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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)

Traders oppose long march, business activities continue

Source: dawn | 16-01-2013

Traders have opposed the long march and continued business activities in Rawalpindi as almost all the big and small shopping malls remained opened on Monday. The traders rejected the protest call given by Tehrik-i-Minhajul Quran. The shopkeepers set up their shops as usual and declared the protest call irrational.Buyers were also seen visiting the m..... Read more

PSO, Parco MDs pressing police to avoid investigation

Source: The Nation | 24-01-2013

The managing directors of Pakistan State Oil and Pak Arab Refinery Limited are allegedly building pressure on Punjab Police from big wigs of ruling elites seeking exemption from an investigation on multi billion worth oil theft. Following the order of a parliamentary sub-committee to arrest the Managing Directors (MDs) of two leading energy companies for ..... Read more

Petroleum Ministry aims administrative control over Ogra

Source: The Nation | 22-01-2013

Ministry of Petroleum & Natural Resources (MPNR), in a bid to deprive the independent Oil and Gas Regulatory Authority (Ogra) from its sovereignty, has drafted a bill seeking certain amendments in the Ogra Ordinance, which first would be tabled before federal cabinet and then before the National Assembly for final approval. “After getting ..... Read more

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