Currency rates of NBP

KARACHI, Apr 13 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 184.43 180.28GBP 239.85 234.41EUR 199.83 195.64 JPY 1.4684 1.4354SAR 49.24 48.01AED 50.22 49.40

NBP Exchange Rates

KARACHI, Apr 13 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 182.60 182.10EURO EUR 198.21 197.67 JAPANESE YEN JPY 1.4539 1.4499BRITISH POUND GBP 237.48 236.83SWISS FRANC CHF 195.78 195.24 CANADIAN DOLLAR CAD 144.63 144.23AUSTRALIAN DOLAR AUD 136.05 135.68SWEDISH KRONA… Continue reading NBP Exchange Rates

Miftah berates PTI government for damaging economy

ISLAMABAD, Apr 12 (APP): Senior Leader of Pakistan Muslim League Nawaz (PML-N) Miftah Ismail here on Tuesday lamented that the country’s economy was badly damaged during the tenure of Pakistan Tehreek-e-Insaf (PTI) which had piled the budget deficit to the level of Rs 6400 billion. Addressing a press conference along with other PML-N leaders Musaddiq… Continue reading Miftah berates PTI government for damaging economy

Eligibility requirements eased for investors of GEM Board Companies

KARACHI, Apr 12 (APP):Pakistan Stock Exchange (PSX), with the approval of the Securities and Exchange Commission of Pakistan, has significantly eased the requirements for eligibility of accredited individual investors investing in companies on the GEM Board. As per the new definition, accredited investors include those individual investors who have assets of atleast Rs 5 million… Continue reading Eligibility requirements eased for investors of GEM Board Companies

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PSX continues with bullish trend, gains 262 points to close at 46, 407 points

ISLAMABAD, Apr 12 (APP):The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 262.30 points, with a positive change of 0.57 percent, closing at 46,407.26 points against 46,144.96 points on the last working day. A total of 493,597,955 shares were traded during the day compared to the trade of… Continue reading PSX continues with bullish trend, gains 262 points to close at 46, 407 points

Eligibility requirements eased for investors of gem board companies

ISLAMABAD, Apr 12 (APP):Pakistan Stock Exchange (PSX), with the approval of the Securities and Exchange Commission of Pakistan, has significantly eased the requirements for eligibility of accredited individual investors investing in companies on the GEM Board. As per the new definition, accredited investors include those individual investors who have assets of at least Rs 5… Continue reading Eligibility requirements eased for investors of gem board companies

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Meezan Bank leads Rs. 1 bln syndicated Islamic finance Facility for 7 MW solar power project

ISLAMABAD, Apr 11 (APP):Meezan Bank, Pakistan’s leading Islamic bank and Burj Solar Energy Private Limited (BSEPL) has announced the financial close of Rs. 1 billion syndicated Islamic finance facility for BSEPL’s portfolio of renewable distributed power generation in Pakistan. The first tranche of Rs. 580 million will be used to finance the construction of 7… Continue reading Meezan Bank leads Rs. 1 bln syndicated Islamic finance Facility for 7 MW solar power project

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Rupee recovers Rs 1.76 against dollar

ISLAMABAD, Apr 11 (APP): Exchange rate of Pak rupee recovered by Rs1.76 against the US dollar in the interbank trading on Monday and closed at Rs182.92 against the previous day’s closing of Rs184.68. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at… Continue reading Rupee recovers Rs 1.76 against dollar

Call for more steps to increase Pak-Morocco trade

KARACHI, Apr 11 (APP): President FPCCI, Irfan Iqbal Sheikh has enhanced on business-to-business and chamber-to-chamber ties, along with more interaction between two governments for increasing bilateral trade of Pakistan and Morocco to the potential. Speaking at a meeting of Pakistan-Morocco Business Council here at the Federation House, he said that Federation of Pakistan Chambers of… Continue reading Call for more steps to increase Pak-Morocco trade

