Foreign Currency Account Scheme
FOREIGN ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE AUTHORIZED DEALERS U.S. VALUE 15-05-19 For 3 months and over but less than 6 months 2.2680% PA 3.0180% PA For 6 months and over but less than 12 Months 2.3376% PA 3.0876% PA For 12 months 2.4223% PA 3.2973% PA For 2 Years 2.4223% PA 3.7973% PA For 3 Years 2.4223% PA ...
EXCHANGE RATES FOR CURRENCY NOTES
KARACHI, (UrduPoint / Pakistan Point News - 15th May, 2019 ) :SELLING BUYING U.S.A 143.12 139.50 S.ARABIA 37.90 36.42 U.K 184.78 180.11 JAPAN 1.3052 1.2715 EURO 160.42 156.36 U.A.E 38.90 35.60 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US 2. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL BUYING RATES PER UNIT OF CURRENCY 30 DAYS 60 DAYS 90 DAYS 120 DAYS 150 DAYS 180 DAYS USD L/C ...
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 15 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.
Pakistan Post revenue increases Rs6 billion within a year: Murad
(Web Desk) ? Minister for Communications and Postal Services Murad Saeed said that Pakistan Post has increased its revenue by Rs6 billion within a year. In a statement in Islamabad, the minister said Pakistan Post would soon bring revolutionary changes in its logistic cell sector.
RS. 1500 Prize Bond Result, Winners Of Draw # 78 List, 15 May 2019 Announced
The winner of the prize bond announced, prize bond number 766214 won the amount of 3000000 PKR. 1000000, Third prize of was awarded to 1696 lucky winners.
Today's Gold Rates In Pakistan On 15 May 2019
The for today, 15 May 2019 is as follows: 60,614 per 10 grams, and the price of gold is Rs 70,700 per Tola. Urdu Point provides the gold rates for various cities of the country, including Karachi, Lahore, Rawalpindi, Peshawar, Quetta, Faisalabad, Multan, Gujranwala, Sialkot and Islamabad. Moreover, the gold rates are available for 22 carat, 24 carat, ...
Trump calls trade war with China 'a little squabble'
WASHINGTON (AFP) - President Donald Trump on Tuesday labeled the escalating trade war with China "a little squabble" and again accused Beijing of scuttling an agreement when it was near completion. "We?re having a little squabble with China because we?ve been treated very unfairly for many decades," Trump told reporters at the White House. Last week, Trump moved to ...
Govt taking measures for bridging gap between imports, exports
(Web Desk) ? Minister for Planning and Development Makhdoom Khusro Bakhtiar said on Tuesday that the incumbent government would bring structural reforms in the country.
Pakistan Post revenue increases Rs6 billion within a year: Murad Saeed
This was stated by Federal Minister for Communications and Postal Services Murad Saeed, that?Pakistan Post has increased its revenue by? 6 billion rupees within a year. In the month of April, the Senate of Pakistan was informed that the revenue of National Highway Authority (NHA) has increased by ten billion rupees over the last eight months. Apprising the house, ...
Motorcycles production falls 10pc to 1.6m units in 8 months
The production of light commercial vehicles (LCVs) witnessed decrease of 12.78 percent in production during the period under review by going down from 19,907 units last year to 17,363 LCVs during 2018-19. The production of jeeps and cars decreased by 1.98 percent, from 18,573 units during February 2018 to 18,206 units in February 2019.The production of tractors also witnessed ...
Illicit trade causing annual loss of Rs44b to national exchequer
Observer Report Karachi The developing countries in the world usually have an increasing rate of Human Development Index (HDI) and an increasing number of urbanization, but in Pakistan the rate of HDI is the lowest in South Asia while the urbanization is the fastest in the region. According to the 2017 census out of Pakistan?s 207.7 million population, 75.7 million ...
CASA-1000 power project to be operational by 2020: Tajik envoy
The envoy said Pakistan was facing energy shortage and Tajikistan was set to supply inexpensive electricity to Pakistan in order to congregate its potential energy needs,adding electricity would be supplied to Pakistan under CASA-1,000 MW energy project. The Ambassador said that his country was ready to assist Pakistan and provide it with all the necessary support for the development ...
PCJCCI for Chinese taxation model in Pakistan China made taxation central to economic development agenda and community uplift goals
Amraiz Khan Lahore Pakistan?s Tax system should be revamped in line with Chinese Taxation model, which is based upon growth instead of the regulatory pressures. China made Taxation central to the economic development agenda and community development goals, he said adding that China had employed Taxes as the principal means to transfer resources from private to public use. He ...
Secured transactions registry established in SECP
The Financial Institutions (Secured Transactions) Act, 2016 enacted to provide an integrated legal framework for creation of security interest over movable assets besides providing for establishment of a secured transactions registry for unincorporated entities. It is likely that the establishment of STR will improve Pakistan?s ranking in ?getting credit? indicator of the World Bank?s Ease of Doing Business index ...
IMF deal to test govt’s capability
Many businesses will march towards bankruptcy because of flawed policies of the government and majority of the masses will never acknowledge anti-people-actions of the government as directed by the IMF, said Shahid Rasheed Butt. Shahid Rasheed Butt, who has also served as President ICCI and Patron ICST, said that the IMF?s dictated exchange rate policy will result in economic ...
China, UAE, Singapore top importers of Pakistan
Among other countries, Pakistani imports from Saudi Arabia stood at $1977.522 million against $1994.299 million during last year, showing decline of 0.84 percent while the imports from Qatar were recorded at $1441.123 million against $876.047 million last year, showing rise of 64.50 percent, the data revealed.
UAE companies keen to invest in Gwadar: Envoy Pakistan, UAE discuss ways to promote trade ties
Staff Reporter Islamabad Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh Tuesday said Pakistan and United Arab Emirates (UAE) needed to realize the full potential of their ties by encouraging the private sector for the investment in the country. He was talking to the Ambassador of the United Arab Emirates, Hamad Obaid Ibrahim Salem ...
Infinix plans to introduce SMART 3 PLUS
According to our sources, Infinix has put enormous effort into crafting a phone that offers excellent value for money, and that they are all set to launch a new smartphone that targets the audience hunting for ?value.? We presume it is going to be a 4G smartphone and will be called the ?Infinix Smart 3 Plus?.
CRBC delegation visits BOI, discuses progress on Rashakai SEZ
Staff Reporter Islamabad A delegation of China Road and Bridge Cooperation (CRBC), led by Director Shi Xiaobo, visited Board of Investment (BOI) to discuss the time lines to make the Rashakai Special Economic Zone (SEZ) operational.
OGDCL discovers gas, condensate in Sindh
Staff Reporter Islamabad Oil & Gas Development Company Limited (OGDCL) has discovered Gas and condensate oil from its Exploratory cum appraisal Well Mangrio # 01 in Nim Block, located in District Tando Muhammad Khan, Sindh. The well has tested 10.44 MMSCFD gas, 120 BPD condensate through choke size 32/64? at Wellhead Flowing Pressure 2085 Psi from Lower Gru B-Sand. ...
