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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2020-05-14
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 14 May, 2020 12:04am
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 14 May, 2020 12:04am
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 Wednesday (May 13, 2020).

Published 14 May, 2020 12:04am
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 Wednesday (May 13, 2020).

Published 14 May, 2020 12:04am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 May, 2020 12:04am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 13, 2020).

Published 14 May, 2020 12:04am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (May 13, 2020).

Published 14 May, 2020 12:04am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 13, 2020).

Published 14 May, 2020 12:04am
The Weather

The Weather

The weather report on Wednesday (May 13, 2020) and the forecast for Thursday (May 14, 2020).

Published 14 May, 2020 12:04am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold rose on Wednesday after US Federal Reserve Chairman Jerome Powell pledged more stimulus measures, if required, to ease the economic blow from the novel coronavirus.
Published 14 May, 2020 12:04am
US MIDDAY: Wheat nears 2-month low
Commodities

US MIDDAY: Wheat nears 2-month low

US wheat futures slid to a near two-month low on Wednesday, testing psychological support at the $5 per bushel mark, pressured by forecasts for rising global grain supplies and strong export competition, analysts said.
Published 14 May, 2020 12:04am
Oil falls 3 percent despite surprise US crude stock drawdown
Energy

Oil falls 3 percent despite surprise US crude stock drawdown

Oil prices fell more than 3% on Wednesday despite the first decline in US crude inventories since January, as markets were affected by a solemn address from the US Federal Reserve chairman warning that economic recovery from the coronavirus pandemic would
Published 14 May, 2020 12:04am
Gold gains in Europe
Commodities

Gold gains in Europe

Gold rose on Wednesday after US Federal Reserve Chairman Jerome Powell pledged more stimulus measures if required to ease the economic blow from the coronavirus.
Published 14 May, 2020 12:04am
Gold little changed in Asia
Commodities

Gold little changed in Asia

Gold prices were little changed on Wednesday, with markets awaiting a speech by Federal Reserve Chairman Jerome Powell for more signals on the US interest rate trajectory after dismal economic data.
Published 14 May, 2020 12:04am
Raw sugar, arabica coffee down
Commodities

Raw sugar, arabica coffee down

Raw sugar futures on ICE were lower on Wednesday as a sharp increase in production in top exporter Brazil continued to exert downward pressure on prices.
Published 14 May, 2020 12:04am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell for a second straight session on Wednesday, as sentiment soured on worries that a second wave of coronavirus infections was emerging in many countries easing lockdowns.
Published 14 May, 2020 12:04am
Canada's oil producers need climate targets to draw investment: Trudeau
Energy

Canada's oil producers need climate targets to draw investment: Trudeau

Canada's oil producers need to set clear targets to fight climate change to continue to attract global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as the country's carbon-intensive oil sands industry faces heightened environmental s
Published 14 May, 2020 12:04am
Copper prices ease
Commodities

Copper prices ease

Copper prices eased on Wednesday on fears of a second wave of coronavirus infections in top metals consumer China and in South Korea.
Published 14 May, 2020 12:04am
Cotton futures fall
Cotton & Textile

Cotton futures fall

ICE cotton futures fell on Wednesday as investors booked profits after the prior day's rally to a near two-week high and as caution set in about further demand from China.
Published 14 May, 2020 12:04am
Sindh Epidemic Diseases (Amend) Ord Promulgated

Sindh Epidemic Diseases (Amend) Ord Promulgated

The Sindh Governor Wednesday promulgated the Sindh Epidemic Diseases (Amendment) Ordinance, 2020. This Ordinance shall come into force at once. According to the text of the Ordinance: "In the Sindh Epidemic Diseases Act, 2014, hereinafter referred to as t
Published 14 May, 2020 12:04am
Traders, customers urged to strictly follow SOPs
Business & Economy

Traders, customers urged to strictly follow SOPs

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged shopkeepers of each and every commercial market across Karachi to strictly adhere to all the Standard Operating Procedures (SOPs) during the ongoing shopping season o
Published 14 May, 2020 12:04am
Zameen parent company EMPG acquires Lamudi Global
Business & Economy

