Business News

Closing rates of Karachi Stock Exchange

  • KARACHI, Feb 08 (APP): The following were the closing rates of shares at the Karachi Stock Exchange (KSE) issued here on Monday. AUTOMOBILE ASSEMBLER: AL-Ghazi Trac. XD 404.71 Atlas Honda Ltd 380 Dewan Motors 8.09 Ghand Nissan 176.42 Ghandhara Ind. 408.34 Ghani Automobile 7.59 Hinopak Motor 1150.53 Honda Atlas Cars 273.71 Indus Motor Co 1060 […]

  • Kerb currency market

    KARACHI, Feb. 08 (APP): Following were the Closing rates of foreign currencies in kerb market, issued by the Forex Association of Pakistan (FAP) here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.19 104.24 U.S $ (Cash Free Market) 105.50 105.70 SAUDIA RIYAL 27.70 28.00 UAE DIRHAM 28.55 28.85 EURO 116.00 117.00 […]

  • Oil down, Japan stocks pare losses as dollar strengthens

    HONG KONG, Feb 8, (APP/AFP): Oil prices ticked lower in Asia while Japanese stocks pared early losses as the dollar strengthened in thin trade Monday, with most markets across the region closed for the Chinese New Year holiday. A report Friday showing the US jobless rate had fallen to an eight-year low and wage growth […]

  • Foreign Currency Account Scheme

    KARACHI, Feb 8 (APP): The Foreign Exchange Rates Committee of Financial Markets Assocaition of Pakistan issued the following Base Rate, here on Monday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY ETHERIZED DEALERS R A T E S U.S. DOLLARS VALUE 08-02-16 For 3 months and over but less than […]

  • Dollar gains as US jobs report keeps alive rate hike hopes

    TOKYO, Feb 8, (APP/AFP): The dollar extended its gains Monday as a closely watched US jobs report fanned speculation that the Federal Reserve may hike interest rates as early as next month. Financial market turmoil and worries about global growth have been weighing on expectations for more rate hikes this year. But Friday’s upbeat employment […]

  • Foreign exchange rates

    KARACHI, Feb 8 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. 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 0.8649 08.02.16 CONVERSION RATES FOR FEB 08TH […]