Oil prices fall after upbeat week

NEW YORK,June 7 (Xinhua/APP):Oil prices declined on Monday, giving up some of the gains they had scored in the prior week. The West Texas Intermediate for July delivery lost 37 cents, or 0.3 percent, to settle at 118.50 U.S. dollars a barrel on the New […]

Vietnam’s automobile import down slightly in January-May

HANOI, June 7 (Xinhua/APP): Vietnam spent nearly 3.7 billion U.S. dollars on importing completely-built automobiles and components for assembly in the first five months of this year, posting a year-on-year decrease of 0.2 percent. Specifically, the country imported 55,989 completely-built automobiles worth more than 1.4 […]

National Bank of Pakistan Exchange Rates

KARACHI, Jun 07 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 200.45 199.95 EURO EUR 214.52 213.99 JAPANESE YEN JPY 1.5117 1.5079 BRITISH POUND GBP 250.73 250.10 […]

Tokyo shares open higher as yen heads south

Tokyo, June 7 (AFP/APP): Tokyo shares opened higher Tuesday as the yen trended lower, offering tailwind to exporters, while investors eyed rising US yields. Tokyo shares opened higher Tuesday as the yen trended lower, offering tailwind to exporters, while investors eyed rising US yields. The […]

Govt and SBP refute rumors of freezing FCA, RDA

Islamabad, June 06, 2022 (Online): The Government and SBP refute baseless claims circulating on social media regarding Foreign Currency Accounts, Roshan Digital Accounts and Safety Deposit Lockers. The Government of Pakistan and the State Bank of Pakistan assure all account holders maintaining Foreign Currency Accounts […]

No financial emergency in country: Miftah Ismail

ISLAMABAD, Jun 6 (APP): Federal Minister for Finance and Revenue Miftah Ismail on Monday said the government was out of financial crisis now after raising the petroleum prices twice. In a tweet, he said that Prime Minister Shehbaz Sharif would at some point announce austerity […]

Government immediately restore gas supplies to power plants

Karachi, June 6 (Online): Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded immediate restoration of full supplies of Regassified Liquified Natutal Gas (RLNG) to power plants to avert any crisis in export-oriented industries. He added that Pakistan is already struggling with an enormous trade deficit; […]