Business News

Foreign Currency Account Scheme

  • KARACHI, (MILLAT+APP): The Foreign Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Base Rate, here on Friday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY AUTHORISED DEALERS R A T E S U.S. DOLLARS VALUE 25-11-16 For 3 months and over but less than 6 months […]

  • Spot rates of cotton (Crop 2016-2017)

    KARACHI, (MILLAT+APP): Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,150 135 6,285 Equivalent 40 kgs 6,591 145 6,736

  • Market rates of bullion in Lahore

    LAHORE, (MILLAT+APP)-Following bullion rates were received from markets here on Thursday 2016: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT——42438.00 GOLD 22 CT————-38902.00 GOLD 21 CT————-37134.00 SILVER TEZABI————638.70 SILVER THOBI————-600.00

  • Dollar hits record high against Indian rupee

    MUMBAI, (MILLAT+APP/AFP) – The US dollar hit a record high against the Indian rupee Thursday as the greenback surges on expectations of a rate hike next month following Donald Trump’s shock presidential election victory. The US currency bought 68.8625 rupees during early afternoon forex trading, surpassing the previous high of 68.8450 recorded in August 2013.

  • Tokyo stocks close up on weak yen

    TOKYO, (MILLAT+APP/AFP) – Tokyo stocks closed higher Thursday with exporters buoyed by a sharp drop in the yen, following a record close on Wall Street. Tokyo’s benchmark Nikkei 225 index added 0.94 percent, or 170.47 points, to close at 18,333.41, while the broader Topix index of all first-section issues gained 0.86 percent, or 12.46 points, […]

  • NBP Exchange Rates

    KARACHI, (MILLAT+APP): Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.60 104.40 104.19 U.K. 130.05 129.80 129.53 EURO 110.16 109.95 109.73 CANADA 77.40 77.25 77.05 SWITZERLAND 102.70 102.50 102.23 AUSTRALIA 77.10 76.95 76.75 SWEDEN 11.25 11.23 11.20 […]