Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 1 June 2019
These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.
Today's Gold Rates In Pakistan On 1 June 2019
The for today, 1 June 2019 is as follows: 60,014 per 10 grams, and the price of gold is Rs 70,000 per Tola. Urdu Point provides the gold rates for various cities of the country, including Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad. Moreover, the gold rates are available for 22 carat, 24 carat, ...
US Bill Targeting Nord Stream 2 Offers Strategy Against Russia's Role On EU Energy Market
MOSCOW (UrduPoint News / Sputnik - 01st June, 2019) US lawmakers have proposed a "Strategy to Improve Energy Security of European Allies of the United States" that should include activities aimed at thwarting Russia's alleged efforts to dominate the European energy market, according to a bill, published on the Congress website on Saturday. The senators said the bill "to ...
PM seeks business community role for economic development
In a meeting with a delegation of the renowned industrialists and businessmen, the prime minister said the government was making all out efforts to facilitate the business community. The meeting was attended by the representatives of Information Technology, pharmacy, textile, plastic, garments and other industries including Aizaz Hussain, Shahid Surti, Abrar Hussain, Khalid Mahmood, Yaqub Ahmed, Shabir Dewan, Khalil ...
Auto Industry Dented By Latest Trump Tariffs
New York, (UrduPoint / Pakistan Point News - 1st Jun, 2019 ):President Donald Trump's plan to impose tariffs on Mexico will affect myriad industries, but few are as exposed as automakers. Shares of several major automakers and auto suppliers dived five percent or more following Trump's announcement Thursday night that the United States would impose a five percent tariff ...
FBR bags only Rs13.5bn in nine months despite aggressive drive
As part of the broadening of tax base initiatives, a senior tax official told?Dawn?that between July-April, 206,318 new taxpayers have been added to tax rolls, who paid more than Rs185m. Tax officials have also taken several enforcement actions under section 175 of Income Tax Ordinance 2001 as well as sections 38 and 40B of Sales Tax Act 1990, which ...
FBR Appeals To Refrain From Using Smuggled Products
ISLAMABAD, (UrduPoint / Pakistan Point News - 1st Jun, 2019 ) :The of Revenue ( ) on Friday appealed to the people to refrain using smuggled items which adversely affected the selling and buying of local products.
Hafeez Shaikh discusses upcoming budget with business community in Lahore
Participants of the meeting included All Pakistan Textile Mills Association, Federation of Pakistan Chambers of Commerce and Industry, Lahore Chamber of Commerce and Industry, Faisalabad Chamber of Commerce and Industry and other business leaders.
Petrol prices: Why are they rising?
Every month, barring a few, the new federal government has been nudging up the price of petrol making life more difficult for commuters. There are some things that the state can?t control when it comes to pushing up fuel prices, such as the global market. Internationally, the price of petrol is just as eye-watering, due to a reduction in ...
China To Unveil 'Unreliable' Firms List Amid Trade War With US
MOSCOW (UrduPoint News / Sputnik - 01st June, 2019) China's Commerce Ministry will roll out its own list of "unreliable" foreign firms, its spokesman said Friday, in apparent retaliation for the US move to blacklist its tech giant Huawei. The list features people, entities and companies that "do not comply with market rules ... or impose blockades or stop ...
Trump Approval Hits 2-Year High With Lift From Growing US Economy - Poll
The poll found that 48 percent approve of 's performance, while 52 percent say they disapprove, according to The Hill newspaper, which obtained the survey in advance of their full publication online next week.
Key US Inflation Index Edges Higher In April
Compared to of last year, the PCE index rose to 1.5 percent, its highest level since , a tenth of a point higher than but still well below the Fed's two percent inflation target. The 12-month core measure also rose a tenth of a point to 1.6 percent, but has been below the Fed's target since .
Brazil Jobless Rate Falls But Record Number Give Up Looking
The grim assessment of 's came a day after figures showed Latin America's biggest economy shrank 0.2 percent in the first quarter -- the first contraction since it emerged a devastating 2015-2016 recession. Embattled far-right President Jair Bolsonaro, who came to power in on a promise to revive the economy, which grew only 1.1 percent ...
Gold Price Up By Rs 300, Traded At Rs 70.000 Per Tola 31 May 2019
According to Sarafa Association, the of 10 gram also witnessed an increase of Rs 259 and traded at Rs 60014 against Rs 59,741 of last day. The of remained constant and traded at Rs 870 per tola and that of 10 grams was traded at Rs 745.88. In international the of per ounce ...
US Stocks Join Selloff On Trump Mexico Tariffs
About 10 minutes into trading, the Dow Jones Industrial Average stood at 24,854.02, down 1.3 percent. The broad-based S&P 500 also fell 1.3 percent to 2,752.43, while the tech-rich Nasdaq Composite tumbled 1.4 percent 7,461.45. Trump announced the measure on Twitter, saying the United States would impose a five percent tariff on all Mexican imports on June 10. According ...
Stock Markets Slump As Trade War Tensions Spike 31 May 2019
With US President Donald Trump announcing tariffs on all Mexican imports and China warning it would create a list of "unreliable" foreign companies, investors piled into low-risk assets, sending the yield on 10-year German government bonds to a record low. The rate of return for investors on 10-year German government bonds, or Bunds, hit minus 0.211 percent in the ...
Local LPG Price Decreased By Rs 181 Per 11.8-kg Cylinder
ISLAMABAD, (UrduPoint / Pakistan Point News - 31st May, 2019 ) :The (OGRA) Friday issued a price-revision notification of Liquefied Petroleum ( ) for the month of . While, the per Metric Ton (MT) rate has been fixed at Rs 118,592.36for the month of .
Pakistanis To Focus On Barter Trade To Boost Exports, Says Abdul Hafeez Sheikh
(UrduPoint / Pakistan Point News / Online - 01st June, 2019) Advisor to on Finance Dr Saturday stressed the need for promotion of barter trade with an exclusive focus on boosting export of products in the global instead of depending on one way heavy devouring hard earned foreign .Talking to a galaxy of representatives ...
German Bond yield eyes record low as Trump’s Mexico tariff row rattles markets
LONDON: Germany?s benchmark 10-year bond yield fell to within striking distance of record lows on Friday, after U.S. President Donald Trump?s threat to impose tariffs on Mexican goods heightened recession fears and rattled world markets. ?This news is negative for markets and the economic outlook.? Government bond yields across major markets slid again, reflecting heightened pessimism as investors flocked to ...
Allianz in two deals set to make it second biggest insurer in UK
FRANKFURT: Germany?s Allianz is bulking up in Britain with two deals that could top 800 million pounds ($1 billion) involving the general insurance businesses of? LV= and Legal & General. The deals will make Allianz the second-biggest general insurer in Britain with gross written premium income of more than 4 billion pounds and a market share of nine percent, ...
