EFU Managed Growth Fund Rates on Wednesday (May 20, 2015).

Interior Minister Chaudhry Nisar Ali Khan on Wednesday said that law enforcement agencies have arrested the mastermind and four other terrorists involved in Safoora Goth incident in Karachi. Interior Minister talking to media persons outside Parliament Ho

EFU Managed Growth Fund Rates on Wednesday (May 20, 2015).

EFU Managed Growth Fund Rates on Wednesday (May 20, 2015).

JLI Yaqeen Growth Fund Rates on Wednesday (May 20, 2015).

JLI Yaqeen Growth Fund Rates on Wednesday (May 20, 2015).

JLI Yaqeen Growth Fund Rates on Wednesday (May 20, 2015).

JLI Meeseq Fund Rates on Wednesday (May 20, 2015).

JLI Meeseq Fund Rates on Wednesday (May 20, 2015).

JLI Meeseq Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 20, 2015).

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 20, 2015).

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 20, 2015).

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 20, 2015).

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 20, 2015).

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (May 20, 2015).

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (May 20, 2015).

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (May 20, 2015).

Interest rates on old and incremental FCY deposits on Wednesday (May 20, 2015).

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (May 20, 2015).

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 20, 2015).

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (May 20, 2015).

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (May 20, 2015).

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

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

The fluctuations observed during the day:

The fluctuations observed during the day:

All timings are in PST (Pakistan Standard Time).

On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.84 billion. The number of lots traded was 13,602. PMEX Commodity Index closed at 2,725. Major business was contributed by crude oil amounting to PKR 1.56 billion followed by gold (PK

China will lift a ban on Indian rapeseed meal imposed three years ago due to quality concerns, China's quarantine authority said on Wednesday. Both countries had signed a sanitary protocol and agreed to ensure Indian meal meets Chinese standards, China's

The Karachi Port handled 94,551 tonnes of cargo comprising 75,922 tonnes of import cargo and 18,629 tonnes of export cargo including 3,838 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 75

Spot basis bids for soyabeans rose at processors around the US Midwest on Tuesday, supported by slow country movement of the oilseed. Processors were looking to boost crushing supplies following weeks of slow sales, dealers said. Elevator bids for soyabea

Export premiums for soyabeans shipped from the US Gulf Coast were mostly steady on Tuesday, with old-crop values underpinned by scattered demand despite bumper crops and lower prices in South America, traders said. The US Agriculture Department on Tuesday

ICE Canadian canola futures climbed to a one-week high on Tuesday, supported by fears of freeze damage over the long holiday weekend and a weaker Canadian dollar, traders said. Gains were limited, however, by weakness in Chicago Board of Trade soyabeans a

Abundant rainfall and sunshine across most of Ivory Coast's main cocoa growing regions last week were expected to contribute to healthy main-crop production, farmers said on Monday. The world's largest cocoa producer is in the midst of its smaller April-t

US natural gas futures slid on Tuesday to end down more than 2 percent, after climbing in early trade to a four-month high and then reversing course after forecasters called for weaker demand and stronger production. Front-month gas futures on the New Yor

Russia's wheat export prices are unlikely to rise following the removal of a state export tax because traders need to clear stocks before the start of the new season, analysts said. Last Friday the government lifted the duty on wheat exports, initially se

Falling trend was seen on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The May vaida closed at Rs 1750.30 on Tuesday and it commenced with a decline of 30 paisa at Rs 1750.00 in the morning session, they said

Trading activity improved marginally on the cotton market on Wednesday amid persistent demand by mills and spinners amid short supply of lint cotton, dealers said. The official spot rate was unchanged at Rs 5500, dealers said. In the ready session, over 3

Ukrainian farmers had sown 6.5 million hectares of spring grain for 2015 harvest as of May 19, or 92 percent of the initial sowing area, the agriculture ministry said on Wednesday. The pace of this year's sowing is lower than in 2014, when farmers had sow

