Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 20 May 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.
Gold Rate In Pakistan, Price On 20 May 2019
UrduPoint brings you the daily Pakistan gold rate (24 karat, 22 karat, 21 karat and 18 karat), as well as currency exchange rates, including the Pakistani rupee, USD, sterling pound, euro and may more against the PKR. The rates for 24 carat, 22 carat, 21 carat, 18 carat and Ten Tola (TT) Bar (11.6638038 gram) will be updated four ...
Indian Stocks, Rupee Rally As Modi Vote Win Predicted
Mumbai, (UrduPoint / Pakistan Point News - 20th May, 2019 ) : and the rupee soared on Monday as exit polls predicted a second term for business-friendly Hindu nationalist , traders said.
Interest rate likely to increase by 1pc in new monetary policy
Pakistan has been undergoing severe economic crisis, and the devaluation of rupee against the US dollar has doubled miseries of the government. It is believed that the sudden devaluation of local currency against the US dollar and the greenback hitting an all-time high of Rs150 is interlinked with the government?s commitments to the IMF. Unfortunately until now there is ...
CNG price up by Rs3 per liter after rupee depreciation
On Thursday, Pakistan?s rupee weakened to a record in an apparent devaluation, four days after the South Asian nation secured a bailout from the International Monetary Fund (IMF) that investors speculate includes tough conditions to reform the economy. A few days ago, Prime Minister?s Adviser on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Sheikh announced to have finalised ...
In Iran, economic struggles trump fears of US confrontation
?Trump is not predictable at all and one doesn?t know how to react to him and what is the right thing to do against him,? said Afra Hamedzadeh, a 20-year-old civil servant and university student. ?Since he controls the global economy we are somehow left with few options.? But opinions vary across Iran?s capital, Tehran, depending on whether you speak ...
Rashakai SEZs huge significance,as closer to Afghanistan, CARs: BOI
ISLAMABAD, May 19 (APP):Chairman Board of Investment (BoI) Haroon Sharif Sunday said that Rashakai, Special Economic Zones (SEZs) had a strategic significance as it was closer to Afghanistan and resources rich Central Asian Republics (CARs). Rashakai SEzs was a joint venture between the Chinese company of China Road and Bridge Cooperation (CRBC) and Khyber Pakhtunkhwa government aiming to ...
Trump’s ‘great patriot’ farmers follow him into a trade war
When President Donald Trump?s trade war with China made a miserable situation worse, Bardole used up any equity his operation had and started investing in hogs in hopes they?ll do better than crops. ?He does really seem to be fighting for us,? Bardole says, ?even if it feels like the two sides are throwing punches and we?re in the ...
CDNS expects similar profit rates for various saving certificates
ISLAMABAD, May 19 (APP):The Central Directorate of National Savings (CDNS) has hoped similar revision in the profit rates for various saving certificates, which has been applicable from January 1, increasing the trend of people investing more at the CDNS. “The The similar revision was made in the backdrop of current market scenario and in accordance with the government’s policy to provide ...
Gold hits all-time high of Rs 72,000 per tola
?The dollar has strengthened due to relatively strong US economic reports and little relaxation in geo-political tensions, all these combined have put downward pressure on gold prices,? said Jeff Klearman, portfolio manager at GraniteShares. Spot gold fell 0.8% on Thursday, its biggest one-day percentage decline since mid-April, as strong economic data from the United States spurred investors towards riskier ...
Mineral misery: Vietnam salt farmers battered by imports, climate
The salt farmers of Hon Khoi rise before dawn as they have for generations, fanning out across shallow seawater pools in southern Vietnam to harvest the precious mineral, hoping for a better season than the last. ?This job is no fun at all, we have to work so hard in the sun and then during the cool season we ...
ECB’s Knot says eurozone inflation is not yet where ECB wants it
The euro zone inflation is not where the European Central Bank wants it, ECB policymaker Klaas Knot said in an interview published by Italian daily Corriere della Sera on Sunday. We have a figure in mind that is clearly closer to 2% than the number we have seen over the last five, six years or so,? said Knot, the Dutch central bank governor.
Canada vows ‘full steam ahead’ on ratifying trade pact after US lifts metals tariffs
US President Donald Trump had imposed the global ?Section 232? tariffs of 25% on steel and 10% on aluminium in March 2018 on both Canada and Mexico on national security grounds, invoking a 1962 Cold War-era trade law. The metals tariffs were a major irritant for Canada and Mexico and had caused them to halt progress towards ratification of ...
Traders appeal to CM and governor to end load-shedding
North Karachi Association of Trade and Industry (NKATI) has asked Sindh Governor and Chief Minister to play their role to resolve power load-shedding issue in industrial areas during the sacred month of Ramadan on priority bases.
State of turmoil as KSE 100 index loses another 4.5% WoW
Volumes recovered from the lows of last week, increasing to 107mn shares (+46% WoW). On key updates, the Assets Declaration Scheme 2019 was also approved this week, while on a separate note, Pakistan?s team submitted its implementation report to the Asia-Pacific Joint Group (APG) on the recommendations of the Financial Action Task Force (FATF). On a sector-wise front, almost ...
Trump delays decision on auto tariffs for up to six months
?They don?t want our farmers, they don?t want our cars? They send Mercedes-Benz here like they?re cookies,? Trump said, adding that ?they take advantage of us on trade.? In response to the US metal tariffs, the EU last year imposed stinging duties on American exports like motorcycles, orange juice, whiskey and blue jeans, and threatened to retaliate further should the ...
Going down: Brazil economic woes hit stocks, currency
Atrophying growth forecasts and waning confidence in President Jair Bolsonaro sent Brazil?s stocks and currency to their lowest level of the year this week, as analysts warned of further falls. But the ?external headwinds? have been compounded by concerns over Brazil?s feeble economy, which has struggled to grow since emerging from the devastating 2015-2016 recession, said William Jackson of ...
Rashakai SEZs huge significance,as closer to Afghanistan, CARs: BOI
ISLAMABAD (APP) ? Chairman Board of Investment (BoI) Haroon Sharif Sunday said that Rashakai, Special Economic Zones (SEZs) had a strategic significance as it was closer to Afghanistan and resources rich Central Asian Republics (CARs). Rashakai SEzs was a joint venture between the Chinese company of China Road and Bridge Cooperation (CRBC) and Khyber Pakhtunkhwa government aiming to provide ...
CDNS expects similar profit rates for various saving certificates
ISLAMABAD (APP) – The Central Directorate of National Savings (CDNS) has hoped similar revision in the profit rates for various saving certificates, which has been applicable from January 1, increasing the trend of people investing more at the CDNS. “The The similar revision was made in the backdrop of current market scenario and in accordance with the government’s policy to provide ...
Gold hits Rs72,000 per tola, spot gold fell to $1,276.25 per ounce
Spot gold fell 0.8% to $1,276.25 per ounce as of 1:46 p.m. EDT (1746 GMT) on Friday, having dropped to its lowest since May 3 at $1,274.51 earlier in the session. ?The dollar has strengthened due to relatively strong U.S. economic reports and little relaxation in geo-political tensions, all these combined has put downward pressure on gold prices,? said ...