Zameen parent company EMPG acquires Lamudi Global

EMPG, the parent company of Pakistan's largest real estate portal Zameen and one of the leading digital classifieds groups in the MENA, South Asia and Southeast Asia regions, has announced its acquisition of Lamudi Global, which has businesses in Philippi
Published 14 May, 2020 12:04am
SHC asks hospitals to reopen emergency wards and OPDs

SHC asks hospitals to reopen emergency wards and OPDs

Sindh High Court (SHC) ordered all public and private hospitals across the province to reopen emergency wards and outpatient departments (OPDs) immediately to treat the patients suffering from various ailments.
Published 14 May, 2020 12:04am
Dollar steadies in Europe
Money & Banking

Dollar steadies in Europe

The dollar steadied below a three-week high on Wednesday as investors waited for a speech from Federal Reserve Chairman Jerome Powell after US President Donald Trump called for the introduction of negative interest rates.
Published 14 May, 2020 12:04am
Early trade in New York: Dollar erases losses
Money & Banking

Early trade in New York: Dollar erases losses

The US dollar erased losses to trade flat against a basket of currencies on Wednesday, after Federal Reserve Chair Jerome Powell rejected the idea of using negative interest rates as a stimulative tool, even as he sounded a gloomy note about economic grow
Published 14 May, 2020 12:04am
Most Asian units subdued
Money & Banking

Most Asian units subdued

Most Asian currencies were subdued on Wednesday ahead of a speech by US Federal Reserve Chairman Jerome Powell, while investors worried that a rebound in global coronavirus infections would delay economic recovery.
Published 14 May, 2020 12:04am
Sterling falls to 6-week low against dollar
Money & Banking

Sterling falls to 6-week low against dollar

A stronger US dollar sent the British pound to its lowest in weeks on Wednesday after Federal Reserve Chair Jerome Powell delivered remarks in which he said an "extended period" of weak growth may be in store for the United States. Powell said the central
Published 14 May, 2020 12:04am
London stocks fall as GDP shrinks
Stocks

London stocks fall as GDP shrinks

UK stock markets fell on Wednesday as data showed a nationwide shutdown crushed retail sales in April, while the economy shrank by a record 5.8% in March in further evidence of the business damage caused by the novel coronavirus outbreak.
Published 14 May, 2020 12:04am
SE Asian stocks largely down
Stocks

SE Asian stocks largely down

Most Southeast Asian stock markets slipped on Wednesday as investors worried that lifting of coronavirus lockdowns could lead to a second wave of infections and set back economic recovery, while Malaysian market was boosted by a better-than-expected quart
Published 14 May, 2020 12:04am
Bitcoin rises
Stocks

Bitcoin rises

Bitcoin rose Wednesday after undergoing an eagerly awaited adjustment that occurs every few years to limit the amount of the virtual currency on the market, building on a recent coronavirus-driven rally.
Published 14 May, 2020 12:04am
S&P tumbles 2 percent
Stocks

S&P tumbles 2 percent

The S&P 500 dropped 2% on Tuesday as investors took profits following a warning from the top US infectious disease expert that premature moves to reopen the nation's economy could lead to novel coronavirus outbreaks and set back economic recovery.
Published 14 May, 2020 12:04am
Travel and auto stocks lead Europe lower
Stocks

Travel and auto stocks lead Europe lower

Travel stocks, automakers and banks led a slide in European shares on Wednesday as fears of a resurgence in coronavirus cases and a worrying outlook from the US central bank chief dented hopes of a swift economic recovery.
Published 14 May, 2020 12:04am
China stocks climb
Stocks

China stocks climb

Chinese shares closed higher on Wednesday, reversing course from small losses as a rally in healthcare stocks boosted the index, although gains were capped due to persisting concerns around a potential second wave of COVID-19 cases.
Published 14 May, 2020 12:04am
Dubai index rises, Abu Dhabi down
Stocks

Dubai index rises, Abu Dhabi down

Dubai's stock market closed higher on Wednesday after the emirate further eased coronavirus-related restrictions, but the Abu Dhabi index was pressured by First Abu Dhabi Bank on its exposure to in-liquidation agri-trader Phoenix.
Published 14 May, 2020 12:04am
Japanese stocks drop
Stocks

