Dollar Hits Historical High Of Rs148
KARACHI (UrduPoint / Pakistan Point News / Online - 16th May, 2019) The value of the US against the rupee touched another all-time high for the second consecutive day, reaching approximately Rs148 in the interbank .The greenback's was valued at Rs141.5 Wednesday, but climbed roughly Rs6.50 to hit a historical peak Thursday, with speculation rife in the ...
French Unemployment At 10-year Low
Paris, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :French unemployment has fallen to its lowest level in 10 years, the national statistics agency said Thursday, providing a boost to under-fire President Emmanuel Macron.
TESCO pays Rs3.4 billion tax to FBR
ISLAMABAD, May 16 (APP):Tribal Areas Electricity Supply Company (TESCO) paid an amount of Rs3.4 billion to Federal Board of Revenue (FBR) without collecting any tax from domestic and commercial consumers. TESCO, Chief Executive Officer, Shafiq ul Hassan while talking to APP on Thursday said government was committed to provide relief to the people of Tribal Areas therefore domestic consumers ...
European Stock Markets Fall At Open 16 May 2019
London, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :European stock fell modestly at the start of trading on Thursday, with 's benchmark FTSE 100 index down 0.2 percent at 7,281.42 points. In the eurozone, 's DAX 30 dropped 0.2 percent to 12,077.36 points and the CAC 40 lost 0.2 percent to 5,365.37, compared with Wednesday's closing ...
Country imports 13.3 mt POL products last year
Out of which, the private sector companies imported around 38 percent petroleum products including High Speed Diesel (HSD), High Sulphur Fuel Oil and Low Sulphur Fuel Oil (HSFO/LSFO), Jet Fuel, Motor Gasoline (Mogas), RON (Research Octane Number) 95 and 97 under testing mechanism notified by OGRA, according to the official data available with APP. During the period, around ...
Hong Kong Stocks Drop At Open 16 May 2019
Hong Kong, (UrduPoint / Pakistan Point News - 16th May, 2019 ):Hong Kong stocks opened lower Thursday morning as Donald Trump's decision to ban US firms from using foreign telecoms equipment appeared aimed at China's Huawei and ZTE, risking a further flare-up in their trade war.
Central Asian Labor Market Stability Depends On Russian Economy - Asian Development Bank
WASHINGTON (UrduPoint News / Sputnik - 16th May, 2019) The stability of labor markets in Central Asia depend on the state of Russia's economy, Representative of the North American Office at the Asian Development Bank (ADB) Bart Edes told Sputnik. "Many countries that are near Russia - like Uzbekistan, Kazakhstan, Tajikistan, Afghanistan, the Caucasus - these are all member ...
Russia Actively Conducts Business Reforms - World Bank
WASHINGTON (UrduPoint News / Sputnik - 16th May, 2019) Russia has actively engaged with the World bank and consistently carried out business regulations reform as revealed by improvements in its Doing Business report scores, Hulya Ulku, a senior economist at the World Bank's Development Economics Vice Presidency, told Sputnik. Ulku said among the ten indicators in the Doing Business ...
Egyptian President Says Supports Saudi Arabia, UAE After Attacks On Oil Facilities
CAIRO (UrduPoint News / Sputnik - 16th May, 2019) Egyptian President Abdel Fattah Sisi expressed support for both Saudi Arabia and the United Arab Emirates that have faced attacks on oil facilities this week, a statement by the presidential official representative said on Wednesday. President Abdel Fattah Sisi has expressed full solidarity with the United Arab Emirates and Saudi ...
Asian Development Bank Ready To Finance Belt And Road Initiative Projects - Representative
WASHINGTON (UrduPoint News / Sputnik - 16th May, 2019) The Asian Development Bank (ADB) is willing to fund projects considered by the Belt and Road initiative (BRI), Representative of ADB's North American Office Bart Edes told Sputnik. "We are open to cooperation [with the BRI] and it can fill a big need for infrastructure investment as long as it's ...
Asian Markets Sink As Trump Further Stokes Trade War Fears
Hong Kong, (UrduPoint / Pakistan Point News - 16th May, 2019 ):Asian markets mostly fell Thursday as Donald Trump's ban preventing US companies from using foreign telecoms equipment jolted investors who saw it as targeting Chinese providers and risking another flare-up in an already tense trade war. - Key figures around 0230 GMT - Tokyo - Nikkei 225: DOWN ...
