Dollar slips to Rs149.90 in interbank market
The rupee registered record lows against the US dollar following the announcement of a $6 billion bailout agreement with the International Monetary Fund foreseeing a "market-determined rate" for the Pakistani currency. Since last week, the rupee lost 3.74% against the dollar in the interbank market, with the currency cumulatively losing 37.45 since January 2018. ...
Custom House to allow entry to only authorized trade representatives, members: FBR
ISLAMABAD, May 27 (APP):Taking notice of presence of large number of visitors, Federal Board of Revenue (FBR) Chairman Syed Muhammad Shabbar Zaidi Monday ordered Customs Wing to strictly restrict, entry into Customs Houses, only to the concerned traders, their authorized representatives and members of relevant trade bodies and associations.
Dollar sheds Rs 1.17 in interbank, closed at Rs 149.74
ISLAMABAD, May 27 (APP):The exchange rate of dollar plunged by Rs 1.17 in interbank and traded at Rs 149.74 as compared to closing of last day at Rs 150.91, State Bank of Pakistan (SBP) reported on Monday. The SBP further reported that in interbank the price of Euro decreased by Rs 1.24 after which it traded at Rs 167.59 against ...
Currency rates in Pakistan - 27 May 2019
KARACHI (Dunya News) - Currency rates in open market in Pakistan according to international currencies as of 27 May 2019. The price of 1 USD to PKR buying is Rs149.00 and selling of US Dollar is Rs150.00. British Pound (GBP) to PKR buying is Rs189.00 and selling is Rs191.00. Euro to PKR buying is Rs166.00 and selling is Rs168.00. Saudi Riyal to ...
Spot Rates Of Cotton (Crop 2018-19)
KARACHI, (UrduPoint / Pakistan Point News - 27th May, 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 .
KPT Ships Movement, Cargo Handling Report
KARACHI, (UrduPoint / Pakistan Point News - 27th May, 2019 ) :Following were the movements of ships and cargo handling at the Port Trust ( ) during the last 44 hours, ending at 0700 hours on Monday. SHIPS ARRIVED: Ever Decent Container Ship CT Confidence Tanker MT Tanker PVT Aroma General Cargo APANEMO Tanker SHIPS SAILED: Breezy ...
Pakistan-China Trade Must Touch New Heights Of Enhanced Mutual Deeper Economic Co-operation
ISLAMABAD, (UrduPoint / Pakistan Point News - 27th May, 2019 ) :Founder Chairman Pak US Council Iftikhar Ali Malik Monday hailed of Vice President of the People's Republic of Wang Qishan to and urged for deeper economic cooperation with saying that this collaboration would usher in a new era of , prosperity, development, economic ...
US Act On Lawsuits Against Cuba Over Seized Assets Grossly Contradicts Int'l Law -Russian Foreign Minister Sergey Lavrov
MOSCOW (UrduPoint News / Sputnik - 27th May, 2019) Foreign Minister Sergey Lavrov said on Monday that the provision of the US law allowing US courts to accept lawsuits against over property seized after the 1953-1959 Cuban Revolution contradicted the international law fundamentally. The decision that was taken in obviously fundamentally contradicts not only the international ...
Mobile Phone Import Dips 6.86 Pc In 10 Months: PBS
ISLAMABAD, (UrduPoint / Pakistan Point News - 27th May, 2019 ) :The phones' into the country during first 10 months of current fiscal year decreased by 6.86 percent as compared to the corresponding period of last year. Pakistan imported phones worth $631.997 during July-April (2018-19) compared to the imports of $678.575 during July-April (2017-18), ...
Cuba Ready To Counteract Economic Consequences Of US Actions - Foreign Minister
MOSCOW (UrduPoint News / Sputnik - 27th May, 2019) is ready to respond to US attempts to curb the country's economy, Cuban Foreign Minister Bruno Eduardo Rodriguez Parrilla said on Monday.