Modest trading was seen on the wholesale grain market on Wednesday in the process of trading, dealers said. On the cereals side, Makai was down by Rs 25 to Rs 2600-2625, Masoor Dall Canada, however, was higher by Rs 100 to Rs 12200-12600, other commoditie

A con man who swindled dozens of French banks and businesses into giving him millions of euros by pretending to be their boss or a secret service agent, was sentenced in absentia to seven years in jail on Wednesday. Gilbert Chikli, 49, who fled to Israel

The city of Los Angeles voted Tuesday to increase minimum wage from $9 to $15 an hour in a move that is expected to boost quality of life for hundreds of thousands of its residents. Officials will begin increasing minimum wage gradually beginning July 201

Norway's economy grew faster in the first quarter than the central bank and analysts had expected, data from Statistics Norway showed on Wednesday, but economists still expect a June interest rate cut. Investment cuts by oil firms had been expected to tak

Hormel Foods Corp, the maker of Spam lunch meat, said it expected sales at its Jennie-O Turkey Store business to fall about 15 percent in the second half of the year, due to a supply shortfall caused by an avian flu outbreak in the United States. However,

Home Depot Inc reported higher-than-expected quarterly profit and sales on Tuesday and raised its full-year forecast as North American customers spent more on home repairs after a harsh winter. The world's No 1 home improvement chain said strong housing c

Home Depot Inc reported higher-than-expected quarterly profit and sales on Tuesday and raised its full-year forecast as North American customers spent more on home repairs after a harsh winter. The world's No 1 home improvement chain said strong housing c

The head of Britain's biggest business lobby will make his case in favour of European Union membership in a speech on Wednesday amid heated debate about an in-or-out referendum to be held by 2017. In a speech at the group's annual dinner, Confederation of

Deutsche Bank has launched a review to decide whether to relocate some operations to Germany if Britain votes to leave the European Union in a planned referendum, a spokesman said on Tuesday. Germany's biggest lender has set up a working group to formally

Lowe's Cos Inc, the No 2 US home improvement chain by sales, reported lower-than-expected quarterly earnings on Wednesday as a long, harsh winter hurt sales growth, sending its shares down more than 5 percent. Lowe's performance during the first quarter i

Lowe's Cos Inc, the No 2 US home improvement chain by sales, reported lower-than-expected quarterly earnings on Wednesday as a long, harsh winter hurt sales growth, sending its shares down more than 5 percent. Lowe's performance during the first quarter i

US healthcare conglomerate Johnson & Johnson said on Wednesday it expects to submit more than 10 new medicines with annual revenue potential of at least $1 billion each to regulators by 2019, and is testing dozens of new uses for existing medicines. J&J s

Japan's economy grew more than expected in the first quarter, data showed Wednesday, as it crawls back from a brief recession, but observers cautioned that a full recovery may still be some way off. The 0.6 percent on-quarter expansion was bigger than rev

US securities regulators hit Australia's mining giant BHP Billiton with a $25 million penalty Wednesday for violating a bribery law by treating foreign officials to trips to the 2008 Summer Olympics. The Securities and Exchange Commission said BHP paid fo

Renault launched a new budget car in India on Wednesday, seeking to expand its foothold in the huge but highly competitive market. Renault chief executive Carlos Ghosn described the Kwid as "a car for conquest" designed to deliver high-volume sales as the

Turkey's central bank on Wednesday kept its main interest rates unchanged, in a widely anticipated move just over two weeks ahead of June 7 elections. The central bank is keeping a careful eye on inflation while also trying not to provoke President Recep

China's central bank is introducing a registration system for banks and other financial firms to trade the interbank debt market, scrapping administrative approvals in line with Beijing's push to cut red tape. Simplifying business procedures and snipping

China's central bank is introducing a registration system for banks and other financial firms to trade the interbank debt market, scrapping administrative approvals in line with Beijing's push to cut red tape. Simplifying business procedures and snipping

