy

Asia's gasoline hits new low on rising supplies

Asia's gasoline crack hit a new low on rising supplies for a second straight day on Thursday, as supplies increased while demand continued to fall due to lockdowns seeking to curb the coronavirus from spreading.
Published 11 Apr, 2020 12:00am
CBOT wheat futures rise
Commodities

CBOT wheat futures rise

Chicago Board of Trade wheat futures rose Thursday, as the Russian ruble strengthened against the US dollar and dryness in Europe and the Black Sea region threatened crops, traders said.
Published 11 Apr, 2020 12:00am
Spot rate inert on cotton market
Cotton & Textile

Spot rate inert on cotton market

The official spot rate was unchanged as cotton market not able to keep business activity these days owing to fight against coronavirus, some dealers informed on phone on Friday.
Published 11 Apr, 2020 12:00am
Activities at Karachi Port
Business & Economy

Activities at Karachi Port

The Karachi Port handled 129,827 tonnes of cargo comprising 118,148 tonnes of import cargo and 11,679 tonnes of export cargo including 8,376 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 11 Apr, 2020 12:00am
US natural gas little changed on higher demand
Energy

US natural gas little changed on higher demand

US natural gas futures were little changed as forecasts for cooler weather and higher demand over the next two weeks offset a bigger-than-expected storage build and longer-range projects calling for demand destruction from the coronavirus outbreak.
Published 11 Apr, 2020 12:00am
CBOT soyabeans rally as USDA forecasts larger supply
Commodities

CBOT soyabeans rally as USDA forecasts larger supply

Chicago Board of Trade soyabeans rallied on Thursday after the US Department of Agriculture raised soyabean supply outlooks higher than market expectations, while also forecasting a higher soyameal crush to meet growing livestock feed needs.
Published 11 Apr, 2020 12:00am
WHO denies ignoring Taiwan early virus warning

WHO denies ignoring Taiwan early virus warning

The World Health Organization on Friday denied having brushed off a Taiwanese warning on human-to-human transmission of the new coronavirus soon after the outbreak in China late last year.
Published 11 Apr, 2020 12:00am
Sanofi offers 100 million doses of hydroxychloroquine in COVID-19 fight
Global Business Economy

Sanofi offers 100 million doses of hydroxychloroquine in COVID-19 fight

French pharmaceutical giant Sanofi said Friday it would offer 100 million doses of hydroxychloroquine, a treatment for rheumatoid arthritis and lupus, to governments worldwide if studies show it can safely to be used to treat COVID-19 patients.
Published 11 Apr, 2020 12:00am
Asia cracks down on virus 'fake news'

Asia cracks down on virus 'fake news'

Hundreds of people have been arrested across Asia for posting purported false coronavirus information, according to an AFP investigation, deepening concerns that growing government efforts to combat "fake news" will target the wrong people and silence dis
Published 11 Apr, 2020 12:00am
War-torn Yemen reports first coronavirus case

War-torn Yemen reports first coronavirus case

Yemen reported its first case of coronavirus Friday in a southern government-controlled province, raising fears of an outbreak in the war-torn country as air strikes blamed on the Saudi-led coalition tested a unilateral truce.
Published 11 Apr, 2020 12:00am
US consumer prices record largest drop in five years
Global Business Economy

US consumer prices record largest drop in five years

US consumer prices fell by the most in more than five years in March and further decreases are likely as the novel coronavirus outbreak suppresses demand for some goods and services, offsetting price increases related to shortages resulting from disruptio
Published 11 Apr, 2020 12:00am
China loans surge to $405 billion in March
Money & Banking

China loans surge to $405 billion in March

New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing hitting a record, as the central bank pumped in more liquidity and cut funding costs to support the coronavirus-ravaged economy.
Published 11 Apr, 2020 12:00am
China inflation slows as lockdowns ease
Global Business Economy

China inflation slows as lockdowns ease

Inflation in China grew at its slowest pace since last October, official data showed Friday, falling from eight-year highs due to a drop in food prices as the country gradually lifts virus lockdowns.
Published 11 Apr, 2020 12:00am
EU strikes rescue deal as hopes rise of virus easing
Global Business Economy