ADB Wants To Work With World Bank, AIIB On Infrastructure In Central Asia - Representative
WASHINGTON (UrduPoint News / Sputnik - 16th May, 2019) The World Bank and the Asian Infrastructure Investment Bank among other institutions are needed to boost infrastructure in Central Asia, Representative of the North American office at the Asian Development Bank (ADB) Bart Edes told Sputnik. We need the World Bank there, we need the ADB there, we need new ...
Argentine Inflation Slowed To 3.4% In April Falling Below Estimates - Statistics Institute
BUENOS AIRES (UrduPoint News / Sputnik - 16th May, 2019) Argentina's inflation slowed to 3.4 percent last month, falling below expectations, the country's national statistics institute said in a report. This comes despite the projections by market analysts, questioned earlier by Argentina's Central Bank, who expected the inflation rate at 4 percent in April. ...
Foreign Currency Account Exchange Rate In Pakistan 16 May 2019
FOREIGN ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE AUTHORIZED DEALERS U.S. VALUE 16-05-19 For 3 months and over but less than 6 months 2.2745% PA 3.0245% PA For 6 months and over but less than 12 Months 2.3009% PA 3.0509% PA For 12 months 2.3893% PA 3.2643% PA For 2 Years 2.3893% PA 3.7643% PA For 3 Years 2.3893% PA ...
Foreign Exchange Rate Open Market Rate In Pakistan 16 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 16th May, 2019 ) :The Rates Committee of Financial Association of issued the following exchange rates bulletin, here on Thursday. LIBOR VALUE 6 MONTHS US 2.5509 16.05.2019 CONVERSION RATES FOR 16TH FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE 20, 2019 USD 141.3934 GBP 182.5813 EUR ...
Bank Foreign Currency Selling/Buying Rate In Pakistan 16 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 16th May, 2019 ):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. U.S.A 146.16/ 139.70 S.ARABIA 37.95/ 36.48 U.K 187.81/ 179.51 JAPAN 1.3351/ 1.2754 EURO 163.84/ 156.60 U.A.E 39.73/ 35.65
Foreign Exchange Rate Open Market Rate-2-in Pakistan 16 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 16th May, 2019 ) : RATES FOR NOTES SELLING BUYING U.S.A 146.16 139.70 S.ARABIA 37.95 36.48 U.K 187.81 179.51 1.3351 1.2754 163.84 156.60 U.A.E 39.73 35.65 LIBOR FOR CALCULATING INTEREST ON SPECIAL US LIBOR VALUE 6 Mths US 2. USD 0.1000 0.1000 0.0000 BILL ...
Bank Foreign Currency Exchange Rate In Pakistan 16 May 2019
68 103.32 103.05 DENMARK 21.30 21.22 21.17 SAUDI ARABIA 37.84 37.71 37.61 HONG KONG 18.08 18.01 17.97 CHINA 20.69 20.62 20.57 KUWAIT 466.47 464.83 463.60 MALAYSIA 34.13 33.01 33.92 NEWZEALAND 92.98 92.65 92.40 QATAR 38.98 38.83 38.73 U.A.E 38.57 38.44 38.34 KR WON 0.1193 0.1188 0.1185 THAILAND 4.495 4.479 4.467 CONVERSION FOR FC DEPOSITS, DBC/FCBC, SPECIAL USD BOND US DOLLAR POUND STERLING EUR JAPANESE YEN 141.3921 183.0604 158.9106 1.2887 ...
Hyundai To Supply 5,000 Cars To Middle East Ride-hailing Firm
SEOUL, (UrduPoint / Pakistan Point News - 16th May, 2019 ):Hyundai Motor Co., South Korea's largest carmaker by sales, said Thursday it will supply 5,000 vehicles to Middle Eastern ride-hailing firm Careem Networks FZ by December.
US dollar hits all-time high at Rs147 in open market
Karachi (Dunya News) ? The US dollar gained Rs5.60 against Pakistani rupee in the open market on Thursday following strong speculations that the local currency will depreciate further after the signing of a bailout agreement with the International Monetary Fund (IMF). The devaluation is observed a few days after the Prime Minister?s Adviser on Finance, Revenue and Economic Affairs ...
