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Business
SBP Injects Rs 10.47 Trillion into Market
APP
Karachi: State Bank of Pakistan (SBP), Friday injected Rs 10,470.5 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO) cumulatively.
According to OMO results…
NBP Exchange Rates
APP
Karachi: Treasury Management Division of National Bank of Pakistan (NBP) on Friday announced the following exchange rates.
CURRENCY SYMBOL TT Selling TT Buying
U.S. DOLLAR USD 278.50 278.00
EURO EUR 301.95 301.41
JAPANESE…
Asian Markets Bounce After Tough Week as US Inflation Looms
AFP/APP
Hong Kong:Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.
The readings came ahead of the…
Gold Becomes Cheaper by Rs 1500 per Tola
News Desk
Islamabad: The price of gold has decreased by Rs 1500 per tola in the country today.
According to the All Pakistan Gems and Jewelers Association, the price per tola has dropped by Rs 1500, bringing the new price to Rs…
Tokyo Stocks Open Flat
AFP/APP
Tokyo:Tokyo stocks opened flat on Wednesday after shares on Wall Street ended mixed.
The benchmark Nikkei 225 index was up 0.03 percent, or 12.52 points, at 38,867.89 in early trade, while the broader Topix index was down 0.05…
Samsung Electronics Union announces first-ever strike
AFP/APP
Seoul: A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time ever, potentially threatening key global semiconductor…
Tokyo’s Key Nikkei Index Closes Lower
AFP/APP
Tokyo:Tokyo's main stock index closed lower on Tuesday, in line with broad losses in Asia, as investors look ahead to the release of key US inflation data.
The benchmark Nikkei 225 fell 0.11 percent, or 44.65 points, to…
PSX Witnesses Bearish Trend, Loses 465 Points
APP
Islamabad: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Monday, losing 465.55 points, a negative change of 0.61 per cent, closing at 75,517.49 points against 75,983.04 points the previous day.
A…
Rupee Sheds 10 Paisa Against Dollar
APP
Islamabad: Pakistani Rupee on Monday lost 10 paisa against US dollar in the interbank trading and closed at Rs 278.30 against the previous day’s closing at Rs 278.20.
According to the Forex Association of Pakistan (FAP), the…
Foreign Exchange Rates
News Desk
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following exchange rates bulletin on Monday.
Conversion Rates for May 27, 2024, for Foreign Currency for Forward Cover for…