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Apr 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2020-05-29
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 29 May, 2020 12:05am
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 29 May, 2020 12:05am
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 Thursday (May 28, 2020).

Published 29 May, 2020 12:05am
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 Thursday (May 28, 2020).

Published 29 May, 2020 12:05am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 May, 2020 12:05am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Thursday (May 28, 2020).

Published 29 May, 2020 12:05am
THE RUPEE: Fall in value
Money & Banking

THE RUPEE: Fall in value

Pakistani rupee exhibited a fall in value in both interbank and open markets against USD after markets opened on Thursday. It also fell in value against Euro, AED and SR in open market.
Published 29 May, 2020 12:05am
Shipping Intelligence
Schedules

Shipping Intelligence

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

Published 29 May, 2020 12:05am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

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

Published 29 May, 2020 12:05am
Cotton Spot Rates
Rates

Cotton Spot Rates

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

Published 29 May, 2020 12:05am
Bullion Rates
Rates

Bullion Rates

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

Published 29 May, 2020 12:05am
The Weather

The Weather

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

Published 29 May, 2020 12:05am
South Korea cuts rates, flags worst year for economy since 1998
Global Business Economy

South Korea cuts rates, flags worst year for economy since 1998

South Korea's central bank cut interest rates to a record low on Thursday as it warned the coronavirus pandemic would be worse for Asia's fourth-largest economy than the 2008 global financial crisis.
Published 29 May, 2020 12:05am
EasyJet axes almost third of staff on virus fallout
Global Business Economy

EasyJet axes almost third of staff on virus fallout

EasyJet will axe up to 4,500 jobs, or almost one third of its staff, the British no-frills airline said Thursday, as the coronavirus ravages demand for air travel.
Published 29 May, 2020 12:05am
SAS loss deepens
Global Business Economy

SAS loss deepens

Scandinavian airline SAS said on Thursday that its quarterly loss deepened as air travel was devastated by coronavirus lockdowns.
Published 29 May, 2020 12:05am
PHEA urges govt to restore zero rating on ST
Cotton & Textile

PHEA urges govt to restore zero rating on ST

Pakistan Hosiery Manufacturers & Exporters Association's (PHMEA) Central chairman Chaudhry Salamat Ali has demanded the government to restore Zero Rating on Sales Tax - No Payment No Refund Regime reinstating SRO 1125 in the budget terming it indispensabl
Published 29 May, 2020 12:05am
PKI, APKF want money 'extorted by sugar mafia' given back to farmers

PKI, APKF want money 'extorted by sugar mafia' given back to farmers

The Pakistan Kissan Ittehad (PKI) and the All Pakistan Kissan Foundation welcomed the commission's report on sugar industry and urged the government to take stern action against the culprits who were taking benefit from both sides in the name of farmers.
Published 29 May, 2020 12:05am
Ex-PML-N MPA Sardar Atif Mazari shot dead by son

Ex-PML-N MPA Sardar Atif Mazari shot dead by son

Pakistan Muslim League-Nawaz's (PML-N) twice ex-MPA Sardar Atif Mazari was gunned down in his native town Rajanpur on Wednesday night. According to police, Sardar Atif Mazari was brought to the Rajanpur District Headquarter Hospital in a critical conditi
Published 29 May, 2020 12:05am
Euro steadies in European trade
Money & Banking

Euro steadies in European trade

The euro was steady on Thursday as investors questioned whether a 750 billion euro ($826.35 billion) European Union plan to prop up the bloc's coronavirus-hit economies would be delivered.
Published 29 May, 2020 12:05am
Sterling rises against weaker dollar
Money & Banking

Sterling rises against weaker dollar

The pound rose around half a percent against a weaker dollar on Thursday, but was little changed against the euro, as Brexit-related risks and speculation about negative interest rates continue to limit the pound's gains.
Published 29 May, 2020 12:05am
Asian forex: Most units hit by HK woes; won drops
Money & Banking

Asian forex: Most units hit by HK woes; won drops

The South Korean won weakened on Thursday after the central bank cut its policy rate to a record low and downgraded 2020 growth forecast, while most other Asian currencies also slipped as Sino-US tensions over Hong Kong escalated.
Published 29 May, 2020 12:05am
FTSE 100 up as AstraZeneca, GSK climb
Stocks

FTSE 100 up as AstraZeneca, GSK climb

UK shares ended higher on Thursday, helped by drugmakers AstraZeneca and GSK as markets looked for more progress in the development of a COVID-19 vaccine, while optimism over the reopening of the economy persisted.
Published 29 May, 2020 12:05am
SE Asian markets gain
Stocks

SE Asian markets gain

Most Southeast Asian markets ended higher on Thursday, led by Indonesia, as optimism over economies reopening from coronavirus-induced lockdowns overshadowed concerns about flaring Sino-US tensions over Hong Kong.
Published 29 May, 2020 12:05am
Dubai, Abu Dhabi fall
Stocks

Dubai, Abu Dhabi fall

Stock markets in Dubai and Abu Dhabi retreated on Thursday, while other major Middle Eastern bourses, including Saudi Arabia, were closed for the Eidul-Fitr holiday.
Published 29 May, 2020 12:05am
Wall Street rises; bank stocks jump
Stocks

Wall Street rises; bank stocks jump

US stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.
Published 29 May, 2020 12:05am
Thursday's early trade: S&P 500 drifts higher
Stocks

