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PC completes pre-bidding process of SME Bank

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ISLAMABAD, The pre-bidding process for the privatization of SME Bank has been completed while parties interested in the transaction have been shortlisted, Privatization Commission (PC) said Thursday. According to press statement issued by the Finance Ministry, Federal Minister for Finance and Revenue, Shaukat Tarin, chaired […]

EXCHANGE RATES FOR CURRENCY NOTES

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KARACHI, CURRENCY SELLING BUYING USD 156.85 153.25 GBP 222.26 217.13 EUR 191.47 187.07 JPY 1.4301 1.3972 SAR 41.86 40.81 AED 42.71 41.72 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 0.08875 LIBOR 3M 0.12850 LIBOR 6M 0.17488 US DOLLAR Indicative FBP Rates […]

Currency rates of NBPCurrency rates of NBP

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KARACHI, Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. CURRENCY SELLING BUYING USD 156.85 153.25 GBP 222.26 217.13 EUR 191.47 187.07 JPY 1.4301 1.3972 SAR 41.86 40.81 AED 42.71 41.72 […]

Foreign Currency Account Scheme

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KARACHI, The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Thursday. FOREIGN CURRENCY ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE DATE AUTHORIZED DEALERS U.S. DOLLARS […]

Foreign exchange rates

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KARACHI, The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Thursday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR […]

SCO officials call for strengthening connectivity to boost economic cooperation

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BEIJING, Officials from Shanghai Cooperation Organization (SCO) countries agreed to take measures, including strengthening connectivity, pushing forward e-commerce, building unified payment system, and deepening trade cooperation between member countries in order to offset the blow brought by COVID-19. Against the backdrop of the transformation of […]

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