Stock Market Closes Flat At 35,697.37 Points
The three traded companies were Call Telecom Limited with a volume of 10.045 and its per declined by Rs 0.02 to close at Rs 0.77, Cement Factory ( ) with a volume of 9. The advancer was Baluchistan Particle with the increase of Rs 0.42 (28.38%) per , closing at Rs 1.9 ...
European Stocks Rise On EU Vote, Car Merger Talk
Paris, (UrduPoint / Pakistan Point News - 27th May, 2019 ) :European pushed higher Monday, relieved that centrists remain in control in the European following a bloc-wide , while the chance of a big merger in the auto also sparked confidence. "As the four major pro-European mainstream parties fell merely 70 percent to 67 percent ...
Samsung to gain from Huawei’s losses in US-China trade war: report
South Korean tech giant Samsung can use the current Huawei predicament to?strengthen its positions in?the smartphone market, says a Fitch Rating report cited by?Reuters. Amid the ongoing between?Washington and Beijing, US tech giant Google?? the maker of?Android OS?? and British ARM Company?? the developer of?mobile processors?? have announced their decision to?cut ties with?the Chinese manufacturer. ...
Sultan Bin Sulayem Launches Dubai Customs’ Smart Vessel Berthing System To Facilitate Trade At Dubai Creek
Dubai (UrduPoint / Pakistan Point News - 27th May, 2019) Dubai Customs launched a new disruptive berthing service for the vessels using the Dubai Creek (Khor Dubai) in the presence of His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs ...
X International Gas Congress Sums Up Its Outcomes
Ashgabat (UrduPoint / Pakistan Point News - 27th May, 2019) X Interstate cooperation in sphere and supported the coordination of joint plans for future, has accomplished its work on 22, , in Avaza National tourist zone. Atmosphere and course of discussions at the was provided by the fact that the role of natural as the ...
Turkmenistan Hosts X International Gas Congress
Ashgabat (UrduPoint / Pakistan Point News - 27th May, 2019) X Turkmenistan International Gas Congress (TGC 2019) has started work in Avaza National tourist zone on May 21, 2019. Gas ? Fuel of Future was the theme of plenary session, under which representatives of structural divisions of fuel and energy complex of Turkmenistan introduced potential partners with key directions ...
Pakistan-China Trade Must Touch New Heights Of Enhanced Mutual Deeper Economic Co-operation
ISLAMABAD, (UrduPoint / Pakistan Point News - 27th May, 2019 ) :Founder Chairman Pak US Council and veteran trade leader Iftikhar Ali Malik Monday hailing the of Vice President of the People's Republic of Wang Qishan to urged for deeper economic cooperation with saying that this collaboration will usher in a new era of ...
Belarus Pumps Over 80,000 Tonnes Of 'Dirty' Oil Toward Russia Since May 24 - Belneftekhim
MINSK (UrduPoint News / Sputnik - 27th May, 2019) started on 24 pumping chlorides-contaminated , accumulated in the Druzhba pipeline, toward dispatcher station Unecha, and it has already extruded over 80,000 tonnes of , Belarusian state Belneftekhim said in a statement on Monday.
National Savings collects Rs 365b by May16
Central Directorate of National Savings (CDNS) has achieved a net target of Rs 365 billion by May 16, of the fiscal year 2018-19 as compared to last year’s collection of Rs 129 billion. The total savings held by the CDNS stood at Rs 1, 701 billion by May 16, while the directorate had Rs 752 billion by the same date, a ...
Chinese loan accounts for 10 to 11 per cent of total foreign debt
Pakistan?s total foreign debt is about US$ 106 billion and Chinese loan accounts for a mere 10 to 11 per cent of the total foreign debt, whereas the remaining 89-90 per cent is from other sources IMF, Paris Club, and other western organizations, Noor Ahmed, secretary of the Economic Affairs Division said. In a talk with the same news ...
