Tag: USD

Khurram inaugurates 100 MW solar power project in Layyah

MULTAN, Dec 07 (APP): Federal Minister for Energy (Power Division) Khurram Dastgir Khan on Wednesday said that 100 Megawatt ‘Zhenfa Solar Power Project’ was launched in south Punjab to increase the production of affordable and environment-friendly electricity. The per unit price of the electricity generated by the project will be Rs 9 and the project… Continue reading Khurram inaugurates 100 MW solar power project in Layyah

Guangzhe Chen calls on Ayaz Sadiq

ISLAMABAD, Nov 7 (APP):The World Bank’s South Asia Regional Director for Infrastructure, Guangzhe Chen Monday calls on the Federal Minister for Economic Affairs, Sardar Ayaz Sadiq to discussed matters of mutual interest. Minister for Economic Affairs welcomed the Regional Director World Bank to the Ministry and appreciated the World Bank’s continuous support for Economic Development… Continue reading Guangzhe Chen calls on Ayaz Sadiq

Fertilizer industry to enable over USD 5.3 billion import substitution

ISLAMABAD, Apr 20 (APP):The local fertilizer Industry is providing urea at around 84 percent discount, equivalent to Rs 9,823 per bag and is expected to enable import substitution of USD 5.3 billion in 2022. Discussing the latest business results and future outlook in first quarter analyst briefing, Imran Ahmed – Chief Financial Officer of Engro… Continue reading Fertilizer industry to enable over USD 5.3 billion import substitution

Japan announces US$ 3.45 mln grant support effective border control, migration management

ISLAMABAD, Feb 16 (APP):The International Organization for Migration (IOM) and the Embassy of Japan here on Wednesday held a signing ceremony of Exchange of Notes for a USD 3.45 million grant project aimed at strengthening the operational capacities of border management authorities to contribute towards comprehensive migration management in Pakistan. The event was attended by… Continue reading Japan announces US$ 3.45 mln grant support effective border control, migration management

HBL becomes first bank to invest in digital fintech startup

ISLAMABAD, May 27 (APP): The Habib Bank Limited (HBL) has become the first bank in Pakistan to invest in a digital fintech startup with its Rs176 million (USD 1.15 Million) participation in the last tranche of Finja’s Rs1.56 billion ($10.15 million) series A1 round. HBL joins an impressive list of leading global fintech funds that… Continue reading HBL becomes first bank to invest in digital fintech startup

Foreign exchange rates

KARACHI, May 18 (APP):: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 0.1876 18.05.2021 CONVERSION RATES FOR 18TH May… Continue reading Foreign exchange rates

NBP Rates

KARACHI, Mar 22 (APP):(22 03 21) EXCHANGE RATES FOR CURRENCY NOTES CURRENCY SELLING BUYING USD 157.96 154.34 GBP 218.67 213.64 EUR 187.93 184.07 JPY 1.4523 1.4189 SAR 42.12 41.14 AED 43.03 41.01 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 0.10838 LIBOR 3M 0.19688 LIBOR 6M 0.20238 US DOLLAR Indicative FBP Rates… Continue reading NBP Rates

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