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Pakistan's forex reserves at over $13bn

Source: The News | 11-01-2013

he total liquid foreign reserves held by the country stood at $ 13,558.8 million on January 4, 2013, said a central bank statement.

Giving a break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) said that the foreign reserves held by the central bank stood at $ 8,769.7 million while net foreign reserves held by banks (other than SBP) stood at $ 4,789.1 million on January $4,2013.The total liquid foreign reserves on January 4,2013 stood at $13,558.8 million.

Oil up in Asia

Source: The News | 26-12-2012

Oil prices were up in post-Christmas Asian trade Wednesday as traders warily eyed the soon-to-resume US budget talks on a deal to avert the fiscal cliff, analysts said. New York's main contract, light sweet crude for delivery in February rose 46 cents to $89.07 a barrel and Brent North Sea crude for February gained 55 cents to $109.35. ..... Read more

Govt all set to unveil STPF 2012-15 today

Source: The Nation | 30-01-2013

The government is all set to unveil much-awaited Strategic Trade Policy Framework (STPF) 2012-15 Wednesday (today) after getting formal approval from the federal cabinet on the same day. Federal cabinet is set to approve the Strategic Trade Policy Framework (STPF) 2012-15 today (Wednesday), which would be announced by Senior Federal Minister for Commerce ..... Read more

Oil prices down as US shutdown drags on

Source: Geo News | 09-10-2013

Oil prices edged lower in Asian trade Wednesday with little progress made in ending the bitter US government shutdown that has sparked fears of a chaotic debt default, analysts said. New York's main contract, West Texas Intermediate for delivery in November, was down one cent at $103.48 in mid-morning trade while Brent North Sea crude for Nove..... Read more

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