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Brent crude oil falls more than 2% after Iran deal

Source: Geo News | 25-11-2013

Brent crude prices fell by more than two percent on Monday following a key deal between world powers and Iran on its controversial nuclear programme.

Brent North Sea crude, the European benchmark, for January delivery fell $2.48, or 2.23 percent, in early Asian trade to $108.57, while New York's main contract, West Texas Intermediate (WTI) for January, was down 84 cents, or about one percent, at $94.00 in mid-morning trade.

Govt borrowed Rs911bn in eight months: Budgetary support

Source: Dawn News | 28-03-2013

The State Bank reported on Tuesday that the borrowing for budgetary support since July 2012 to mid March 2013 rose to Rs911 billion with the said amount mostly borrowed from scheduled banks. The government depends on borrowed funds to carry out day to day functions. The data of borrowings for budgetary support during the eight and half months of this fi..... Read more

Dollar firms against euro, yen

Source: Geo News | 21-08-2013

TOKYO: The dollar firmed against the euro and the yen on Wednesday, while India's rupee rebounded from a record low as traders await the release of minutes from the US Federal Reserve's July meeting. Trade was cautious, with analysts expecting the Fed to soon announce the end of its year-long stimulus, which has helped fuel a global equity and forex..... Read more

OGRA notifies raise in CNG prices

Source: The News | 02-01-2013

The Oil and Gas Regulatory Authority (OGRA) Tuesday issued a notification, raising the CNG prices in line with the new pricing formula approved by a sub-committee of Economic Coordination Council (ECC). The price of CNG has been increased in Region-1 by Rs12.80 per kilogram to Rs74.44 per kg and Region-2 by Rs11.62 a kg to Rs65.78 a kg.However,..... Read more

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