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  • Mettis Global News

    Mettis Global is a Financial Information company which provides Market Data, Data Solutions and Analytics to Corporate Treasuries, Financial Institutions and other Market Participants.

    • Economic Diplomacy assumes center stage in modern diplomatic practice: FM
      June 17, 2021: Foreign Minister Shah Mahmood Qureshi says Economic Diplomacy has assumed center stage in modern diplomatic practice. Chairing a virtual meeting on Economic Diplomacy with participation from Pakistan's Envoys to Serbia, Spain, Sweden, Switzerland, Netherlands, Ukraine and the United Kingdom on Wednesday, he underscored the growing significance of geo-economics in international…
    • PMRC, HBL Islamic banking close another Sukuk worth Rs1bn
      June 17, 2021: Pakistan Mortgage Refinance Company (PMRC) announced the closing of yet another Sukuk, with HBL Islamic Banking. This sukuk will serve to make Shariah Compliant Housing Finance more accessible to the public. During the ceremony, Mudassir CEO/MD PMRC said, “PMRC is delighted to partner with HBL Islamic Banking for this Sukuk. The funds raised under this Sukuk are important for the…
    • Crude oil prices drop, pressured by stronger U.S. dollar
      June 17, 2021: Crude oil prices fell on Thursday as the U.S. dollar strengthened after the U.S. Federal Reserve signaled it might raise interest rates faster than expected, but losses were limited by a big drop in U.S. crude oil inventories. Brent crude oil futures dropped by 41 cents, or 0.6%, to $73.98 a barrel by 0400 GMT after reaching its highest since April 2019 in the previous session. U.S.…
    • Prospect of earlier Fed rate hike sends Asia markets lower
      June 17, 2021: Asian markets mostly fell Thursday and the dollar held strong gains after the Federal Reserve brought forward its forecasts for hiking interest rates as it looks to prevent overheating in the US economy, which is enjoying a blockbuster recovery. After a much-anticipated meeting, top bank officials maintained their ultra-easy monetary policy and repeated their belief that the sharp…
    • Coca Cola Pakistan announces $50mn investment for 7th Production Plant in KP
      June 17, 2021: A delegation of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a Greenfield project the company plans to set up in the Haripur District, Khyber Pakhtunkhwa (KP). This will be CCI’s 7th production facility in the country. The construction of this new state-of-the-art…
    • NBP issues Foreign Exchange Rate
      June 17, 2021: Treasury Management Division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Ready Transaction Rates Currency Symbol TT Selling TT Buying US DOLLAR USD 157.45 156.95 EURO EUR 189.18 188.58 JAPANESE YEN JPY 1.4220 1.4174 BRITISH POUND GBP 220.37 219.67 SWISS FRANC CHF 173.29 172.74 CANADIAN DOLLAR […] The post NBP issues Foreign Exchange Rate…