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Pakistanâ€™s liquid foreign reserves stand at $9,077.7mn

Source: Geo News | 19-11-2013

KARACHI, November 18 (PPI): State Bank of Pakistan here Monday said the total liquid foreign reserves held by the country stood at $ 9,077.7 million on 8th November, 2013.

Foreign reserves held by the State Bank of Pakistan stood at $3,845.4mn while net foreign reserves held by banks (other than SBP) $5,232.3mn. (PPI)

Apple fights for bigger slice of China smartphone pie

Source: Geo News | 15-01-2014

The world's biggest mobile network is ready to offer Apple's iPhone, but while the US technology giant has declared China its biggest future market, it faces an uphill battle to unseat Samsung and homegrown competitors. China Mobile has more than 760 million customers but for years it has declined to provide the iPhone as the two companies argued over com..... Read more

Oil prices mixed ahead of US crude inventory report

Source: Geo News | 07-08-2013

SINGAPORE: Oil prices were mixed in Asian trade Wednesday as investors awaited the latest US crude stockpiles data for clues about demand from the world's biggest oil consumer, analysts said. New York's main contract, West Texas Intermediate for delivery in September, was up six cents at $105.36 a barrel in mid-morning Asian trade, and Brent North S..... Read more

Ginning factories receive 20.5pc less cotton bales

Source: The Nation | 19-03-2013

According to the fortnight report issued by PCGA, the total domestic arrivals of seed cotton (phutti) up to March 15, 2013 were 12,845,070 bales that are 1,703,775 bales (11.71pc) lesser than previous year. The report further details that during the period 9,445,703 bales equivalent seed cotton received in ginning factories of Punjab that was 2,434,274 ba..... Read more

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