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  Tuesday, May 27, 2008, Jamadi-ul-Awwal 20, 1429    

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Business News

Govt to bring budget deficit below 6.5pc: Naveed

Karachi—The Government has decided to bring the budget deficit below 6.5 percent during fiscal year 2008-09, against the existing 29 percent. In the year 2009-2010, the deficit will be cut down further.

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Food price inflation to hit record high, says central bank

Staff Reporter

Islamabad—Food price inflation is set to register another record high by the end of this month, the head of the central bank said Monday.

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Wide scope of trade between Pakistan and Yemen

Nasir Mahmood

Karachi—Yemen, the country of 22 million populations having historical background has many opportunities for bilateral business and trade in the field of textile spinning and leather goods.

full story»  

 

FPCCI disagrees on imposition of 35pc LC margin on imports

Staff Reporter

Karachi—Tanvir Ahmad Sheikh, the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has criticized the imposition of 35 percent margin on Letter of Credit (LC) on imports.

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AutoPlus software implemented in PQML

Staff Reporter

Islamabad—The implementation of AutoPlus software, developed under Pakistan Software Export Board (PSEB) Industry Automation Program, has started at Plum Qingqi Motors Ltd (PQML), Lahore, a spokesman of PSEB said in a statement.

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More Business News

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Govt should focus on infrastructure uplift

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Economists back rate rise by State Bank

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PTA busts unauthorised gateway exchange in Karachi

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PAAPAM shows concern over monetary policy

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Fruit exports can be hiked 6 times

 
Forex FOREX RATES
US Dollar 68.70 69.00
UK Pound Sterling 136.05 136.35
Australian Dollar 65.85 66.15
Bahrain Dinar 181.80 182.00
Canadian Dollar 69.10 69.50
China Yuan 9.50 9.70
Danish Krone 14.30 14.50
Euro 108.25 108.55
Hong Kong Dollar 8.76 8.86
Indian Rupee 1.65 1.75
Japanese Yen 0.66 0.665
Kuwaiti Dinar 254.70 255.00
Malaysian Ringgit 22.00 22.30
NewZealand $ 53.95 54.25
Norwegians Krone 13.50 13.70
Omani Riyal 178.10 178.30
Qatari Riyal 18.83 19.03
Saudi Riyal 18.28 18.48
Singapore Dollar 50.15 50.45
Swedish Korona 11.58 11.68
Swiss Franc 66.60 66.90
Thai Bhat 2.22 2.32
U.A.E Dirham 18.70 18.8
 
Bullion BULLION RATES
KARACHI:
Gold Tezab  20314.00
Silver Tezabi  372.85
LAHORE:
Gold Tezabi  N/A
Gold 22 CT  N/A
Gold 21 CT  N/A
Silver Tezabi  N/A
Silver Thobi  N/A

 

 

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