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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-05-30
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 29, 2019).
Published 30 May, 2019 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

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
Published 30 May, 2019 12:00am
State Bank of Pakistan conversion rates
Exchange

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 30 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 May, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 May, 2019 12:00am
Cotton prices scale over two-week peak
Cotton

Cotton prices scale over two-week peak

Cotton prices rose more than 1% on Tuesday, to their highest level in over two weeks, as investors covered short positions, while unfavourable weather in crop planting areas across states supported prices. Cotton contracts for July settled up 1.08 cent, o
Published 30 May, 2019 12:00am
Copper hits near five-month low after China-US tension flares
Exchange

Copper hits near five-month low after China-US tension flares

Copper prices slumped to the lowest in almost five months on Wednesday on fears an escalation in US-China trade tension will damage economic growth and curb metals demand. Reports in Chinese newspapers that the world's second biggest economy was ready to
Published 30 May, 2019 12:00am
Tokyo rubber up
Exchange

Tokyo rubber up

Tokyo Commodity Exchange (TOCOM) futures rose for a fourth straight session on Wednesday, with the benchmark contract for November delivery finishing 0.4 yen, or 0.2%, higher at 193 yen per kg. The most-active rubber contract on the Shanghai futures excha
Published 30 May, 2019 12:00am
Palm oil rises over 2 percent
Exchange

Palm oil rises over 2 percent

Malaysian palm oil futures rose over 2% in evening trade on Wednesday, tracking gains in US soyaoil on the Chicago Board of Trade and supported by a weaker ringgit. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exch
Published 30 May, 2019 12:00am
Arabica coffee climbs to 3-1/2 months high; sugar up
Currency

Arabica coffee climbs to 3-1/2 months high; sugar up

Arabica coffee futures on ICE rose to 3-1/2 month high on Wednesday, extending their recent rebound from a 13-1/2 year low earlier in May, boosted by technically driven buying and a strengthening in Brazil's real currency. July arabica coffee was 2.0 cent
Published 30 May, 2019 12:00am
Gold slips in New York
Currency

Gold slips in New York

Gold on Tuesday slipped from the previous session's one-week peak, pulled down by a firm dollar as the currency was the preferred safe-haven amid uncertainty over US-China trade tensions. Spot gold fell 0.5% to $1,278.12 per ounce by 2 p.m. ET (1800 GMT),
Published 30 May, 2019 12:00am
Gold surges in Asia
Exchange

Gold surges in Asia

Gold prices firmed on Wednesday as signs of an escalating trade war made investors risk averse, but a buoyant dollar capped the metal's upside. Spot gold was up 0.2% at $1,281.59 per ounce, as of 0607 GMT. In the previous session, the metal slipped from a
Published 30 May, 2019 12:00am
Gold gains in Europe
Exchange

Gold gains in Europe

Gold prices rose alongside other safe-haven assets on Wednesday as the trade rift between the United States and China showed no sign of cooling, with investors fearing a global economic slowdown. Spot gold rose 0.2% to $1,281.03 per ounce by 10:35 a.m. ED
Published 30 May, 2019 12:00am
US MIDDAY: corn, soyabean futures rally

US MIDDAY: corn, soyabean futures rally

US soyabean futures rose 2.2 percent on Wednesday, hitting their highest since mid-April on support from concerns that planting delays in the US Midwest will lead to a sharp cutback in acreage as well as harvest yields, traders said. Corn futures also wer
Published 30 May, 2019 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold prices rose alongside other safe-haven assets on Wednesday as the trade rift between the United States and China showed no sign of cooling, with investors fearing a global economic slowdown. Spot gold rose 0.2% to $1,281.30 per ounce by 1:54 p.m. EDT
Published 30 May, 2019 12:00am
Profit-taking, global stock slide weigh on Saudi stocks

Profit-taking, global stock slide weigh on Saudi stocks

Saudi Arabian stocks dropped on Wednesday as falling oil prices and weak global sentiment pulled down banking shares on the market's first of trading as a member of the MSCI emerging markets index. Some investors also cashed in their holdings ahead of the
Published 30 May, 2019 12:00am
Wednesday's early afternoon trade: Indexes hit 3-month low

Wednesday's early afternoon trade: Indexes hit 3-month low

Wall Street's main indexes hit a near three-month low on Wednesday, as growing fears of a protracted trade war between the United States and China sent investors scurrying for the safety of government bonds. Chinese newspapers warned on Wednesday that Bei
Published 30 May, 2019 12:00am
Wall Street loses early gains as trade concerns abound
Exchange

Wall Street loses early gains as trade concerns abound

US stocks closed lower on Tuesday, with initial gains giving way to declines as the likelihood of a prolonged trade war between the United States and China once again kept risk appetite in check. US President Donald Trump on Monday said he was "not yet re
Published 30 May, 2019 12:00am
Australian, New Zealand shares down
Exchange

Australian, New Zealand shares down

Australian shares fell on Wednesday with commodity stocks weakening the most as global growth concerns hurt risk appetite, although rare earths miners gained on the possibility that Beijing could halt exports of these metals to the United States. The S&P/
Published 30 May, 2019 12:00am
Treasury yields drop to 20-month low

