Pakistan Mercantile Exchange Limited Index Closes At 3,921 Points 22 May 2019
The traded value of metals, energy and COTS/FX was recorded at Rs 7.446 and the number of lots traded was 9,121, said a press release on Wednesday. 199 , followed by currencies through COTS Rs 1.239 , WTI crude Rs 877.184 , Rs 863.450 , DJ Rs 721.417 , platinum Rs 225.374 , SP500 Rs 152.501 ...
Saudi Arabia to activate $3.2bn deferred payment facility for oil from July
Retweeting the finance adviser's post, Minister of State for Revenue Hammad Azhar welcomed the good news and said that it would greatly help Pakistan's foreign exchange reserves as well. Retweeting the finance adviser's post, Minister of State for Revenue Hammad Azhar welcomed the good news and said that it would greatly help Pakistan's foreign exchange reserves as well. ...
Currency rates in Pakistan - 22 May 2019
KARACHI (Dunya News) - Currency rates in open market in Pakistan according to international currencies as of 22 May 2019. British Pound (GBP) to PKR buying is Rs193.00 and selling is Rs195.00.
IMF No Longer Asking Kiev To Raise Gas Prices As Condition For Loan - Presidential Envoy
KIEV (UrduPoint News / Sputnik - 22nd May, 2019) The International Monetary Fund ( ) is no longer asking to raise as a condition for a new tranche, the Ukrainian presidential representative in the , Andriy Gerus, said Wednesday. In , the Executive approved a $3.9 stand-by program for for a ...
Need Stressed To Evolve Traders, Poor-friendly Economic Policies
MULTAN, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) : Tajran Khawaja Suleman Siddique urged the to evolve such economic policies which would not affect small traders and the . In a press statement, he said the should not increase petroleum products in future as small traders were already facing financial crisis.
Pakistan, Kuwait sign hydrocarbon exploration agreement
The Minister expressed that execution of the Exploration License and PCA will not only attract foreign direct investment in the petroleum sector but will also contribute in bridging the energy demand and supply gap. Makhad Block is located in districts, Attock, Mianwali and Chakwal of Punjab Province and Kohat of Khyber Pakhtunkhwa. The company will invest minimum 9.8 Million ...
Dollar Gain 3 Paisa In Interbank, Closed At Rs 151.95
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):The exchange rate of Dollar in interbank soared by 3 paisa and was traded at Rs 151.95 as compared to the last closing at Rs151.92 , State Bank of Pakistan (SBP) Wednesday reported. The price of Japanese yen decreased by 1 paisa and was traded at Rs1.37 against Rs ...
Dawood, FPCCI Share Budget Proposals To Enhance Export Growth
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :A delegation of Federation of of and (FPCCI) Wednesday called on Adviser to on , , Industries and Production and Investment Abdul Razak Dawood and shared the proposals to enhance the export growth. The advisor shared the economic vision of the current ...
Gold Price Plunges By 800, Traded At Rs 71, 300 Per Tola
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :According to Sarafa Association, the of 24 karat decreased by Rs 800 on Wednesday and was traded at Rs 71, 300 per tola as compared to the last closing at Rs 72,100. According to the Rawalpindi-Islamabad local Sarafa Association, the per tola of 24-karat ...
Mufti Kaleem Appointed As Takaful Group's Shariah Advisory Board Chairman
KARACHI, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):Mufti Muhammad Hassaan Kaleem has been appointed as Chairman of Shariah Advisory Board for Pak-Qatar Takaful Group. Justice (retd) Mufti Muhammad Taqi Usmani had earlier been serving as Shariah Board chairman for Pak-Qatar Takaful and Shariah member for many Islamic financial institutions over the past two decades. Apart from ...
Asian Development Bank (ADB) To Provide Largest Single Non-sovereign Loan To Fund Railway Track Electrification In India
MANILA, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):Asian Development Bank (ADB) announced on Wednesday that it has signed an agreement to provide 750 million U.S. dollars equivalent in Indian rupees in long-term financing to fund a railway track electrification project in India. The financing to Indian Railway Finance Corporation (IRFC) will be used to fund the ...
Pakistan Stock Exchange (PSX) Gains 1,195 Point To Close At 34,637 Points
The three top traded companies were Bank of Punjab XD with a volume of 25,080,500 and price per share of Rs 12.
Iceland Slashes Interest Rate As Economy Seen Shrinking
Reykjavik, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):Iceland's central bank on Wednesday cut its key interest rate by a half-point to 4.0 percent to stimulate the economy, as it forecasted a contraction this year for the first time in almost a decade.
Pakistani Rupee Registers Slight Gains Against US Dollar
KARACHI (UrduPoint / Pakistan Point News / Online - 22nd May, 2019) Pakistan's rupee registered slight gains against the US dollar on Wednesday.The price of the dollar decreased by Rs0.32 to Rs151.60 in the interbank market, while in the open market it decreased by Rs0.50 to trade at Rs153.50.The rupee reached a record low of Rs151.92 in the interbank ...
World Bank (WB) Assisting Federal Board Of Revenue (FBR) In Reforming Taxation System
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ):The Country Director World Bank (WB) Pakistan Patchamuthu Illangovan (Illango) said Wednesday that the bank was assisting the Federal Board of Revenue (FBR) in introducing business-friendly measures and reforming the taxation system.
Petroleum Division Signs Concession Agreement With Kirthar Pakistan
ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :Petroleum Division Wednesday signed Petroleum Concession (PCA) and exploration licence for Makhad block with Kirthar . Apart minimum firm work commitment, is obligated to spend a minimum of US $ 30,000 per year in Makhad block on social welfare schemes.
Currency Rate in Pakistan: US Dollar, UK Pound, Saudi Riyal, UAE Dirham - 22 May 2019
KARACHI: 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 Wednesday, May 22, 2019.
Interest Rate Hike To Slowdown Economy: Mian Zahid Hussain
Karachi (UrduPoint / Pakistan Point News - 22nd May, 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 Wednesday said recently announced monetary policy is too aggressive. An interest rate hike of 1.5 percent by the central ...
British Steel Collapses, Costing Thousands Of Jobs: Unions
London, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :British Steel collapsed on Wednesday after last-ditch talks with the failed to secure a financial rescue, union bosses announced.
Daimler Offers Wheel To New CEO Amid Tricky Gear Change
Berlin, (UrduPoint / Pakistan Point News - 22nd May, 2019 ) :Flamboyant Daimler boss Dieter Zetsche was set bow out after 13 years on Wednesday, leaving successor Ola Kallenius to tackle problems brewing under the bonnet of the maker. Kallenius, previously head of research and responsible for the switch to electric, officially replaces Zetsche at the end of ...
