KARACHI, Jul 28 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Wednesday. FOREIGN CURRENCY ACCOUNTS SCHEME BBA BID MAXIMUM RATES RATES FOR PAYMENT OF WITH INTEREST BY VALUE DATE AUTHORIZED DEALERS U.S. DOLLARS VALUE 28-07-21 For 3 months and over but less than 6 months… Continue reading Foreign Currency Account Scheme
Category: Business
Business news from Pakistan
Foreign exchange rates
KARACHI, Jul 28 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. 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 0.1573 28.07.2021 CONVERSION RATES FOR 28TH JULY 2021… Continue reading Foreign exchange rates
China not ban any rice exports from Pakistan: MoC
ISLAMABAD, Jul 27 (APP):The Ministry of Commerce on Tuesday clarified that China had not banned rice exports from Pakistan. The ministry issued clarification on the issue appearing in the media relating to the alleged export ban by China on Pakistani rice as reported by some media channels. The issue discussed during a meeting of the… Continue reading China not ban any rice exports from Pakistan: MoC
PSX gains 14 points to close at 47,686 points
ISLAMABAD, Jul 27 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) gained 14.31 points on Tuesday, with a positive change of 0.15 percent, closing at 47,686.99 points against 47,672.68 points on the last working day. A total of 432,626,166 shares were traded during the day compared to the trade of 450,242,762 shares the… Continue reading PSX gains 14 points to close at 47,686 points
FBR notifies committee for integration of businesses
ISLAMABAD, Jul 27 (APP): In order to rapidly increase tax revenues by adding new taxpayers via extensive and innovative use of technology, the Federal Board of Revenue (FBR) Tuesday issued a notification for the constitution of a Committee for Integration of Businesses, which had been formed by Federal Minister for Finance and Revenue. According to… Continue reading FBR notifies committee for integration of businesses
Country’s youth literacy stands at 72 per cent: PSLM Survey
ISLAMABAD, Jul 27 (APP): The country’s youth literacy remained at 72 per cent at national level, proportionately higher in urban areas with 84 per cent than in rural areas with 65 per cent, according to Pakistan Social and Living Standards Measurement Survey (PSLM-2019-20) conducted by Pakistan Bureau of Statistics. The country’s Youth Literacy is calculated… Continue reading Country’s youth literacy stands at 72 per cent: PSLM Survey
Highest PSDP spending in FY20-21 since 2011-12: Asad Umar
Minister for Planning, Development and Special Initiatives Asad Umar Tuesday said the total spending under Public Sector Development Programme (PSDP) in the year 2020-21 exceeded the target set for the corresponding year by Rs 9 billion to Rs 659 billion. “Total PSDP spending in 2020-21 was Rs 659 billion vs a target of target of… Continue reading Highest PSDP spending in FY20-21 since 2011-12: Asad Umar
NBP Exchange Rates
KARACHI, Jul 27 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 161.00 160.50 EURO EUR 190.38 189.79 JAPANESE YEN JPY 1.4611 1.4565 BRITISH POUND GBP 222.61 221.91 SWISS FRANC CHF 175.82 175.28 CANADIAN DOLLAR CAD 128.34 127.94 AUSTRALIAN… Continue reading NBP Exchange Rates
Foreign Currency Account Scheme
KARACHI, Jul 27 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Tuesday. FOREIGN CURRENCY ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE DATE AUTHORIZED DEALERS U.S. DOLLARS VALUE 27-07-21 For 3 months and over but… Continue reading Foreign Currency Account Scheme
Foreign exchange rates
KARACHI, Jul 27 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. 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 0.1585 27.07.2021 CONVERSION RATES FOR 27TH JULY 2021… Continue reading Foreign exchange rates
Asad reviews status of KCR, Railway Freight Corridor
ISLAMABAD, Jul 26 (APP):Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting on Monday to review the status of preparation and processing of Karachi Circular Railway (KCR) and Railways Freight Corridor projects. In the meeting, important issues related to the freight corridor were discussed and review, said a press release issued… Continue reading Asad reviews status of KCR, Railway Freight Corridor
