PSX turns around, gains 35 points to close at 42,898 points

ISLAMABAD, MAY 12 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Thursday and witnessed bullish trend, gaining 35.29 points, with a slight positive change of 0.08 percent, closing at 42,898.44 points against 42,863.15 points on the last working day.  A total of 284,503,575 shares were traded during the day compared… Continue reading PSX turns around, gains 35 points to close at 42,898 points

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ADB indicates additional support of $2.5bln in upcoming fiscal year

ISLAMABAD, MAY 12 (APP): The Asian Development Bank (ADB) here on Thursday indicated to provide additional support of $ 2.5 billion to Pakistan for the next fiscal year, out of which $1.5-2 billion could be available in the ongoing calendar year, finance ministry said.  According to statement issued by finance ministry, Minister of State for… Continue reading ADB indicates additional support of $2.5bln in upcoming fiscal year

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Govt working on policy to enhance trade connectivity with Central Asia: Commerce Minister

Qamar ensures level playing field for export-oriented sectors, including textiles

ISLAMABAD, May 12 (APP):Federal Minister for Commerce, Syed Naveed Qamar said here that Ministry of Commerce was working on a policy to enhance trade and connectivity with Central Asia, through Afghanistan and Iran. The ministry has already taken several measures to materialize this policy, the minister said in a written reply to a question to… Continue reading Govt working on policy to enhance trade connectivity with Central Asia: Commerce Minister

Currency rates of NBP

KARACHI, May 12 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. CURRENCY SELLING BUYINGUSD 192.46 188.15GBP 235.39 230.10EUR 202.53 198.37 JPY 1.4824 1.4492SAR 51.37 50.10AED 52.40 51.57

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EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, May 12 (APP):(12-05-22) CURRENCY SELLING BUYINGUSD 192.46 188.15GBP 235.39 230.10EUR 202.53 198.37 JPY 1.4824 1.4492SAR 51.37 50.10AED 52.40 51.57 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.84314LIBOR 3M 1.39986LIBOR 6M 1.93200 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 189.72 189.39 188.44 187.38 186.58 185.55… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

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NBP Exchange Rates

KARACHI, May 12 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 190.55 190.05EURO EUR 200.91 200.38 JAPANESE YEN JPY 1.4677 1.4638BRITISH POUND GBP 233.06 232.45SWISS FRANC CHF 191.47 190.97 CANADIAN DOLLAR CAD 146.63 146.24AUSTRALIAN DOLAR AUD 131.93 131.59SWEDISH KRONA… Continue reading NBP Exchange Rates

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Foreign exchange rates

KARACHI, May 12 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Thursday. CONVERSION RATES FOR 12TH MAY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MAY 16, 2022 USD 189.9792 GBP 234.7763 EUR 200.7320 JPY 1.4630

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CDWP clears four projects worth Rs 136.74 bn

ISLAMABAD, May 11 (APP): The Central Development Working Party (CDWP) Wednesday cleared four development projects worth Rs 136.74 billion during its meeting held here under the chairmanship of Deputy Chairman Planning Commission Dr Mohammad Jehanzeb Khan. The meeting was attended by Additional Secretary, PD&SI, Secretary Ministry of Water Resources, Secretary Ministry of Health, Secretary Ministry… Continue reading CDWP clears four projects worth Rs 136.74 bn

First unit of Karot Hydropower project becomes operational

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ISLAMABAD, May 11 (APP):The Unit-1 of Karot Hydropower project with a capacity of producing 180 MW of electricity successfully started to run after the successful commissioning of the “wet test”. The Unit-1 with a rated capacity of 180 MW is continuously running on full load and is supplying the energy to the National Grid, said… Continue reading First unit of Karot Hydropower project becomes operational

Shipping Activity at Port Qasim

KARACHI, May 11 (APP):Five ships namely,Mild Bloom, Maersk Atlanta, Seamax Bridgeport, Al Bahiya and Kaisa carrying Palm oil, Containers, LNG and LPG, berthed at Liquid Cargo Terminal, Container Terminal, EngroElengy Terminal and SSGC LPG Terminal respectively on Tuesday. Meanwhile a bulk cargo carrier ‘Santander’carrying Coal also arrived at outer anchorage of the Port Qasim during… Continue reading Shipping Activity at Port Qasim

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Currency rates of NBP

KARACHI, May 11 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 191.04 186.76GBP 235.60 230.26EUR 201.32 197.18 JPY 1.4651 1.4322SAR 51.00 49.73AED 52.03 51.18

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EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, May 11 (APP):(11-05-22) CURRENCY SELLING & BUYING USD 191.04 186.76GBP 235.60 230.26EUR 201.32 197.18 JPY 1.4651 1.4322SAR 51.00 49.73AED 52.03 51.18 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.84443LIBOR 3M 1.39857LIBOR 6M 1.98014 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 188.33 188.00 187.08 186.04… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

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NBP Exchange Rates

KARACHI, May 11 (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 189.15 188.65EURO EUR 199.70 199.18 JAPANESE YEN JPY 1.4506 1.4467BRITISH POUND GBP 233.27 232.65SWISS FRANC CHF 190.02 189.52 CANADIAN DOLLAR CAD 145.41 145.03AUSTRALIAN DOLAR AUD 131.67 131.32SWEDISH KRONA… Continue reading NBP Exchange Rates

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