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Currency rates in Pakistan - 03 June 2019

KARACHI (Dunya News) - Currency rates in open market in Pakistan according to international currencies as of 03 June 2019. The price of 1 USD to PKR buying is Rs148.20 and selling of US Dollar is Rs148.80. British Pound (GBP) to PKR buying is Rs188.00 and selling is Rs190.00. Euro to PKR buying is Rs167.00 and selling is Rs169.00. Saudi Riyal to ...

Dunya News 2019-06-03 4:15 pm

Currency Rate in Pakistan: US Dollar, UK Pound, Saudi Riyal, UAE Dirham - 03 June 2019

Following were the closing rates of US Dollar, Saudi Riyal, UK Pound, UAE Dirham and other foreign currencies in kerb market, according to the Forex Association of Pakistan on Monday, June 03, 2019.

The News International 2019-06-03 4:13 pm

Egypt to auction $715 million in one-year dollar T-bills

CAIRO: Egypt will auction $715 million worth of one-year dollar-denominated treasury bills on June 10, the central bank said. The auction will be settled on June 11, the same day one-year dollar T-bills worth $715 million are due to mature.‑Reuters

Business Recorder 2019-06-03 4:04 pm

Boeing finds wing defect, including among some MAX

WASHINGTON: Boeing announced Sunday that some of its medium-haul 737s, including the 737 MAX 8, could have a defective wing part, but that there had been no reports of flight issues linked to the defect. The American aviation giant, which has been rocked by an unprecedented crisis after its entire 737 MAX 8 fleet was grounded in mid-March, said ...

Business Recorder 2019-06-03 4:04 pm

Google server trouble snarls YouTube, Snapchat

WASHINGTON: Congested Google servers in the eastern United States caused problems for users of Snapchat and YouTube on Sunday, with complaints on social media that the popular apps weren?t accessible. Google acknowledged the issue, writing in a statement on its Cloud Platform status page that it was dealing with ?high levels of network congestion in the eastern USA, affecting ...

Business Recorder 2019-06-03 4:03 pm

Air fares for non-filers likely to increase

ISLAMABAD (Dunya News) – For non-filers of tax returns, foreign trips may get expensive under the new proposed taxes. For non-filers, Rs19,000 has been proposed as an increase in the advance income tax on international business class tickets, whereas Rs8,000 on economy class. On domestic airline tickets, non-filers would be charged with an amount of Rs500 additionally. ...

Dunya News 2019-06-03 3:58 pm

CDC Set To Facilitate 600 Businesses To Get Their Refund Claims

Lahore, (UrduPoint / Pakistan Point News - 03rd June, 2019) Central Depository Company has urged businessmen who have opted for Sales Tax Refund payments through Refund Bonds to urgently open up Sub Account or Investor Account with Central Depository Company of Pakistan Limited (CDC) in order to get Sales Tax Refund payments through Refund Bonds. Out of total 600 ...

UrduPoint News 2019-06-03 3:57 pm

Call To Review Proposed Revenue Target For Next Fiscal: Mian Zahid Hussain

karachi (UrduPoint / Pakistan Point News - 03rd June, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said FBR should be given realistic the target for the next fiscal. Talking to the business community Mian ...

UrduPoint News 2019-06-03 3:57 pm

Cement Rates Start Surging To Previous Level In Northern Retail Market

LAHORE (UrduPoint / Pakistan Point News / Online - 03rd June, 2019) The cement prices, after witnessing a drop of almost 15 percent during the last five months Jan to , have started reverting to previous level in north region's retail , as different brands were witnessed a kike of Rs20 on average. Presently, there are three ...

UrduPoint News 2019-06-03 3:57 pm

US Imposed Tariff Measures Harm Others And Are Of No Benefit To Itself

BEIJING, (UrduPoint / Pakistan Point News - 3rd Jun, 2019 ) :The US administration has imposed additional tariffs on goods exported to the US, impeding two-way trade and investment cooperation and undermining confidence and economic stability in the two countries and globally, according to a white paper titled 's Position on the China-US Economic and Trade Consultations ...

