Category: Business

Business news from Pakistan

Supernet limited first IT company enlisted on GEM board of PSX

ISLAMABAD, May 10 (APP):Since its inception in 2020, Pakistan Stock Exchange’s (PSX) Growth Enterprise Market (GEM) Board is progressively gaining traction and now proudly lists the third growth enterprise on the Stock Exchange, Supernet Limited (SL). The GEM Board is a listing platform created to facilitate growth enterprises, whether small, medium or greenfield businesses, for… Continue reading Supernet limited first IT company enlisted on GEM board of PSX

Currency rates of NBP

KARACHI, May 10 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday. CURRENCY SELLING BUYINGUSD 189.83 185.58GBP 234.62 229.31EUR 200.75 196.62 JPY 1.4573 1.4245SAR 50.67 49.41AED 51.70 50.86

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NBP Exchange Rates

KARACHI, May 10 (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 187.95 187.45EURO EUR 199.14 198.61 JAPANESE YEN JPY 1.4429 1.4390BRITISH POUND GBP 232.30 231.68SWISS FRANC CHF 189.53 189.02 CANADIAN DOLLAR CAD 144.53 144.14AUSTRALIAN DOLAR AUD 130.72 130.37SWEDISH KRONA… Continue reading NBP Exchange Rates

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EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, May 10 (APP):(10-05-22) CURRENCY SELLING BUYINGUSD 189.83 185.58GBP 234.62 229.31EUR 200.75 196.62 JPY 1.4573 1.4245SAR 50.67 49.41AED 51.70 50.86 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 0.84214LIBOR 3M 1.40186LIBOR 6M 1.96457 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 187.14 186.82 185.90 184.89 184.12 183.11… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

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Foreign exchange rates

KARACHI, May 10 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Tuesday. CONVERSION RATES FOR 10TH MAY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MAY 12, 2022 USD 187.4806 GBP 230.1324 EUR 196.9296 JPY 1.4291

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Minister promises to resolve tractor industry’s issues

LAHORE, May 09 (APP): Federal Minister for Industries and Production Syed Murtaza Mahmud Monday promised to discuss the issues being faced by the tractor industry with relevant ministries so as to resolve them at the earliest. He held a meeting with Millat Group Chairman Sikander Mustafa Khan, Chief Executive Officer Irfan Aqueel and senior directors… Continue reading Minister promises to resolve tractor industry’s issues

NBP Exchange Rates

KARACHI, May 09 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 186.10 186.60EURO EUR 197.00 195.47 JAPANESE YEN JPY 1.4286 1.4248BRITISH POUND GBP 229.92 229.30SWISS FRANC CHF 188.70 188.20 CANADIAN DOLLAR CAD 144.55 144.16AUSTRALIAN DOLAR AUD 131.12 130.77SWEDISH KRONA… Continue reading NBP Exchange Rates

Currency rates of NBP

KARACHI, May 09 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. CURRENCY SELLING BUYINGUSD 188.97 184.73GBP 232.22 226.99EUR 198.59 194.50 JPY 1.4429 1.4105SAR 50.39 49.23AED 51.46 50.62

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Foreign exchange rates

KARACHI, May 09 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday. CONVERSION RATES FOR 9TH MAY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MAY 11, 2022 USD 185.5783 GBP 229.7898 EUR 195.9632 JPY 1.4298

Chinese investors vows to enhance economic ties with Pakistan

ISLAMABAD, May 09 (APP):Chinese investors on Monday vowed to enhance the business and economic relations with Pakistan. Heads of over 30 Chinese companies were also present at the occasion which are working in Pakistan on different sectors like energy, communication, Railway and others, said a press release issued here. Federal Minister for Planning Development and… Continue reading Chinese investors vows to enhance economic ties with Pakistan

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Extension of waiver on import from Afghanistan in Pak rupee, constitution of committee welcomed

PESHAWAR, May 08 (APP):Vice President Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi has welcomed government’s decision of extending waiver on import from Afghanistan in Pak rupees till June 30 and constitution of committee for initiation of barter trade with neighbouring country. In a press statement issued here on Sunday, Zia-ul-Haq Sarhadi who… Continue reading Extension of waiver on import from Afghanistan in Pak rupee, constitution of committee welcomed

Govt to present pro-people, business-friendly budget: Miftah

ISLAMABAD, MAY 7 (APP): Federal Minister for Finance and Revenue, Miftah Ismail said Saturday that the government was aiming at inclusive and sustainable economic growth by presenting a pro-people and business friendly budget for the fiscal year 2022-23. During a meeting with a delegation of Federation of Pakistan Chamber of Commerce & Industry (FPCCI) led… Continue reading Govt to present pro-people, business-friendly budget: Miftah

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