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1-10 results from 1000 for query «currency»

October 15, 2018 10:01 AM Pakistan stocks fall 2.79 pct after appeal for IMF bailout

The Pakistan Stock Exchange’s benchmark 100-share index lost 1086.50 points and was trading at 36,431.43 by mid-afternoon, still down 2.9 percent. Pakistan's finance ministry said last week Islamabad was approaching the IMF for assistance to help stabilise the economy that is battling a balance of payments crisis amid a shortage of dollars and dwindling

October 15, 2018 12:00 AM US wants ‘regime change’ in Iran: Rouhani

TEHRAN: The United States is seeking "regime change" in Iran, President Hassan Rouhani said on Sunday, adding that the current US administration is the most hostile that the Islamic Republic has faced in its four decades. Tensions have increased between Iran and America after United States President Donald Trump withdrew from a multi-lateral agreement

October 13, 2018 12:00 AM POL’s profit up 35 percent in 1Q

KARACHI: Profit of Pakistan Oilfields Limited (POL) rose 35 percent to Rs3.571 billion for the first quarter ended September 30, translating into earnings per share (EPS) of Rs12.57, a bourse filing said on Friday. POL earned Rs2.642 billion with EPS of Rs9.28 during the same quarter a year earlier, a statement to the Pakistan Stock Exchange said. The company 3

October 12, 2018 12:00 AM PTCL’s profit falls 26pc as rupee depreciation bites

KARACHI: Pakistan Telecommunication Company Limited’s (PTCL) profit fell 26 percent to Rs3.946 billion for the nine months ended September 30 as currency devaluation bit its earnings during the period, the company said on Thursday. The country’s leading telecommunication firm recorded Rs5.34 billion in profit during the corresponding period a year earlier

October 11, 2018 12:00 AM FIA unearths Ayyan’s link with fake accounts

ISLAMABAD: Ayyan Ali will face another case in the coming days as the Federal Investigation Agency (FIA) has unearthed her link with bogus bank accounts. The sources said, "Transactions had been made in Ayyan Ali's account from fake accounts." The FIA on Wednesday found a link between model Ayyan Ali's accounts and fictitious bank accounts used for money

October 9, 2018 6:08 AM IMF says not approached by Pakistan for assistance

NUSA DUA, Indonesia: Pakistan has not formally approached the International Monetary Fund for financial assistance despite its economic woes, the IMF’s chief economist said on Tuesday. China’s involvement in Pakistan’s economy could bring both benefits and risks, Maurice Obstfeld said. At a news conference at the IMF and World Bank annual meetings in Bali, Obstfeld

October 7, 2018 12:00 AM Russia’s major banks see forex outflow amid sanctions threats

MOSCOW: Russia’s largest lenders, state-owned Sberbank and VTB, saw outflows of foreign currency deposits in August amid a rouble depreciation and concerns about new U.S. sanctions, according to an analysis of central bank data. Some of their smaller rivals, however, and subsidiaries of foreign banks in Russia saw inflows to their FX deposits in the same period

September 30, 2018 12:00 AM Two held for taking ‘bribe’ in Nowshera

NOWSHERA: A judicial magistrate along with the officials of the Anti-Corruption Department arrested a patwari and his assistant on the charges of taking bribe and recovered Rs85,000 from them. Talking to reporters, Judicial Magistrate Shakeel Arshad Khan and Anti-Corruption Department Circle Officer Bilal Khan said that one Jan Muhammad filed an application 2

September 28, 2018 8:22 AM Pakistani air hostess missing in Canada traced

ISLAMABAD: The Pakistan International Airlines hostess, who disappeared in Canada, has now been traced, Geo News reported Friday. Quoting unnamed PIA sources, the TV channel said Fareeha Mukhtar is living with a former PIA air hostess Mahira, who is working in a hotel there. The national carrier launched investigations into the incident and filed a report 1

September 14, 2018 12:00 AM Saudi Arabia raises $2bln with new Islamic bonds

DUBAI: Saudi Arabia has raised $2 billion in new sukuk, or Islamic bonds, completing its external funding requirements for 2018. The transaction is the kingdom´s second international sale of sukuk after a $9 billion issue last year. The bond sale was "part of the Ministry of Finance´s commitment to the development of the Shariah-compliant debt capital 4