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Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 10, 2015).

Published 11 Jul, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 11 Jul, 2015 12:00am
ART FACTS: Novel contemporary impressions
Currency

ART FACTS: Novel contemporary impressions

Pulsating with life's philosophy titled "Milestone" a group exhibition marks the first anniversary of Sanat Gallery, Karachi. The exhibition comprises the works of selected 13 artists who've been participating in a residency, solo show or group exhibition
Published 11 Jul, 2015 12:00am
Turkmenistan axes top officials as energy price drops bite
Currency

Turkmenistan axes top officials as energy price drops bite

Turkmenistan's president has dismissed several senior officials overseeing the economy as the central Asian state grapples with lower energy prices, state media reported Friday. Strongman President Gurbanguly Berdymukhamedov on Thursday fired the deputy p
Published 11 Jul, 2015 12:00am
Malaysia keeps policy rate on hold, sees growth moderating
Currency

Malaysia keeps policy rate on hold, sees growth moderating

Malaysia's central bank held its overnight policy rate at 3.25 percent on Thursday, keeping policy steady while the country and its markets were rocked by corruption allegations against Prime Minister Najib Razak. The central bank's decision was as expect
Published 11 Jul, 2015 12:00am
Nikkei declines
Currency

Nikkei declines

Tokyo's benchmark index closed 0.38 percent lower Friday, giving up early gains despite a rally in Chinese shares as investors retreated to the sidelines ahead of a make-or-break European summit on Greece. The Nikkei 225 at the Tokyo Stock Exchange lost 7
Published 11 Jul, 2015 12:00am
Treasury debt prices drop
Currency

Treasury debt prices drop

US Treasury debt prices fell on Thursday as China's beaten-down stock markets rose after recent huge falls and Wall Street bounced back from sharp losses. Yields on long-term Treasuries backed away from five-week lows reached this week on worries about th
Published 11 Jul, 2015 12:00am
Treasury debt prices drop
Currency

Treasury debt prices drop

US Treasury debt prices fell on Thursday as China's beaten-down stock markets rose after recent huge falls and Wall Street bounced back from sharp losses. Yields on long-term Treasuries backed away from five-week lows reached this week on worries about th
Published 11 Jul, 2015 12:00am
Offshore Chinese yuan rises
Currency

Offshore Chinese yuan rises

The Chinese yuan in the offshore market steadied on Friday as shares in Hong Kong and mainland China rallied strongly for a second straight day following a slew of support measures from Beijing over the past week. In early trades on Friday, offshore yuan
Published 11 Jul, 2015 12:00am
Euro surges, yen slips in Asia
Currency

Euro surges, yen slips in Asia

The euro firmed on Friday, while the safe-haven yen slipped as risk appetite warmed a touch on an extended rebound in Chinese shares and signs that Greece was making some progress in its efforts to secure fresh funding. The common currency climbed 1.1 per
Published 11 Jul, 2015 12:00am
Euro jumps across the board in Europe
Currency

Euro jumps across the board in Europe

The euro rose across the board on Friday, jumping 2 percent against the yen, on optimism that Greece was making progress in its efforts to secure funding and stay in the single currency. The yen and Swiss franc, currencies which tend to do well during tur
Published 11 Jul, 2015 12:00am
Early trade in New York: Euro rises broadly
Currency

Early trade in New York: Euro rises broadly

The euro advanced across the board on Friday, jumping more than 2 percent against the yen, on optimism Greece was making progress in efforts to secure funding and stay in the euro zone. The yen and the Swiss franc, which tend to do well during turmoil in
Published 11 Jul, 2015 12:00am
Yen, Swiss franc weaken in New York
Currency

Yen, Swiss franc weaken in New York

The safe-haven yen and Swiss franc fell on Thursday after Chinese stocks rebounded and worries about Greece eased somewhat as Europe awaited reform proposals from the debt-burdened country to back its request for another three-year loan. The 6 percent gai
Published 11 Jul, 2015 12:00am
Sri Lankan rupee steady
Currency

Sri Lankan rupee steady

The Sri Lankan rupee ended steady for a sixth straight session on Friday in dull trade as demand for more dollars by importers was offset by selling of the greenback at 133.60 by a state-run bank, dealers said. The state-owned bank, through which the cent
Published 11 Jul, 2015 12:00am
Asia FX recover slightly
Currency