EU strikes rescue deal as hopes rise of virus easing

Tentative signs of hope emerged Thursday that the coronavirus pandemic was peaking, as the European Union sealed a rescue package to help the hard-hit continent.
Published 11 Apr, 2020 12:00am
Airbus plan for new A321 jet plant in France
Global Business Economy

Airbus plan for new A321 jet plant in France

Airbus has shelved plans to add a French assembly line for its A321neo just 10 weeks after the expansion was launched, as the coronavirus fallout spreads to its best-selling jetliner.
Published 11 Apr, 2020 12:00am
Partly Facetious: A scientific approach?
Articles

Partly Facetious: A scientific approach?

"The Khan administration, I will have ye all of little faith know, is assessing the on-the-ground situation every day before tweaking if required its strategy on a daily basis on how to deal with the Coronavirus..."
Published 11 Apr, 2020 12:00am
Brother-in-law of Sindh CM laid to rest in Karachi

Brother-in-law of Sindh CM laid to rest in Karachi

Syed Mehdi Shah, brother-in-law of Sindh Chief Minister Syed Murad Ali Shah, was laid to rest at the Wadi-e-Hussain graveyard here on Friday. Syed Mehdi Shah died at a private hospital where he had been under treatment for the coronavirus infection.
Published 11 Apr, 2020 12:00am
CM video message: 86 new cases of COVID-19 surface, one died

CM video message: 86 new cases of COVID-19 surface, one died

Sindh Chief Minister Syed Murad Ali Shah has said that during last 24 hours 86 new cases have emerged while one person despite defeating coronavirus, lost his life due to the complications created by COVID-19 and the deceased was his brother-in-law.
Published 11 Apr, 2020 12:00am
LPGDA withdraws strike call after meeting with Nadeem Babar
Energy

LPGDA withdraws strike call after meeting with Nadeem Babar

The Liquefied Petroleum Gas Distributors Association (LPGDA) on Friday called off the April 11 strike announced by it after holding a meeting with Special Assistant to Prime Minister on Petroleum Nadeem Babar.
Published 11 Apr, 2020 12:00am
LESCO issues Rs 20 million electricity bill to OLMT management
Energy

LESCO issues Rs 20 million electricity bill to OLMT management

The Lahore Electric Supply Company (LESCO) has issued Rs20 million electricity bill to the Orange Line Metro Train (OLMT) management for the consumption of electricity during trial service of the train, said sources.
Published 11 Apr, 2020 12:00am
Nasir Shah criticises PM for politicizing pandemic problem

Nasir Shah criticises PM for politicizing pandemic problem

Sindh Minister for Information, Local Government, Housing & Town Planning, Religious Affairs, Forest and Wildlife Syed Nasir Hussain Shah has said it is extremely regrettable that on one hand the Sindh government is striving to protect its people from the
Published 11 Apr, 2020 12:00am
Pakistani students in Wuhan emerge from lockdown

Pakistani students in Wuhan emerge from lockdown

For more than a thousand Pakistani students stranded in the Chinese province of Hubei a gruelling lockdown lifted this week, but they must now decide whether to try to return to their home country where cases of coronavirus are rising rapidly.
Published 11 Apr, 2020 12:00am
Railways to launch 24 trains after approval
Business & Economy

Railways to launch 24 trains after approval

The Pakistan Railways (PR) is contemplating to launch 24 trains on up and down routes following end to lockdown due to coronavirus outbreak. However, this is still a proposal and it will be implemented after approval of the federal government.
Published 11 Apr, 2020 12:00am
SPARC holds online session on 'tobacco taxation' with journalists

SPARC holds online session on 'tobacco taxation' with journalists

Society for the Protection of the Rights of the Child (SPARC) organised an online session with journalists on tobacco taxation on Friday to brief them on a potential source of revenue to bear the cost to fight the covid-19 pandemic.
Published 11 Apr, 2020 12:00am
Buzdar raps opposition, acknowledges services of doctors, paramedics

