Search
Search Only:

Search Keyword currency

Total: 51 results found.

Page 1 of 2
...  issuance of the Pakistani rupee bond and setting up currency swap line. Mr Dar is visiting Washington to attend spring meetings of the World Bank Group and also to represent Pakistan at ...
Saturday, 12 April 2014
2. Dollar drops to Rs97
(Highlights/Business News)
... Monetary Fund (IMF) is expected to approve a third tranche of $55 million for Pakistan today. Last week the dollar dropped to Rs98.10 in the interbank market and currency dealers had predicted further ...
Monday, 24 March 2014
3.
(Highlights/Business News)
Monday, 24 March 2014
4. Uncertainty prevails in currency market
(Highlights/Business News)
Tuesday, 18 March 2014
... prices. Trade and industry stakeholders foresee price cut in various imported products as $1 is now equal to Rs100 in interbank market as compared to Rs105-106 in the last two months. The US currency ...
Wednesday, 12 March 2014
6. Rupee continues to rise against dollar
(Highlights/Business News)
... foreign currency account holders to further sell their dollars to avoid losses. Experts say that if the rupee stabilises to a certain extent, the prices of food items would decrease. Finance Minister ...
Tuesday, 11 March 2014
7. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
Friday, 28 February 2014
Friday, 28 February 2014
... .10 per cent or 4.13 points to 4,263.41. On currency markets, the dollar stood at 102.35 yen in afternoon trade in Asia, down from 102.49 yen in New York Friday. The euro was at $1.3765 and 14 ...
Monday, 24 February 2014
10.
(Highlights/Business News)
Monday, 24 February 2014
Wednesday, 19 February 2014
12. Pakistan economy improving: IMF
(Highlights/Business News)
... program remains broadly on track. The nuclear-armed nation of 180 million people faces a host of obstacles as it tries to restructure its economy and buoy its dangerously low foreign currency reserves, ...
Monday, 10 February 2014
13. ADB provides $1.7bn for trade financing
(Highlights/Business News)
... y to security challenges, weak foreign currency situation and chronic power shortages. The trade finance support facility of ADB was extending timely guarantees enabling partner banks to carry out transact ...
Thursday, 06 February 2014
... against the Japanese currency at 104.30 yen, while the euro fell to 141.17 yen from 142.10 yen. Data from Nomura confirmed a shift into the dollar against a sell-off of mainly European currencies, amid ...
Monday, 20 January 2014
15. State Bank leaves policy rate unchanged
(Highlights/Business News)
...  sell t-bills, PIBs and Sukuk in the equity market. In reply to another question, he revealed that the currency swap agreement with China was a great help to meet the challenge of serious sh ...
Monday, 20 January 2014
16. Hybrid cars to cost kitty over $5m
(Highlights/Business News)
... h means its price in local currency comes to over Rs2.1m if calculated at Rs106 per dollar value. On CR-Z, the government is also netting 30-40pc in terms of duties and taxes at retail price includi ...
Saturday, 28 December 2013
17. Reserves minus IMF tranche fall
(Highlights/Business News)
... e banks. Dealers in the inter-bank market have been complaining that the State Bank influencing the currency market by forcing large banks not to appear in the market, a move to sell least doll ...
Saturday, 28 December 2013
18. Asian shares mixed ahead of Fed decision
(Highlights/Business News)
Wednesday, 18 December 2013
19. SBP forex reserves tumble below $3bn
(Highlights/Business News)
Friday, 13 December 2013
20. Khanani and Kalia directors acquitted
(Highlights/Business News)
An additional district and sessions court on Tuesday acquitted the Khanani and Kalia (K&K) directors of charges of illegal foreign currency transactions worth billions of rupees. The FIA had ...
Wednesday, 30 October 2013
21. Reserves fall by over $1bn in a month
(Highlights/Business News)
... 4 billion during nine months. While this depletion of reserves during the period drastically devalued the local currency, it deepened the crisis which forced the government to request for emergen ...
Friday, 25 October 2013
22. Textile, clothing exports rise
(Highlights/Business News)
... s in operation since December 2012. Depreciation of Pakistani currency is also one of the pushing factors in export proceeds during the first quarter of the current fiscal year from a year ago.  ...
Wednesday, 23 October 2013
... A session, a US businessman asked the prime minister why the Pakistani currency continued to fall. Mr Sharif asked the finance minister to respond and he assured the prospective investors that the government ...
Tuesday, 22 October 2013
24. Dollar hits record amid gold ban
(Highlights/Business News)
...  in the local market but the impact was not as vast as its import had in the currency market. The gold price increased by 8 per cent to Rs55,300 per tola on Friday. There was a speculation in the bankin ...
Saturday, 31 August 2013
25. India's GDP shows continuing slowdown
(Highlights/Business News)
... prime minister said India was not facing a repeat of the crisis in 1991. Back then, India's foreign currency reserves became so depleted that it had to borrow from the International Monetary Fund to ...
Saturday, 31 August 2013
26. Dollar eases against yen and euro in Asia
(Highlights/Business News)
Friday, 30 August 2013
KARACHI: The Karachi bourse remained extremely volatile, touching an intraday high of 23,062 points but closed about 400 points down. Selling pressure in global equity and currency markets and the ...
Wednesday, 28 August 2013
...  triple the amount required to be mopped up from the open market to build foreign currency reserves. The move is aimed at appeasing the industrialists but the rupee is coming under further pressure ...
Tuesday, 27 August 2013
...  after years of worrying about the future of the single currency following bailouts of several nations - most recently, Cyprus. "I am expressly warning against a haircut," Mrs Merkel said. "It coul ...
Monday, 26 August 2013
Thursday, 22 August 2013

Forex open Market rates & comments Archive