Treasury yields drop to 20-month low

Concerns about the US-China trade war and Italy's budget policy sent benchmark US Treasury yields to their lowest levels since September 2017 on Tuesday and helped fuel demand for Treasury Department debt auctions. US President Donald Trump said on Monday
Published 30 May, 2019 12:00am
Treasury yields drop to 20-month low

Treasury yields drop to 20-month low

Concerns about the US-China trade war and Italy's budget policy sent benchmark US Treasury yields to their lowest levels since September 2017 on Tuesday and helped fuel demand for Treasury Department debt auctions. US President Donald Trump said on Monday
Published 30 May, 2019 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower on Wednesday with worries growing again over trade as the United States and China show few signs of progress on their dispute. The benchmark Nikkei 225 index lost 1.21 percent or 256.77 points to 21,003.37, while the broader Topi
Published 30 May, 2019 12:00am
China blue-chips down on weak sentiment

China blue-chips down on weak sentiment

Chinese blue-chip shares ended lower on Wednesday amid investor concerns over a slowing economy and Beijing's trade dispute with Washington while foreign investors sold shares, but bargain hunting lifted insurance firms and the benchmark Shanghai index. T
Published 30 May, 2019 12:00am
European shares fall, scorched by China rare earth warning

European shares fall, scorched by China rare earth warning

European shares slid on Wednesday as Chinese newspapers warned it could squeeze its supply of rare earth elements to hit the United States, sending jitters through the markets and prompting investors to flee for safer ground. While China has so far not ex
Published 30 May, 2019 12:00am
Indian shares lower

Indian shares lower

Indian shares inched lower on Wednesday, dragged down by State Bank of India and Zee Entertainment Enterprises Ltd, amid lingering concerns about a global economic slowdown. The broader NSE index was down 0.026% at 11,896.40 as of 0450 GMT, while the benc
Published 30 May, 2019 12:00am
Southeast Asian markets: Indonesia bounces back; Thailand drops

Southeast Asian markets: Indonesia bounces back; Thailand drops

Indonesian shares bounced back on Wednesday to close more than 1% higher, while weakness in oil prices and renewed political tensions sent Thai stocks lower. Consumer and telecom stocks helped the key Jakarta stock index post its fourth sessions of gains
Published 30 May, 2019 12:00am
Worsening trade conflict drags down FTSE 100

Worsening trade conflict drags down FTSE 100

British stock markets wobbled lower on Wednesday as signs of an escalation in the China-US trade conflict, coupled with growing worries of a no-deal Brexit, hurt demand for risk. The main index gave up 1.2%, while the more domestically focussed midcap mar
Published 30 May, 2019 12:00am
Boeing's 737 MAX jet grounded for at least 10-12 more weeks: IATA

Boeing's 737 MAX jet grounded for at least 10-12 more weeks: IATA

The global aviation association IATA expects Boeing's troubled 737 MAX 8 plane to remain grounded for at least 10 to 12 more weeks, director general Alexandre de Juniac said Wednesday. In March, an Ethiopian Airways Boeing 737 MAX 8 crashed killing all 15
Published 30 May, 2019 12:00am
German unemployment rate rises for first time since 2013

German unemployment rate rises for first time since 2013

Germany's unemployment figures rose in May for the first time in more than five years, official data showed Wednesday, amid signs of slowing growth in Europe's biggest economy. Five percent of people were out of work in Germany, up 0.1 percentage points,
Published 30 May, 2019 12:00am
Brazil eyes currency convertibility in 2-3 years
Exchange

Brazil eyes currency convertibility in 2-3 years

Brazil aims to make its currency, the real, fully convertible within two to three years, central bank President Roberto Campos Neto said on Wednesday, in an effort to lower the cost of cross-border trade and investment.
Published 30 May, 2019 12:00am
Venezuela claims 130,000 percent inflation

Venezuela claims 130,000 percent inflation

Venezuela ended 2018 with inflation above 130,000 percent while its crisis-hit economy shrank by nearly half in the last five years, the central bank claimed Tuesday - a figure far below international estimates.
Published 30 May, 2019 12:00am
Trade war biggest risk to financial stability: ECB
Currency

Trade war biggest risk to financial stability: ECB

A growth slump that could be caused by rising trade tensions is the biggest risk to financial stability in the eurozone, the European Central Bank said Wednesday. "A potential trade war is perhaps the main risk, the main threat to the economic environment
Published 30 May, 2019 12:00am
Huawei asks US court to throw out federal ban

Huawei asks US court to throw out federal ban

Chinese telecom giant Huawei stepped up its legal battle on Wednesday to overturn US legislation barring American federal agencies from buying its products amid an escalating high-tech dispute. Huawei filed suit against the US bill in March, calling it "u
Published 30 May, 2019 12:00am
Qatar slams UAE trade complaint

Qatar slams UAE trade complaint

Qatar criticised the United Arab Emirates on Wednesday after the World Trade Organization agreed to investigate a complaint from Abu Dhabi over alleged trade restrictions on its goods. The UAE, whose complaint on Tuesday referred to a WTO dispute resoluti
Published 30 May, 2019 12:00am
China warns US not to politicise exchange rates
Exchange

China warns US not to politicise exchange rates

China warned the United States on Wednesday not to "politicise" the exchange rate of its currency amid a festering trade war between the two economic giants. The US Treasury declined to label China a currency manipulator in its latest semi-annual report b
Published 30 May, 2019 12:00am
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