Bulls rule PSX as index gains 1,700 points to close at 46,144 points

ISLAMABAD, Apr 11 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 1,700.38 points, with a positive change of 3.83 percent, closing at 46,144.96 points against 44,444.58 points on the last working day. A total of 557,672,451 shares were traded during the day compared to the trade of… Continue reading Bulls rule PSX as index gains 1,700 points to close at 46,144 points

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Pakistan earns US $434 million by exporting transport services in 7 months

ISLAMABAD, Apr 11 (APP):Pakistan earned US $434.015 million by providing different transport services in various countries during the first seven months of financial year (2021-22) as compared to the corresponding period of last year. This shows growth of 23.32 percent as compared to $351.935 million earned through provision of services during the corresponding period of… Continue reading Pakistan earns US $434 million by exporting transport services in 7 months

Pakistan-China review progress on CPEC, SEZs

ISLAMABAD, Apr 8 (APP):Pakistan and China on Friday reviewed the progress of China Pakistan Economic Corridor (CPEC), Special Economic Zones (SEZs) and also discussed the future plan for the completion of these projects. Both sides evaluated the development of CPEC,SEZs, particularly Rashakai, Allama Iqbal, Dhabeji and Bostan SEZs and expressed satisfaction over the achievements so… Continue reading Pakistan-China review progress on CPEC, SEZs

Debt to GDP ratio falls to 72% in FY2021, 67% till Dec FY2022

ISLAMABAD, Apr 8 (APP):Public debt, as a percentage of Gross Domestic Product (GDP), decreased to 72 percent during the fiscal year 2021, from 76.6 percent in FY 2020, finance ministry said here Friday while rebutting an article published in a section of press. According to the latest published data, public debt to GDP is estimated… Continue reading Debt to GDP ratio falls to 72% in FY2021, 67% till Dec FY2022

PSX witnesses bullish trend, gains 657 points

ISLAMABAD, Apr 8 (APP):The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Friday and witnessed bullish trend, gaining 657.75 points, with a positive change of 1.50 percent, closing at 44,444.58 points against 43,786.83 points on the last working day. A total of 227,885,722 shares were traded during the day compared to the… Continue reading PSX witnesses bullish trend, gains 657 points

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NBP Exchange Rates

KARACHI, Apr 08 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Friday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 186.65 188.15EURO EUR 205.23 204.69 JAPANESE YEN JPY 1.5218 1.5178BRITISH POUND GBP 246.49 245.83SWISS FRANC CHF 201.80 201.27 CANADIAN DOLLAR CAD 149.89 149.49AUSTRALIAN DOLAR AUD 141.15 140.77SWEDISH KRONA… Continue reading NBP Exchange Rates

EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, Apr 08 (APP):CURRENCY SELLING/BUYING USD 190.54 186.27GBP 248.95 243.32EUR 206.90 202.64 JPY 1.5370 1.5025SAR 50.85 49.60AED 51.89 51.05 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.45143LIBOR 3M 0.98643LIBOR 6M 1.50171 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 188.00 187.85 187.19 186.31 185.77 184.97 184.13… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

Currency rates of NBP

KARACHI, Apr 08 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYINGUSD 190.54 186.27GBP 248.95 243.32EUR 206.90 202.64 JPY 1.5370 1.5025SAR 50.85 49.60AED 51.89 51.05

Indicators show economy performing well despite challenges

ISLAMABAD, Apr 7 (APP): As demonstrated by various indicators, the county’s economy has been performing well so far despite global economic shocks caused due to Covid-19 pandemic and disruption in supply chain, hence necessitating the need for stability at political front to continue the trend. The economic indicators including revenue collection, remittances, external trade, large-scale… Continue reading Indicators show economy performing well despite challenges

OICCI members spend Rs14.5 bn on CSR in 2020-21

KARACHI, Apr 07 (APP):The members of Overseas Investors Chamber of Commerce and Industry (OICCI) once again reaffirmed their commitment to uplift Pakistani society from all aspects and invested Rs 14.5 billion in different CSR and sustainable projects during 2020-21. THe OICCI statement issued here on Thursday said about 100 of the leading foreign investors and… Continue reading OICCI members spend Rs14.5 bn on CSR in 2020-21

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