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.
dollar, as measured by the Federal Reserve Boards trade-weighted
major currencies index, depreciated 1.4 percent.
'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 muted.
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.
