Dollar soars to new high of Rs150 in open market

KARACHI: The US dollar soared to a record high of Rs150 in the open market on Friday morning, as the rupee continued to slide following Pakistan's $6 billion bailout agreement with the International Monetary Fund earlier this week.

Asian Markets Mixed After US Rally, Brexit Back To Haunt Pound

Hong Kong, (UrduPoint / Pakistan Point News - 17th May, 2019 ):Asian markets were mixed Friday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off between China and the United States. The long-running Brexit saga also moved back into view, with the pound sinking to ...

Bank Foreign Currency Selling/Buying Rate In Pakistan 17 May 2019

KARACHI, (UrduPoint / Pakistan Point News - 17th May, 2019 ):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. U.S.A 148.32/ 144.59 S.ARABIA 39.27/ 37.75 U.K 189.73/ 184.96 JAPAN 1.3516/ 1.3168 EURO 165.80/ 161.63 U.A.E 40.32/ 36.90

Foreign Exchange Rate Open Market Rate-2-in Pakistan 17 May 2019

KARACHI, (UrduPoint / Pakistan Point News - 17th May, 2019 ) :NBP-Rates-2-Karachi (17-05-19) RATES FOR NOTES SELLING BUYING U.S.A 148.32 144.59 S.ARABIA 39.27 37.75 U.K 189.73 184.96 1.3516 1.3168 165.80 161.63 U.A.E 40.32 36.90 LIBOR FOR CALCULATING INTEREST ON SPECIAL US LIBOR VALUE 6 Mths US 2. USD 0.1000 0.1000 ...

Rupee weakens further as dollar hits new high of 150 against Pak rupee

The rupee plunged around five percent in an intraday trade on Thursday to hit an all-time low of 148/dollar in an apparent devaluation by the central bank as a ?prior action? to satisfy the IMF to secure an approval of $6 billion bailout package, analysts said. Analysts said the devaluation has added up around Rs667 billion in Pakistan?s external ...

88 106.52 106.24 DENMARK 21.98 21.91 21.85 SAUDI ARABIA 39.16 39.02 38.92 HONG KONG 18.71 18.64 18.60 CHINA 21.35 21.28 21.22 KUWAIT 482.69 481.05 479.79 MALAYSIA 35.19 35.07 34.97 NEWZEALAND 96.01 95.69 95.43 QATAR 40.34 40.20 40.09 U.A.E 39.92 39.78 39.68 KR WON 0.1231 0.1226 0.1223 THAILAND 4.627 4.611 4.599 CONVERSION FOR FC DEPOSITS, DBC/FCBC, SPECIAL USD BOND US DOLLAR POUND STERLING EUR JAPANESE YEN 140.2599 184.9327 158.6480 1.2725 ...

KSE-100 falls nearly 900 points during trading

KARACHI: The benchmark KSE-100 of the Pakistan Stock Exchange on Friday is on a bearish trajectory after the dollar in the interbank At the time this report was filed, the KSE-100 fell 883.58 points with the index at?33,087.58 points. The US dollar touched a new record high of Rs149 in the interbank market as the rupee continued to slide following ...

NBP Exchange Rates

Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 146.85 ...

NBP-rates-2

USD 0.1000 0.1000 0.0000 BILL BUYING RATES PER UNIT OF CURRENCY 30 DAYS 60 DAYS 90 DAYS 120 DAYS 150 DAYS 180 DAYS L/C 145.45 144.53 143.60 142.65 141.68 140.72 L/C 186.24 185.35 184.43 184.06 183.29 181.63 L/C 162.92 162.29 161.65 160.84 160.17 159.74

US dollar hits another all-time high at Rs149

Karachi (Dunya News) – The value of the US dollar against the Pakistan rupee hit another all-time high at Rs149 after gaining Rs2 in the interbank market, Dunya News reported on Friday. Experts believe that the sudden devaluation of local currency against the US dollar and the greenback hitting an all-time high of Rs149 is interlinked with the government’s commitments to ...

Dollar touches new high of Rs149 in interbank market

KARACHI: The US dollar touched a new record high of Rs149 in the interbank market on Friday morning, as the rupee continued to slide following Pakistan's $6 billion bailout agreement with the International Monetary Fund earlier this week.

Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 17 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.

Amazon close to buying a stake in UK's Deliveroo

(Reuters) - Amazon.com Inc is in talks to invest hundreds of millions of pounds in UK food delivery app Deliveroo as part of a $575 million (?449.29 million) fundraising, Sky News reported on Thursday, citing sources.

Consumer bodies seek to force Alibaba portal to honour EU shoppers' rights

BRUSSELS (Reuters) - Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba?s online shopping portal for allegedly setting unfair terms for EU users. ?We call on the consumer protection authorities to look urgently into this issue and to take action,? European consumer body BEUC?s director ...

Latest Gold Rate For May 17, 2019 In Pakistan

, 17 May 2019 is being sold for Rs 61,471 per 10 grams in Pakistan, and price of Gold is Rs 71,700 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the city at Urdu Point. Below is the table providing latest gold rates for the cities ...

Bitcoin extends losses, down more than 20% to below $6,300

TOKYO (Reuters) - The price of bitcoin sank almost 20% on Friday, an abrupt move after a strong recovery in the crypto-currency in recent weeks that took it to 10-month highs. Bitcoin fell to as low as $6,178 (4,831 pounds) at Bitstamp exchange, down 21.6% from the previous close and last stood down 7.8% at $7,266.  

Trade deficit shrinks 13pc in 10 months

The trade deficit contracted by $3.867 billion to $26.302 billion during July-April (2018-19) against the deficit of $30.169 billion recorded during July-April (2017-18), according to latest data of Pakistan Bureau of Statistics (PBS). On the other hand, the imports declined by 7.88% to $45.471 billion during the period under review from $49.360 billion last year, the data revealed. Based ...

Punjab to achieve wheat procurement target of 4mmt

Staff Reporter Lahore Punjab Minister for Revenue Malik Muhammad Anwar has said that the Pakistan Tehreek-e-Insaf (PTI) led government will achieve wheat procurement target of four million metric tonnes for the 2019-20 crop with financial limit of Rs.130 billion, adding that the wheat procurement process is being conducted smoothly in the province. In a statement issued here on Thursday, Malik ...

Problems in Orange Train Project

Hamza Murtaza Sheikh Orange train project is also referred as the saviour for the existing government in Pakistan but in reality, it has caused more harm than good and it has become a matter of debate throughout the past year. This project is sometimes considered as an extension of the CPEC corridor but the Orange line project is an atomic ...

ICCI concerned over record devaluation of rupee

In a joint statement issued here on Thursday, President ICCI Ahmed Hassan Moughal, Senior Vice President (SVP) Rafat Farid and Vice President (VP) Iftikhar Anwar Sethi said the rupee has already witnessed hefty depreciation against dollar due to which people were badly suffering from rising inflation while cost of doing business has gone up significantly.