FPCCI, Morocco agrees for promotion of trade, investment

ISLAMABAD, (APP):The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and the Kingdom of Morocco on Monday agreed for promoting bilateral trade and investment promotion and also to exchange of business delegations. Ambassador of the Kingdom of Morocco to Pakistan, Mohamed Karmoune visited FPCCI […]

BOI to launch reforms for improving Pakistan’s EODB ranking

ISLAMABAD, (APP):The Board of Investment (BOI) has decided to launch reforms for further improve Pakistan’s Ease of Doing Business (EODB) ranking to provide conducive business environment for foreign investment in the country. The BOI to launch ‘7th Reform Action Plan’ that will further improve Pakistan’s […]

Pakistan’s regional exports increase 20.50% in July 2022

ISLAMABAD, Pakistan’s exports to the seven regional countries witnessed an increase of 20.50 percent in first months of current financial year (2021-22) as compared to the corresponding month of last year. The country’s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, […]

PSO rebuffs media reports of cancelling LNG cargo supply contract

ISLAMABAD, (APP):Pakistan State Oil (PSO) on Sunday vehemently rebuffed certain media reports about dropping or cancelling long term liquefied natural gas (LNG) supply contract. A spokesman of national flag bearer said in a statement that PSO had not cancelled or dropped the long term cargo […]

Currency rates of NBP

KARACHI, Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 166.30 162.51 GBP 226.63 221.44 EUR 194.30 190.20 JPY 1.5154 1.4808 SAR 44.39 43.28 AED 45.29 44.53 […]

NBP Exchange Rates

KARACHI, Treasury Management Division of National Bank of Pakistan (NBP) on Friday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 164.65 164.15 EURO EUR 192.70 192.12 JAPANESE YEN JPY 1.5004 1.4958 BRITISH POUND GBP 224.39 223.71 SWISS FRANC CHF […]

Foreign exchange rates

KARACHI, The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Friday. 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 […]

ADB approves $235 mln to upgrade highway

ISLAMABAD, The Asian Development Bank (ADB) has approved a $235 million loan to further upgrade a national highway in Pakistan, crucial to regional connectivity and strengthen the government’s operation and maintenance of national highways network. The project will expand the 222-kilometer Shikarpur–Rajanpur section of the […]

Sri Lanka raises rates as rupee falls to record low

Colombo, :Sri Lanka’s central bank raised interest rates for the first time in nearly three years Thursday as the rupee hit a record low amid a crippling foreign exchange shortage. With the country of 21 million already facing shortages of imported cooking gas and sugar […]