NBP Exchange Rates

KARACHI, Feb 27 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.20 138.70 138.42 U.K 184.33 183.67 183.29 EURO 158.37 157.81 157.48 CANADA 105.68 105.30 105.02 SWITZERLAND 139.13 138.63 138.27 AUSTRALIA 99.94 99.58 99.32 SWEDEN 14.98 14.92… Continue reading NBP Exchange Rates

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Indian stock market extends losses after IAF LoC violation

ISLAMABAD, Feb 26 (APP):After opening lower, the Indian stock markets – Sensex and Nifty – extended losses on Tuesday, following violation of Line of Control (LoC) by Indian Air Force (IAF), Business Today of India reported. According to the report, the Sensex plunged nearly 500 points in opening deals and Nifty slipped below the 10,740… Continue reading Indian stock market extends losses after IAF LoC violation

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SCCI for organizing annual industrial fairs at district level

ISLAMABAD, Feb 26 (APP):The SAARC Chamber of Commerce and Industry (SCCI), Senior Vice President Iftikhar Ali Malik Tuesday urged the local chambers and businessmen to organize annual industrial fairs at district levels to promote industrial production and attract local buyers. According to SCCI press release issued here, he expressed these views while talking to media… Continue reading SCCI for organizing annual industrial fairs at district level

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Saudi Investors invite PFC for deliberations on joint ventures

ISLAMABAD, Feb 26 (APP):Saudi investors, in the wake of recent visit to Pakistan as member of entourage of Crown Prince Muhammad bin Salman, have invited Pakistan Furniture Council (PFC) for further deliberations to enhance mutual cooperation and launch joint venture in furniture sector. According to a press release issued by the council here, PFC Chief… Continue reading Saudi Investors invite PFC for deliberations on joint ventures

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NBP Exchange Rates

KARACHI, Feb 26 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.00 138.50 138.22 U.K 182.62 181.96 181.59 EURO 157.92 157.36 157.03 CANADA 105.30 104.92 104.64 SWITZERLAND 139.02 138.52 138.16 AUSTRALIA 99.50 99.15 98.88 SWEDEN 14.92 14.87… Continue reading NBP Exchange Rates

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Finance Minister for early finalization of rules, procedures of PPPA

ISLAMABAD, Feb 25 (APP):Finance Minister Asad Umar Monday chaired a high level meeting to discuss matters pertaining to operationalization of Pakistan Infrastructure Bank (PIB) and Public – Private Partnership Authority (PPPA) and directed for early finalization of rules and procedures for operationlization of the authority. The minister said both these institutions aim to play a… Continue reading Finance Minister for early finalization of rules, procedures of PPPA

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Vanaspati manufacturers association calls on Razaak Dawood

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ISLAMABAD, Feb 25 (APP):A delegation of Pakistan Vanaspati Manufacturers Association called on the Prime Minister’s Adviser on Commerce, Textile, Industries and Production and Investment Abdul Razak Dawood here Monday and discussed matters of mutual interests. Different issues regarding duty Taxes on import of Soyabin Oil Compliance issues and DTRE facilities were discussed.The issue of harmonizing… Continue reading Vanaspati manufacturers association calls on Razaak Dawood

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NBP Exchange Rates

KARACHI, Feb 25 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 138.80 138.30 138.02 U.K 181.40 180.75 180.38 EURO 157.43 156.86 156.54 CANADA 105.65 105.27 104.99 SWITZERLAND 138.93 138.43 138.07 AUSTRALIA 99.17 98.81 98.55 SWEDEN 14.87 14.81… Continue reading NBP Exchange Rates

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Rs 2.156 b released for Finance Division projects

ISLAMABAD, Feb 24 (APP):The government has so far released Rs 2,156.118 million for various projects of the Finance Division under the Public Sector Development Programme (PSDP 2018-19) against the total allocation of Rs12,346.359 million. An amount of Rs 400 million has been released for necessary facilities of fresh water treatment, water supply and distribution in… Continue reading Rs 2.156 b released for Finance Division projects

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12th 5-years plan envisages 5.4% growth with outlay of Rs 11.75 trillion: Khsuro Bakhtyar

ISLAMABAD, Feb 22 (APP):Minister for Planning Development, and Reform Makhdum Khusro Bakhtyar has said that the 12th Five Year Plan envisaged an average growth of GDP at 5.4 percent and the expected outlay of the Plan would be Rs 11.750 trillion including Rs 1 trillion involving innovative financing through public-private partnership. He said the plan… Continue reading 12th 5-years plan envisages 5.4% growth with outlay of Rs 11.75 trillion: Khsuro Bakhtyar