Four towns in Tunisia's main phosphate-producing region began a general strike on Wednesday to protest against unemployment, as figures showed industrial activity fell sharply in early 2015. Hundreds of people took to the streets of Metlaoui, Om Lrayes, M

European telecoms group Altice has agreed to buy US regional cable company Suddenlink Communications for $9.1 billion, making a first move across the Atlantic and setting the stage for further deals there. In addition to Suddenlink, the seventh-largest US

As the wind whistles through half-finished skyscrapers and over empty boulevards, a development billed as China's answer to Manhattan at times bears out the "ghost town" label some have given it. Chinese officials hope the towers of the Yujiapu Financial

US agriculture and seed giant Monsanto said Wednesday that it would sell Syngenta's seeds and traits assets to address regulatory concerns if the Swiss company accepts its takeover offer. In a statement ahead of its annual investors conference, Monsanto o

The International Monetary Fund called Tuesday for more donor aid to support the recovery of the West Bank and Gaza Strip economy, citing an uncertain outlook for the Palestinian territories. The IMF said in a report that the reconstruction process in the

Online attacks by ever-skilful hackers are a growing threat to the stability of the US financial system, according to a report by a top-level government panel released Tuesday. The 2015 report by the Financial Stability Oversight Council said that althoug

Gulf stock markets were mixed on Wednesday as oil prices failed to recover the previous day's losses, while Egypt's bourse pulled back following a broad rally prompted by a decision to delay the unpopular capital gains tax. Brent oil fell over 3 percent o

Tokyo stocks closed at a fresh 15-year high Wednesday on a weaker yen and solid Japanese growth data, but auto parts giant Takata tumbled after a recall of US cars with potentially deadly airbags was widened. The Nikkei 225 index at the Tokyo Stock Exchan

Indian shares closed at their highest level in nearly one month on Wednesday as bluechips advanced on resumption of buying by foreign investors, while forecast of a timely monsoon continued to raise hopes the central bank would lower interest rates in Jun

US stocks were little changed, staying near their record highs, in quiet afternoon trading on Wednesday as investors await the minutes from last month's Federal Reserve meeting for hints on when interest rates will be increased. Stock market volumes have

US stocks ended mixed on Tuesday, with the Dow rising marginally to a second straight record high, as Wall Street digested housing data that some saw as hopeful for an economy struggling to grow. US housing starts jumped to their highest level in nearly 7

US Treasuries prices fell for a second day on Tuesday in choppy trading on a wave of corporate bond supply and upbeat housings starts data that revived expectations the Federal Reserve may increase interest rates later this year. Traders scaled back their

US Treasuries prices fell for a second day on Tuesday in choppy trading on a wave of corporate bond supply and upbeat housings starts data that revived expectations the Federal Reserve may increase interest rates later this year. Traders scaled back their

Hong Kong stocks ended mixed on Wednesday, with the benchmark Hang Seng index sagging but an index tracking Chinese companies firmer, helped by strength in mainland stocks. The Hang Seng fell 0.4 percent to 27,585.05 points, while the China Enterprises In

China stocks climbed on Wednesday, energised by a surge in tech-heavy, Shenzhen-listed shares after the city's bourse dramatically expanded the number of firms in a benchmark index. The CSI300 index of the largest listed companies in Shanghai and Shenzhen

European shares edged higher on Wednesday, extending the previous session's gains, with the telecoms sector getting a big lift from deal-making and takeover talk. The pan-European FTSEurofirst 300 index closed 0.5 percent higher at 1,613.60 points, adding

Australian shares slid to a 3-1/2-month low on Wednesday as falling commodity prices pushed down mining and energy stocks. Investors looked past a survey showing a measure of Australian consumer sentiment surged in May following this month's interest rate

Indonesia's key stock index hit a near four-week closing high on Wednesday amid optimism about central bank measures to ease lending requirements while Thai construction shares gained after the government unveiled plans on key infrastructure projects. Jak

Britain's top share index climbed back towards earlier record highs on Wednesday, buoyed by gains in major bank stocks and after bid speculation lifted the shares of mobile network operator Vodafone. The bluechip FTSE 100 index ended up 0.2 percent at 7,0

