Business News

Foreign exchange rates

  • KARACHI, (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Friday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 0.9109 29.03.16 CONVERSION RATES FOR MAR 25TH 2016 FOR […]

  • Shipping Activity at Port Qasim

    KARACHI, (APP): Brisk Shipping activity was recorded at the Port where six ships C.V CMA CGM Otello, C.V Kim, M.V New Legend ruby, M.T Atlantic Glory, M.T Onaiza and M.T N. Mars, carrying containers, Project cargo, Chemicals. LNG and Diesel oil were allotted berths at Qasim International Container Terminal, Multi Purpose Terminal, Engro Elegy Terminal […]

  • Kerb currency market

    KARACHI, (APP)- Following were the Closing Rates of foreign currencies in kerb market, issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.75 104.80 U.S $ (Cash Free Market) 105.50 105.70 SAUDIA RIYAL 28.05 28.25 UAE DIRHAM 28.70 28.90 EURO 117.30 118.30 UK POUND […]

  • European stocks slide as oil slumps

    LONDON, (APP/AFP) – European stock markets slid on Thursday following losses across Asia and on Wall Street caused by a fresh slump in oil prices, analysts said. After recovering Wednesday as airline and travel stocks rebounded from sharp falls caused by the deadly Brussels attacks, markets headed south once more ahead of the Easter break […]

  • Spot rates of Cotton (Crop 2015-2016)

    KARACHI(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 5,250 135 5,385 Equivalent 40 kgs 5,626 145 5,771

  • Kerb currency market

    KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.75 104.80 U.S $ (Cash Free Market) 105.30 105.70 SAUDIA RIYAL 28.05 28.25 UAE DIRHAM 28.70 28.90 EURO 117.50 118.50 UK POUND […]