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Privatization Commission realizes Rs 649 bln through its divestment operations

ISLAMABAD, Feb 22 (APP):The Senate Standing Committee on Privatization, was informed on Friday that the Privatization Commission had so far managed to generate revenues of Rs 649 billion through its divestment operations, while during last five years it earned Rs 176 billion by selling off five State Owned Entities (SOEs). The meeting which met here… Continue reading Privatization Commission realizes Rs 649 bln through its divestment operations

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IGATEX Pakistan to open on Feb 26 with exhibitors from over 30 countries

KARACHI, Feb 22 (APP):One of the largest, well established garment and textile machinery exhibitions in South Asia, the IGATEX Pakistan will be held at Karachi Expo Centre from February 26-28. According to an announcement here on Friday, it will be 12th edition of the mega expo with country pavilions from Turkey and China along with… Continue reading IGATEX Pakistan to open on Feb 26 with exhibitors from over 30 countries

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Current Account position shows decisive measures rescue economy: Asad Umar

ISLAMABAD, Feb 22 (APP):Finance Minister, Asad Umar said Friday that decisive actions by the government to rescue economy was showing visible positive results as indicated by the Current Account Balance position of the country. “Decisive actions taken by the government to rescue an economy inherited on the verge of default are showing visible positive results,”… Continue reading Current Account position shows decisive measures rescue economy: Asad Umar

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NBP Exchange Rates

KARACHI, Feb 22 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.00 138.50 138.22 U.K 181.19 180.53 180.16 EURO 157.61 157.04 156.72 CANADA 105.02 104.64 104.37 SWITZERLAND 138.84 138.34 137.98 AUSTRALIA 98.59 98.23 97.97 SWEDEN 14.84 14.79… Continue reading NBP Exchange Rates

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Commonwealth parliamentarians calls on Razak Dawood

ISLAMABAD, Feb 21 (APP):A delegation of the Commonwealth Parliamentary Association called on the Prime Minister’s Advisor on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood here on Thursday. The delegation visiting Pakistan to discuss common areas of cooperation in the Commonwealth countries. The delegation had strong representation from the British Parliamentarians. Both sides discussed… Continue reading Commonwealth parliamentarians calls on Razak Dawood

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Competitive bidding to be encouraged for future renewable energy projects: Makhdum Khusro

ISLAMABAD, Feb 21 (APP):Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar Thursday said that the government was committed to enhance share of renewable energy in the country’s energy mix and it would encourage competitive bidding for future renewable energy projects. Makhdum Khusro highlighted that the government was also working on a renewable energy policy… Continue reading Competitive bidding to be encouraged for future renewable energy projects: Makhdum Khusro

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CPEC next stage to focus on skill-based HR programme: Chinese envoy

ISLAMABAD, Feb 21 (APP):Ambassador of China in Pakistan Yao Jing Thursday said in next stage of China Pakistan Economic Corridor (CPEC), skill-based human resource programme would be the focal area for mutual cooperation between the two countries. He was addressing a conference titled “CPEC skill development challenges and way forward for an inclusive employment strategy”… Continue reading CPEC next stage to focus on skill-based HR programme: Chinese envoy

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Pakistan, Belgium sign MoU for cooperation in business, investment

ISLAMABAD, Feb 21 (APP):Pakistan and Belgium Thursday signed a Memorandum of Understanding (MoU) for enhanced bilateral cooperation in the areas business and investment. The historic MoU was signed between the Trade Development Authority of Pakistan (TDAP) and the trade and investment bodies of three regions of Belgium, namely the Flanders Investment and Trade; Wallonia Export… Continue reading Pakistan, Belgium sign MoU for cooperation in business, investment

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Irrational trade decision by India, not to affect Pakistan: Asad Umar

ISLAMABAD, Feb 21 (APP):Finance Minister, Asad Umar on Thursday said Pakistan would not be affected by trade-related Indian irrational and unwise decision and termed it counterproductive for India itself. Talking to media persons after addressing “Pakistan Leadership Conversation 2019” moot, organized by Association of Chartered Certified Accountants (ACCA) Pakistan, he said that it was an… Continue reading Irrational trade decision by India, not to affect Pakistan: Asad Umar

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NBP Exchange Rates

KARACHI, Feb 21 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 138.95 138.45 138.17 U.K 181.33 180.68 180.31 EURO 157.67 157.11 156.78 CANADA 105.56 105.18 104.90 SWITZERLAND 138.85 138.35 137.98 AUSTRALIA 99.59 99.23 98.97 SWEDEN 14.93 14.87… Continue reading NBP Exchange Rates

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