Sri Lanka's central bank allowed the rupee to fall by 0.15 percent on Wednesday by guiding a daily trading band lower for the second straight session, the fifth downward adjustment since April 30, a move dealers said reflected lower domestic interest rate

The dollar hit a two-month high versus the yen on Wednesday after strong housing data offered signs that the US economy may be recovering from a weak first quarter. The dollar rose as high as 120.98 yen, its strongest level since March 20, before paring s

The dollar touched a three-week high against the euro before halting on Wednesday, a third day of gains adding to a growing sense the US currency may be ready for another run higher after its weakest period in four years. Another push below $1.10 per euro

The dollar hit a three-week high against the euro and a two-month peak versus the yen on Wednesday, extending a rebound rally underpinned by European Central Bank plans to frontload its quantitative easing program in a move to keep interest rates low. "Th

The dollar rose on Tuesday on unexpectedly better US April housing data, compounding an earlier euro sell-off that was spurred by hints the European Central Bank could take more action to lower euro zone bond yields and boost inflation. US housing starts

Interbank buy/sell rates for the taka against the dollar on Wednesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.30-7.50 percent (* Previous 05.05-07.50 percent). (* revised).

South Africa's rand firmed against the dollar on Wednesday after softer-than-expected inflation bolstered the case for local lending rates to remain on hold. At 1526 GMT the rand gained 0.37 percent to 11.8640 per dollar, pulling away from the crucial 12.

Most emerging Asian currencies slid on Wednesday as the dollar broadly rallied with solid US housing data reviving expectations that the Federal Reserve would raise interest rates later this year. South Korea's won fell as the yen weakened past 120 per do

China's yuan firmed on Wednesday as corporate dollar buying helped to offset a weaker guidance rate set by the central bank, indicating clients are inclined to hold more dollars, traders said. The People's Bank of China (PBOC) set the midpoint rate at 6.1

Sterling rallied against the dollar and euro on Wednesday after minutes from the latest Bank of England meeting showed that two policymakers who voted to keep interest rates on hold made finely balanced decisions. Minutes of the Monetary Policy Committee'

The Australian and New Zealand dollars hovered near one-week lows on Wednesday on broad US dollar strength after upbeat US housing data raised expectations of an interest rate hike by the Federal Reserve. The Australian dollar edged up to $0.7924, from a

The controversies surrounding Qatar's hosting of the football 2022 World Cup may continue unabated but so too do the country's preparations for the tournament itself. "I can say we are on schedule," tournament chief Hassan Al-Thawadi told AFP earlier this

Chelsea midfielder Cesc Fabregas's suspension for kicking the ball at West Bromwich Albion's Chris Brunt has been reduced from three matches to one, the Football Association announced on Wednesday. Fabregas was shown a straight red card during Chelsea's 3

French champions Paris Saint-Germain pay their players higher salaries than any other team in world sport, according to figures published on Wednesday. The Global Sports Salaries Survey for 2015 produced by the website Sporting Intelligence found that PSG

India on Wednesday selected Harbhajan Singh for a one-off Test in Bangladesh next month, ending the veteran off-spinner's two-year absence from the international game. The 34-year-old, whose 413 wickets in 101 Tests make him the most successful current sp

America's David Oliver ran the season's quickest 110m hurdles of 13.15sec on Wednesday as the Beijing World Challenge was overshadowed by a row involving controversial sprinter Justin Gatlin. Oliver, three months before he intends to return to the Bird's

A mixture of boos and calls for him to stay greeted Liverpool and England forward Raheem Sterling when he received the club's Young Player of the Year award on Tuesday a day after it emerged he wants a transfer. The 20-year-old - who joined Liverpool from

New Zealand captain Brendon McCullum said the fact several key members of his side had only recently arrived in London from the very different conditions of the Indian Premier League could not be used as an excuse come Thursday's first Test against Englan