Buzdar raps opposition, acknowledges services of doctors, paramedics

Chief Minister Punjab Sardar Usman Buzdar on Friday acknowledged the services of doctors and paramedics for the treatment of coronavirus patients. According to a message received here he said this while inspecting the THQ Hospital Kot Addu.
Published 11 Apr, 2020 12:00am
LCCI chief meets CCPO, DC
Business & Economy

LCCI chief meets CCPO, DC

President of the Lahore Chamber of Commerce & Industry Irfan Iqbal Sheikh had a joint meeting with Capital City Police Officer (CCPO) Zulfiqar Hameed and Deputy Commissioner Lahore Danish Afzal at the CCOP office on Friday to discuss a strategy and implem
Published 11 Apr, 2020 12:00am
SECP relaxes major provisions of NBFCs
Stocks

SECP relaxes major provisions of NBFCs

The Securities and Exchange Commission of Pakistan (SECP) on Friday relaxed major provisions of the Non-Banking Finance Companies and Notified Entities Regulations, 2008 to facilitate the asset management companies during the coronavirus pandemic.
Published 11 Apr, 2020 12:00am
NDMA provides medical equipment to Balochistan

NDMA provides medical equipment to Balochistan

Chairman National Disaster Management Authority (NDMA) Lieutenant. General Muhammad Afzal Friday said additional supplies of safety equipment were provided to the hospitals of Balochistan.
Published 11 Apr, 2020 12:00am
PTCL Group posts Rs 31.8 billion revenue in Q1 2020
Telecommunication

PTCL Group posts Rs 31.8 billion revenue in Q1 2020

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, has announced its financial results for the quarter ended March 31, 2020 at its Board of Directors meeting held in Islamabad on April 9, 2020.
Published 11 Apr, 2020 12:00am
FBR chairperson redesignates posts
Taxes

FBR chairperson redesignates posts

Chairperson Federal Board of Revenue (FBR) Nausheen Javaid Amjad on Friday made changes in the FBR Chairman Secretariat and re-designated posts of special officer (SO-I) and SO-II to the post of the director staff and chief FBR Chairman Secretariat, respe
Published 11 Apr, 2020 12:00am
Lady SHO attacked by mob for implementing lockdown

Lady SHO attacked by mob for implementing lockdown

The government seemed to be struggling to persuade religious groups to maintain social distancing in order to curb the spread of the virus, as a lady SHO in Orangi Town, Pirabad was attacked by mob when she tried to restrict people from conducting Friday
Published 11 Apr, 2020 12:00am
ECC shelves installation of all LPG mix supply plants
Energy

ECC shelves installation of all LPG mix supply plants

The Economic Coordination committee (ECC) of the Cabinet has shelved the execution of the already ECC approved new liquefied petroleum gas (LPG) Air Mix supply Projects by the Sui companies.
Published 11 Apr, 2020 12:00am
Congregational prayer to give rise to virus spread, observes SHC

Congregational prayer to give rise to virus spread, observes SHC

The Sindh High Court (SHC) has ruled that under the present circumstances, congregational prayer especially Friday prayer, will give rise to spread of the coronavirus potentially constituting a grave threat to public health and welfare.
Published 11 Apr, 2020 12:00am
Government, private hospitals hesitate to open OPDs

Government, private hospitals hesitate to open OPDs

The majority of government and private sector hospitals in the federal capital are yet to fully make their outdoor patient departments (OPDs) operational despite directives issued by the Islamabad Capital Territory (ICT) Administration following Supreme C
Published 11 Apr, 2020 12:00am
Umar launches Mobile Utility Store Service
Business & Economy

Umar launches Mobile Utility Store Service

Minister for Planning, Development and Special Initiatives Asad Umar on Friday inaugurated the "Mobile Utility Store Service" (MUSS) for providing relief to the people due to market closures and lockdown in the country.
Published 11 Apr, 2020 12:00am
Bracing for poverty and unemployment

Bracing for poverty and unemployment

It is becoming increasingly clear that the coronavirus pandemic will take a heavy toll of the economy, particularly employment and poverty trends. And it's no surprise that the ones to suffer first, and the most, are the lowest income groups. Still, the f
Updated 11 Apr, 2020 08:41am
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