AGL 38.54 Increased By ▲ 0.32 (0.84%)
AIRLINK 129.99 Increased By ▲ 1.02 (0.79%)
BOP 8.82 Increased By ▲ 0.97 (12.36%)
CNERGY 4.72 Increased By ▲ 0.06 (1.29%)
DCL 8.49 Increased By ▲ 0.17 (2.04%)
DFML 39.60 Increased By ▲ 0.66 (1.69%)
DGKC 83.00 Increased By ▲ 1.06 (1.29%)
FCCL 34.21 Increased By ▲ 0.79 (2.36%)
FFBL 76.34 Increased By ▲ 0.63 (0.83%)
FFL 12.93 Increased By ▲ 0.11 (0.86%)
HUBC 111.20 Increased By ▲ 0.84 (0.76%)
HUMNL 14.20 Increased By ▲ 0.19 (1.36%)
KEL 5.50 Increased By ▲ 0.35 (6.8%)
KOSM 7.72 Increased By ▲ 0.05 (0.65%)
MLCF 40.75 Increased By ▲ 0.95 (2.39%)
NBP 73.00 Increased By ▲ 0.68 (0.94%)
OGDC 191.50 Increased By ▲ 3.21 (1.7%)
PAEL 25.77 Increased By ▲ 0.14 (0.55%)
PIBTL 7.46 Increased By ▲ 0.09 (1.22%)
PPL 157.00 Increased By ▲ 4.33 (2.84%)
PRL 25.70 Increased By ▲ 0.31 (1.22%)
PTC 18.35 Increased By ▲ 0.65 (3.67%)
SEARL 83.01 Increased By ▲ 0.59 (0.72%)
TELE 7.70 Increased By ▲ 0.11 (1.45%)
TOMCL 33.05 Increased By ▲ 0.48 (1.47%)
TPLP 8.44 Increased By ▲ 0.02 (0.24%)
TREET 16.83 Increased By ▲ 0.05 (0.3%)
TRG 57.00 Increased By ▲ 0.96 (1.71%)
UNITY 29.00 Increased By ▲ 0.22 (0.76%)
WTL 1.35 No Change ▼ 0.00 (0%)
BR100 10,781 Increased By 122.4 (1.15%)
BR30 31,705 Increased By 373.5 (1.19%)
KSE100 100,397 Increased By 1128 (1.14%)
KSE30 31,369 Increased By 336.2 (1.08%)

The State Bank of Pakistan (SBP) has withdrawn financing to wheat exports and asked commercial banks to refrain from financing wheat exports with immediate effect. The central bank through its Circular Letter No 13/EPP 1 (51) Wheat-PER-2007 of June 2, 2007, has sought strict compliance from banks.
It may be noted that the commerce ministry had earlier suspended wheat export till further orders vide an SRO of May 23, 2007 to stabilise its prices in the country.

Copyright Associated Press of Pakistan, 2007

Comments

Comments are closed.