Japanese stocks drop

Japanese shares dipped further from a two-month high on Wednesday, tracking overnight losses on Wall Street on fears of a second wave of COVID-19 infections, while some profit taking also weighed on the market.
Published 14 May, 2020 12:04am
China's steel futures rise on firm demand
Commodities

China's steel futures rise on firm demand

Construction rebar and hot-rolled coil futures in China rose for the seventh straight session on Tuesday, boosted by firm consumption outlook even as data showed that the country reported a sharp drop in factory gate prices last month.
Published 14 May, 2020 12:04am
Cotton spot rate remains unchanged
Cotton & Textile

Cotton spot rate remains unchanged

Trading has started on the cotton market on Wednesday as government has eased the lockdown.
Published 14 May, 2020 12:04am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 100,551 tonnes of cargo comprising 74,326 tonnes of import cargo and 26,225 tonnes of export cargo including 5,833 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 14 May, 2020 12:04am
Asia's naphtha falls to one week low
Energy

Asia's naphtha falls to one week low

Asia's naphtha crack fell to one week low of $17.50 a tonne on Tuesday as supplies build up due to high volumes of east-bound cargoes, industry sources said.
Published 14 May, 2020 12:04am
European wheat down as US markets fall
Commodities

European wheat down as US markets fall

European wheat futures fell on Tuesday in step with a drop in US prices as a US Department of Agriculture (USDA) crop report forecast large grain supplies and as recent rainfall eased drought worries in Europe.
Published 14 May, 2020 12:04am
Ehsaas Programme: Rs96bn distributed among over 7.9m families

Ehsaas Programme: Rs96bn distributed among over 7.9m families

More than Rs 96 billion have been distributed among over 7.9 million families under the ongoing Ehsaas Emergency Cash Programme that aims to provide Rs 12,000 each to 12 million deserving families whose livelihoods are adversely affected with the outbreak
Published 14 May, 2020 12:04am
Shehryar Afridi elected chairman of Parliamentary body on Kashmir

Shehryar Afridi elected chairman of Parliamentary body on Kashmir

Minister of State for Narcotics Control Shehryar Afridi on Wednesday was elected as the Chairman of the Parliamentary Committee on Kashmir; nearly a month after the coveted slot fell vacant as a result of federal cabinet reshuffle in connection with the s
Published 14 May, 2020 12:04am
Provinces asked to ensure strict implementation of SOP

Provinces asked to ensure strict implementation of SOP

The federal government has written a letter to all the provinces, the Azad Jammu and Kashmir (AJ&K), the Gilgit-Baltistan (GB) for strict implementation of standard operating procedures (SOPs) devised to control spread of the coronavirus during Ramzan and
Published 14 May, 2020 12:04am
NAB tells LHC: Inquires against ministers will conclude in 3 months

NAB tells LHC: Inquires against ministers will conclude in 3 months

The Lahore High Court disposed of a petition against federal minister Khusro Bakhtiar and his brother provincial minister Hashim Jawan Bakht after the National Accountability Bureau informed that the inquires against the respondents into allegations of am
Published 14 May, 2020 12:04am
Marriyum flays Shehzad Akbar's allegations

Marriyum flays Shehzad Akbar's allegations

The Pakistan Muslim League-Nawaz (PML-N) Secretary Information, Marriyum Aurangzeb, on Wednesday flayed Prime Minister's Special Assistant on Accountability Shehzad Akbar's allegations and challenged him to come up with any objectionable cheque, transacti
Published 14 May, 2020 12:04am
US says China trying to steal Covid-19 vaccine research

US says China trying to steal Covid-19 vaccine research

US authorities warned healthcare and scientific researchers Wednesday that Chinese-backed hackers were attempting to steal research and intellectual property related to treatments and vaccines for Covid-19.
Published 14 May, 2020 12:04am
US adds Cuba to blacklist on counterterrorism

US adds Cuba to blacklist on counterterrorism

The United States said Wednesday it had added Cuba to a blacklist of countries that do not fully cooperate on counterterrorism, denouncing the presence of Colombian leftist guerrillas.
Published 14 May, 2020 12:04am
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