ISLAMABAD, Mar 30 (APP): The invoices verified by customers, who shopped from outlets integrated with Federal Board of Revenue’s (FBR) Point of Sale (POS) system, have increased by 62.7 percent during the month of February 2022 as compared to last month (January). During the month of February about 249,000 invoices were verified by customers who… Continue reading POS invoice verification expands by 62.7 pc in February
Category: Business
Business news from Pakistan
EXCHANGE RATES FOR CURRENCY NOTES
KARACHI, Mar 30 (APP):(30-03-22) CURRENCY SELLING BUYINGUSD 185.94 181.76GBP 243.71 238.22EUR 206.72 202.07 JPY 1.5264 1.4920SAR 49.61 48.38AED 50.64 49.81 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.44943LIBOR 3M 0.99629LIBOR 6M 1.49271 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 183.47 183.30 182.94 182.20 181.79 181.12… Continue reading EXCHANGE RATES FOR CURRENCY NOTES
Currency rates of NBP
KARACHI, Mar 30 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 185.94 181.76GBP 243.71 238.22EUR 206.72 202.07 JPY 1.5264 1.4920SAR 49.61 48.38AED 50.64 49.81
NBP Exchange Rates
KARACHI, Mar 30 (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 184.10 183.60EURO EUR 204.68 204.12 JAPANESE YEN JPY 1.5113 1.5072BRITISH POUND GBP 241.30 240.64SWISS FRANC CHF 198.31 197.77 CANADIAN DOLLAR CAD 147.40 147.00AUSTRALIAN DOLAR AUD 138.52 138.14SWEDISH KRONA… Continue reading NBP Exchange Rates
ICCI for creating conducive environment, political stability to avert growing economic risks
ICCI for creating conducive environment, political stability to avert growing economic risks
Tarin assures KP Finance Minister of full support
ISLAMABAD, Mar 29 (APP): Federal Minister for Finance and Revenue Shaukat Tarin here on Tuesday appreciated the efforts of Khyber Pakhtunkhwa Finance Minister, Taimur Saleem Khan Jhagra and assured him of full support and cooperation of the federal government. He made the assurance during a meeting with the Khyber Pakhtunkhwa at the Finance Division, according… Continue reading Tarin assures KP Finance Minister of full support
PSX continues with bullish trend, gains 505 points
A total of 268,911,323 shares were traded during the day compared to the trade of 132,635,884 shares the previous day whereas the price of shares stood at Rs7.174 billion against Rs4.802 billion on last trading day. As many as 363 companies transacted shares in the stock market, 247 of them recorded gain and 87 sustained… Continue reading PSX continues with bullish trend, gains 505 points
Nearly 900 mln 5G connections in China by 2025: GSMA
ISLAMABAD, Mar 29 (APP): The number of 5G connections in China is expected to reach 892 million by the end of 2025, according to a recent analysis by GSMA, an international association of mobile operators. This figure is higher than GSMA’s forecast around half a year ago at the World Internet Conference Wuzhen Summit, despite… Continue reading Nearly 900 mln 5G connections in China by 2025: GSMA
Kerb currency market
KARACHI, Mar 29 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Tuesday. F.C. LOW RATE HIGH RATEU.S $ (Inter Bank) 182.30 182.40U.S $ (Cash Free Market) 182.20 182.70 SAUDIA RIYAL 48.00 48.50UAE DIRHAM 49.70 50.20EURO 198.00 200.00 UK POUND 236.00 238.00JAPANI YEN… Continue reading Kerb currency market
Fish and meat valuing $583.067 million exported in 08 months
ISLAMABAD, Mar 29 (APP): Over 100,129 metric tons of fish, fish preparation, 50,414 metric tons of meat and meat products exported during first 08 months of current financial year as compared the exports of the corresponding period of last year. During the period from July-February, 2021-22, the exports of fish and fish products grew by… Continue reading Fish and meat valuing $583.067 million exported in 08 months
Rs1,387.86 mln released for 17 aviation sector projects in 8 months
