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 Modern world economics and Pakistan
 All countries have mutual relationship in modern world economics. However developing countries are dependent on modern world economics instead of coexistence whereas ...More

 Business News
KSE falls 67 points due to impact of MSCI changes
KARACHI: The impact of MSCI changes regarding inclusion and exclusion of a few Pakistani stocks in its ‘Standard Index’ revived negative sentiments at Karachi .....More

Indus entrepreneurs’ moot celebrates success
KARACHI: Amir Adnan, founder of Shaper Private Limited, was born an entrepreneur. But the man behind Pakistan’s first international menswear label had no one to .....More

Duty cut encouraging import of luxuries
LAHORE: With the widening trade gap, the tendency of the government to reduce or waive customs duty on luxury items is further encouraging imports. One such example .....More

Govt borrowings soar to Rs361.6bn
KARACHI: Net government borrowings surged to Rs361.608 billion from July 2007 to April 26, 2008 which expanded broad money (M2) growth to Rs343.671 billion .....More

Rupee’s slide continues
KARACHI: The rupee showed dismal performance versus the dollar in the inter-bank and open markets on Thursday .....More

Merck top executives sacked for demanding compensation
KARACHI: Four more people became unemployed in Pakistan on record on April 25, 2008 when the world class pharmaceutical company, Merck Sharp & Dohme of .....More

KSE a symbol of what Pakistan will be: US envoy
KARACHI: The Karachi Stock Exchange (KSE) has huge potential and is a symbol of Pakistan’s hope and growth in the economy .....More

Dollar-rupee parity
KARACHI: Dr Shamshad Akhtar, Governor, State Bank of Pakistan (SBP) has directed foreign exchange companies to keep dollar-rupee parity differential between .....More
 
 MARKET INDICATORS
INDEX LAST CHANGE
KSE 57.65
NYSE 13856.36 -
 

 Open Market Forex Ratesss

Countries BUYING SELLING
US Dollar 62.5 62.7
Pound Sterling 123.75 123.95
Euro 91.65 91.85
Deutsche Mark 42.17 42.31
Saudi Riyal 16.58 16.68
U.A.E. Dirham 16.98 17.03
 Karachi Gold Rates:
 Gold Tezabi 18,170.00 
 Silver Tezabi - 

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 Cotton Rates

 NIAB-78

SG

2,311.25

 K-68

SG

2,570.00

 MNH-93

SG

2,608.75

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