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May 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Exchange

Pakistan''s foreign exchange reserves cross $21 billion mark
Exchange

Pakistan''s foreign exchange reserves cross $21 billion mark

The country''s total liquid foreign exchange reserves stood at $21.074 billion at the end of last week. According to SBP, weekly foreign exchange reserve report issued on Thursday, during the week ending December 25, 2015, SBP''s liquid forex reserves inc
Published 01 Jan, 2016 12:00am
KSA minister meets CoAS
Exchange

KSA minister meets CoAS

Muhammad Bin Abdullah Al-Ayish, Assistant Defence Minister for Military Affairs, Kingdom of Saudi Arabia visited General Headquarters on Thursday and called on Chief of Army Staff General Raheel Sharif. During the meeting, matters related to regional secu
Published 01 Jan, 2016 12:00am
KSA minister meets CoAS
Exchange

KSA minister meets CoAS

Muhammad Bin Abdullah Al-Ayish, Assistant Defence Minister for Military Affairs, Kingdom of Saudi Arabia visited General Headquarters on Thursday and called on Chief of Army Staff General Raheel Sharif. During the meeting, matters related to regional secu
Published 01 Jan, 2016 12:00am
Addiction to amnesty schemes!
Currency

Addiction to amnesty schemes!

Since 1980s, amongst many segments of society, the one that really created hassle for the tax departments (both federal and provincial), is that of tax-defiant traders. Though their contribution in total tax revenue is negligible (0.5 percent in income ta
Published 01 Jan, 2016 12:00am
Apple and Amazon deliver rally on Wall Street
Exchange

Apple and Amazon deliver rally on Wall Street

Wall Street rose sharply on Tuesday, elevating the S&P 500 to a modest gain for the year as Amazon and Apple led tech stocks higher. All 10 major S&P sectors ended with gains, led by a 1.34-percent rise in the technology sector, its strongest performance
Published 31 Dec, 2015 12:00am
South African stocks close down
Exchange

South African stocks close down

South African stocks extended losses for a third straight day, weighed down by the gold and financial sectors. That tracked a decline by global equities as commodity markets weakened. South Africa's rand weakened more than one percent in thin trade on Wed
Published 31 Dec, 2015 12:00am
Petrochemicals pull Saudi down; Egypt breaks resistance
Exchange

Petrochemicals pull Saudi down; Egypt breaks resistance

Petrochemical stocks pulled Saudi Arabia's main equity index down on Wednesday in the wake of gas feedstock price rises in the 2016 state budget, while Egypt's market rose in a broad-based rally, breaking technical resistance. The Saudi index, which had d
Published 31 Dec, 2015 12:00am
China suspends forex business for some foreign banks
Currency

China suspends forex business for some foreign banks

China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday. Included among the suspended services are l
Published 31 Dec, 2015 12:00am
US natural gas jumps nine percent on colder weather
Exchange

US natural gas jumps nine percent on colder weather

US natural gas prices surged more than 9 percent on Monday, the largest one-day gain in two months, as forecasts for colder temperatures led to bets that long-delayed winter weather was finally arriving. Gas futures on New York Mercantile Exchange rallied
Published 31 Dec, 2015 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,229 million. The number of lots traded was 16.62 million. PMEX Commodity Index closed at 2,534. Major business was contributed by gold amounting to PKR 2,912 million followed by cr
Published 31 Dec, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

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 31 Dec, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

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 31 Dec, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (December 30, 2015).

Published 31 Dec, 2015 12:00am