Thursday's early trade: S&P 500 drifts higher

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors hoped for a swift economic recovery from a coronavirus-driven economic slump.
Published 29 May, 2020 12:05am
European stocks rise
Stocks

European stocks rise

European shares rose for a fourth straight session on Thursday, as optimism over businesses returning to work and stimulus for the battered euro zone economy outweighed rising US-China tensions.
Published 29 May, 2020 12:05am
Nikkei vaults past 200-day average
Stocks

Nikkei vaults past 200-day average

Japan's Nikkei share average jumped on Thursday, vaulting above a key technical resistance of its 200-day moving average, on hopes of a quick economic normalisation, with investors snatching up deeply discounted stocks such as financials.
Published 29 May, 2020 12:05am
China stocks surge
Stocks

China stocks surge

China shares ended firmer on Thursday as investors anticipated further policy support from the ongoing Chinese parliamentary meeting, but gains were curbed amid a standoff between Washington and Beijing over a new Hong Kong security law.
Published 29 May, 2020 12:05am
Australian shares up, New Zealand down
Stocks

Australian shares up, New Zealand down

Australian shares hit a two-and-a-half-month high on Thursday, with financial stocks powering the gains, after the country's central bank said the economic downturn due to the coronavirus crisis would likely be less severe than initially feared.
Published 29 May, 2020 12:05am
US corn futures edge higher
Commodities

US corn futures edge higher

US corn futures edged higher on Wednesday as rainy conditions around the Midwest slowed the brisk pace of planting, but gains were capped by continued concerns about soft demand and ample supplies of the grain.
Published 29 May, 2020 12:05am
Germany's second largest sugar refiner cuts losses
Commodities

Germany's second largest sugar refiner cuts losses

Germany's second largest sugar refiner Nordzucker reported reduced losses on Wednesday and said it hopes to return to profit in its new financial year as easing coronavirus lockdowns stabilise sugar prices and demand.
Published 29 May, 2020 12:05am
CBOT soyabean futures hit two-week high
Commodities

CBOT soyabean futures hit two-week high

US soyabean futures scaled to a two-week peak on Wednesday on slower-than-expected US plantings and forecasts for more rain in some parts of the Midwest and a longer term dry spell in others.
Published 29 May, 2020 12:05am
Euronext wheat falls to one week low
Commodities

Euronext wheat falls to one week low

Euronext wheat touched one week low on Wednesday as widespread rain expected in Black Sea exporting countries Russia and Ukraine eased concerns about dry weather damage to wheat crops.
Published 29 May, 2020 12:05am
Activities of Karachi Port
Business & Economy

Activities of Karachi Port

The Karachi Port handled 48,298 tonnes of cargo comprising 32,938 tonnes of import cargo and 15,360 tonnes of export cargo including 1,970 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 29 May, 2020 12:05am
Canadian canola futures fall
Commodities

Canadian canola futures fall

ICE Canadian canola futures dipped on Wednesday, giving up gains after a Canadian judge ruled against a Chinese executive held in an extradition case.
Published 29 May, 2020 12:05am
Key Brazil port resumes loading of grains
Commodities

Key Brazil port resumes loading of grains

Loading of grains and other products at the port of Paranaguá, Brazil's second largest, resumed normally on Wednesday after a case of COVID-19 paralyzed work in berth 214 for about 24 hours, according to the port authority.
Published 29 May, 2020 12:05am
Ex-cricketers Bradburn, Saqlain get important roles in PCB
Cricket

Ex-cricketers Bradburn, Saqlain get important roles in PCB

The Pakistan Cricket Board (PCB) Thursday announced the appointments of Grant Bradburn as Head of High Performance Coaching and Saqlain Mushtaq as Head of International Player Development as part of the prestigious High Performance Centre's restructuring.
Published 29 May, 2020 12:05am
Wheat flour prices sky-rocketing
Commodities

Wheat flour prices sky-rocketing

Wheat flour price has suddenly jumped by Rs220 per 20 kg bag from Rs760 per bag ex-mill price to Rs980 per bag, traders told Business Recorder here on Thursday.
Published 29 May, 2020 12:05am
Pakistan restored balance of power in region on May 28, 1998: ISPR

Pakistan restored balance of power in region on May 28, 1998: ISPR

Paying rich tribute to the scientists and engineers who transformed Pakistan into a nuclear state, Director General of Inter-Services Public Relations (ISPR) Major Gen Babar Iftikhar said that the country had restored balance of power in the region on May
Published 29 May, 2020 12:05am
APTOF demands relaxation in taxes, other charges

APTOF demands relaxation in taxes, other charges

All Pakistan Transport Owners Federation (APTOF) has asked the federal and provincial governments to announce relaxation in taxes and other charges imposed on transport sector to save the sector from unemployment.
Published 29 May, 2020 12:05am
Shibli terms Shehbaz 'daddy of sugar mafia'

Shibli terms Shehbaz 'daddy of sugar mafia'

Dubbing Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif "daddy" of sugar mafia, Minister for Information and Broadcasting Shibli Faraz on Thursday said that the government would take the case to its logical end at all costs.
Published 29 May, 2020 12:05am
After silence, Trump marks 100,000 virus deaths in US

After silence, Trump marks 100,000 virus deaths in US

President Donald Trump on Thursday marked the "sad milestone" of 100,000 coronavirus deaths in the United States, after his earlier silence prompted criticism that he was failing in his duty to console victims and their loved ones.
Published 29 May, 2020 12:05am
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