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Markets » Currency

Greek PM rejects ''absurd'' proposal from lenders
Currency

Greek PM rejects ''absurd'' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
Greek PM rejects 'absurd' proposal from lenders
Currency

Greek PM rejects 'absurd' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
Greek PM rejects 'absurd' proposal from lenders
Currency

Greek PM rejects 'absurd' proposal from lenders

Athens delayed a 300 million euro payment to the International Monetary Fund on Friday and Prime Minister Alexis Tsipras spurned an "absurd" proposal from lenders in the impasse that threatens to push Greece into bankruptcy and out of the euro. In a speec
Published 06 Jun, 2015 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

KARACHI: A kind of firmness prevailed on the money market on Thursday as the rupee moved up against the dollar ahead of budget 2015-16, they said. The rupee firmly held the overnight level in relation to the dollar for buying and selling at Rs 101.87 and
Published 05 Jun, 2015 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

KARACHI: A kind of firmness prevailed on the money market on Thursday as the rupee moved up against the dollar ahead of budget 2015-16, they said. The rupee firmly held the overnight level in relation to the dollar for buying and selling at Rs 101.87 and
Published 05 Jun, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (June 04, 2015).
Published 05 Jun, 2015 12:00am
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 Thursday (June 04, 2015).

Published 05 Jun, 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 05 Jun, 2015 12:00am
Tokyo shares higher
Currency

Tokyo shares higher

Tokyo stocks gave up most of their early gains Thursday but still ended in positive territory after two days of losses, as exporters were supported by a weak yen. The benchmark Nikkei 225 index at the Tokyo Stock Exchange edged up 0.07 percent, or 14.68 p
Published 05 Jun, 2015 12:00am
Yuan weakens marginally
Currency

Yuan weakens marginally

China's yuan weakened slighly on Thursday after reforms to further open the onshore repurchase agreement (repo) market to foreigners, but analysts expect the currency to remain range bound for the next few months ahead of an International Monetary Fund re
Published 05 Jun, 2015 12:00am
Euro rallies in Asia
Currency

Euro rallies in Asia

The euro's rally against the dollar took a breather on Thursday but it touched a fresh five-month high against the yen, after the head of the European Central Bank played down the impact of higher market rates and triggered a spike in German yields. Cauti
Published 05 Jun, 2015 12:00am
Euro powers past $1.13 in Europe
Currency

Euro powers past $1.13 in Europe

The euro rallied across the board on Thursday as German Bund yields reached eight-month highs, extending gains made after the European Central Bank played down the impact of bond market volatility. Having recorded their biggest two-day gains since 1998, 1
Published 05 Jun, 2015 12:00am
Dollar slips against euro in New York
Currency

Dollar slips against euro in New York

The US dollar hit its lowest against the euro in over two weeks on Wednesday after the European Central Bank kept monetary policy steady despite recent market volatility and Bund yields extended their rise. The ECB sees no reason to adjust its monetary po
Published 05 Jun, 2015 12:00am
Sri Lankan rupee forwards rise
Currency

Sri Lankan rupee forwards rise

Sri Lankan rupee forwards ended firmer on Thursday, gaining for a third straight day on dollar sales amid expectation that the unit would rise further due to expected inflows, while the spot currency traded steady as a state-run bank sold the greenback, d
Published 05 Jun, 2015 12:00am
Asian forex: Rupiah slides to 17-year low
Currency

Asian forex: Rupiah slides to 17-year low

The Indonesian rupiah hit a 17-year low versus the dollar on Thursday as Asian currencies slipped in the wake of a rise in US bond yields and due to caution ahead of US jobs data. The rupiah fell to 13,290 versus the dollar, its lowest since August 1998,
Published 05 Jun, 2015 12:00am
Sterling hits four-week low to euro
Currency

Sterling hits four-week low to euro

Sterling fell to its weakest in four weeks against a buoyant euro on Thursday, with rate differentials moving in favour of the single currency as German Bund yields surged to their highest since September. The spike overshadowed Thursday's monetary policy
Published 05 Jun, 2015 12:00am
Public debt reaches Rs 16.94 trillion by end-March
Currency

Public debt reaches Rs 16.94 trillion by end-March

Public debt reached Rs 16.94 trillion by end-March 2015 showing an increase of Rs 940 billion during first nine months of current fiscal year as compared to Rs 15.99 trillion during the same period last year, revealed the Economic Survey 2014-15 released
Published 05 Jun, 2015 12:00am
CIC swells by 15.1 percent in fiscal year 2015
Currency

CIC swells by 15.1 percent in fiscal year 2015

Currency in Circulation (CIC) continued to accelerate during the ongoing fiscal year mainly due to higher government borrowing. Currency in circulation accelerated by 15.1 percent during July 1, 2014 to May 8, 2015 against the growth of 14.2 percent durin
Published 05 Jun, 2015 12:00am
Economic Survey: numbers are sacrosanct?
Currency

Economic Survey: numbers are sacrosanct?

The inconsistency was visible in Dar's presentation of the economic scorecard of the outgoing fiscal year. He demanded all credit and applause for indicators that improved and was tight lipped on poor performance. Nothing wrong in taking all credit for go
Published 05 Jun, 2015 12:00am
Economic Survey: numbers are sacrosanct?
Currency

Economic Survey: numbers are sacrosanct?

The inconsistency was visible in Dar's presentation of the economic scorecard of the outgoing fiscal year. He demanded all credit and applause for indicators that improved and was tight lipped on poor performance. Nothing wrong in taking all credit for go
Published 05 Jun, 2015 12:00am