ISLAMABAD -- Federal Board of Revenue (FBR) has decided to electronically link customs automated system WeBOC with the Treasury and Capital Markets Group of the National Bank of Pakistan (NBP) so that the daily exchange rate of major currencies
are uploaded into WeBOC directly as soon as the same are notified.
Many currency dealers confirmed that they had halted sales of dollars and other major currencies
'as the supply of foreign currencies has dried up,' Exchange Companies Association of Pakistan (ECAP) General Secretary Zafar Paracha told mdia.
'The dollar could slowly gain since the greenback has substantially lost internationally against other major currencies
,' said Malik Bostan, President Forex Association of Pakistan.
However, most major currencies
carry some high security features which are very difficult to copy.
KARACHI -- Following are the selling/buying rates of major currencies
issued by the National Bank of Pakistan (NBP), here on Monday.
In forex markets, trading was thin with most major currencies
Fluctuations in major currencies
provided experts in the UAE with favorable rates when it came to sending money back home to their families, industry experts said.
The hike in the US dollar compared to the major currencies
basket for the second consecutive day I due to a support to the US employment data, despite decline in forecasts of increase the US interest rates.
Summary: The dollar rose against most major currencies
on Wednesday after Congress approved a budget deal, avoiding a series of tax increases and government spending cuts.
The euro shot up against the yen and other major currencies
Friday in New York, climbing above the 101 yen line as fears about Europe's debt crisis receded.
The yen gained against all other major currencies
today including .676 percent against the Hong Kong dollar and .847 against the Canadian dollar.