Asia FX recover slightly

Most emerging Asian currencies rose on Friday as risk appetite improved as Chinese stocks rallied for a second day and hopes that Greece's can reach a deal with its creditors in talks over the weekend. Despite the rise regional currencies were still set t
Published 11 Jul, 2015 12:00am
Sterling tracks euro higher
Currency

Sterling tracks euro higher

Sterling climbed above $1.55 on Friday, drawing support from a rally in the euro on optimism that Greece was making progress in its efforts to secure more funding and stay in the currency union. The British currency had fallen to a one-month low earlier i
Published 11 Jul, 2015 12:00am
Aussie, New Zealand dollar continue gains
Currency

Aussie, New Zealand dollar continue gains

The Australian and New Zealand dollars continued to gain on Friday, recovering from a sell-off earlier in the week as Greece put forward new reform proposals and Chinese stocks rebounded for a second session. The Australian dollar rose 0.4 percent to $0.7
Published 11 Jul, 2015 12:00am
EU's Tusk urges debt relief as part of Greek deal
Currency

EU's Tusk urges debt relief as part of Greek deal

The European Union's chairman joined growing international calls for Greece to be granted debt restructuring as part of any new loan deal if it delivers convincing reforms to avert imminent bankruptcy. The call was an implicit challenge to Germany, Athens
Published 10 Jul, 2015 12:00am
PepsiCo profit, revenue beat estimates
Currency

PepsiCo profit, revenue beat estimates

PepsiCo Inc reported better-than-expected quarterly profit and sales and recorded revenue growth in its Americas beverages business for just the second time in nearly four years, helped by higher demand and an increase in prices. The company also raised i
Published 10 Jul, 2015 12:00am
PepsiCo profit, revenue beat estimates
Currency

PepsiCo profit, revenue beat estimates

PepsiCo Inc reported better-than-expected quarterly profit and sales and recorded revenue growth in its Americas beverages business for just the second time in nearly four years, helped by higher demand and an increase in prices. The company also raised i
Published 10 Jul, 2015 12:00am
Yen gives up gains in Asia
Currency

Yen gives up gains in Asia

The yen surrendered some of its gains on Thursday as a smidgen of stability returned to recently volatile Chinese stock markets, and investors locked in gains after the Japanese currency's biggest one-day rally against the greenback this year. The dollar
Published 10 Jul, 2015 12:00am
Yen retreats, Aussie gains in Europe
Currency

Yen retreats, Aussie gains in Europe

The yen surrendered some of this week's gains and the Australian dollar gained on Thursday after Chinese stocks showed signs of stemming a rout that has rippled through global markets. The 6 percent gain in Shanghai shares was enough to prompt some optimi
Published 10 Jul, 2015 12:00am
Early trade in New York: Yen, Swiss franc slide
Currency

Early trade in New York: Yen, Swiss franc slide

The safe-haven yen and Swiss franc fell on Thursday after Chinese stocks rebounded and worries about Greece eased somewhat as Europe awaited reform proposals from the debt-burdened country to back its request for another three-year loan. The 6 percent gai
Published 10 Jul, 2015 12:00am
Yen advances against dollar in New York
Currency

Yen advances against dollar in New York

The yen rose to a seven-week high against the dollar on Wednesday, as investors bought the Japanese currency for safety, spooked by plunging Chinese stocks and the still unresolved Greek debt crisis. The low-yielding yen, used as a funding currency to buy
Published 10 Jul, 2015 12:00am
Sri Lankan rupee steady
Currency

Sri Lankan rupee steady

The Sri Lankan rupee ended steady for a fifth straight session on Thursday as demand for more dollars by importers was offset by selling of the greenback at 133.60 by banks and exporters, dealers said. One of the state-owned banks, through which the centr
Published 10 Jul, 2015 12:00am
China's stock rebound lifts Asia FX
Currency

China's stock rebound lifts Asia FX

Most emerging Asian currencies rebounded on Thursday as Chinese stocks turned higher, easing concerns over its market rout for now, while Malaysia's ringgit edged up as authorities again intervened to prop up the regiona's worst-performing unit. Chinese s
Published 10 Jul, 2015 12:00am
Egyptian pound steady
Currency

Egyptian pound steady

Egypt's central bank held the Egyptian pound steady at 7.73 to the dollar at a foreign exchange auction on Thursday following a depreciation over the past week, while the currency weakened on the parallel market. The central bank said it had offered $40 m
Published 10 Jul, 2015 12:00am