Govt disburses Rs133.664 bn for social sector uplift projects
ISLAMABAD, Jul 26 (APP):Federal Government has released Rs.133.664 billion out of total allocation of Rs 900 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme (PSDP) 2021-22. The released funds include Rs. 98.98 billion for federal ministries, Rs.21.58 billion for corporations, and Rs.13.1 billion for special… Continue reading Govt disburses Rs133.664 bn for social sector uplift projects
Gold imports fall by 22.79% to $8.97 million in FY21
ISLAMABAD, Jul 26 (APP):The gold imports decreased by 22.79 percent during the fiscal year 2020-21 as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The gold imports during July-June (2020-21) were recorded at $8.977 million as compared to the imports of $11.627 million during July-May (2019-20), according to the… Continue reading Gold imports fall by 22.79% to $8.97 million in FY21
EXCHANGE RATES FOR CURRENCY NOTES
KARACHI, Jul 26 (APP): CURRENCY SELLING BUYING USD 164.48 160.73 GBP 226.14 220.95 EUR 193.71 189.61 JPY 1.4905 1.4564 SAR 43.86 42.84 AED 44.79 44.04 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 0.08613 LIBOR 3M 0.12888 LIBOR 6M 0.15850 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/ 15 DAYS 1M 2M 3M… Continue reading EXCHANGE RATES FOR CURRENCY NOTES
NBP Exchange Rates
KARACHI, Jul 26 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 162.85 162.35 EURO EUR 192.11 191.53 JAPANESE YEN JPY 1.4758 1.4712 BRITISH POUND GBP 223.90 223.21 SWISS FRANC CHF 177.25 176.70 CANADIAN DOLLAR CAD 129.43 129.03 AUSTRALIAN… Continue reading NBP Exchange Rates
Foreign Currency Account Scheme
KARACHI, Jul 26 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Monday. FOREIGN CURRENCY ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE DATE AUTHORIZED DEALERS U.S. DOLLARS VALUE 26-07-21 For 3 months and over but… Continue reading Foreign Currency Account Scheme
Foreign exchange rates
KARACHI, Jul 26 (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 0.1573 26.07.2021 CONVERSION RATES FOR 26TH JULY 2021… Continue reading Foreign exchange rates
USA, UK, China top three destinations of Pakistani exports during FY 2020-21: SBP
ISLAMABAD, Jul 25 (APP):The United States of America (USA) remained the top export destinations of the Pakistani products during the fiscal year (2020-21), followed by United Kingdom (UK) and China. The total exports to the USA during July-June (2020-21) were recorded at US $ 5029.400 million against the exports of US $ 3915.226 million during… Continue reading USA, UK, China top three destinations of Pakistani exports during FY 2020-21: SBP
Pakistan’s earns US $1908 million from IT services’ export in 11 months
ISLAMABAD, Jul 25 (APP):Pakistan earned US $1908.125 million by providing different information technology (IT) services in various countries during the first eleven months of fiscal year 2020-21. This shows growth of 47.13 percent when compared to US $1296.930 million earned through provision of services during the corresponding period of fiscal year 2019-20, Pakistan Bureau of… Continue reading Pakistan’s earns US $1908 million from IT services’ export in 11 months
Seafood exports increase by 1.85% in FY21
ISLAMABAD, Jul 23 (APP):The exports of fish and fish preparations increased by 1.85 per cent during the fiscal year 2020-21 as compared to the corresponding period of last year. The seafood exports during July-June (2020-21) were recorded at $414.193 million against the exports of $406.654 million in July-June (2019-20), showing growth of around 1.85 per… Continue reading Seafood exports increase by 1.85% in FY21
- Rupee bounces back; gains 13 paisa against dollar
- Electioneering to end tonight ahead of by-election in 21 constituencies
- British army chief lauds Pakistan Army’s professionalism, expertise
- Kashmiri leader calls on UN to prioritize resolution of decades-old conflict
- Weekly inflation falls by 0.79 percent