ISLAMABAD, Mar 29 (APP): The government has so far released funds amounting to Rs1,387.86 million, under the Public Sector Development Programme (PSDP 2021-22) against total allocation of Rs3,558.20 million to advance 17 different projects and schemes to ensure improved services in the aviation sector. Out of the total disbursement of Rs 1,387.86 million, around Rs677.70… Continue reading Rs1,387.86 mln released for 17 aviation sector projects in 8 months
Exports to maintain upward trend in March: Finance Ministry
ISLAMABAD, Mar 29 (APP):The exports from the country during the month of March 2022 are expected to continue their upward trend, backed by the export-oriented policies that have been implemented in the recent past, finance ministry said in a report. The trade data for the month of March would be released by the Pakistan Bureau… Continue reading Exports to maintain upward trend in March: Finance Ministry
China to open Khunjrab Border on April 01: Razak Dawood
ISLAMABAD, Mar 29 (APP):Advisor to Prime Minister on Commerce, Abdul Razak Dawood Tuesday said that China would open the Khunjrab Border on April 01, 2022 to boost bilateral trade volume. “We are pleased to share that China is opening the Khunjrab Border on 1 April 2022,” the Advisor informed on his official twitter handle. He… Continue reading China to open Khunjrab Border on April 01: Razak Dawood
Currency rates of NBP
KARACHI, Mar 29 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday. CURRENCY SELLING BUYINGUSD 184.48 180.33GBP 241.70 236.23EUR 202.80 198.60 JPY 1.4958 1.4621SAR 49.23 48.01AED 50.24 49.42
EXCHANGE RATES FOR CURRENCY NOTES
KARACHI, Mar 29 (APP):CURRENCY SELLING & BUYING USD 184.48 180.33GBP 241.70 236.23EUR 202.80 198.60 JPY 1.4958 1.4621SAR 49.23 48.01AED 50.24 49.42 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.44514LIBOR 3M 0.98286LIBOR 6M 1.45114 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 182.03 181.87 181.52 180.79 180.40… Continue reading EXCHANGE RATES FOR CURRENCY NOTES
NBP Exchange Rates
KARACHI, Mar 29 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 182.65 182.15EURO EUR 201.16 200.61 JAPANESE YEN JPY 1.4810 1.4769BRITISH POUND GBP 239.31 238.65SWISS FRANC CHF 195.81 195.27 CANADIAN DOLLAR CAD 145.96 145.56AUSTRALIAN DOLAR AUD 136.74 136.36SWEDISH KRONA… Continue reading NBP Exchange Rates
Foreign exchange rates
KARACHI, Mar 29 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Tuesday. CONVERSION RATES FOR 29TH MARCH 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MARCH 31, 2022 USD 182.1651 GBP 239.5289 EUR 199.5254 JPY 1.4713
Govt complete 19 reforms under ADBs, Program
ISLAMABAD, Mar 28 (APP):Federal Minister for Economic Affairs, Omar Ayub Khan on Monday said the government has successfully completed 19 reforms under Pakistan and Asian Development Bank’s (ADBs) Capital Market Development Program. According to the press release, the federal Minister for Economic Affairs, Omar Ayub Khan witnessed the signing ceremony of Capital Market Development Program… Continue reading Govt complete 19 reforms under ADBs, Program
Tarin appreciates provincial govts for rate discount on essential commodities
ISLAMABAD, Mar 28 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin here on Monday appreciated the efforts of the governments of Punjab, Khyber Pakhtunkhwa, Balochistan and Islamabad administration in providing essential items at discounted rates at Sasta and Sahulat bazaars. Presiding over the meeting of National Price Monitoring Committee (NPMC), the minister also expressed… Continue reading Tarin appreciates provincial govts for rate discount on essential commodities
Kerb currency market
KARACHI, Mar 28 (APP):Following were the Opening Rates of Foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATEU.S $ (Inter Bank) 182.15 182.30U.S $ (Cash Free Market) 182.20 182.70 SAUDIA RIYAL 48.00 48.50UAE DIRHAM 49.80 50.30EURO 197.00 199.00 UK POUND 236.50 239.00JAPANI YEN… Continue reading Kerb currency market