UrduPoint News 2019-06-03 3:23 pm

Hong Kong Stocks End Flat 03 June 2019

Hong Kong, (UrduPoint / Pakistan Point News - 3rd Jun, 2019 ) : shares closed flat on Monday as investors grapple with the fallout of the increasingly bitter US-China trade spat. The benchmark Composite Index slipped 0.30 percent, or 8.62 points, at end at 2,890.08, while the Composite Index, which tracks on 's second , fell ...

UrduPoint News 2019-06-03 3:05 pm

Impact Of Trade Frictions On China's Capital Market Generally Controllable

BEIJING, (UrduPoint / Pakistan Point News - 3rd Jun, 2019 ) :China-U.S. trade frictions did have an impact on 's capital , but the impact has been generally controllable, according to 's securities regulator. The recent performances of 's capital showed that such impact had already been absorbed, suggesting growing resilience, higher risk-resisting capability, improved rationality ...

UrduPoint News 2019-06-03 3:05 pm

US ban has ‘no effect’ on Huawei’s aviation business: official

SEOUL: US moves against Chinese tech titan Huawei have had ?no effect? on the firm?s aviation business despite several countries taking steps to block its mobile services, a top company executive said Monday. Huawei customers at the event had pledged to ?keep cooperating? with the firm despite Washington?s accusations, Liu said. It?s a long-term trust for the past 15 ...

Business Recorder 2019-06-03 2:55 pm

Australia readies for landmark interest rate cut

SYDNEY: Australia?s central bank is expected to slash interest rates to historic lows on Tuesday, the first cut in three years amid global trade concerns and an underperforming domestic economy. ?Market pricing has the cash rate falling below 1% before the end of this year.? In the 10 years since the global meltdown, the Reserve Bank of Australia has ? ...

Business Recorder 2019-06-03 2:55 pm

Germany’s Infineon to buy Cypress in 9-bn-euro deal

BERLIN: German chipmaker Infineon sealed a definitive agreement to make an offer for US competitor Cypress that values the firm at around nine billion euros ($10.1 billion), the two companies said in a statement Monday.

Business Recorder 2019-06-03 2:55 pm

Google server trouble snarls YouTube, Snapchat

WASHINGTON: Congested Google servers in the eastern United States caused problems for users of Snapchat and YouTube on Sunday, with complaints on social media that the popular apps weren?t accessible. Google acknowledged the issue, writing in a statement on its Cloud Platform status page that it was dealing with ?high levels of network congestion in the eastern USA, affecting ...

Business Recorder 2019-06-03 2:55 pm

Spot Rates Of Cotton (Crop 2018-19)

KARACHI, (UrduPoint / Pakistan Point News - 3rd Jun, 2019 ) : Association (KCA) on Monday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 .

UrduPoint News 2019-06-03 2:31 pm

Medvedev, Slovak Prime Minister To Discuss Energy Cooperation June 5 - Russian Cabinet

MOSCOW (UrduPoint News / Sputnik - 03rd June, 2019) Dmitry Medvedev and his Slovak counterpart, Peter Pellegrini, will discuss in on Wednesday cooperation on energy, energy, and infrastructure, the press service of the said in a statement on Monday.

UrduPoint News 2019-06-03 2:30 pm

US Recession Odds Jump As Trump Trade Wars Bite: Survey

Washington, (UrduPoint / Pakistan Point News - 3rd Jun, 2019 ) :The odds of a US recession by next year have increased sharply, with mounting protectionism continuing to pose the greatest economic threat, according to a economic survey Monday. However, the poll of 53 economic forecasters major US corporations and universities was conducted in the first half ...

UrduPoint News 2019-06-03 2:14 pm

Oil prices fall as trade wars fan fears of economic slowdown

SINGAPORE (Reuters) - Oil prices fell by around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown. ?Oil prices slid on fresh trade worries after U.S. President Donald Trump stoked global trade ...

Dunya News 2019-06-03 1:58 pm

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